1861-O Seated Liberty Half Dollar W-03. Louisiana Issue SS Republic NGC Shipwreck Effect. On October 3rd, 1865, the Steam Ship Republic went down in a hurricane. In 2003 the ship was discovered on the seabed off the coast of Savannah, Georgia. Our example is one of the most fascinating coins recovered. Struck in the New Orleans mint, which was in the hands of the Confederacy in 1861, it has all of the details of an Uncirculated piece, and the slightly porous surfaces that identify it as a shipwreck survivor. It’s a thrill just to hold this piece, struck by Confederate workers using captured dies. It is also a fascinating piece of nautical history. Buy the coin, then buy the book “Ship of Gold in the Deep Blue Sea.” Read the story of the discovery of the S. S. Republic, and the subsequent recovery efforts. Hold this coin in your hands. It will be one of the high points of your numismatic experiences.