On 1 August 1993, during flooding of the Mississippi River, "Inaugural" broke loose from her moorings at the Gateway Arch. The ship suffered a breach in her hull, took on water, and rolled on her port side. She sank on the Missouri side of the river, half a mile south of the Poplar Street Bridge. She has since remained in that position, partially submerged. Plans to salvage the wreck in one piece and restore it were deemed unfeasible. The ship was determined a total loss. "Inaugural"s Landmark designation was withdrawn on 7 August 2001, because she had ceased to meet the criteria. In January 2013, the river dropped so low that one may walk up to the ship. Scrapping work was set to begin in January, but river levels rose again. She is still in the same location with a few pieces of metal missing from the start of scrapping. As of December 2014, she is still sitting where she came to rest and can be seen when the river is at or below average level.