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<p>[QUOTE="Dafydd, post: 26135734, member: 86815"]I think a lot of assumptions are made about weight and texture because they are indicative of immersion and leaching of metals and erosion so its better to have some evidence such as an auditable COA. Some coins you can more or less assume they are from shipwrecks because so many were discovered at the same site making any other origin unlikely. The best example I can think of is the wreck of the EICS Admiral Gardner. Tens of thousands of East India Company 10 Cash coins were recovered that were being shipped in barrels. Although not 100% guaranteed it is likely that 99% of this coin and this date was salvaged from this wreck. I have seen them sell for as little as $5 and for as much as $800.</p><p>I paid $15 for this somewhat souvenir type display some years ago and there are always around 100 of these coins on Ebay. Probably the cheapest and easiest way to get into shipwreck coins from a historic wreck.</p><p>[ATTACH=full]1668203[/ATTACH] <i>[ATTACH=full]1668204[/ATTACH]</i> </p><p><br /></p><p>When you read Daniel Sedwick's Practical Book of Cobs he explains how coins wear dependent on how they were found so there are anomalies such as some cobs having one side badly worn where it faced the current and the other side in great condition because it was protected. Similarly you can get excellent and poor examples of the same coin because the excellent coins were in the middle of a hoard and not exposed. We see this in land found hoards also and they can be affected by soil conditions. I am sure with practice and exposure to coins you can get a pretty good idea from texture and appearance how environmental damage was caused. Attendance at coin shows is a must as you can be exposed to hundreds of coins, maybe not shipwreck coins at smaller shows, but certainly the larger shows. Most dealers are generous with their time with newbies as they are their future customers.</p><p>As for Red Herring defects I agree with you that many people hope or assume that a leached coin is a shipwreck coin and they are probably right because of the easily identified environmental damage but normally you wouldn't pay a premium for an assumption. The cachet of provenance makes them more interesting as researching the history of the ship and the circumstances of the sinking provide much of the enjoyment of collecting these artefacts.</p><p><br /></p><p>This is a precis of the EICS Admiral Gardner shipwreck.</p><p><br /></p><p>The EICS <i>Admiral Gardner</i> was a British East Indiaman that sank off the Goodwin Sands on January 24, 1809, during a voyage from India to the UK. The ship, carrying a valuable cargo of coins, tea, and spices, ran aground in severe weather, and despite the crew's efforts to prevent disaster, the vessel was overwhelmed by the storm. The ship’s captain, Samuel George, made the decision to abandon the ship, and most of the crew survived, though two men drowned.</p><p><br /></p><p>The <i>Admiral Gardner</i> was a well-regarded ship, and its sinking was a significant loss for the East India Company, both in terms of human life and cargo. The wreck remained largely untouched for nearly two decades until 1833, when it was rediscovered. A team of divers, led by Peter Smith, successfully recovered a substantial portion of the valuable cargo, including a remarkable cache of coins, which were in excellent condition due to the ship’s relatively shallow burial in the sand.[/QUOTE]</p><p><br /></p>
[QUOTE="Dafydd, post: 26135734, member: 86815"]I think a lot of assumptions are made about weight and texture because they are indicative of immersion and leaching of metals and erosion so its better to have some evidence such as an auditable COA. Some coins you can more or less assume they are from shipwrecks because so many were discovered at the same site making any other origin unlikely. The best example I can think of is the wreck of the EICS Admiral Gardner. Tens of thousands of East India Company 10 Cash coins were recovered that were being shipped in barrels. Although not 100% guaranteed it is likely that 99% of this coin and this date was salvaged from this wreck. I have seen them sell for as little as $5 and for as much as $800. I paid $15 for this somewhat souvenir type display some years ago and there are always around 100 of these coins on Ebay. Probably the cheapest and easiest way to get into shipwreck coins from a historic wreck. [ATTACH=full]1668203[/ATTACH] [I][ATTACH=full]1668204[/ATTACH][/I] When you read Daniel Sedwick's Practical Book of Cobs he explains how coins wear dependent on how they were found so there are anomalies such as some cobs having one side badly worn where it faced the current and the other side in great condition because it was protected. Similarly you can get excellent and poor examples of the same coin because the excellent coins were in the middle of a hoard and not exposed. We see this in land found hoards also and they can be affected by soil conditions. I am sure with practice and exposure to coins you can get a pretty good idea from texture and appearance how environmental damage was caused. Attendance at coin shows is a must as you can be exposed to hundreds of coins, maybe not shipwreck coins at smaller shows, but certainly the larger shows. Most dealers are generous with their time with newbies as they are their future customers. As for Red Herring defects I agree with you that many people hope or assume that a leached coin is a shipwreck coin and they are probably right because of the easily identified environmental damage but normally you wouldn't pay a premium for an assumption. The cachet of provenance makes them more interesting as researching the history of the ship and the circumstances of the sinking provide much of the enjoyment of collecting these artefacts. This is a precis of the EICS Admiral Gardner shipwreck. The EICS [I]Admiral Gardner[/I] was a British East Indiaman that sank off the Goodwin Sands on January 24, 1809, during a voyage from India to the UK. The ship, carrying a valuable cargo of coins, tea, and spices, ran aground in severe weather, and despite the crew's efforts to prevent disaster, the vessel was overwhelmed by the storm. The ship’s captain, Samuel George, made the decision to abandon the ship, and most of the crew survived, though two men drowned. The [I]Admiral Gardner[/I] was a well-regarded ship, and its sinking was a significant loss for the East India Company, both in terms of human life and cargo. The wreck remained largely untouched for nearly two decades until 1833, when it was rediscovered. A team of divers, led by Peter Smith, successfully recovered a substantial portion of the valuable cargo, including a remarkable cache of coins, which were in excellent condition due to the ship’s relatively shallow burial in the sand.[/QUOTE]
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