Home U.S. Coin Forum

coin "conservation"

Lat night on PBS there was a show about the SS Republic and the hoard of gold and silver coins recovered from the wreck. They spoke of conservation of some of the silver coins and the difference in prices. What is condsidered "conservation"?
Molon Labe

Comments

  • In this case lifting all the sea crude off the coins surface and neutralizing any active deterioration of the coin as well. NCS did a bunch of these I believe and Global slabbed them. Or was that the Andoria?



    Jerry

    ---For Global it was the SS. Central America--- Why don't people use Global Certification? You can't tell me Jeff Garrett doesn't know what he is doing.



  • RussRuss Posts: 48,514 ✭✭✭


    << <i>What is condsidered "conservation"? >>



    It's a special thing called Shipwreck Effect™ that makes junky coins worth lots of money.

    Russ, NCNE
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    Going from the top to the bottom:

    image
    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • Some of the coins were from the New Orleans mint and were dated 1865 and earlier. One of the silver dollars looked mint fresh but the ship was headed to N.O. not from there. He spoke of a grain of sand changing a coins value from $10,000.00 down to $500.00. I was drooling when they showed a 1865 $10.00 gold peice. Way out of my budget but pretty to look at.
    Molon Labe
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    Most of the coins are pitted from long exposure to salt water. That's why they're slabbed but not graded.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • BillJonesBillJones Posts: 34,841 ✭✭✭✭✭
    Beware of their brand of conservation. When the first SS Republic coins came to market, I the opportunity to sell a few 1857-S double eagles that came from the wreck. Toward end of the run that I had a chance to handle, I noticed that some of the coins were developing copper stains. About a year and half ago I saw an 1857-S double eagle at a Florida show that a dealer had just purchased. It was in the usual PCGS gold label holder and even had the book with it. The coin was covered with really ugly copper stains and looked awful.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file