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<p>[QUOTE=&quot;panzerman, post: 3010547, member: 77704&quot;]Here we are talking not about someone finding a hoard of 50-100 of this date in MS condition. Actual fact is there are 119,000 of them down on the ocean floor waiting to be recovered/ perhaps 20,000 are already curated/ cleaned up ready for sale. Anyone with a brain will know that if you saturate the market with that many examples the inflated past auctions prices will plummet and rightly so.&nbsp; past experiences prove this, when a Spanish wreck was salvaged off the coast of Uruguay, hundreds of mint state AV 8 Escudos of Fernando VI/ Chile/ 1751-So hit the coin market, prices dropped, big time. There are a lot of really rare coins/ less then 20 known that today sell for way less then a MS-65 1857-S Double Eagle.[/QUOTE]</p><p><br /></p>

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