100 Numbered bars were made 12 in Gold and 88 in Silver, all of them mark the weight and the number,the one for sale is the number 53/100, the bars were merged by the Santa Casa de Misericordia de Sao Paulo over time several bars were melted down and sold by weight, making those that were left very rare.
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This coin was on board the SS Republic when it sank in 1865 and spent decades underwater.
Because of this there is the shipwreck effect as noted by NGC.
SHIPWRECK EFFECT B — A coin showing evidence of light surface disturbance from immersion in saltwater. May have some areas of moderate disturbance, not affecting central design elements. Coin possesses above-average eye appeal for shipwreck recovery coin.
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Serial Number 561 of 1000 Framed $6000
Approximately 30 x 37
Serial Number 562 of 1000 Un-Framed $5800
Approximately 20 x 28 -
Sold
1140.4 oz 999 Silver Shipwreck Bar SS Gairsoppa HM Mint Bombay
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Sold
1860-O SS Republic Shipwreck Liberty Seated Half Dollar NGC Certified
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Recovered from the Spanish Shipwreck, Nuestra Señora de Atocha.
Coin: # 85A-167690
Denomination: 8 REALE
Mint: Potosi
Weight: 24
Grade: 1
Reign: Phillip III
Date: Shipwreck 1620