Shipwreck Treasure Piedmont Sank Lyme Bay, Dorset 1795AD Silver 8 Reales Spain, Philip IV 1657AD Potosi mint

Shipwreck Treasure Piedmont Sank Lyme Bay, Dorset 1795AD Silver 8 Reales Spain, Philip IV 1657AD Potosi mint.

Assayer Antonio de Erqueta (letter E on both sides)

37mm, 26.44g

Piedmont (“Lyme Bay wreck”), sunk in 1795 in Lyme Bay, south of England

One of a huge fleet of 300 ships on their way to the West Indies to suppress a French uprising, the Piedmont was forced into Lyme Bay during a hurricane on November 18, 1795, that scattered and sank the ships of the fleet all along the Dorset coast. The Piedmont and five other ships (Aeolus, Catherine, Golden Grove, Thomas and Venus) broke apart on Chesil Beach and came to be known collectively as the “Lyme Bay wrecks.” An estimated 1,000 men lost their lives in the disaster, including well over a hundred from the Piedmont alone.

In the early 1980s, the wrecks were salvaged by divers Selwyn Williams and Les and Julia C. Kent, who discovered many silver cobs of the late 1600s on the wreck site of the Piedmont. It is presumed that the coins had been captured or recovered from a 17th-century wreck and stored in the vaults of the Bank of England for about a century before being transported and subsequently lost again. These coins are usually recognizable by their uniformly dark-gray coloration, a bit sea-worn but not overly corroded. A significant group of extremely rare Colombian silver cobs from the Piedmont (but not identified as such) was offered at auction in 1995.