If these start turning up on more and more sets, I wonder what it will do to the prices on unopened boxes. I mean, who would want to keep them and who would want to take them back if you bought/sold a unopened box and some of the sets were milk spotted.
Collecting coins, medals and currency featuring "The Sower"
A year ago I saw some 1995-W coins for sale at David Lawrence in PCGS slabs. The kicker was that it was hard to see the coin because the spotting was so bad. They were not selling at a discount. I think at the time $4,500.
1) The coins are raw and milk-spotted so people saying "I keep them raw to reduce chance of milk-spotting" better be careful...it isn't all about the slabs but likely about the storage environment
2) Whoever wins the set shouldn't return them because of the milkspots...they are readily visible.
3) It may already be trading at a discount because of the milk-spots....we've seen open sets sell for more recently
4) I wouldn't want it for that price unless I thought the RP was a $500 coin
He is selling them on eBay . . . with 'standard' (for an ASE) problems visible. Frankly, if I opened my 10 and found them spotted, I'd probably try eBay as well. Do we expect him to
a. Insist on a maximum bid of no more than $200 due to the spotting? b. Melt them for fear of a return or neg from a purchaser? c. Hold them for his grandkids to get spot + $2.00 around 2035 from a low-ball dealer?
But definitely . . . I would be careful buying if you were looking for pristine specimens.
Milk spots on the MS.. too bad... I lean towards Bochi's explanation, storage - that being said, I think there is a 'root cause' that allows the storage conditions to cause the manifestation of the phenomena... Cheers, RickO
For this particular set the 20th anniversary I do not think the spots are a big deal. As far as we at CU go, we all know that they are either going to happen, or have the possibility of happening. It is STILL a 20th anniversary set.
I do not know if it will help but I removed the 3 coins from the original box, put each in a Intercept Shield, then into another box with a aluminum canister of silica gel from Jakes then stored the original box and COA in a safe place. Regards
Ronn
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<< <i>I thought that if you have a raw unc, and dip it into acetone and rinse it will not develop spots.??????? >>
This is one theory we have not seen proven either way. Word of mouth on these boards is this works and I don't see any reason why it would not. >>
The milk spotting seems to come from the rinse the mint uses on the planchets. It has been stated that if a non-milkspotted ASE gets dipped, prior to being sent in for slabbing, the surfaces get stabilized and the milkspots are avoided (or, at least deferred to an unknown time).
However, since there is no proof of that, PCGS will still not give MS70 status to the coins.
Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them?
<< <i>Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>
I would pay them for their effort if they would grade the coin a 70 after they dip it. >>
I doubt that milk spots can be removed by dipping. They are embedded into the surface by the striking process and shouldn't be confused with toning which occurs after striking.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>
I would pay them for their effort if they would grade the coin a 70 after they dip it. >>
I doubt that milk spots can be removed by dipping. They are embedded into the surface by the striking process and shouldn't be confused with toning which occurs after striking. >>
The statement was for doing this before the milk spots occur. Your statement is most likely true especially for the mint state coins but PCGS claims they can remove minor milk spots from proofs now.
I found milk spots and white streaking on the silver coins in mint packaged mint sets from 59-63. They were like that when I bought them a few years ago. I should have looked at under better lighting.
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Edited: I guess I should check my set from time to time.
look like milk spots to me.
maybe these coins should come with warning labels :-)
<< <i>Wow, I guess spots are market acceptable
A year ago I saw some 1995-W coins for sale at David Lawrence in PCGS slabs. The kicker was that it was hard to see the coin because the spotting was so bad. They were not selling at a discount. I think at the time $4,500.
2) Whoever wins the set shouldn't return them because of the milkspots...they are readily visible.
3) It may already be trading at a discount because of the milk-spots....we've seen open sets sell for more recently
4) I wouldn't want it for that price unless I thought the RP was a $500 coin
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Chance favors the prepared mind.
a. Insist on a maximum bid of no more than $200 due to the spotting?
b. Melt them for fear of a return or neg from a purchaser?
c. Hold them for his grandkids to get spot + $2.00 around 2035 from a low-ball dealer?
But definitely . . . I would be careful buying if you were looking for pristine specimens.
Drunner
Sorry JD.
Regards
Ronn
<< <i>I thought that if you have a raw unc, and dip it into acetone and rinse it will not develop spots.??????? >>
This is one theory we have not seen proven either way. Word of mouth on these boards is this works and I don't see any reason why it would not.
<< <i>
<< <i>I thought that if you have a raw unc, and dip it into acetone and rinse it will not develop spots.??????? >>
This is one theory we have not seen proven either way. Word of mouth on these boards is this works and I don't see any reason why it would not. >>
The milk spotting seems to come from the rinse the mint uses on the planchets.
It has been stated that if a non-milkspotted ASE gets dipped, prior to being sent in for slabbing, the surfaces get stabilized and the milkspots are avoided (or, at least deferred to an unknown time).
However, since there is no proof of that, PCGS will still not give MS70 status to the coins.
Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Hoard the keys.
<< <i>Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>
I would pay them for their effort if they would grade the coin a 70 after they dip it.
<< <i>
<< <i>Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>
I would pay them for their effort if they would grade the coin a 70 after they dip it. >>
and probably need a disclaimer from PCGS, too, but i'd be in as well
<< <i>
<< <i>Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>
I would pay them for their effort if they would grade the coin a 70 after they dip it. >>
I doubt that milk spots can be removed by dipping. They are embedded into the surface by the striking process and shouldn't be confused with toning which occurs after striking.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>
<< <i>Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>
I would pay them for their effort if they would grade the coin a 70 after they dip it. >>
I doubt that milk spots can be removed by dipping. They are embedded into the surface by the striking process and shouldn't be confused with toning which occurs after striking. >>
The statement was for doing this before the milk spots occur. Your statement is most likely true especially for the mint state coins but PCGS claims they can remove minor milk spots from proofs now.