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<p>[QUOTE=&quot;Publius2, post: 8208441, member: 105571&quot;]OK, just to be ultra technical about it, NGC&#039;s list of details designations does not include &quot;Shipwreck Effect&quot;, a term I could find nowhere on NGC&#039;s website.&nbsp; It does include the following:</p><p><br /></p><p><b>SEA SALVAGED</b> - Coins recovered from the sea that are unreadable due to unsuitable storage containers, extreme heat and humidity, and/or atmospheric pollutants or saltwater.</p><p><br /></p><p>Now, I know that many if not most recovered coins that are conserved are readable.&nbsp; I also know that the coin in question here has not received either a numeric or adjectival grade.&nbsp; So, the coin in question is not in a details holder by NGCs definitions.&nbsp; <i>Ipso facto</i>, &quot;Shipwreck Effect&quot; does not mean &quot;details&quot; although I am happy to concede that we all interpret the phrase to mean just that.</p><p><br /></p><p>I am also happy to admit the possibility that NGC INTENDS for &quot;Shipwreck Effect&quot; to be taken as meaning &quot;details&quot;.&nbsp; But where do they say that?</p><p><br /></p><p>And yes, I am not ignorant of the many beautiful coins from numerous wrecks.&nbsp; I&#039;ve seen many of them at shows not to mention in internet auctions.[/QUOTE]</p><p><br /></p>

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