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Hello and thanks for all your help...
I stopped at the coin collector #1 (ended up hitting two)...he was a man of few words. confirmed it was real, silver and 14K gold. That was just about all he said- shipwrecked coin..authentic...and runs about $300 retail.
I went to a second place that was much more friendly. This man said many of the same things...added it was 1R (nice job gentlemen--and ladies) and part of a 8-- 90% silver (as I guess most shipwreck coins are)...said it was in nice condion--not a super big peice....and gave me a guess a bit higher.
He could not tell me a year (uggg....) or the ship it may have come from. I was really wanting that info!
Any guesses?
So you all were right!

Thanks for the help!
50 "L"...78 USD?? Hoping for more...... I am sure you know your stuff--not second guessing-just hoping for more ...