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ASE milk spots -- I got 'em on my RP70! Help!

AkbeezAkbeez Posts: 2,697 ✭✭✭✭✭
in U.S. Coin Forum
Horrors of horrors. Upon recent inspection, one of my beloved Rev Proof PCGS PR70s has developed a bad case of the spots. I've heard PCGS will warranty these, can someone explain what that means, and if it applies to coins resold to others (non-PCGS members).

ARG...
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS

Comments

  • BECOKABECOKA Posts: 16,961 ✭✭✭
    They will compensate whoever owns the coin, member or not. Although a member has to submit it.

    Note the compensation is a bit less than market. But you also get the coin back without the slab so you have some bullion value as well.
  • MeltdownMeltdown Posts: 8,969 ✭✭✭✭✭
    RP PCGS 70 as bullion !?
    image

    Click on this link to see my ebay listings.

  • robkoolrobkool Posts: 5,934 ✭✭✭✭✭


    << <i>RP PCGS 70 as bullion !?
    image >>


    KOOL !!! Can I get a roll of these ??? image
    Ebay items for sale Current BIN's / The Kingdom Collection
  • homerunhallhomerunhall Posts: 2,496 ✭✭✭

    Send it back under guarantee resubmission and we'll take care of you.

    hrh

  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>RP PCGS 70 as bullion !?
    image >>



    OK maybe there is a market for milky reverse proofs. image
  • stev32kstev32k Posts: 2,098 ✭✭✭


    << <i>Send it back under guarantee resubmission and we'll take care of you.

    hrh >>



    Do you guys know what causes the spots and can anything be done to remove them? Also I wonder if PCGS has had any conversations with the Mint about the problem? I have several raw ASEs with spots and it is very disheartening.
    Who is General Failure, and why is he reading my hard drive?
  • morgansforevermorgansforever Posts: 8,471 ✭✭✭✭✭
    Do you guys know what causes the spots and can anything be done to remove them? Also I wonder if PCGS has had any conversations with the Mint about the problem? I have several raw ASEs with spots and it is very disheartening.

    To the best of my knowledge, the spotting is caused by the rinse, used at the Mint.

    This coupled with environmental factors, causes some to spot.

    I still have 20th Anniversary sets, vacuum sealed, no spots.

    I've given up purchasing ASE's for numismatic reasons, just buy em for their silver content.

    You do have a life-line at PCGS, use it, get your refund, and buy a classic.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • BAJJERFANBAJJERFAN Posts: 31,268 ✭✭✭✭✭


    << <i>Send it back under guarantee resubmission and we'll take care of you.

    hrh >>



    Be a lot easier for everyone to just send pics but ya always gotta worry about the photoshoppers and cheaters.
    theknowitalltroll;
  • MORGANHUNTER2MORGANHUNTER2 Posts: 4,473 ✭
    This milk spotting thing- can't be JUST from the mint.

    I have ASE's from 86 that I have left in the OGP, and a set that are mixed between PCGS and NGC- ALL PROOFS!

    The OGP's are fine - no spots, but on some of the slabbed coins a few have spotted- not all just a couple.

    So this makes me wonder is it the rinse, or is it something at the TPG's when they slab them.
  • stev32kstev32k Posts: 2,098 ✭✭✭
    I have several raw proof and MS ASEs that are spotted. I also received five 20th anniversary sets that had spots direct from the mint. Sent them all back for replacements.
    Who is General Failure, and why is he reading my hard drive?
  • mach19mach19 Posts: 4,002 ✭✭


    << <i>They will compensate whoever owns the coin, member or not. Although a member has to submit it.

    Note the compensation is a bit less than market. But you also get the coin back without the slab so you have some bullion value as well. >>





    What is "Market" for a PR 70 RP ?
    TIN SOLDIERS & NIXON COMING image
  • GrivGriv Posts: 2,804 ✭
    The 06 RP Silver markets around $1200 for PR70. I had a 2004 PR70DCAM ASE go milkyway on me which is the first PR ASE that I've had that happen to. I also got a 2006-W ASE FS that went the way of the milkyway as well. image
  • AkbeezAkbeez Posts: 2,697 ✭✭✭✭✭
    Thanks everyone for your advice (good and bad image ).

    Does PCGS used existing market values for warranty work, or their own inflated values?

    Now I need to find a member to submit it through. Not that many in my neck of the woods (AK).
    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
  • TexastTexast Posts: 1,899 ✭✭✭✭
    I have to wonder if the oil that the mint puts on the edge of the planchets for the Silver Eagles prior to striking them is reacting to air or the plastic in the slabs. I have noticed on the board that several people rinse the Eagles in acetone prior to sending them in, could this be removing any residual oil and preventing later spotting?
    On BS&T Now: Nothing.
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  • rb7557rb7557 Posts: 745
    You might try getting in touch with coinfame (Seth Woods). He is up in your neck of the woods and is a great guy to deal with. You can send him a pm. Or you can see his posts over on the registry board.


    Spellingimage
  • SwampboySwampboy Posts: 13,100 ✭✭✭✭✭


    << <i>I have to wonder if the oil that the mint puts on the edge of the planchets for the Silver Eagles prior to striking them is reacting to air or the plastic in the slabs. I have noticed on the board that several people rinse the Eagles in acetone prior to sending them in, could this be removing any residual oil and preventing later spotting? >>



    Yes. I think that has been discussed and many agree that'll prevent spotting.
    Just be careful to use the pure acetone.

    "Inspiration exists, but it has to find you working" Pablo Picasso

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