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Shipwreck effect

Glen2022Glen2022 Posts: 809 ✭✭✭✭

I have seen some seated liberties attributed to the SS New York with the term "shipwreck effect" on the NGC label. No numerical grade assigned. Some coins have pretty good surfaces/fields, some not to good, almost look like they have a bumpy surface. Can some one give me more information on the term Shipwreck effect? Thanks in advance.

Comments

  • ifthevamzarockinifthevamzarockin Posts: 8,009 ✭✭✭✭✭

    "Shipwreck Effect" is a term that sounds better to collectors than Conserved/Cleaned. ;)

  • JBKJBK Posts: 14,238 ✭✭✭✭✭

    Plus, they have PMD and many/most might not be eligible for slabbing if not for the special designation.

  • Namvet69Namvet69 Posts: 8,398 ✭✭✭✭✭

    What JBK said and the possible grade detail is cancelled out by the eroding effect of the deep blue sea. They made it into a holder because someone proved provenance. Peace Roy

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