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SS Republic Gives Up First 1,700 Gold Coins

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    PlacidPlacid Posts: 11,299 ✭✭✭
    People are honest. I belive everything they say.
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    The sea she is an unforgiving sort.......... This is what my father taught me. (my father a 23 year navy man). She does as she will, some will live some will die. She will take metal back to her womb. Some she will leave be.


    Who knows. But she.

    Dave
    In Laurel
    MD
    Dave
    In Laurel
    MD

    Just a fist full of Dollars
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    tradedollarnuttradedollarnut Posts: 20,656 ✭✭✭✭✭
    Hmmm - if the silver halves were in tightly wrapped rolls that kept the edges of the coins held together long enough until the encrustations took over, couldn't the sea water damage be limited to the reeded edge?

    Mighty big 'if', but theoretically possible....
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    CoinosaurusCoinosaurus Posts: 9,654 ✭✭✭✭✭
    Lemme get this straight.....silver in every wreck in history gets corroded and this one doesn't???? Hard to believe.....
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    BladeBlade Posts: 1,744
    Maybe they were in a safe or another container?
    Tom

    NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.

    Type collector since 1981
    Current focus 1855 date type set
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    PlacidPlacid Posts: 11,299 ✭✭✭
    I might be wrong but I think the salinity and ph of ocean water varies from location to location and depth.
    Any marine biologists here?


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    KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭
    ABC national news just did a story on this and stated that there may be as many as 20,000 gold and silver coins with payoff of up to $100 million. If this doesn't inject further interest in this hobby, I don't know what else willimage
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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    ABC national news just did a story on this and stated that there may be as many as 20,000 gold and silver coins with payoff of up to $100 million. If this doesn't inject further interest in this hobby, I don't know what else will

    Maybe Suze Orman will hype the gold on her show. That should help, too. image

    Disclosure: Long OMR
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    Rumor, and this is strictly rumor, has it that some of the silver coins may have been in mason jars, you know the kind used in canning veggie. Sounds possible, although I'm not quite sure when the mason jar was invented.

    Even if they weren't in mason jars, I now believe that some sort of air-tight container may have helped preserve these coins.

    Mason jars or not, I think finding GEM silver coins is very exciting and I believe the market will absorb them VERY quickly with only minor price disruption.

    njcoincrank
    www.numismaticamericana.com
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    orevilleoreville Posts: 12,310 ✭✭✭✭✭
    Hmmm, no trade dollars in this hoard for TDN?
    A Collectors Universe poster since 1997!

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