December 28, 2022 Tyler Wilson That's a FAQ! A Shipwreck Coin? At the Pawnshop?! December 28, 2022 Tyler Wilson That's a FAQ! A shipwreck coin is just that - a coin that has been recovered from a shipwreck. Shipwrecks can occur for a variety of reasons, such as storms, navigational errors, or attacks by pirates or other vessels.