milk spots on silver eagles
bestday
Posts: 4,271 ✭✭✭✭
Do milk spots or spots on Silver Eagles cause a lower grade from PCGS ?
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Comments
RAD#306
<< <i>I'm guessing the spots restore more often on the BU eagles or if caught very early correct? >>
The spots typically remove easier from proof strikes than from business strikes. I believe they can be removed if caught before they become visible. EZest is the preferred dip.
I can't even imagine the vast quantities of spotted ASE's out there......is it over 10,000,000??
<< <i>I'll never understand why folks continue to collect this series......it's amazing that the milk spot problem will not go away.
I can't even imagine the vast quantities of spotted ASE's out there......is it over 10,000,000?? >>
I consider all the proofs undervalued, if I recall , most of them have mintages well below the 96 MS strikes (the supposed key date ) and they cost less. I think at one point they will be at a point where the average collector can't afford the pricetag ,perhaps when people realize how few the proofs really are in relation to the Normal strikes, and if there is a milk spot problem, all the more reason to find great examples and drive price up.
RAD#306
<< <i>Thanks ...saw several Silver eagle 70dcams with spots , but the asking was full price >>
Registry and plastic game
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
<< <i>Yes, it effects grade.
If you read "AMERICAN SILVER EAGLES" by John M. Mercanti, and Michael "Miles" Standish, the problem with spotting is discussed in Appendix C. Spotting occurs in sealed mint packaging. PCGS will restore the coin for you, which will increase the grade. The problem is the spots will remain 75-90% of the time, even after restoration. >>
Can anyone here get a copy of Mercanti's comments from that book? Like someone with access to an office copier set up to send copies to an email address.
<< <i>
<< <i>Yes, it effects grade.
If you read "AMERICAN SILVER EAGLES" by John M. Mercanti, and Michael "Miles" Standish, the problem with spotting is discussed in Appendix C. Spotting occurs in sealed mint packaging. PCGS will restore the coin for you, which will increase the grade. The problem is the spots will remain 75-90% of the time, even after restoration. >>
Can anyone here get a copy of Mercanti's comments from that book? >>
Not until after Christmas.
<< <i>Is the spot review at PCGS still good for 2011 Eagles? >>
Do you mean will PCGS grade-guarantee them? The answer is no. PCGS no longer guarantees any coin because of spotting, hazing, PVC, etc. that occurs after the coin was slabbed.
Lance.
I stopped collecting ASE a long time ago bc of spots.
I have one, a 1999 MS68 FS that I bought years ago. It has 2 small spots on the reverse, obverse is spot free. I kept it for the date, 1999.
<< <i>I'll never understand why folks continue to collect this series......it's amazing that the milk spot problem will not go away.
I can't even imagine the vast quantities of spotted ASE's out there......is it over 10,000,000?? >>
Even if your calculation is correct, that's less than 10% of all ASE's ever produced. Which means, 9 out of 10 do not spot.
<< <i>I,m no expert , but I think spots are just part of the toning process of silver. Here is a picture of a Silver Kennedy Half roll. with some nice milk spots.
>>
No, milk spots are NOT part of the toning process. The toning process may expose milk spots that having come all the way out, though.
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
<< <i>
<< <i>I,m no expert , but I think spots are just part of the toning process of silver. Here is a picture of a Silver Kennedy Half roll. with some nice milk spots.
>>
No, milk spots are NOT part of the toning process. The toning process may expose milk spots that having come all the way out, though. >>
"nice milk spots" is an oxymoron.
Lance.
<< <i>
<< <i>I'll never understand why folks continue to collect this series......it's amazing that the milk spot problem will not go away.
I can't even imagine the vast quantities of spotted ASE's out there......is it over 10,000,000?? >>
Even if your calculation is correct, that's less than 10% of all ASE's ever produced. Which means, 9 out of 10 do not spot.
I was a bit lazy on being factual with my guesstimate.
Thanks for the major update.
<< <i>
<< <i>I'll never understand why folks continue to collect this series......it's amazing that the milk spot problem will not go away.
I can't even imagine the vast quantities of spotted ASE's out there......is it over 10,000,000?? >>
Even if your calculation is correct, that's less than 10% of all ASE's ever produced. Which means, 9 out of 10 do not spot.
Spot on there!
<< <i>I'll never understand why folks continue to collect this series......it's amazing that the milk spot problem will not go away.
I can't even imagine the vast quantities of spotted ASE's out there......is it over 10,000,000?? >>
I don't know the number, but I have a few 2013's, graded both here AND ATS, and they're spotted (consensus is that coins slabbed by our hosts usually suffer the problem the worst, but I see 50/50 between the two, and again, on the current years ASE's)...current year's coins, spotted, incredible.