The Vigo Bay Treasure Company stock certificates is one of the all time classics
Fairfax, Virginia (PRWEB) December 07, 2016
Scripophily.com is offering a an historic uncancelled stock certificate from the Vigo Bay Treasure Company issued in 1886. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of a steam engine sailing ship at sea and is over 130 years old. There is also an embossed corporate seal with the company's name and the place of incorporation - Camden, New Jersey. This item also has the hand signatures of the Company’s President ( Chas. F. Pike ) and Treasurer ( Chas. Thomas ).
The Vigo Bay Treasure Company purpose was to find the treasure in the harbor of Vigo, Spain from the famous battle of 1702 known as the battle of Rande. The Spanish Treasure fleet of 1702 sailed from Havana in Cuba on 24th July to return home to Cadiz with a particularly large remittance of silver, part of it to refill the coffers of Philip V of Spain. The fleet was well protected by both Spanish warships (under Manuel de Velasco) and French warships (under Francois Louis de Rousselet Chateau-Renault). As the fleet approached Spanish waters, Velasco sent a fast Spanish ship to Seville to warn the authorities of the approach of the plate fleet.
One of the captured Spanish ships, 'Tauro', was brought back to England and it is said that her cargo (then) was worth £200,000 with the total amount retrieved from the battle being some 4504 lbs of silver or £1,000,000 in total but the greater part of cargo had been off-loaded before the attack. One of the ships being brought back to England as a prize, 'Santo Cristo De Maracaibo' struck a rock just after leaving Vigo and her cargo has never been recovered.
This was a terrible defeat for Spain. 2,000 men from the Hispano-French Squad and 800 from the Anglo-Dutch lost their lives in San Simon's inlet. Much of the treasure was captured, but much was alleged to have been sunk, and The Vigo Bay Treasure Company was an attempt at the recovery. In the book "20,000 leagues under the sea" by Jules Verne, the Vigo Bay Treasure is mentioned and Verne personally visited Vigo to research the subject.
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