Milkspots on a $500 ASE 20th set?

JimDepot · May 20, 2007 4:03AM

linky

Milkspots or spots on the holder?

SilverEagles92 · May 20, 2007 4:04AM

They look like milk spots to me!!

BECOKA · May 20, 2007 4:07AM

Milk spots. The reverse proof looks OK. The proof can probably be cleaned but there is no hope for the UNC

Edited: I guess I should check my set from time to time.

Zoins · May 20, 2007 4:10AM

Wow, I guess spots are market acceptable

fc · May 20, 2007 4:10AM

geez the pics in that auction are huge.
look like milk spots to me.
maybe these coins should come with warning labels :-)

CoinHusker · May 20, 2007 4:13AM

If these start turning up on more and more sets, I wonder what it will do to the prices on unopened boxes.

I mean, who would want to keep them and who would want to take them back if you bought/sold a unopened box and some of the sets were milk spotted.

BECOKA · May 20, 2007 4:20AM

<< Wow, I guess spots are market acceptable

>>

A year ago I saw some 1995-W coins for sale at David Lawrence in PCGS slabs. The kicker was that it was hard to see the coin because the spotting was so bad. They were not selling at a discount. I think at the time $4,500.

tincup · May 20, 2007 4:22AM

Guess that problem is still with us.....

Bochiman · May 20, 2007 5:35AM

1) The coins are raw and milk-spotted so people saying "I keep them raw to reduce chance of milk-spotting" better be careful...it isn't all about the slabs but likely about the storage environment

2) Whoever wins the set shouldn't return them because of the milkspots...they are readily visible.

3) It may already be trading at a discount because of the milk-spots....we've seen open sets sell for more recently

4) I wouldn't want it for that price unless I thought the RP was a $500 coin

airedale · May 20, 2007 5:44AM

Milk Spots.

DRUNNER · May 20, 2007 5:48AM

He is selling them on eBay . . . with 'standard' (for an ASE) problems visible. Frankly, if I opened my 10 and found them spotted, I'd probably try eBay as well. Do we expect him to

a. Insist on a maximum bid of no more than $200 due to the spotting?
b. Melt them for fear of a return or neg from a purchaser?
c. Hold them for his grandkids to get spot + $2.00 around 2035 from a low-ball dealer?

But definitely . . . I would be careful buying if you were looking for pristine specimens.

Drunner

ricko · May 20, 2007 6:08AM

Milk spots on the MS.. too bad... I lean towards Bochi's explanation, storage - that being said, I think there is a 'root cause' that allows the storage conditions to cause the manifestation of the phenomena... Cheers, RickO

JimDepot · May 20, 2007 9:42AM

Auction ended at the same price as original post.

Sorry JD.

holeinone1972 · May 20, 2007 9:47AM

For this particular set the 20th anniversary I do not think the spots are a big deal. As far as we at CU go, we all know that they are either going to happen, or have the possibility of happening. It is STILL a 20th anniversary set.

garsmith · May 20, 2007 9:52AM

That UNC has

RonLJr · May 20, 2007 10:25AM

I do not know if it will help but I removed the 3 coins from the original box, put each in a Intercept Shield, then into another box with a aluminum canister of silica gel from Jakes then stored the original box and COA in a safe place.
Regards

Ronn

holeinone1972 · May 20, 2007 10:26AM

I thought that if you have a raw unc, and dip it into acetone and rinse it will not develop spots.???????

BECOKA · May 20, 2007 3:15PM

<< I thought that if you have a raw unc, and dip it into acetone and rinse it will not develop spots.??????? >>

This is one theory we have not seen proven either way. Word of mouth on these boards is this works and I don't see any reason why it would not.

Bochiman · May 20, 2007 3:59PM

<< 

<< I thought that if you have a raw unc, and dip it into acetone and rinse it will not develop spots.??????? >>

This is one theory we have not seen proven either way. Word of mouth on these boards is this works and I don't see any reason why it would not. >>

The milk spotting seems to come from the rinse the mint uses on the planchets.
It has been stated that if a non-milkspotted ASE gets dipped, prior to being sent in for slabbing, the surfaces get stabilized and the milkspots are avoided (or, at least deferred to an unknown time).

However, since there is no proof of that, PCGS will still not give MS70 status to the coins.

Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them?

Type2 · May 20, 2007 4:10PM

Maybe they can only do the 70's so they may only do 10 a year.

BAJJERFAN · May 20, 2007 9:30PM

<< Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>

I would pay them for their effort if they would grade the coin a 70 after they dip it.

57loaded · May 23, 2007 2:46AM

<< 

<< Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>

I would pay them for their effort if they would grade the coin a 70 after they dip it. >>

and probably need a disclaimer from PCGS, too, but i'd be in as well

PerryHall · May 23, 2007 3:06AM

<< 

<< Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>

I would pay them for their effort if they would grade the coin a 70 after they dip it. >>

I doubt that milk spots can be removed by dipping. They are embedded into the surface by the striking process and shouldn't be confused with toning which occurs after striking.

BECOKA · May 23, 2007 3:14AM

<< 

<< 

<< Can you imagine the pain/expense if PCGS were to try to dip each and every SAE that comes to them? >>

I would pay them for their effort if they would grade the coin a 70 after they dip it. >>

I doubt that milk spots can be removed by dipping. They are embedded into the surface by the striking process and shouldn't be confused with toning which occurs after striking. >>

The statement was for doing this before the milk spots occur. Your statement is most likely true especially for the mint state coins but PCGS claims they can remove minor milk spots from proofs now.

Sotty · May 23, 2007 7:17AM

I found milk spots and white streaking on the silver coins in mint packaged mint sets from 59-63. They were like that when I bought them a few years ago. I should have looked at under better lighting.

Milkspots on a $500 ASE 20th set?

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