![]() I did find this regarding the SS Republic: So it might be inflated or current value, I'm still trying to find out. It seems like about half of the gold mintage pre-1824. We are finding some amazing artifacts, but have not located the rest of the coins yet.“ reported Greg Stemm, Odyssey co-founder. We have recovered all the visible coins in that location and are now expanding the excavation into the surrounding areas. “The first cache of coins was lying in a tiny area that was laid open to us with no pieces of hull or decks obstructing the excavation. Odyssey is now searching for additional deposits of coins as the excavation continues. The face value of recovered coins represents 22.7% of the “$400,000 in specie“ (face value in 1865) that historical research indicates was on board the Republic when she sank. The Odyssey team has excavated about one third of the SS Republic shipwreck site. According to John Albanese, Numismatic Marketing Strategist for Odyssey, the retail value of coins recovered to date should exceed $75 million dollars. A detailed report on the coins recovered to date will be released shortly. Based on the pieces recovered thus far that have been professionally conserved by NCS and graded and encapsulated by NGC, this collection already includes over a dozen of the finest-known examples of United States gold coins from the period.ĥ1,212 coins have been recovered to date, including 2,620 $20 Double Eagles, 1,496 $10 Eagles, 47,094 Half Dollars and 2 quarters. Unlike other recent shipwreck finds, a wide variety of dates and mints have been noted in this find. Among the coins already recovered are numerous gold eagles, gold double eagles, silver half dollars and even a few quarters, nearly all dating between the 1840's and 1865. The archaeological excavation of the SS Republic shipwreck site and the recovery of coins are continuing. There will also be a vividly illustrated booklet describing the shipwreck's history a DVD video of the National Geographic Ultimate Explorer one hour program and a certificate of authenticity in each case. These coins will be the first available for sale and will be packaged in an impressive hardwood display case with an engraved SS Republic plate affixed to the cover. The second category includes handpicked ungraded shipwreck coins that have been conserved and encased in a certified tamper-resistant holder by Numismatic Conservation Services (NCS) and Numismatic Guaranty Corporation (NGC). These will be priced to relate to their numismatic value and will not be offered for sale until Odyssey has completed sufficient coin recovery on the shipwreck site to provide information regarding the total population of coins in the collection. The “numismatic collection“ contains coins that are indistinguishable from coins that have never been underwater. Coins from the SS Republic have been divided into two categories.
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