The value of Atocha coins can vary considerably depending on several factors, including:
- Denomination: Different denominations like 2 reales, 4 reales, or 8 reales will have varying values.
- Grade (Condition): The condition of the coin, often rated on a grading scale (Grade 1 being the best), significantly impacts its worth.
– Grade 1 coins typically fetch the highest prices, sometimes exceeding $1200 or more, especially if they are larger denominations or rare examples.
– Lower grade coins (Grade 4) might be worth around $50-$150.
– Coins of decent condition might range from $300 to $500.
- Provenance: Having documented proof, such as a Certificate of Authenticity (COA) issued by the salvor like Mel Fisher’s, significantly enhances the coin’s value and assures authenticity.
- Rarity: Some coins, especially those from specific mints or with unique features, are exceptionally rare and consequently much more valuable. For example, gold Atocha coins are very scarce with only 128 recovered so far.
Examples of Atocha coin values:
- Atocha 8 Reales Grade 2 from Potosi, is listed for $4300.
- Atocha 8 Reales Grade 2 from Potosi, with a different coin number is offered at $3700.
- A 4 Reales Atocha Shipwreck Silver Coin , described as genuine and sourced from a melted gold bracelet, is available for $1500.
- An Extremely RARE Authentic Atocha Grade 1, 4 Reale , from the LIMA Mint is listed for $68,000.
- An Atocha Shipwreck 8 Reale Grade 1 Coin , unmounted and with a Mel Fisher Certificate, is priced at $9550.
Important considerations:
- Authenticity is paramount. Be cautious of fakes, as their worth is far lower. Look for well-documented provenance and matching mint markings.
- It’s advisable to consult with reputable coin dealers or experts for a proper appraisal and to ensure the authenticity of any Atocha coin you are considering purchasing.
In summary, Atocha coins are valuable historical artifacts with significant monetary worth. Their value is largely determined by factors like denomination, condition, and provenance. Be sure to exercise caution and seek expert advice to ensure you are purchasing authentic coins at a fair price.
Are Atocha coins going up in value?
As historical artifacts with limited availability, Atocha coins going up in value make them an appealing investment option for collectors and enthusiasts alike.
How to tell if Atocha coin is real?
Provenance: Authentic Atocha coins come with well-documented histories and certificates of authenticity, tracing their recovery back to the shipwreck. Mint Markings: Inspect the coin for mint markings, date, and denomination, as these should align with the historical records.
How many silver Atocha coins were found?
The Nuestra Senora de Atocha carried over 200,000 hand stamped silver coins from mints in Potosi, Lima and Mexico City. To date, only 128 gold Atocha coins have been recovered! The gold Atocha coins were minted in Spain, as gold coins were not minted in the New World in 1622.
Who owns the Atocha treasure now?
These and other valuable items would have been stored in the captain’s cabin for safekeeping in the rear part of Nuestra Señora de Atocha. After the discovery in 1971, the State of Florida claimed title to the wreck and forced Treasure Salvors, Inc. into a contract giving 25% of the found treasure to the state.