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This 1859-O Seated Liberty Silver Half Dollar was recovered from the shipwreck of the SS Republic and has been certified by the Numismatic Guaranty Company (NGC) with a "Shipwreck Effect" designation (which indicates the surfaces were conserved after being submerged for nearly 140 years). This beauty was struck at the New Orleans Mint ("O" mintmark) in 90% silver. The SS Republic sank in October 1865 during a hurricane while traveling from New York to New Orleans with a cargo of gold and silver coins. The wreck was discovered in August 2003 at a depth of 1,700 feet by Odyssey Marine Exploration. Condition Note: The "Shipwreck Effect" label is used because the saltwater exposure typically alters the original mint luster, though this recovered masterpiece remains in high-detail condition! (181.420.2)