General Sect Leader smiled. He wasn’t particularly interested in these few silver coins. They were definitely genuine, but they were worthless based on their condition.
The condition and preservation state of Spanish pillar silver coins directly affect their value. Well-preserved ones can be worth between $1,500 to $2,000, and even up to tens of thousands of dollars as collector’s items.
If it were the Horn Coins sold to Madison by the General Sect Leader, just one could be worth several million dollars.
However, such historically significant silver coins are hard to co by. Among tens of thousands of coins, even if many are in poor condition, there should still be so rare ones in good condition.
Those in front of us are considered to be in average condition, with markings or damage, which greatly reduces their value, usually ranging from a few dollars to dozens of dollars. But they are still worth more than the US dollar.
The actual value of hundreds of thousands of silver coins, even if half of them are worn and worthless, as long as there is a small percentage that is well-preserved, the total value could easily exceed $500 million!
The reason it wouldn’t surpass a billion dollars is mainly due to currency inflation. If a large number of Spanish silver coins flood the market, even those that were originally valuable would lose their value.
As for those tens of thousands of gold coins, they are incredibly valuable.
Gold coins from the mid-18th to mid-19th century, with diaters ranging from 2.0 to 4.0 centiters, thicknesses between 0.1 to 0.2 centiters, and individual weights from 3 to 26 grams, with most of them weighing more than 8 grams.
Even sold purely for their gold content, they could easily be worth hundreds of millions of dollars!
The actual value of this shipwreck treasure is conservatively estimated at at least $1 billion.
Although the value of these Spanish silver and gold coins is well-recognized, it’s useless if people can’t find where the treasure is.
Many people know that the Fed’s vaults have large gold reserves, Colonel had left behind a massive arsenal before his death, and the dellin Group had tens of billions in illicit funds, enough to dig holes all over to bury.
But can those treasure hunters get their hands on those things? Not a bit! Because they simply can’t find them.
Allen Zhang, along with Old Jack, continued to explore the rainforest of Silver Island, occasionally finding a few Spanish silver coins of average condition.
However, the primary purpose was to scout and take photographs. The two of them stopped and started, arriving at an anchor point area, a huge shrub and swamp area, where Allen Zhang tried using detection equipnt to no avail.
"It seems like no one has been here," said Allen Zhang, sowhat surprised.
Perhaps the Spanish silver coins were buried deep under the swamp, which made them difficult to retrieve.
Drain the water, dig through the mud, and surely there will be silver coins underneath.
"It’s because of the crocodiles!" Old Jack, peering intently, spotted a creature lurking motionless in the swamp mud.
"Don’t move!" The General Sect Leader was about to say sothing when Old Jack raised his hand to stop him.
Old Jack, with a steady gaze, put down the detection equipnt in his hand, rolled up his sleeves, unbuckled his belt, pulled it out, and tiptoed closer.
Allen Zhang looked on with apprehension and imdiately advised, "What are you trying to do? Take on the crocodile alone? I advise against recklessness! It has Blood Fury!"
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