Since the milk spot problem began

Onedollarnohollar

Has the collecting of silver eagle diminished? How many have bailed out and sold what they had because of the milk spotting potential?

Buzzybest

I recently sold 30 1996 ASEs to a very professional and patient buyer (Jay Rudo) for that reason. I used the proceeds in that case to buy 2 Morgans:
1880-S PCGS MS66+PL
1881-S PCGS MS67
Next month,I will be submitting these to CAC with some others.

joeykoins

It's not the milk spotting that stopped me in the SAE series, it's the " no funds " department that put a halt on these. I'm sure when I get back on my feet I'll continue the stretch. I love the Silver American Eagle program.

BryceM

I still buy them, but only as bullion and for graduation presents. I have a single 1987 proof ASE that got me started into coin collecting after I bought it in high school. I can't see myself buying any proofs, but primarily because I have far more interest in historically interesting business-strike coins.

BAJJERFAN

<< <i>Has the collecting of silver eagle diminished? How many have bailed out and sold what they had because of the milk spotting potential? >>



This

KAJ1

Yup, sold them all!
I won't hold any in my collection, but will buy for da FLIP !!

NewParadigm

Especially since the "guarantee" is BS.

Bubblehead

<< <i>Yup, sold them all! >>





As I did.

I did keep a single UNC for the boy's type set.

At one time I had (4) complete sets of the proof issues. A set for each
grandson. The spotting was horrible. Over time, not more than
a dozen of them did not develop spotting. I would seperate out the
spotted ones, sell 'em..pretty soon I was down to less than
a single set..and after a few months, they too spotted!

PinkFloyd

To me, its the gaudy new finishes on the proofs. I can't stand it next to the older style finish.

I like the burnished unc. finishes, so I've moved over to those.

19Lyds

I sold my slabbed Siver Eagles simply because I needed the money. Milk Spotting had nothing to do with it. Chasing MS/PR70 seemed exasperating and wasteful as I've allowed myself to get spread way too thin in the collecting arena.

Lots of pot's, lot's of fires, but little money.

Cameonut

I kept exactly one proof for type. The rest got sold after the last mint debacle.

Milk spots had nothing to do with the decision - but it is nice to know I don't have that risk anymore.

joeykoins

You know what guy's, I was just thinking, what If these milk spots turn into a goldmine? Remember,not too long ago we felt the same about " that darn Tarnishing,this is destroying the value of my coin!!!" Well,Toning now is big money! Who knows?

Onedollarnohollar

Joey...I'm nominating you for "optimist" of the year!

joeykoins

Thank You,buddy!

nibanny

<< <i>Has the collecting of silver eagle diminished? How many have bailed out and sold what they had because of the milk spotting potential? >>



I gave up because of milk spots (and toning as well).

Bankerbob56

I have zero TPG silver eagles and I have zero milk spotted coins. Makes you wonder?

I have a few proof issues still in OGP and an ms example for every year since '86 none of which have any spotting whatsoever.