Guess the grade of this PCGS graded 1964 proof Kennedy.

Russ · January 21, 2007 6:10AM

Russ, NCNE

Smitty79 · January 21, 2007 6:18AM

PR66?

BAJJERFAN · January 21, 2007 6:20AM

That one from the spotted owl registry set?

nankraut · January 21, 2007 6:21AM

I'll guess PR-69, and the milk spots showed up after it was holdered.

Bochiman · January 21, 2007 6:23AM

Russ, I knew Kennedy excited you, but geez...!

BigE · January 21, 2007 6:24AM

PR67DC-------BigE

Russ · January 21, 2007 6:25AM

<< I'll guess PR-69, and the milk spots showed up after it was holdered. >>

Russ, NCNE

NumisOxide · January 21, 2007 6:25AM

PCGS PR68

I agree with nankraut regarding the spots, though.

NumisOxide · January 21, 2007 6:27AM

Damn, it's in a new holder!

planetsteve · January 21, 2007 6:42AM

Bad Bochiman. Bad.

Can these kind of blemishes be removed by any kind of dipping?

Russ · January 21, 2007 6:44AM

<< Can these kind of blemishes be removed by any kind of dipping? >>

Nope. Once they appear, they are permanent. The contaminants that produce them are embedded in the planchet.

Russ, NCNE

Cladiator · January 21, 2007 6:46AM

Looks like a bacteria culture in a petrie dish.

ricko · January 21, 2007 7:01AM

I am still amazed that these spots do not show on all proofs... I do not doubt what you say Russ, I am sure you are right. Just do not understand why some spot and some do not. Cheers, RickO

LindeDad · January 21, 2007 7:39AM

Question about this coin. I think most of will agree that it is not a PR69 Coin.

How do you get your value back out ot this coin?

Russ · January 21, 2007 7:44AM

<< Question about this coin. I think most of will agree that it is not a PR69 Coin.

How do you get your value back out ot this coin? >>

PCGS would take care of it under their grade guarantee program.

Russ, NCNE

LindeDad · January 21, 2007 8:01AM

So then the PR69 guesses are wrong?

Would PCGS grade a coin that had the spots on it when submitted? Or is it considered environmental damage?

And as a follow on is this simlier to haze or will they fix a hazed coin. I have a rather nice Washington that has developed haze since I got it.

Nic · January 21, 2007 8:02AM

$5. K

Edit. I should have read the replies. More than $5 ......

planetsteve · January 21, 2007 9:09AM

<< 

<< Can these kind of blemishes be removed by any kind of dipping? >>

Nope. Once they appear, they are permanent. The contaminants that produce them are embedded in the planchet.

Russ, NCNE >>

It does look like these are coming out from within. Are these something more insidious than the usual "milk spots" that people talk about?

Russ · January 21, 2007 9:13AM

<< Are these something more insidious than the usual "milk spots" that people talk about? >>

Nope. In fact, this is a classic example of the milk spots that are frequently discussed. The 1964 proof Kennedys have a real problem with them. Unless one does a quick surface stabilization dip right after pulling one from a proof set, some examples will develop these spots.

Russ, NCNE

ColonialCoinUnion · January 21, 2007 9:23AM

<< 

<< Question about this coin. I think most of will agree that it is not a PR69 Coin.

How do you get your value back out ot this coin? >>

PCGS would take care of it under their grade guarantee program.

Russ, NCNE >>

So can PCGS take the risk of continuing to grade these potential time-bombs?

planetsteve · January 21, 2007 9:25AM

What's used to stabilize the surface... ethanol? acetone? Of course these would really just be removing organic compounds from the surface....

Russ · January 21, 2007 9:32AM

<< So can PCGS take the risk of continuing to grade these potential time-bombs? >>

For a PR69 brilliant such as this one, the liability is pretty low. It's about a $50 coin in the current market. For PR69CAMs, the liability is a bit higher, but still not that much to worry about. For PR69DCAMs, the liability is pretty high, but they might grade two to three of those in an entire year. And, the percentage of these that develop spots is signficantly lower than the business strike SAEs that PCGS will no longer grade MS70.

Russ, NCNE

jmski52 · January 22, 2007 4:17AM

Nope. In fact, this is a classic example of the milk spots that are frequently discussed. The 1964 proof Kennedys have a real problem with them. Unless one does a quick surface stabilization dip right after pulling one from a proof set, some examples will develop these spots.

Ok, what are the contaminants causing the milk spots? And what does the surface stabilization dip consist of? D.I. or distilled water or some electronics grade of solvent? I've always been curious about coin preservation.

Russ · January 22, 2007 4:23AM

<< Ok, what are the contaminants causing the milk spots? >>

Whatever the mint was using to rinse planchets at the time.

<< And what does the surface stabilization dip consist of? >>

Just a standard dip such as eZest.

Russ, NCNE

2bucks · January 22, 2007 5:20AM

<< 

<< Ok, what are the contaminants causing the milk spots? >>

Whatever the mint was using to rinse planchets at the time.

<< And what does the surface stabilization dip consist of? >>

Just a standard dip such as eZest.

Russ, NCNE >>

Would MS70 work?

MadMarty · January 22, 2007 5:34AM

PR69

bumanchu · January 22, 2007 9:07AM

or either RP68!

BECOKA · January 22, 2007 9:15AM

A few years ago I e-mailed David Hall about these spots and the reply was not clear if they would grade a coin with spots but it was clear it would not get an MS grade if they received the coin with spots. I suspect that it would be considered damaged.

Just my 2C

BECOKA · January 22, 2007 9:17AM

The question should be why doesn't PCGS neutralize all coins known to have spotting issues before encapsulation? more related to the modern silver eagles. Out of my last 100 30 have developed spots so far and I am sure that will not be the end of it.

MrSpud · January 22, 2007 9:21AM

It would be fun to try to put together a super cheap Registry set containing coins like this that turned in the holder. Even better if it gets in the top 10 or 25 sets

Russ · January 22, 2007 9:24AM

<< It would be fun to try to put together a super cheap Registry set containing coins like this that turned in the holder. Even better if it gets in the top 10 or 25 sets >>

The problem is that even when they turn to crap, they still bring strong money. The last 1964 PR69DCAM to sell on Heritage was a dog, and it closed at $3335.

Russ, NCNE

segoja · January 22, 2007 9:28AM

I had a 1964 turn just like that. Sent it in myself, graded 68. Took a picture, listed on e-bay. I then compared the picture 7 days later when it sold...looked like two different coins.

PCGS did take care of it!!!

BECOKA · January 22, 2007 9:34AM

<< I had a 1964 turn just like that. Sent it in myself, graded 68. Took a picture, listed on e-bay. I then compared the picture 7 days later when it sold...looked like two different coins.

PCGS did take care of it!!! >>

Another reason why PCGS is remaining a top grading company. I have had them take care of quite a few spotted coins.

Guess the grade of this PCGS graded 1964 proof Kennedy.

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