Princess Louisa

English East India Company ship wrecked on the Maio reef in the Cape Verde islands with a heavy silver cargo for the India trade.

History

Princess Louisa was a 30-gun English East India Company ship on her fourth voyage, bound for Persia and Bombay, when she struck a reef off Maio in the Cape Verde archipelago on 18 April 1743. The wreck is well documented in East India Company shipping records; her cargo included twenty chests of Spanish and Spanish colonial silver coin, reported at some 69,760 ounces, intended for the silk and spice trade.

Recovery

The wreck lay undiscovered for over 250 years until a salvage operation recovered Spanish colonial silver coin from the site in 1998–1999 — decades later, and by a different party, than sometimes claimed. Recovered coinage is reported as chiefly Spanish colonial pillars-and-waves two-reales cobs.

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