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. On 20 October 1783 Charles III of Spain sent her on a mission to bring much-needed hard currency to the Spanish colony of Louisiana in order to stabilize the currency. The ship sailed to Veracruz, Mexico, where she was loaded with approximately 450,000 Spanish reales. 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