1651-52 Potosi 3.75 Reales NGC VF Details (Counterstamped) – Capitana Shipwreck

Item #CC-0609 | 1651-52 Potosi 3.75 Reales NGC VF Details (Counterstamped) – Capitana Shipwreck
Mint: Potosi, Bolivia
Assayer: O for “Juan Rodríguez de Rodas”
Ruler/Period: King Philip IV
Grade: VF Details

For details and population on this coin from NGC, click on the serial number here: 6920221-013

Description: A fantastic example of a 4 reales recovered from the wreck of the Capitana!  The La Capitana shipwreck (sunk in 1654 off Chanduy, Ecuador), is known to have many rare transitional types, as well as a vast majority of the coins found to be devalued with a counter stamp due to the improper weight of each coin minted during that time. This scandal turned into a huge ordeal, resulting in the execution of the mint director for his inaccurate weight of coins produced during those years. This 4 reales was devalued to being worth 3.75 reales due to it’s low/improper weight. A great coin with beautiful details!