The imaging telescope on board the Transition Region and Coronal Explorer (
TRACE) spacecraft observed the decaying transversal oscillations of a Long
[(130 +/- 6) x 10(6) meters], thin [diameter (2.0 +/- 0.36) x 10(6) meters]
, bright coronal Loop in the 171 angstrom Fe-IX emission line. The oscillat
ions were excited by a solar flare in the adjacent active region. The decay
time of the oscillations is 14.5 +/- 2.7 minutes for an oscillation with a
frequency 3.90 +/- 0.13 millihertz, The coronal dissipation coefficient is
estimated to be eight to nine orders of magnitude Larger than the theoreti
cally predicted classical value. The larger dissipation coefficient may sol
ve existing difficulties with wave heating and reconnection theories.