Milk Spots on Silver Coins – Removal Process & How Coins Get Them | Silver Coins

Milk Spots on Silver Coins – Removal Process & How Coins Get Them

Milk Spots on Silver Coins – Removal Process & How Coins Get Them

Milk Spots on Silver Coins – Removal Process & How Coins Get Them
http://www.coinweek.com/education/coin-grading/ngc/coin-analyst-collectors-crying-milk-spotted-american-silver-eagles/

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50 Responses to Milk Spots on Silver Coins – Removal Process & How Coins Get Them

  1. sayits 69 says:

    great information, that I didn’t know! thx so for the tips

  2. Mr. Kelly says:

    let’s not forget that many governments get their blanks from private mints. If that’s the case then kooks and eagles should get them too

  3. t mac says:

    There will be a 2 tier grading system, as per PCGS, one tier with the spots and one without!!!!!
    Buying from bullion companies or eBay, ITS BUYER BEWARE!!!!!!!
    I’ve returned 80% of what I’ve bought because of spotting!!!!!
    I’ve learned, don’t buy the slab, BUY THE COIN!!!!!!!!
    It seems like everyone is getting rid of their milk spotted coins.

  4. Robert Walterman says:

    I agree rcm responce tells me stay away

  5. hoss NH says:

    Hey whats up Silver Slacker , Been collecting silver coins for years and got into stacking bars about a year ago thanks to you and silverfish VT. I just started a channel so i can comment here . 6 months ago I purchased a roll of maple leafs , 23 out of 25 developed milk spots after a couple of months !! That was a kick to the johnson bra. I`ll never buy maple leaf`s again !!!!

  6. bamboozledguy says:

    Wow no more graded stuff for me thanks for the information, Are milk spots happening on Perth coins.

  7. t mac says:

    Oh, don’t fall for a seller telling you, "don’t worry about milk spots the grading company will guarantee it"
    MOST OF THE TIME they will not guarantee any milk spots happening after they are slabbed!!!!!!!

  8. kmiller259 says:

    When I become the RCM Mint Master, I will make it top priority to resolve this milk spot issue. Until then, I am offering to take any milkspotted coins off your hands, and dispose of them FREE OF CHARGE.

  9. Bullion Boy says:

    just jumped into stacking grabbed my first Maple; posted a clip. Only took it two days for milk spots to appear, however it was expected got it from local exchange. I Hope this doesn’t happen to the Canadian celebration of love coin I ordered

  10. Javier Ungar says:

    Hi Silver Slacker, just wanted to ask you (im asking here because maybe you can see my comment!) what do you think about buy silver bars without the "good delivery" mark, it worth to pay extra money for a LBMA bar instead of get a bar from a random company with much less $ the ounce? Im about to buy some silver bars called "Sheffield assay office" and im afraid that these may be more difficult to sell that any LBMA?, any idea about it? Thanks!

  11. Lil Stack'n says:

    I started stacking canadian maples with the belief that they would be the most liquid here in Canada if I had to sell for emergency. A year into my stack I noticed everything I had was milked up! I store in a monster box with like 100 silica packs. I was very upset. I went to my lcs to speak with the owner on his thoughts and he told me he only recommends junk silver for gaining weight to a stack. Lowest premium and most liquid! I tested the liquidity and I can put an add up for 10 mins without getting people interested. I will never touch another RCM bullion. I just started into Perth for 2016, looks, lunar, koalas, and I’m just praying that they don’t milk. I was perfectly happy with my few years stacking junk silver, until I looked on eBay and seen the premium hikes on stuff I seen being sold when I started. I think the moral is, no matter how you do it, the grass is greener on the other side. Great vid! Cheers!

  12. T Jones says:

    use zap, or nail polish. remover. just dip and wipe it wont remove tarnish. or dip in boiling water after zap or nail polish remover

  13. Kristijonas Lukse says:

    Hi! So does anyone know how the PCGS are doing it for the 5 dollars service?

  14. Robert Walterman says:

    Thanks for this

  15. TheBobutube says:

    In the stamping process, They spray a plastic type film layer, so the stamping heads don’t stick to each coin. Now temperatures in metal are not always consistent, thus as drying, some of the plastic petro product becomes locked as it cools. You will need a frequency laser that burns only the plastic element structure laced in the drying process. It does not elicit any change in the metal, only change in the petro element.
    Try that and get back to me.
    Aloha

  16. Hector Javier Castaneda Nanez says:

    how to prevent milkspots?

  17. Awake says:

    That’s weird, not ONE of my ASE’s have milk spotted. I’m just lucky I guess. But every SINGLE thing I’ve gotten from RCM has milk spotted.

  18. buddetime says:

    thanx for vid. my kilo tiger I got from jmb  2 weeks back has milk spots. Very disappointing. They will not accept return either. it is crazy the perth mint has these problems as well.

  19. veritasfiles says:

    These are the kinds of reasons that I decided early on to focus on the precious metals as a storage medium for purchasing power rather than anything else. I think the natural direction of the metals, given current and future world events that are relevant to our current life-spans of the next 50+ years looks good for stackers. So without concerning yourself with numismatics or semi-numismatics, you’ll do just fine if you focus on ounces and variety. Variety referring both to the variety of metals, and the variety of the forms in which they are held. 1) Silver & Gold shot 2) Silver & Gold bars, cubes, buttons, etc… 3) Silver & Gold Jewelry 4) Silver & Gold circulated government minted currency / coinage 4) Silver & Gold government minted bullion 5) Silver & Gold privately minted bullion rounds. I think you shoot for diversity and ounces. When you reach good core positions, then you move out into a few other metals like Platinum & Palladium. You can also move into the more base or semi-precious metals, but that requires that you’re willing to deal with the weight and the sheer amount of storage space. Those metals are nickel & copper, but that’s way down the line. The only way anyone should be picking those up before they’ve reached their core positions and made their way into the two P’s, is to just save U.S. copper pennies and nickels. At least the, you’re getting them for spot or under spot.

