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<p>[QUOTE=&quot;BlackBeard_Thatch, post: 2765461, member: 85208&quot;]With shipwreck coins it&#039;s not the condition of the coin but the history behind the ship which it went down with because you gotta remember they made loads of coins from Mexico and Columbia and sent to back to Spain and other Colonies. There is always those special rare reales (for instance 8 reales with Louis l of Spain on the front) but this is not one of them. This shipwreck is historic though, the ship was to send money to Spanish colony of Louisiana because it&#039;s economy was failing from counterfeiting of coins and the shortage of hard currency devalued cash in</p><p>circulation plus they needed to pay officials. The ship sank 50 miles off the coast of new Orleans and its cargo of 400,000 reales sank, because of this shipwreck Spain rethought did they really need Louisiana, They ended up giving it back to France and then France ended up selling it to the U.S. Because of this shipwreck and it&#039;s failed mission, the size of the U.S doubled. The ship itself has not been salvaged yet and the only coins that have been brought up are ones that they brought up with a fishing net when they found the wreck.[/QUOTE]</p><p><br /></p>

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