Shipwreck coins, silver and gold

Ships carried coins and precious metal across the sea, and sometimes they never arrived. This map holds 41 wrecks whose coin cargo or coin find is documented, with the find and the source given for each one. This is where the VOC coins, ducatons, silver riders and Spanish reales come from that still turn up at auction today.

Historische goudschat met gouden munten

Interactive map of shipwrecks

Kaart laden…

Why wreck provenance matters

Wreck coins tell a story about trade routes, the risks of the sea and the role of money in the past. A well documented provenance increases the historical value and prevents unfounded claims or forgeries.

Main categories of shipwrecks

Dutch East India Company ships

Ships of the Dutch East India Company carried large consignments of silver coin on the outward voyage, to buy goods in Asia. The coin cargo is documented for all 25 Dutch wrecks on this map, from the Kampen (1627) off the Isle of Wight to the Reijgersdaal (1747) off the Cape.

Coins commonly found:

  • Silver ducaton, known in the trade as a silver rider after the horseman on the obverse. The standard piece of the outward voyage: from the Merestein alone some 15,000 have been recovered.
  • Lion dollar, the export coin of the Dutch Republic. After the Kampen was relocated in 1979, around 8,000 lion dollars and reales came up.
  • Gold ducat, the international trade gold of the Dutch Republic. The Akerendam yielded 6,600 pieces of Utrecht 1724; before that find only a handful were known.
  • VOC duit, the copper small change for the Indies, carrying the mark of the chamber that struck it. The Bredenhof carried fourteen barrels of copper coin.
  • Silver bar with the VOC mark, cast for trading in Asia. The Rooswijk had thirty chests of them on board, alongside Mexican coin.

Spanish colonial

Fleets carrying silver and gold from the New World sailed to Europe by way of the Caribbean. Examples include Nuestra Señora de Atocha, the 1715 Fleet and Nuestra Señora de las Maravillas.

Coins commonly found:

  • Silver 8 reales, the Spanish dollar better known as a piece of eight. The most important trade coin in the world, and for that reason aboard VOC ships too: the Company bought Asian goods with it.
  • Gold escudo, struck in denominations from 1 to 8. Along Florida's Treasure Coast they still wash ashore after heavy storms.
  • Silver and gold bars from Potosí and Mexico, carrying assay marks and casting numbers. Those marks are what tie a bar to a specific cargo.

Antiquity

Few wrecks from antiquity have produced a real coin find. The Antikythera wreck yielded thirty-six silver cistophoric tetradrachms in 1976, thirty-two from Pergamon and four from Ephesus; the Kyrenia ship seven bronze coins. Few pieces, but enough to date both ships.

Do you recognise one of these coins?

Wreck coins surface more often than people think: from an estate, at a fair or with a detector. Send a photo of the obverse and the reverse and our numismatists will work out which piece it is and what the provenance means for its value.

Request a free appraisal

Well known wrecks and their finds

What to look for in wreck coins

Provenance and documentation

Look for publications, salvage reports and earlier auction records. A clear paper trail strengthens confidence.

Conservation

Salt water causes crystallisation and corrosion. A stable, controlled storage environment is important.

Marks and stamps

Silver and gold bars often carry hallmarks or maker's marks. These help link a piece to a specific cargo or route.

Legal status

Some wrecks are protected. Trade should always respect legislation and cultural heritage.

How Schulman can help

You are welcome to visit our team in Amsterdam's Museum Quarter for advice.

Would you like to sell coins or a collection?

Please feel free to contact us for an initial indication, or schedule an appointment for a personal appraisal in Amsterdam.

Are wreck coins always rarer than land finds?

Not necessarily. Rarity depends on circulation, preserved numbers and demand. The origin does provide an extra historical dimension

How do I recognize wreck patina?

Saltwater often causes matt, porous surfaces and sometimes clumping. Assessment is best done on a per-copy basis.

Can I sell without proof of origin?

Usually yes. For most wreck coins a paper trail is not a legal requirement, but it does raise what buyers will pay. Coins from protected wreck sites are a different matter: there we establish the legal status with you first.
Seventeenth-century silver medal with a rider on horseback
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