It's a bad day for me, my 2 2006 Reverse Proof ASE's have been milked
jessewvu
Posts: 5,077 ✭✭✭✭✭
I was looking at some coins today and noticed on both of my 2006 PR70 Reverse Proof coins, serious spotting has occured. I think it's time for me to sell all my ASE's and get some more copper and gold. I knew I should have kept those in their OGP. 
Is PCGS still doing the spot review?
Is PCGS still doing the spot review?
0
Comments
I keep mine down the hill. Might be visitors Day at the SDB soon.
"Inspiration exists, but it has to find you working" Pablo Picasso
what the milk spots are at this point.
<< <i>It's hard to imagine that a chemist could not figure out
what the milk spots are at this point. >>
What with electron scanning microscopes and all.
There's even a big cash incentive for the solution to this Huge problem.
"Inspiration exists, but it has to find you working" Pablo Picasso
Possibly viewing under a black light? or dipping it in a certain harmless chemical?
Is it possible to ID the coins that are destined to get these spots before they form?
That sucks, mine are still in the unopend mint shipping carton. Hope they don't have spots in there.
<< <i>
<< <i>It's hard to imagine that a chemist could not figure out
what the milk spots are at this point. >>
What with electron scanning microscopes and all.
There's even a big cash incentive for the solution to this Huge problem. >>
Here are some scanning electron micrographs of a milk spotted ASE; feel free to figure away.
<< <i>I wonder if there is a way to identify a coin that will get white mild spots (before it happens)?
Possibly viewing under a black light? or dipping it in a certain harmless chemical?
Is it possible to ID the coins that are destined to get these spots before they form? >>
It has been posted here that shining light from a halogen flashlight on an ASE will reveal the spots before they become visible to the eye; that is if the spots are pre-destined to form. At that point the spots can be removed by dipping. Once they become visible to the eye its too late and yer screwed. In order to collect the cash reward you must have a method that will result in removal of the spot with no noticeable change to the coin. The spot appears to be chlorine residue which collects on the rough surfaces of the planchet during manufacture. The chlorine residue in all probability reacts over time to give silver chloride which then becomes visible. One would really need to start by visiting the mint or visiting with a knowledgeable employee at the West Point facility. A SWAG is that the source of the chlorine residues is bleach.
<< <i>I believe someone from this forum suggested to dip the Raw ASE's in Acetone before submitting them for grading. Seemed to work for him. I guess it removes the micron particles that are the primary culprit in the epidemic. >>
Not sure how one could reliably say that. Sometimes these things appear lots later.
-Randy Newman
<< <i>I enjoy ASE's but do not collect them slabbed for fear of this same problem. I am sorry yours turned in the holder, jessewvu- that is indeed a bummer. >>
Don't collect ASE's myself, but this doesn't seem to make sense to me. If you keep them in the OGP and they grow spots, what recourse do you have??? None. If they grow in a PCGS slab, don't you have the option of the grade guarantee??? Or does the fine print of the guarantee exclude this problem??
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
-------------------------
<< <i>Nobody's answered the question of the PCGS spot review yet. I've been wondering this myself as I have an '06 RP myself with what I expect are a couple small milk spots. Will PCGS give me fair market value $$$ back? >>
Yes, you can send them back under grade guarantee or whatever service is appropriate. I have some in PCGS holders [including one or maybe two 2006s] that are spotting which has soured me immensely on these coins. The one I used in my limited testing was purchased from a board member and was in a NGC slab: see pic. They have been found spotted right out of the mint tubes.
<< <i>I have over 20 perfect sets in NGC and ICG holders must be something wrong with the PCGS holders, I have had many other ASE's from other years in PCGS holders Spotted with milk. I just saying someone should do a chemical test on the plastic PCGS uses. Or maybe it doesn't have nothing to do with the plastic just the alloy of the coin.
PCGS spent plenty of $$$ analyzing their holders. I can't imagine anything in common plastic that would cause such spotting.
<< <i>
<< <i>I enjoy ASE's but do not collect them slabbed for fear of this same problem. I am sorry yours turned in the holder, jessewvu- that is indeed a bummer. >>
Don't collect ASE's myself, but this doesn't seem to make sense to me. If you keep them in the OGP and they grow spots, what recourse do you have??? None. If they grow in a PCGS slab, don't you have the option of the grade guarantee??? Or does the fine print of the guarantee exclude this problem?? >>
I don't know. To me, getting a coin slabbed because you think it will turn in the future, and then collect on it, that seems wrong.
I had a run of ASE's from 1993 to 2007 I sent in, I had purchased them directly from the mint and all were problem free, no spots. When I got them back, 4 of them had HORRIBLE spots, one looked like someone eating a glazed donut grabbed the coin on four sides. Since then, a few more have developed spots. So, to me, coins stored for years without problems and then, once graded spots appeared.... I think the air got to them and caused them to turn. I sent them in the US Mint capsules. Why doesn't PCGS dip each ASE they get if that is what they do during the spot review process anyway?
These were the only two Reverse Proof Coins I saved.
