Buried Civil War History
During and just after the Civil War, in both the North and especially in the South, gold and silver coins were highly valued but extremely scarce. Rampant inflation, caused by both sides financing huge war costs through
the near-nonstop printing of paper fiat currency, resulted in the widespread hoarding of “hard money” – real gold and silver coins. At the end of the war, the South, for all practical purposes, was broke . . . its fiat paper money was worthless, its hard money virtually gone.
Accordingly, savvy bankers and businessmen from the North were shipping keg-loads of hard money – and especially silver coins – to the South to take ad- vantage of their inflated purchasing power. In fact, most coins shipped on the last fateful voyage of the Republic were U.S. Seated Liberty silver half-dollars.
Own a Piece of Civil War History
Silver coins can be adversely affected by salt water. Unless careful preventive steps are taken, long exposure to salt water can cause extensive corrosion and pitting. In the case of the silver coins recovered from the SS Republic shipwreck, however, great care was taken to ensure that the effects of their 140-year-long exposure to salt water was painstakingly minimized.
Each of the SS Republic silver half dollars offered here have been professionally conserved by Numismatic Conservation Services, a globally recognized leader in the field, and then certified and encapsulated by Numismatic Guaranty Corporation.
The result is a remarkably clear and stable finish on the silver coins. . . many look as bright and new as the day they were minted. These amazing and historically significant treasures from the Civil War era are sure to please any history buff, coin collector or investor.