Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.
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| 1730 8 Reale Galano. Source: Treasure, World, U.S. Coin and Paper Money Auction 29 May 7-8 , 2021 by Daniel Frank Sedwick, LLC - issuu |
Here is the star of the recently concluded Sedwick auction. The realized price of $85,000, was the highest realized price of the entire auction, which included many great lots. The next highest prices that I noticed was $55,000 for lot 52.
I was a bit disappointed that the star of the auction was not a 1715 Fleet item.
Below is the lot description,which shows why it did so well.
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| Lot 52 of Recently Conclude Sedwick Auction No. 29. Source: Treasure, World, U.S. Coin and Paper Money Auction 29 May 7-8 , 2021 by Daniel Frank Sedwick, LLC - issuu |
Lot 52 brought the second highest price in auction no. 29. The realized price for this lot was $55,000.
It is an Atocha item.
Here is the lot description.
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There were a couple of lots that sold for $45,000. Here is one. It is another Mexico NGC graded galano eight-reale.
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| 1607 Mexico Galano. Source: Treasure, World, U.S. Coin and Paper Money Auction 29 May 7-8 , 2021 by Daniel Frank Sedwick, LLC - issuu |
These near perfect graded Mexico galanos brought higher prices than many fine escudos.
Here is the lot description.
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Here is a Lima escudo that also sold for $45,000. It is from the 1715 Fleet.
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| Lima 8-Escudo Sold in Sedwick Auction No. 29. Source: Treasure, World, U.S. Coin and Paper Money Auction 29 May 7-8 , 2021 by Daniel Frank Sedwick, LLC - issuu |
And here is the lot description from the catalog.
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Next on my list is a big silver bar weighing almost 87 pounds. It is another Atocha find.
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| Lot 60 In Recently Concluded Sedwick Auction No. 29. Source: Treasure, World, U.S. Coin and Paper Money Auction 29 May 7-8 , 2021 by Daniel Frank Sedwick, LLC - issuu |
And here is the lot description.
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That is a good variety among the top sellers - two silver galanos, a gold galano, a gold bar and a huge silver bar. Not surprising that such fine galanos did so well.
In the future I hope to get into some analysis and draw price comparisons with a 1977 auction.
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| Source: MagicSeaWeed.com. |
This is starting to look interesting. The surf is building. Now possibly up to 8 feet. That is getting up there. Unfortunately it doesn't look like we'll get much additional help from the wind direction or tides.
Happy hunting,
TreasureGuide@comcast.net