I may be wrong, but I believe that when JPEGs which contain an embedded thumbnail are viewed in Windows Explorer, it's the embedded thumbnail that is displayed (and used to generate the thumbs.db file), not the main image itself.
So if you have JPEG files that are partly corrupted, but it's only portions of the main image data that are corrupted and not the embedded thumbnail, then you can have this situation where the thumbnail displays fine in Explorer, but the image is corrupted when opened in Image Editing software.
This site claims that many corrupted JPEG files can be fixed:
So if you have JPEG files that are partly corrupted, but it's only portions of the main image data that are corrupted and not the embedded thumbnail, then you can have this situation where the thumbnail displays fine in Explorer, but the image is corrupted when opened in Image Editing software.
This site claims that many corrupted JPEG files can be fixed:
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