1783 MO FF 1/2 Reales El Cazador Shipwreck Coin,NGC Certified Very Good

1783

MO FF 1/2 Reales El Cazador Shipwreck Coin,NGC Certified Very Good Condition .NGC Certified. RARE . Date Not Clear.

.01 No Reserve Auction.With Story Card. This Type Coin is Rare on the El Cazador.

With Story Card.

.01 No Reserve Auction.

The Photos Are Of The Coin You Will Receive.

T

his 1/2 Reales coin is smaller than a U.S.dime.It was discovered by divers at a 200 + year old Caribbean shipwreck sight.It is 90% silver and was struck at the Mexico city mint. by order of King Charles III between 1772-1783 .

France, Spain and England ventured on long voyages to expand their empires from the 1600's to the

1800's and established colonies outside of their homelands. One of the ways to keep the new colony under control for the mother country was to command its currency. Usually the monarch or some other symbol of power from the initial country would be minted on these coins. The coins would also bear symbols and other devices that would tie the coin to that colony. The money would have some kind of fixed exchange rate with the mother country. Another way to keep the colony in line was to make the currency worth less than the money from the main country.

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