Milk spot question.
SkyMan
Posts: 9,592 ✭✭✭✭✭
I've been collecting proof cameo coinage from the '50's and '60's for literally decades, so I'm pretty well up on milk spotting. However, something happened to me recently that I haven't seen happen before, and I'd like your thoughts on the issue. I've owned an NGC PR67UCAM 1958 Franklin for 5ish years. I knew that originally it had been in PCGS PR67DCAM holder and the previous dealer, thinking it was clean enough to PR68UCAM, sent it in to NGC hoping for an upgrade. Needless to say, it didn't. About 1.5 years ago I sent it in to PCGS to recross and it did.
The problem is that I recently looked at it in my SDB and I noticed all sort of milk spots developing. Now clearly the coin had been stable for YEARS in it's previous incarnations in PCGS and NGC plastic, so the concept of milk spots developing on it didn't even occur to me. Normally a proof from the '50's and '60's, if it's going to develop milk spots, will develop milk spots relatively quickly after it's been taken out of whatever original packaging it's been in. The size of the spots are quite small, but there are Quite a few. I'm kind of wondering if a grader sneezed or whatever. PR67DCAM Franklins are a rare bird, and are worth a decent chunk of change because of that. Generally once milk spots develop you can't get rid of them, so I'm kind of wondering what to do. Any thoughts???
The problem is that I recently looked at it in my SDB and I noticed all sort of milk spots developing. Now clearly the coin had been stable for YEARS in it's previous incarnations in PCGS and NGC plastic, so the concept of milk spots developing on it didn't even occur to me. Normally a proof from the '50's and '60's, if it's going to develop milk spots, will develop milk spots relatively quickly after it's been taken out of whatever original packaging it's been in. The size of the spots are quite small, but there are Quite a few. I'm kind of wondering if a grader sneezed or whatever. PR67DCAM Franklins are a rare bird, and are worth a decent chunk of change because of that. Generally once milk spots develop you can't get rid of them, so I'm kind of wondering what to do. Any thoughts???
0
Comments
the notion that something which happened when the coin was struck finally becoming visible after 50 years is ludicrous. since the coin was stable 5ish years ago the cause seems clear.
U.S. Type Set
Maybe I'm missing something. But my answer is to send it to PCGS for a spot review.
Lance.
I opened a 1970 Proof set a couple days ago for one of my children's 7070 albums. The coins were clean before I opened the set; LITERALLY within 2-3 seconds of opening the set, the cent and the nickel both develop a spot on the obverse.
Each time we move a coin from an stable environment (an album, capitol holder, mint packaging, TPG slab, etc.) we risk contaminating the coin.
<< <i>Thats a shame. All this cracking out and crossing over nonsense just to get a different label on the same coin and look what happens.
thats what I do not get, someone buys a slab cause they like the coin, but then they dont like it and
want it in a different slab and yet somehow it ended back where it was.
nonsense but good for someones bottom line
Go BIG or GO HOME. ©Bill
<< <i>Most people don't know this... but before PCGS developed the Sniffer to test coins, they had the unsuccessful Sneezer.
I opened a 1970 Proof set a couple days ago for one of my children's 7070 albums. The coins were clean before I opened the set; LITERALLY within 2-3 seconds of opening the set, the cent and the nickel both develop a spot on the obverse.
Each time we move a coin from an stable environment (an album, capitol holder, mint packaging, TPG slab, etc.) we risk contaminating the coin. >>
It sounds much more like the contamination was sealed as part of the packaging or certainly some residue from it. Take 40 year old plastic subjected to variations of heat and light. Now, like the Chemistry teacher in high school, some magic. Perfect.... add Oxygen.... plastics residue.. corrosion.. technological or organic booger?
Call Lady MacBeth. Or PCGS spot removal service
First encountered the term "milk spots" when Redfield came out. All these bags of S$1 in LaVere's basement. Silver, not that paper the gum'mint wants to fool us with... Silver!
Urban legend or history: evidently some big cans of peach juice in the pantry upstairs burst. All over the Peace S$1's. It had all dried up a decade or two before. After A-Mark bought the deal, when sorting began, in came the funk. When rinsed, the areas with crud showed a milky texture unlike any natural surface. This term was applied in the marketing, or at least after-marketing. Flat-out corrosion. Sizable patches often present. Now simple ED and in the truest sense.
"Organic residue" on your proof - Get it taken care of sooner rather than later. Itr takes a while longer to become a milk spot.
Maybe the gold ring is only cheap plating?