Two suspects allegedly tried to sell missing, rare sunken treasure 1709 Lima eight Escudos.
Photo by Tony Gryckiewicz
Coordinated efforts by five dealers and a specialist collector at the recent Central States Numismatic Society convention near Chicago led to the recovery of a stolen sunken treasure gold coin and the arrests of two suspects who reportedly offered the coin for sale at the show on April 24, 2026.
The recovered coin is a 1715 Treasure Fleet 1709 Lima, Peru eight Escudos. The 1715 Treasure Fleet refers to the July 31, 1715, sinking of 11 Spanish galleons in a hurricane off the coast of Florida. The ships were sailing from the New World back to Spain, loaded with silver and gold coins and bars.
The rare gold coin recovered at the CSNS convention was part of that famous treasure and later pedigreed to the McGregor Collection. It was sold at auction in November 2025 for $40,500 (including buyer’s fee) by Sedwick & Associates in Winter Park, Florida.
Read the full article on Greysheet:
https://www.greysheet.com/news/story/dealers-recover-stolen-gold-coin-and-help-capture-suspects-at-csns-convention
