Need a little guidance here. I've been stacking for some time now and have never ran in to this situation until now. The place the I have my silver is in a climate controlled environment but I decided a few months ago to put some dehumidifying cartridges inside to insure that moisture was staying out ( as a fail safe). I recently went and looked through a few tubes and noticed milk spots that previously weren't there.
I don't know how milk spots happen or what the cause of them are. All I know is that some of my BU coins now have these ugly spots.
Any thoughts or ideas to help me here as I'm pretty disappointed
Thanks in advance.
Milk spots
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Milk spots
by silverstacker » Wed Oct 08, 2014 11:14 pm
“The Bitterness of Poor Quality Lingers Long after the Sweetness of Low Price is forgotten”
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Re: Milk spots
by Recyclersteve » Thu Oct 09, 2014 1:10 am
If these are silver American Eagles or junk silver coins (even BU) and you didn't pay a numismatic premium, I wouldn't be concerned at all. If these are truly rare dates and you paid a big numismatic premium, I'd consider relocating them. Just curious- do you have any PCGS or NGC certified coins that developed milk spots? I would think they wouldn't be affected, but I am curious nonetheless.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
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Re: Milk spots
by blackrabbit » Thu Oct 09, 2014 7:11 am
Are the milk spots on Maples?
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson
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Re: Milk spots
by silverstacker » Thu Oct 09, 2014 7:58 am
I haven't seen any on the maples but there are still some tubes I didn't open due to frustration.
None of the graded pieces that I have checked have the milk spots.
It's like my collection has contracted malaria
None of the graded pieces that I have checked have the milk spots.
It's like my collection has contracted malaria
“The Bitterness of Poor Quality Lingers Long after the Sweetness of Low Price is forgotten”
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silverstacker - Penny Hoarding Member
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Re: Milk spots
by blackrabbit » Thu Oct 09, 2014 8:22 am
I have seen milk spots show up on Canadian and Australian bullion that was mint sealed and never opened.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson
-Thomas Jefferson
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blackrabbit - Post Hoarder
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Re: Milk spots
by beauanderos » Thu Oct 09, 2014 9:36 am
silverstacker wrote:
It's like my collection has contracted malaria
it's the dreaded milkbola virus. Sorry to hear that.
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Re: Milk spots
by Cu Penny Hoarder » Thu Oct 09, 2014 9:20 pm
Water spots can be removed with a pencil eraser. Make sure the eraser is new and unused.
Time is precious, stop wasting it.
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