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How much do SS Republic shipwreck coins go for?
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<p>[QUOTE="Vess1, post: 25296227, member: 13650"]If that 1855-O pictured above was a straight graded example in a low MS grade, it would be around $1200 range. So for the the condition most of the Republic coins come in (some look uncirculated and some are bad), they are the bargain deal. Granted, the "shipwreck affect" grade from the longterm saltwater exposure and whatever else, means it's technially an AU details, non-grade. But being attributed from the shipwreck brings the values back up.</p><p><br /></p><p> I believe their values to be loosely based on condition vs. each other. Some I've seen people want well into four figures. Sometimes they're a bargain. Sometimes one side looks like new and the other side is heavily corroded. Some survived much better than others.</p><p><br /></p><p> They're usually priced between $300 to $1k for your typical half dollar example. The story of the wreck is very interesting. I have read the book but as of now don't yet own any from the wreck. I have considered them on many occasions. </p><p> The ship was hauling coinage from New York to New Orleans immediately following the end of the Civil war and went down Oct. 25th, 1865 in a hurricane roughly 100 miles off the coast of GA. So any coins dated close to that from the wreck were barely circulated. Especially considering most people were hoarding gold and silver coins during the war.</p><p> Another common shipwreck hoard is from the El Cazador. These were graded with special labels from NGC as well, being different denomination Reales if you like those.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 25296227, member: 13650"]If that 1855-O pictured above was a straight graded example in a low MS grade, it would be around $1200 range. So for the the condition most of the Republic coins come in (some look uncirculated and some are bad), they are the bargain deal. Granted, the "shipwreck affect" grade from the longterm saltwater exposure and whatever else, means it's technially an AU details, non-grade. But being attributed from the shipwreck brings the values back up. I believe their values to be loosely based on condition vs. each other. Some I've seen people want well into four figures. Sometimes they're a bargain. Sometimes one side looks like new and the other side is heavily corroded. Some survived much better than others. They're usually priced between $300 to $1k for your typical half dollar example. The story of the wreck is very interesting. I have read the book but as of now don't yet own any from the wreck. I have considered them on many occasions. The ship was hauling coinage from New York to New Orleans immediately following the end of the Civil war and went down Oct. 25th, 1865 in a hurricane roughly 100 miles off the coast of GA. So any coins dated close to that from the wreck were barely circulated. Especially considering most people were hoarding gold and silver coins during the war. Another common shipwreck hoard is from the El Cazador. These were graded with special labels from NGC as well, being different denomination Reales if you like those.[/QUOTE]
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How much do SS Republic shipwreck coins go for?
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