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<p>[QUOTE="GoldEagle, post: 10054, member: 950"]I did a search and did not find a discussion of this topic so here goes...</p><p><br /></p><p>Recently, the coins from the SS Republic shipwreck were made available for purchase to the public. They are not exactly inexpensive to put it mildly...The least expensive coin I've seen so far, an 1858-O Seated Half, certified by NGC, sells for around a thousand dollars. </p><p><br /></p><p>I discussed this with the local dealer here in town today and his opinion is that it is insane to pay that amount for these coins. I can't disagree with that but, I must ask...</p><p><br /></p><p><b>Will these coins eventually become more reasonably priced or will they continue to increase in value as the supply becomes more scarce?</b></p><p><br /></p><p>I know that no one has a crystal ball and can accurately foresee what is going to happen but I would enjoy reading some of your opinions regarding these coins.</p><p><br /></p><p>The fact that these coins were retrieved from a shipwreck in 1865, 100 miles off of the Georgia coast is fascinating to me, but, $1000 dollars, for a single coin is somewhat steep. I can't go for that. No can do.</p><p><br /></p><p>Thanks for your thoughts.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldEagle, post: 10054, member: 950"]I did a search and did not find a discussion of this topic so here goes... Recently, the coins from the SS Republic shipwreck were made available for purchase to the public. They are not exactly inexpensive to put it mildly...The least expensive coin I've seen so far, an 1858-O Seated Half, certified by NGC, sells for around a thousand dollars. I discussed this with the local dealer here in town today and his opinion is that it is insane to pay that amount for these coins. I can't disagree with that but, I must ask... [b]Will these coins eventually become more reasonably priced or will they continue to increase in value as the supply becomes more scarce?[/b] I know that no one has a crystal ball and can accurately foresee what is going to happen but I would enjoy reading some of your opinions regarding these coins. The fact that these coins were retrieved from a shipwreck in 1865, 100 miles off of the Georgia coast is fascinating to me, but, $1000 dollars, for a single coin is somewhat steep. I can't go for that. No can do. Thanks for your thoughts.[/QUOTE]
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