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XF-Details 1855-O Half Dollar (Shipwreck Effects), NGC Blue Core, SS Republic wreck
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<p>[QUOTE="Sallent, post: 26025089, member: 76194"]I had no idea that this was probably the beginning of "shipwrecked coins" as a thing until I started to read old threads from 2004.</p><p><br /></p><p>What a blast. People declaring that they would never accept that term, that these coins should have been body bagged or tossed away, had no one in their right mind would ever buy a coin that was corroded, or how NGC was trying to con the community by selling environmentally damaged coins with a fake label.</p><p><br /></p><p>And then you pass forward to today, shipwrecked coins are popular, there is a market for them, the term is accepted, and no one launches into an essay-long rant about them. </p><p><br /></p><p>Don't get me wrong, I would never pay problem-free prices for a salt water corroded coin from a wreck, but at the right price they can be kind of cool. And enough people seem to think so because there is a market for encapsulated coins from old ship wrecks.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 26025089, member: 76194"]I had no idea that this was probably the beginning of "shipwrecked coins" as a thing until I started to read old threads from 2004. What a blast. People declaring that they would never accept that term, that these coins should have been body bagged or tossed away, had no one in their right mind would ever buy a coin that was corroded, or how NGC was trying to con the community by selling environmentally damaged coins with a fake label. And then you pass forward to today, shipwrecked coins are popular, there is a market for them, the term is accepted, and no one launches into an essay-long rant about them. Don't get me wrong, I would never pay problem-free prices for a salt water corroded coin from a wreck, but at the right price they can be kind of cool. And enough people seem to think so because there is a market for encapsulated coins from old ship wrecks.[/QUOTE]
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XF-Details 1855-O Half Dollar (Shipwreck Effects), NGC Blue Core, SS Republic wreck
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