can a PCGS PR69DCAM ASE have milky/water spots?

TommyB · January 10, 2004 2:35PM

or do the spots knock it down?

silvereaglecoins · January 11, 2004 4:33AM

Absolutely... look between the T and Y in LIBERTY:

Milky white spots on proof ASEs are not as common as spots on the uncirculated versions (especially 1993-1997 dates) but they still drive me crazy. For some bizarre reason, PCGS does not penalize the coin for these spots but they should. In my opinion, any white spot that is visible without magnification should drop the grade to 68 at best.

XpipedreamR · January 11, 2004 5:06AM

I don't think they should grade them that high with the spots. They kill a coin for me like carbon spots do.

HavanaJoe · January 11, 2004 5:11AM

I only own 1 PCGS PR69 (an '03) and she is very pretty- BUT, I have a '97 PCGS MS69 that has some very ugly orange/brown spots on it that makes it look VERY ugly.

homerunhall · January 11, 2004 5:13AM

A PCGS PR69DCAM should not have those milky spots. The Mint is doing something in the washing of the planchets (our thoery anyway) that makes spots sometimes show up on silver eagles at a later date. This coin is no longer PR69DCAM. Send it to us and we'll take care of you under the terms of out grading guarantee.

David Hall

HavanaJoe · January 11, 2004 5:21AM

I was mistaken, all of my PCGS MS69's are clear. It was a BU 97 with the orange/brown spots. My bad!

Shamika · January 11, 2004 5:38AM

silvereaglecoins · January 11, 2004 6:42AM

David,

The milky white spot problem is widespread on PCGS MS69 silver eagles. Take a look at this 1994 ASE. It looks fine when viewed head-on but if you tilt it slightly, it is simply covered with white spots. Hardly worthy of the MS69 grade...

I have been dealing in MS69 silver eagles since the early days and am 100% certain that the grading standards are nowhere near what they were 3-4 years ago. It is very common to see MS69 silver eagles covered with milky white spots and/or a noticeable blemish or two. This has driven market pricing down to about 50% of what it was a few years ago as the MS69 populations have exploded with questionable coins. As far as I am concerned, ASEs with any white spots or dings should NOT be graded MS69 period. Please review this criteria with your PCGS graders and rid the marketplace of any newly graded MS69 "problem coins".

Dog97 · January 11, 2004 7:10AM

Here's another one, a 1997. It was clean & good for the grade when I got it back in 97 or 98 but look @ it now. Notice the neophrene round around the coin is turning yellow & breaking down. Kinda looks like PVC damage.

stman · January 11, 2004 7:24AM

That's what they get for grading Bullion.

stujoe · January 11, 2004 10:03AM

I would think that those last two coins should be in bodybags.

bulloncoins · January 11, 2004 10:39AM

I have spotted 1994, 1996, and 1999 MS 69 PCGS ASE's. The 1999 is the worst.

jeffnpcb · January 11, 2004 10:49AM

? A '63 PR70DCAM ring a bell!

KAJ1 · January 11, 2004 11:44AM

PCGS paid me for this one.

dorkkarl · July 23, 2008 11:04PM

did anyone ever win the $10,000 from pcgs for figuring out how to prevent milk spots???

K S

BAJJERFAN · July 23, 2008 11:12PM

<< <i>did anyone ever win the $10,000 from pcgs for figuring out how to prevent milk spots???

K S >>

Nope and its $50K not $10K.

boucharda · July 23, 2008 11:17PM

This is why it takes brass clackers to pay big bucks for a FS MS70 08/07.... Ya never know

garsmith · July 23, 2008 11:42PM

Smoe times the spots don't show up for a few years.

phantom1701 · July 24, 2008 12:30AM

<< <i>That's what they get for grading Bullion. >>

LOL...Saints were as good as circulated bullion back in the day and Morgans were the dollar bill of their day, yet I never hear anybody outraged at those being slabbed.

Rupert305 · July 24, 2008 12:54AM

This is the very reason why I just sold my entire silver eagle collection.

phantom1701 · July 24, 2008 1:06AM

69's are one thing, but I have a 2006 PR70DCAM from a 20th Anniversary Set that I had graded early last year. I linked the "before" images below just to set this up. I will get the coin out of the lock box later so you can see the "after"images. It looks like it contracted the measles. There are milk spots all over it now. (the white specs in the "before" photos are just dust specs)

19Lyds · September 25, 2008 7:24AM

ttt

Casman · September 25, 2008 7:39AM

Good golly, I'd almost forgot about the plague...

OPA · September 25, 2008 7:49AM

The plague that's rampant....I just submitted 2 20th Anniv ASE's ( 1 PR70DCAM FS & 1 MS69 FS for spot review. Unfortunately, from experience, it'll take until next year before I hear back from PCGS...

can a PCGS PR69DCAM ASE have milky/water spots?

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