Wooden chests held perhaps more than half a million Spanish silver pesos, 500 heavy bars of gold and thick ingots of silver, which were stamped with the initials of the master assayers at New World refineries, rubies, emeralds, diamonds and pearls by the hundreds, and heavy pieces of jewelry set with precious stones. The fabled cargo of the Merchant Royal, lost when the leaking ship went down on a stormy September night in 1641, sits amid the ruins of the ship’s hull, scattered cannon, and the precious artifacts of a forgotten age – until the day when at last marine archaeologists finally uncover this treasure trove of knowledge and riches. One of the richest and most sought-after shipwreck treasures still waits to be discovered on the seafloor, somewhere near the mouth of the English Channel. There is also testimony in an Odyessy case regarding this vessel. Captain Limbrey and 40 of his crew got away in boats and were picked up by Dover Merchant." The Merchant Royal went on leaking after she and her sister-ship left Cadiz and, when the pumps broke down, she sank off Land's End in rough weather on 23 September 1641.Įighteen men drowned in the sinking. He volunteered to carry the treasure to Antwerp on his way home. When a Spanish ship in Cadiz at the same time caught fire just before she was due to carry treasure to convert into pay for Spain's 30,000 soldiers in Flanders, the Merchant Royal's Captain Limbrey saw his chance to make a little more cash for his owners. By all accounts she was leaking badly after her long voyage. The Merchant Royal and her sister-ship, the Dover Merchant, called into Cadiz on their way home to London. England was at peace with Spain at this time. The Merchant Royal spent three years trading with Spanish colonies in the West Indies from 1637 to 1640. On board were at least 100,000 pounds in gold (20 million in today's money), 400 bars of Mexican silver (another 1 million) and nearly 500,000 pieces of eight and other coins, making it one of the most valuable wrecks of all times. "The Merchant Royal was a 17th century English merchant ship lost at sea off Land's End, Cornwall in rough weather on 23 September 1641.
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