WHO WANTS TO DIVE FOR TREASURE

[SEAHUNTER]

Hi Trez
At first I thought it was Columbian, but the more I looked at it the more I thought that it was transitional. Have not finished conservation but will post pictures when I finish.
Seahunter

 

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[Hangingfor8]

With the current trend people are going to expect at least one gold coin a week

 

[SEAHUNTER]

Here are a couple of last Fridays finds after a little cleaning. I can hardly believe it, but we found gold and a 2 reale lima star two weeks in a row. Great crew.
Seahunter

 

[N.J.THer]

To help with my education...what is so special about a Lima Star cob?

Great stuff.
NJ

 

[rgecy]

It is one of the rarest silver coins known. It was minted without authorization from the King and the design is very unique compared to other silver reales of the period with the Star above the word LIMA.

The Star of Lima or "Estrella de Lima" a Numismatic Rarity by Augi Garcia

The Lima mint had closed in 1588. For a brief period in 1659 and 1660 the mint reopened, but without Royal permission. The new viceroy, Alva de Liste, found there was a very serious and chronic problem due to the shortage of circulating currency. Potosi's annual 8 million in silver pesos went almost completely to Spain, and that mint was already overworked. There was not enough currency for local merchants to do business or pay taxes. Alva decided he needed to re-open the Lima mint first and ask permission later.

The mint re-opened in January 1659 and there was a substantial silver coinage that year. The records say about 2.1 million silver pesos. Mostly 8, but also 4 and 2 and 1, Reales were struck ( as you would expect, as it was to be circulating currency, not bullion for Spain ). There are quiet a few design varieties on the 1659 obverse.

Once King Philip IV found about it, he ordered its immediate closure. The mint remained closed until 1683 with coinage resuming in 1684.

This coin lets us see the word "LIMA" spelled out, not abbreviated as LM. Star with 8 points above LIMA. Dot between 8 and assayer's initial to the right of the pillars. Assayer V is believed to be Francisco Villegas, not Juan de Villages who struck silver coinage when the mint reopened in 1684. The total of known pieces including all varieties is about 40 coins.

 

[N.J.THer]

Thanks for the answer...I knew it had to be rare but I was not sure why. I appreciate the insight.

NJ

 

[CanadianTrout]

Wow... great info RGecy! I never knew.... it really puts that coin into a whole new perspective

 

[dustinjuhasz]

Good luck today!!! Wish I could be there!! Get the GOLD Jason!! "Go to the center of the treasure hole, and find your gold you will. Master Nowell" haha

 

[SEAHUNTER]

OK Jedi Warrior - The force is with us.

 

[SEAHUNTER]

Jason brought one out of the fourth hole.

 

[ScubaFinder]

Just so you guys hear it from the horses mouth, I am no longer part of the SeaHunter crew. No major drama, just some differences of opinion that couldn't be resolved. I gave all I had to give to the project, and I hope my blood and sweat helped it along in the right direction. I wish Scott and the crew of the SeaHunter nothing but success, and rest assured my treasure hunting days are far from over...

Jason

 

[Darren in NC]

While change is not always easy, I also know seasons come and seasons go. It all happens for a reason. I wish you and Scott both the best for what unfolds next.

Godspeed,
Darren

 

[pat-tekker-cat]

Scott, always love to hear of your sucessess! Keep it up, friend!

Jason, where ya be going, friend? We've said b4 haven't we, reason, seasons, or a lifetime?
If ya still got my number and headed south, call me, or, ya know where the same ole meeting hole is.
Ain't much changed, just a little, take good care and hope to see ya soon one day!

You too Scott, I know I threaten to walk down that beach, just may, one day! Good luck to you, too!
Much love to all!

 

[cornelis 816]

Jason just blame it on my age but , I saw this coming . Cornelius

 

[FISHEYE]

Those seahunter crew members sure do retire early since they find so much treasure.

 

[dustinjuhasz]

SeaHunter with another Lima Star 4 Reale, in amazing condition out of the 3rd hole today

 

[mariner]

Jason,

I have enjoyed your postings on this thread and elsewhere. Good luck with whatever you do next. And continued good wishes to Scott, who is doing a great job as far as I am concerned.

Mariner

 

[SEAHUNTER]

Checkout our new facebook page where you can see all our latest finds.
Add us as a friend and you will see all our updates on your homepage.

http://www.facebook.com/jupiterwreck#!/jupiterwreck?sk=wall

 

[skip_fla]

Wow way to go guys, it's been awhile since I've checked in here keep up the great work. I'll have to get back out with y'all real soon.

 

[SEAHUNTER]

Good to hear from you Skip. Looking forward to diving with you again.