Wednesday, March 30, 2005


SS Republic Gold Coin Population Report Released

March 28, 2005

TAMPA, FL--Odyssey Marine Exploration, Inc. announced today that Numismatic Conservation Services (NCS) has completed the conservation process and Numismatic Guaranty Corporation (NGC) has completed the grading process on all gold coins recovered to date from the SS Republic shipwreck site.

A population report detailing the denomination, mint marks and grades of these gold coins is now available on the NGC website or on the Odyssey website. A population report detailing the silver coins recovered to date will be released at a later date.

The SS Republic was a paddlewheel steamer that sank during a hurricane in 1865 while en route from New York to New Orleans with post-war supplies and currency. Odyssey Marine Exploration discovered the shipwreck in August of 2003 nearly 1700 feet below the surface of the Atlantic. To date, more than 51,000 gold and silver coins have been recovered, including $20.00 Double Eagles, $10.00 Eagles, Half Dollars and a few Quarter Dollars.

NCS and NGC were awarded the exclusive contract to perform conservation, grading and encapsulation of the SS Republic shipwreck coins. NCS and NGC combined are a complete numismatic service organization: NCS is the only professional conservation service specializing in coins and other numismatic items, while NGC is the largest independent coin grading service in the world, having certified more than ten million collectable coins. NCS and NGC are the American Numismatic Association's (ANA) official conservation and grading services.


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