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Slabbed "milk-spotted" silver

mt_mslamt_msla Posts: 815 ✭✭✭✭

Recently I've seen milk-spotted silver in an NGC slab. I verified the number, and the very noticeable white spots WERE present at slab / phto time.

Does anyone know if PCGS would slab such a coin at grade? Or would it be deemed "details" only?

Insert witicism here. [ xxx ]

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  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited December 26, 2017 2:10PM

    Now that the major grading services do not guarantee the grade of coins that spot in the holder, perhaps they are being more liberal. Unfortunately, you did not give the grade of the coin as it appears on the label. Spots should not be on MS-70's but one tiny spot on a coin can drop the grade to MS-69.

  • mt_mslamt_msla Posts: 815 ✭✭✭✭

    It's an NGC PR64 UCAM.

    Insert witicism here. [ xxx ]

  • messydeskmessydesk Posts: 20,003 ✭✭✭✭✭

    A photo would be nice here. I have a feeling the coin in question, grading PR64, isn't an ASE, and that its spots are of a different nature from those that grow on ASEs in slabs.

  • BigABigA Posts: 2,715 ✭✭✭✭
    edited December 27, 2017 5:26AM

    NGC has graded a tad under 200 PF 64's over the last 30 years (thirteen 95-W's) . There are even a few 60's and 61's out there. The spots would be a reason for a downgrade but would not prevent it from getting a numerical grade
    It would be appropriate to have a pic

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    If possible can you post a photo of this coin?

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Milk spots will definitely downgrade a coin.... Not sure why someone would submit a coin with milkspots... and, unfortunately, they do form after slabbing. That being noted, I personally would not submit one with spots already on the coin... Cheers, RickO

  • mt_mslamt_msla Posts: 815 ✭✭✭✭


    Insert witicism here. [ xxx ]

  • BryceMBryceM Posts: 11,798 ✭✭✭✭✭

    I guess there's a market for coins that look like that, but it's not chez moi.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    A market filled with uninformed collectors. I own a few spotted coins (raw & slabbed) that I bought just to show people. :wink:

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