Rare Confederate Coin from SS Republic Shipwreck

💰The Confederate coin was minted in New Orleans during the Civil War and was recovered from the SS Republic Shipwreck.

🏴‍☠️The SS Republic was a revolutionary ship and sank during a hurricane while carrying Confederate coins back to New Orleans.

🔍The coin has corrosion due to being submerged in saltwater, but it adds to its historical value.

🤝The seller initially wanted at least $800 for the coin but agreed to a price of $400 in the end.

😎The buyer purchased the coin at $600, which is considered a good deal considering its historical significance.

What is the history of the Confederate coin?

—The coin was minted in New Orleans during the Civil War and recovered from the SS Republic Shipwreck in 2003. It was used as hard money by the Confederates.

Why does the coin have corrosion?

—The coin was submerged in saltwater for a long time, which caused corrosion. However, the corrosion adds to its historical value.

What was the original price the seller wanted?

—The seller initially wanted at least $800 for the coin.

What price did the buyer ultimately pay?

—The buyer purchased the coin at $600, which is considered a good deal.

What is the significance of the SS Republic Shipwreck?

—The SS Republic was a revolutionary ship and sank during a hurricane while carrying valuable cargo, including Confederate coins.

00:00The video introduces a Confederate coin from the SS Republic Shipwreck.

00:44The coin was minted in New Orleans during the Civil War and recovered in 2003.

01:56The SS Republic was a revolutionary ship that sank during a hurricane while carrying Confederate coins.

04:46The coin has corrosion due to being submerged in saltwater, adding to its historical value.

06:15The seller initially wanted at least $800 for the coin.

06:38The buyer purchased the coin at $600, which is considered a good deal.