Shipwreck coins
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1860-O $375
8 reales from the Concepcion Shipwreck sank in 1641, 25.1 g. Offered in Superior Galleries May 30,1990. Copy of front page of catalog, page listed and price realized included. reduced $240 delivered
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USN & USAF retired 1971-1993
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do you still have the 8 reales?
With reference to the 1850 O half dollar: what does the term “Shipwreck Effect” mean?
SHIPWRECK EFFECT A — a coin exhibiting minimal surface disturbance from saltwater exposure, and exhibiting superior eye appeal for a shipwreck artifact.
SHIPWRECK EFFECT B — a coin showing evidence of light surface disturbance from immersion in saltwater, and may have some areas of moderate disturbance, not affecting central design elements. Coin possesses above-average eye appeal for shipwreck recovery coin.
SHIPWRECK EFFECT C — a coin displaying moderate disturbance to its surface from exposure to saltwater, while possessing at least average eye appeal for a recovery specimen. Accurate attribution and identification is not hindered by any surface impairment.
SHIPWRECK EFFECT D — a coin with moderate surface deterioration from saltwater exposure and with small areas of heavier disturbance, including corrosion confined to one side of the coin and/or its peripheries. Coin possesses at least average eye appeal for a shipwreck recovery artifact.
SHIPWRECK EFFECT E — a coin with heavy surface deterioration, but still possessing ample areas of moderate disturbance. Disturbance does not hinder assessment of its original condition and accurate attribution.
SHIPWRECK EFFECT — portions of the coin exhibit heavy to severe disturbance from saltwater exposure, with metal loss affecting the design. While accurate identification and attribution may be possible, it is no longer possible to draw conclusive determinations about the coin’s surface prior to saltwater exposure.
NGC Genuine Designation for Authenticated Shipwreck Coins
NGC Shipwreck Certification uses the term GENUINE to describe authentic shipwreck coins and artifacts with confirmed and documented origins. Recovered artifacts may be identified by attestation from the individuals who discovered the wreck, an independent archeological survey or other means. The assigned pedigree and authenticity of the wreck are subsequently confirmed independently by NGC experts. While often available, additional archaeological evidence is not necessary to support this designation.
1860-O $375