RE: Shipwreck Silver of the SS Japan: 1874 CC American Trade Dollar
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You've got some history in your hands. And that quote by Sherlock Holmes is a best fit.
Usually, salt water erodes silver and other metals harshly, in some cases leaves small erosion scales on the surface, which I don't see on those coins. The black spots are due to oxidation process, if kept in a humid space unprotected, such marks appearance is common.
Anyway, they are silver and verified, so keep stacking up and above. :D
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Even with my untrained eye that this coin have some cleaning performed by the original finder. 😩
I can understand the effects of corrosion as in this excerpt discussed among Ben's colleges...
My coin specimen is 25.85g compared to the original 27.2g so there is a marked loss in weight. I also have two coins from the El Cazador ship wreck and the leaching traits have some similarities.
The discussion also mentions comparability with coins from the El Cazador too.
I appreciate the comment @emaxisonline 👍
I agree on the cleaning performed, specially the rim looks very choppy, it felt like the coin has lost some weight due to untrained cleaning, also I see a bit of hammering on sides.
Silver is indeed less conductive than copper, so maybe it had survived harsh conditions being packed in a water-tight chest.
It is as precious as it was no doubt.