Shipwreck Coin Princess Louisa Necklace
- Genuine, authenticated shipwreck coin
- Diamond and 14kt white gold cross
- Gun metal sterling silver chain included
Certificate of authenticity included: Spanish treasure coin from the wreck of the East India Company Ship Princess Louisa
This specimen is a genuine Treasure Coin salvaged from the treasure ship Princess Louisa. Spanish coins of the late 16th through 18th centuries were cut to weight from bars of silver according to the Spanish monetary system and then hand-struck between two crudely engraved dies, thus the irregular shapes and sizes of the resulting coins. These coins came to be known as Cobs from the Spanish expression, "Cobo de Barra" or "end of the bar."
Spanish coinage was a monetary standard throughout the world. The Princess Louisa, an East India Company ship, was lost in 1743 on Galleons Reef in the treacherous waters off the Cape Verde Islands.
When she sank, the Princess Louisa was carrying more than four thousand pounds of Spanish Colonial cob coinage from the New World mints. The coins were to be used to purchase silks, spice and other goods in the East. An effort to salvage the shipwreck in 1744 was unsuccessful as were numerous later attempts. In a 1998-1999 expedition, the well-known marine archeological recovery company, Arqueonautas, located and began recovery of the historical treasure coins of the Princess Louisa.