RCM Milk Spots because its 99.99% pure silver or?

Discussion in 'Silver Coins' started by 1for1, Nov 18, 2011.

  1. knowles3

    knowles3 Member

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    thats an excellent analogy haha

    and as to why people buy them? the ones in good condition are beautiful, i got a milky cougar the other day, couldnt see it under the light in the coin shop, i got home and looked, got kinda pissed, but other than the perth mint, the canadian mint is really the only other decent offer, i guess the us mints got buffalos (the best gold coin on the market), but really not much else..
     
  2. Wout

    Wout New Member

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    is this the same thing as those ugly spots you get on perth mint bars? or is that something different?
     
  3. BullionNZ

    BullionNZ New Member

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    Our Five Cents worth; The 'milk spots' were rife of RCM Maples during the 2008-2010 era. Scientific analysis undertaking by the lab which undertakes destruction metal purity testing (the only method of truly testing purity by the way) for us confirmed this as 'organic matter' of some description - likely residue left from the minting process. We have noted since the beginning of 2011 there has been a SIGNIFICANT decrease in the instance of this. Also note NZMint Silver Ferns are also susceptible to this. The more vigilant of those amongst us be aware the blanks (and even some minting of Silver Ferns) has occurred at the RCM - there lies the connection.


    Disclaimer: I am directly affiliated with www.bullionnz.com. Supplier of precious metals to the astute buyer.
     
  4. barsenault

    barsenault Well-Known Member

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    Ouch. This hurts. When will people 'get it?' Unless you're getting maples/wildlife/25th anniversary coins, etc...at spot OR below spot...you are crazy. Look at this graded 25th coin. "perfect' when going into storage...now look. eeeks.

    http://youtu.be/2S3CmWWGTp4
     
  5. chubbycheeks

    chubbycheeks Member

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    Wow the end result was amazing. I can't believe he was able to clean that up. I tried using the cloth in the past only to end up with tiny scratches so I never attempted it again.
     
  6. graydragon

    graydragon New Member

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    That sucks to get coins like that I have a roll of 2014's and I took them out today
    to have a look they are fine so far not one bad coin.
    graydragon
     
  7. barsenault

    barsenault Well-Known Member

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    If they are maples...or anything Canadian bullion...it is not a matter of if, but when. I'd bet some dough on that...if after 5 years you have no spots, I'll pay you a silver coin. :D
     
  8. SolidFOOSER

    SolidFOOSER Member

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    all my 2014 Falcons have spots....good thing I only bought a few......I live in Canada and I rarely buy RCM bullion
     
  9. graydragon

    graydragon New Member

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    Supposedly the spot problem was fixed for 2014. I have had nine since the first of the year
    so if they aren't spotted by now why would they be in 5 years?
    Noticed your name ever play pro Foosball ? Im from Houston guys like bigfoot lofredo
    john smith
    www.youtube.com/watch?v=pAEkIg6j0QE
     
  10. SolidFOOSER

    SolidFOOSER Member

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    haha no never played pro foosball......just a name.....

    I was checking out some of my Canadian Bullion today and 90% of it has spots........wont be putting another dime into Canadian silver billion that's for sure....
     
  11. House

    House Well-Known Member Silver Stacker

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    Unfortunately there is milk spotting on the 2014's, looking at one right now. They can spot at any time so wouldn't think you got lucky just yet. Took my 2012 tubes 8-10 months to spot
     
  12. anighttrader

    anighttrader Member

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    If no spots after 5 years they are forged maples.
     
  13. BiGs

    BiGs Active Member

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    I can say that the top maple in my first open tube developed visible spotting in only a couple of days. Not the cause, but the more fine the surface, the more susceptible it is. Eagles have a mat finish and never spot. the slowly abrasive surface provides a barrier to external contaminants/oxidization. The typical capsule does not make an air seal. So capsules will only slow the process I presume. I will be experimenting with silica bags in open tubes to see if they make any difference.
     
  14. barsenault

    barsenault Well-Known Member

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    forget the experiments, and just buy perth coins. :)
     
  15. BiGs

    BiGs Active Member

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    Not until they also release an unlimited mintage legal tender coin. I'd prefer to not buy excessive premium silver. I'm investing in silver, not numismatics. I still buy PM stuff, but not in volume. I think that's silly tbh.
     
  16. yrh0413

    yrh0413 New Member

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    I have seen spotted kooks, koala, stock horse, sharks... PM bullion are not immuned to spots.
     
  17. barsenault

    barsenault Well-Known Member

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    I think I may have seen one with A spot. Not white snow plastered on the coin? Does anyone have a lunar or kook that is covered with snow stains, care to share pictures...heck even riddled with spots. I'd like to see one (serious inquiry). Thanks.
     
  18. yrh0413

    yrh0413 New Member

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    Google search returned 2 results from SS:

    [​IMG]
    Source:http://forums.silverstackers.com/message-231581.html

    [​IMG]
    Source:http://forums.silverstackers.com/message-391580.html
     
  19. SolidFOOSER

    SolidFOOSER Member

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    I have put my Canadian bullion straight into air-tite capsules....still spots....I have tried using silica bags in each capsule.....still spots.....

    Like said before its not a matter of if it will spot but when....

    I think I would rather buy those Pegasus rounds than SML. No spots, cool looking round, and cheaper premium.

    I don't mind ASE's but the premium is a little high over here in Canada.

    PM bullion is the best but the premium is really high
     
  20. yrh0413

    yrh0413 New Member

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    In Singapore bullion dealers buyback Maples, Eagles, Britannias, Phils at pretty much spot or slight premium over spot. Spotted or perfect coins they all command the same price as long as the coins are in good condition (no excessive damages).

    So most of the time local stackers just buy, hold and sell. But sometimes when dealing with new stackers/juniors they will hesitant to buy defective coins e.g. spotted coins.
     

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