  20. T Norman says:

    Thanks for the info! I know what you mean about the RCM offerings. My silver maple leafs often have milk spots on them. For what its worth, the new predator series cougars I obtained didn’t have any, at least in my batch anyway, so maybe they are doing some better quality control.

  21. Bullion Boy says:

    subed btw great video

  22. chris elliott says:

    Pencil eraser?

  23. Tom Samad says:

    Interesting info. I also haven’t bought any RCM products in a long time.

  24. ♂TheSilverlover999♂ says:

    Milk spots are security features from fake silver coins.

  25. Daniel Bull Runner Lamb says:

    If the coin has imperfections only in the rim does it lose grade. I am a new collector and I want a good collection.

  26. geeza bonanza says:

    Spot on, thanks!

  27. John Smith says:

    Good to know !!

  28. Argentum Spartus says:

    Great info!!

  29. David Argento says:

    I don’t recall finding any spots on my ASE.’s. Maybe the proof coins spot more than the regular ASE’s.

  30. Freddy Mercury says:

    Does any proof coins get these spots?

  31. Joe Biliello says:

    Avoid graded coins like the plague, every MS70 coin I bought was worthless shit with spots so don’t waste your money!!! Nope, never again!!! Nobody is standing behind this and the grading companies don’t care and it’ll be your loss, treat these coins as bullion and nothing more, silver eagles aren’t worth the money or premium……it’s all a scam!!!

  32. Silver Diva says:

    Great info and thats why i stopped buying ms 70 bullion and sold most before the milk spot appeared. and for them to say they don’t care deal with it. is so messed up. no more for me….

  33. MrSting17 says:

    Isn’t acetone nail polish remover ? I thought the U.S. Gov’t was deaf and/or ignored you when you told them something was wrong. The Canadians are usually smart and responsive.

    Their economy didn’t collapse like the rest of the world in 2008. They didn’t have a real estate melt down either.

    They went around the world looking at all the major cities subways before they built there’s. They took the best parts of each and integrated them into their subway in Montreal.

    Did you hear me Mr. Immigration Minister ? Let me get out of the US.

  34. Bruce Wayne says:

    I use baking soda and hot water to clean my scrap metal coins without a compound or abrasive rubbing. I will try it on a milk spottted RCM.

  35. MrSting17 says:

    There was a story on YT about a man discovered 19,400 silver bars in a house he bought. The original owner used layers of aluminum foil between stacks. The man that found them thought it helped the stacks from falling over. i think it was to keep the silver from tarnishing.

    There are 2 stories I saw where the people use alum. foil, hot water, salt and water softener. It cleans the silver just by dipping https://www.youtube.com/watch?v=Fg9skPKr5xc&index=2&list=PL1uwhtMW_jE91mh1SASF-uzm6B6ZkVTkZ
    Another method from a Metal Detecting guy who uses baking soda, hot water and aluminum foil. He warns do it at your own discretion. You decide if it’s bullion or numismatic. He does it on an ASE. No rubbing = https://www.youtube.com/watch?v=-DQbttBUi8c

  36. jack schitt says:

    acetone only remove grease and oil base stain, not white spot because it is not oil based

  37. Kay 32 says:

    Thanks for sharing buddy!

  38. trovid1 says:

    I watched a video of a guy that removed milk spots with a soft eraser and a silver cloth. It seems like it worked fine. First the eraser and then the cloth.

  39. Daniel Bull Runner Lamb says:

    Just got a 2015 Britannia came with a milkspot right on the Queens face it is so disappointing.

  40. Seeker says:

    Interesting. Thanks for the info. My newer Canadian silver has no milk spots, while I have many spots on my older ones.

  41. Robert Walterman says:

    5 pcgs cost sounds like biggest deal there

  42. Java Junky says:

    As a Canadian I’m disappointed. There should be a high standard that the RCM is wanting to achieve. I really hope they change their method in manufacturing the coins soon.

  43. Pawz Brown says:

    great video thanks fir the insight into milk spots I had bought a maple leaf from a dealer and there was two spots right when I got the coin and the dealer said it was from the mint. it’s really heart breaking to hear that Canada won’t do a damn thing if I happen to get it graded I’ll Def pay the extra $5 for PCGS. to clean it. since Hess coins are very BEAUTIFUL AND LUSTROUS

  44. Howling wolf says:

    It bothers me that grading company are fixing milk spot damage coins. What stopping them from making/fixing coins to grade higher?

  45. pof1991 says:

    Great article thanks so far I have avoided the "Millkies" but I only have 15 oz why don’t poured bars have them?

  46. Atomic tymes says:

    If I recall correctly, the milk spotting can occur within weeks, months or a year. If your coin makes it past a couple of years, is it safe from milk spots?

  47. Monkey Man says:

    Thanks for the information on the cause and PCGS ( cure @ $5.per coin ). I think I’ll try The cloth. Reguards, the Jagdtiger….

  48. Armand Rodriguez says:

    After seeing my Canadian Birds of Prey coins last week, I also have written off anything from the Canadian mint. I haven’t had a problem with anything else, yet.

  49. ♂TheSilverlover999♂ says:

    I like canadian maples because it has a face value of 5 dollars canadian and a purity of four nines fine silver but the milk spots is really a bad sight to see on coins. I do not know if those newer maples have milkspots too the one with radial designs.

  50. Scott Moore says:

    numissimatic,.. numisssmatic,.. numismatic..

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