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From Wikipedia: "The El Cazador (meaning The Hunter in English) was a Spanish brig that sank in the Gulf of Mexico in 1784. In the 1770s the Spanish Louisiana Territory’s economy was faltering due to paper money that was not backed by silver or gold. Carlos III, King of Spain, decided to replace the worthless currency with valuable Spanish silver coins.[1] On 20 October 1783 The ship sailed to Veracruz, Mexico, where she was loaded with approximately 450,000 Spanish reales.[2] To be more precise, she was loaded with silver Spanish coins, mostly 8 reales, “Pieces of Eight,” It carried 400,000 silver pesos and another 50,000 pesos worth of smaller change, of various dates. At one ounce to the peso, and 12 troy ounces to the pound, that's 37,500 pounds of silver.[1] King Carlos III enlisted his most trusted captain, Gabriel de Campos y Pineda, to command the ship.[3] On 11 January 1784, she sailed for New Orleans, and was never heard from again.[4][5] Spain’s attempts to locate the ship were unsuccessful and in June 1784, El Cazador was officially listed as missing at sea.[3]"
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