$350.00
This coin was on board the SS Republic when it sank in 1865 and spent decades underwater.
Because of this there is the shipwreck effect as noted by NGC.
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.
The SS Republic was a Civil War-era side-wheel steamship operating between New York and New Orleans when it was lost in a hurricane on October 25, 1865. The ship contained a fortune in gold and silver coins meant to assist in the rebuilding of New Orleans after the Civil War. Discovered in 2003 off the Georgia/South Carolina coast. Authenticated and Graded by NGC.
