The first day with my Fujinon 300/5.6 in Copal #3 saw it fall off the front of my 100yo Century camera into a pond. Seems a Copal #3 releases 3 or 4 bubbles when submerged.
Since I was only minutes from home, I was able to get back to my shop (where I had just made the lenboard) and disassemble the shutter and both front and rear lens groups.
I was able to get the water off of everything before any permanent damage. It delivered about 15 years of service before needing another CLA.