Are shipwreck coins worth anything?
Are Shipwreck Coins a Good Investment Because of Their Gold Value? Generally, no. Most shipwreck coins are going to carry a variable premium over the spot price of gold. If you are looking to invest in gold proper, you are best to find the cheapest gold above-spot.
How can you tell if a Atocha coin is real?
Typically, they are clearly struck on both the obverse and reverse sides with the mintmark, assayer mark and denomination often all visible. Atocha coins are supplied with the original photo type Certificate of Authenticity.
How do you clean a silver Atocha coin?
The easiest way is to dip the coin in water, dip your fingers in water then baking soda and rub the surface of the coin gently with your fingers. This will clean the coin without damaging it if you are not rough. Any commercial silver polish will remove the tarnish, but I wouldn’t use it if it is to harsh.
How are shipwreck coins graded?
NGC has established grading standards for shipwreck effect coins on an A, B, and C scale for the severity of surface problems resulting from exposure to saltwater, combined with a details grade to describe wear on the coin prior to saltwater exposure. Coins in the “B” category will have above-average eye appeal.
How many Atocha coins are there?
To date, only 128 gold Atocha coins have been recovered! The gold Atocha coins were minted in Spain, as gold coins were not minted in the New World in 1622. The gold Atocha coins would have been in the pockets and possessions of the wealthy passengers.
How many silver coins were found on the Atocha?
The Nuestra Senora de Atocha carried over 200,000 hand stamped silver coins from mints in Potosi, Lima and Mexico City.
Should I remove tarnish from silver coins?
Never try to remove the natural oxidation from coins, such as the tarnish on silver coins. Removing it will damage the coin’s surface and greatly reduce its value. In other words, you should never use dips, polish, or chemical solutions to clean your coins.
Does cleaning silver coins decrease value?
Cleaning rare numismatic coins will significantly reduce their value – plain and simple. Although you don’t lose much by cleaning a coin which derives value only from its silver content, it’s not worth the risk.
What happened to the Atocha treasure?
Nuestra Señora de Atocha (Spanish: Our Lady of Atocha) was a Spanish treasure galleon and the most widely known vessel of a fleet of ships that sank in a hurricane off the Florida Keys in 1622….Nuestra Señora de Atocha.
| History | |
|---|---|
| Spain | |
| Stricken | 1623 |
| Fate | Wrecked at sea in a major hurricane on 6 September 1622 |
| General characteristics |
Is the Atocha still being salvaged?
The Atocha is the late Fisher’s most famous find, but his company is currently in the process of salvaging three other wrecks – the Santa Margarita, which went down with the Atocha, and another ship that was also believed lost in the same storm, as well as a wreck off the east coast of Florida code-named “Lost Merchant …