Sunday, April 29, 2018

4/29/18 Report - Gilded Royal. Silver Bar. Meteorite Gun. Buried Treasure Imaged by Radar.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Gilded 8-Reales.
Source: Current Sedwick Auction ( See link below.).
Here what is described as a Royal.  It is a Potosi 8-reales, but what I found interesting in the lot description is the "faint glint of gold color from old gilding."  See the entire lot description below.

If you found it while the gilding was still full, you would be faced with a silver reale that looked like gold.  I know how that can be confusing because I once found a fake treasure coin that looked gold but had the design of a reale.  I knew very little about cobs at that point, and it was confusing.

The interesting thing about it to me is the question of when and why it was gilded.  Sedwick's once said that it is unlikely that Royal's were made for royalty because there were too many made and many of them never left the New World.  It was not unusual for Royals to be holed and gilded.

This one has something else that caught my attention.  The assayer mark looks very much like a bulls-eye.  I've pointed out that little symbol on Potosi cobs before.

Here is the Sedwick auction lot description.

Potosi, Bolivia, cob 8 reales Royal, 1650O, NGC XF details / holed. S-P35; KM-R19b; CT-400. 28.20 grams. Die match with Lazaro #111 (R3), with choice and 100% full details on both sides enhanced by contrasting toning but inevitably holed (left of crown / right of cross), faint glint of gold color from old gilding. NGC #4690085-001.

And here is the link.

https://auction.sedwickcoins.com/Potosi-Bolivia-cob-8-reales-Royal-1650O-NGC-XF-details-holed_i29836099

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Among the higher bids in the auction so far are the bids for two big silver bars.  Both have current bids of $29,000.

Silver Bar Listed in Current Sedwick Auction.
Source: See link below.
Here is one of the two similar bars.

And here is the lot description for the one shown above.

Large silver bar #510 from Potosi, 74 lb 3.5 oz troy, Class Factor 0.9, with markings of mine/date Po1621, manifest IIIIUCCCCXCI (4491) and fineness IIUCCCLXXX (2380/2400) followed by cartouche of assayer Mexia, plus various owner/shipper marks and tax stamps, from the Atocha (1622). 13-1/2" x 5-1/2" x 3". Very well-marked and well-preserved specimen of slightly less than average size, with bold manifest and owner/shipper monograms (C. Sanchez and P. Morera), clear but weaker marks of fineness, assayer, tax stamps, date (to left of manifest number) and silvermaster (V), prominent double-scoop "bite" in center. The assigned Class Factor indicates that the Fisher organization must have missed the date on this piece, which should merit a 1.0 Class Factor. From the Atocha (1622), with Fisher photo-certificate.

Here is the link.
https://auction.sedwickcoins.com/Large-silver-bar-510-from-Potosi-74-lb-3-5-oz-troy-Class-Factor-0-9-with-markings-of-mine-date-P_i29835491

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Here is a nice but older article about using radar to get images of buried objects.

https://www.newscientist.com/article/dn3923-satellites-hunt-for-buried-treasure/

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How about a $4.5 million gun made out of a 4.5 billion year-old meteorite?

That would be a nice and rare collectible.

http://www.foxnews.com/tech/2018/04/26/holy-grail-guns-made-company-sells-4-5m-pistols-made-from-4-5-billion-year-old-meteorite.html

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Tell me about your day at the Treasure Hunters Cookout.

Happy hunting,
TreasureGuide@comcast.net