FAQs

What makes a coin valuable?

Plus Icon

I have coins to sell, what’s the next step?

Plus Icon

How will my purchases be shipped?

Plus Icon

What happens if I’m not entirely happy with my purchase?

Plus Icon
FI22582

Victoria 1855 Sovereign AU58, ex RMS Douro Cargo

Regular price £1,750
Regular price Sale price £1,750

Victoria (1837-1901), gold Sovereign, 1855, second larger young filleted head left, W.W. incuse on truncation for engraver William Wyon, date below, Latin legend and toothed border surrounding, VICTORIA DEI GRATIA, rev. crowned quartered shield of arms, laurel wreath surrounding, emblems below, Latin legend and toothed border surrounding, BRITANNIARUM REGINA FID: DEF: (Bentley 72; Marsh 38; S.3852C). Toned with some surface marks and nicks, has been slabbed and graded by NGC as AU58 with Douro provenance, therefore has been to the bottom of the sea and back.

NGC Certification 1793993-177.

Calendar year mintage 8,448,482.

The Latin legends translates on obverse as "Victoria by the Grace of God," and on the reverse "Queen of the Britains, Defender of the Faith."

The Royal Mail Steamer Douro sank in 1,500 feet of water after colliding with the Spanish steamer Yrurac Bat at 4am on the 2ndApril 1882 in the Bay of Biscay off Cape Finisterre. The Douro built in 1865 was a popular choice of those first class passengers who liked to travel from South America to England via Portugal. The Douro was on the final leg of her journey en route to Southampton when tragedy struck. The Chief Officer had not noticed the light of the approaching Spanish ship until it was too late to take evasive action and the Yrurac Bat struck the Douro hard on the starboard area near the mainmast and rebounded, and as the engines were still running hard, she ploughed forward again striking the Douro a second time in the aft. The Yrurac Bat lost 30 men and all survivors of which the Douro's were mainly the women and the children, were picked up by the ship Hidalgo of Hull and landed at Corunna.

Moving forward 111 years the wreck was at last located in 1993 after marine researcher Nigel Pickford spent ten years researching the Douro, its cargo and whereabouts after being left a cryptic note by his Father dating back to 1949 merely saying "Douro, 1882, £53,000, Bay of Biscay." The Deepsea Worker Salvage team led by Sverker Hallstrom recovered much of the cargo culminating in what was the most valuable coin auction that Spink and Son had ever held as of 1996 with 1,713 lots of coins and artefacts from the ship. Some 28,000 Sovereigns were recovered from the wreck with a proportion appearing in the auction sale, the remainder gradually found their way into the market-place in the succeeding decade by private treaty. However the coin offered herewith is one of the few world coins that were formed a small proportion of the cargo and is one of the actual pieces from this ground-breaking auction sale. This coin is one of only 61 gold peca coins of Maria I from Brazil, 52 being of the Rio mint and this coin was only one of three dated 1789.

Provenance:

Ex Douro Cargo, from coins that were released to the market since the 1996 auction at Spink.

FAQs

What makes a coin valuable?

Plus Icon

I have coins to sell, what’s the next step?

Plus Icon

How will my purchases be shipped?

Plus Icon

What happens if I’m not entirely happy with my purchase?

Plus Icon
1 of 4