<< <i>
<< <i>I enjoy ASE's but do not collect them slabbed for fear of this same problem. I am sorry yours turned in the holder, jessewvu- that is indeed a bummer. >>
Don't collect ASE's myself, but this doesn't seem to make sense to me. If you keep them in the OGP and they grow spots, what recourse do you have??? None. If they grow in a PCGS slab, don't you have the option of the grade guarantee??? Or does the fine print of the guarantee exclude this problem?? >>
I should have been more clear- I have a few SAE's that I have bought from a local dealer. I don't buy them in plastic because I don't want to pay the premium in case they do develop spots. I did not mean to imply that in the govt. packaging they won't spot.
-Randy Newman
Any method out there to turn white into green, or blue, or purple, etc?
<< <i>
<< <i>
<< <i>I enjoy ASE's but do not collect them slabbed for fear of this same problem. I am sorry yours turned in the holder, jessewvu- that is indeed a bummer. >>
Don't collect ASE's myself, but this doesn't seem to make sense to me. If you keep them in the OGP and they grow spots, what recourse do you have??? None. If they grow in a PCGS slab, don't you have the option of the grade guarantee??? Or does the fine print of the guarantee exclude this problem?? >>
I don't know. To me, getting a coin slabbed because you think it will turn in the future, and then collect on it, that seems wrong.
I had a run of ASE's from 1993 to 2007 I sent in, I had purchased them directly from the mint and all were problem free, no spots. When I got them back, 4 of them had HORRIBLE spots, one looked like someone eating a glazed donut grabbed the coin on four sides. Since then, a few more have developed spots. So, to me, coins stored for years without problems and then, once graded spots appeared.... I think the air got to them and caused them to turn. I sent them in the US Mint capsules. Why doesn't PCGS dip each ASE they get if that is what they do during the spot review process anyway?
These were the only two Reverse Proof Coins I saved. >>
I don't think people intentionally send ASEs for slabbing to collect on a guarantee. Its a PITA to have to deal with the issue in all respects for both sides. Kind of like the USPS losing your package and you get made whole because you bought insurance. Its nice to get reimbursed, but chances are you'd rather have the coin. If you wanted the $$$ you would have sold the coin.
<< <i>Perhaps in 20 years or so, these Milky Wonders will be snatched up by the Coin Docs and tranformed by modern Chemistry? >>
Sodium or potassium cyanide will probably remove them, but contact time is critical, too long and they turn an almond color.
jessewvu
I feel your pain, I have approx. (40) 2006 W Burnished NGC MS69 and (5) MS70's.......all milked up...
MY Complete set of PROOF silver eagles ( yes even that one ) are in Bell Labs Intercept Boxes in my safe which
has desicant figured per square foot.
All of mine are fine ... so far ...
<< <i>jessewvu
I feel your pain, I have approx. (40) 2006 W Burnished NGC MS69 and (5) MS70's.......all milked up...
Well at least they are still worth melt.
Preventing the spotting requires a dip in EZ-est with a good rinse in Distilled water then 91% alcohol. Of course, this is impossible on mint sealed shipping boxes but the basic rule is that there are no rules regarding ASE's and milk spotting.
Some do and some don't.
All my ASE's get dipped. End of Story and I've yet to have a problem since doing this.
The name is LEE!
<< <i>Having ASE's slabbed is NOT required for them to milk spot. All my 1996's spotted pretty badly from being in air-tites.
Preventing the spotting requires a dip in EZ-est with a good rinse in Distilled water then 91% alcohol. Of course, this is impossible on mint sealed shipping boxes but the basic rule is that there are no rules regarding ASE's and milk spotting.
Some do and some don't.
All my ASE's get dipped. End of Story and I've yet to have a problem since doing this. >>
Isn't this a technique a grading service can employ or is it that any process is verboten?
Seems to me 50K buys a lot of EZ-est.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>
<< <i>Having ASE's slabbed is NOT required for them to milk spot. All my 1996's spotted pretty badly from being in air-tites.
Preventing the spotting requires a dip in EZ-est with a good rinse in Distilled water then 91% alcohol. Of course, this is impossible on mint sealed shipping boxes but the basic rule is that there are no rules regarding ASE's and milk spotting.
Some do and some don't.
All my ASE's get dipped. End of Story and I've yet to have a problem since doing this. >>
Isn't this a technique a grading service can employ or is it that any process is verboten?
Seems to me 50K buys a lot of EZ-est. >>
$
I expect that it would double the cost and the bulk submitters probly would balk at that since they don't really care. How many would be interested in a reholder and dip service from PCGS at say $15 a pop and have coins so treated marked on the insert with a special symbol.
<< <i>I was looking at some coins today and noticed on both of my 2006 PR70 Reverse Proof coins, serious spotting has occured. I think it's time for me to sell all my ASE's and get some more copper and gold. I knew I should have kept those in their OGP.
Half my ASE set developed spots after a while. Seems like more of the coins I had developed spots in the PCGS holders than the NGC holders. Sold them all except for my 2006 ASE Anniversdary set
which I haven't looked at in a while.