Re: Artifact Preservation 101, "running coins"
The main advantage of electrolytic reduction is that it removes the salt chlorides from the metal and stabilizes the deterioration process (there are a number of additional steps that need to be done, esp. for artifacts)
I don't think nitric acid alone will do this-maybe just the surface corrosion.
When immersed in saltwater, silver turns to silver sulfide and iron turns to iron oxide (rust) and thus, the process that Capt. Dom illustrates with his pictures, electrolytic reduction, is the best way to thoroughly preserve the artifacts. This is how most of the professional conservators and museums do it.