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<p>[QUOTE=&quot;Bayern, post: 3456639, member: 99002&quot;]Prices vary, depending on denomination, overall condition, etc. Since shipwreck coins have all been underwater for significant length of time, they exhibit something called the ‘shipwreck effect’. This is wear to a coin caused by ocean currents, sand, etc. Some coins will be very worn, or worn more so only on one side, depending on their exposure to the elements. They normally have a wavy, irregular pattern to them, due to this exposure underwater.</p><p>Often smaller denominations are more expensive than larger, as in most cases the majority of coins lost were of the 8 reales denomination. With lesser numbers to possibly none at all in cargo of the others (1/2, 1, 2 and 4 real would be the other denominations). Usually for an El Cazador 8 real coin with good detail to the coin, they will sell for between $70 and $150 dollars.[/QUOTE]</p><p><br /></p>

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