T largest wreck on Loe Bar was the 1,894 ton full–rigger Chincas bound from Rio de Janiero with 3,000 tons of cannel coal. Bad weather first forced the ship into Cork for repairs. After repairs, the ship headed into a gale. The ship, now badly leaking, put about for Falmouth, but the gale veered and drove the Chingas into Mount's Bay. She scraped past Mullion and anchored off Loe Bar, but her cables soon parted and, at 5AM on 7 November 1859, she was in the surf. When the coast guard found her, the ship was broadside in the seas, dismasted, and driving slowly into the sands. The captain and crew waited for a wave to recede and then jumped into the sea to wade ashore but nine men were swept away and drowned.

As the tide ebbed, the bar was crowded with laborers, carts, horses and hundreds of spectators, as gear and stores were salvaged. Upon the return of the high tide the ship was overrun and only a year old, was shattered. Her cargo of cannel coal was eagerly grabbed up by the locals who did not realize the high burning qualities of the coal. Many a stove was burned out that winter. Coal from the wreck can still be found and still burns as brightly as ever.