The Untold Story of the Loosdrecht Shipwreck (1719)

A handful of cobs recovered from the Loosdrecht shipwreck. These coins were part of the first collection in the WreckTreasure webshop.

Although escudos from the Loosdrecht have been circulating on the market for decades now, relatively little is known about the shipwreck of this Dutch East Indiaman that sank off the English coast in 1719. For this reason, Wreck Treasure has contacted Martin Woodward, the current salvor who has spent thousands of hours at the Loosdrecht wreck site, to delve into the history of this Dutch East Indiaman. This story will uncover new details about the long-forgotten shipwreck.

The history of the Loosdrecht begins in 1714 when it was built by the chamber of Amsterdam of the Dutch East India Company. This vessel was constructed for long-distance trade voyages to Asia. During its service, the Loosdrecht successfully completed two round-trip voyages to the former Dutch colony of Ceylon, currently known as Sri Lanka. On January 14, 1719, the ship departed from the Island of Texel on its third outbound voyage under the command of Captain Willem Dekker. Tragically, just a couple of days later, on January 21, 1719, the Loosdrecht ran aground on the Isle of Wight and sank. There is, unfortunately, not much information available about the wrecking itself and what happened to the crew, despite extensive archival research and consultations with museums.

What we do know about the shipwreck mainly comes from diver Martin Woodward. He discovered the wreck site in 1979/80 while diving near an already known wreck in the same area off the Isle of Wight. The identification of the Loosdrecht was possible due to the artifacts and cannons found, combined with thorough research. Since Martin’s discovery of the Loosdrecht, he excavated every bit of seabed in that location but was unable to find any signs of the merchant’s main treasures. This is why it can be concluded that they were recovered contemporaneously, which was only possible because the ship sank very close to shore.

Among the recovered artifacts were a very limited number of Spanish colonial escudos and reales, including a noteworthy but small group of rare Lima 8 escudos minted between 1715 and 1717. Unlike the escudos, the reales were generally not in good condition since they were dispersed across the wreck site and exposed to saltwater. Given that only a few coins were recovered, experts agree that they were once the personal and valuable possessions of crew members.

A slabbed 1/2 reales from the Loosdrecht shipwreck

As of today, the wreck site is scattered over a wide area, mostly buried in shingle, with only eroded iron cannons remaining to remind us of the once-impressive trading colossus. It is strongly believed that no artifacts remain on the seabed, as the site has been extensively excavated and thoroughly investigated. While the Loosdrecht shipwreck may no longer hold its treasures, its story, along with the recovered coins and artifacts, remains a fascinating chapter in both maritime and numismatic history.

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