Perth Mint Funnel-Web Spider silver bullion coin

Discussion in 'Silver Coins' started by AgAuNEWS, Mar 14, 2015.

  1. anonmiss

    anonmiss Active Member Silver Stacker

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  2. bad koala

    bad koala Member Silver Stacker

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    Airtites, and they were put in by very reputable LCS.

    Got a couple like that( not that bad though) but all my other coins in that box (kooks, koalas and brits) are fine.

    (un) Luck of the draw I guess...
     
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    That's a spectacular milk spot, even by Perth Mint standards.
     
  4. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    ^^^ If you're referring to the dark area, I think it might be a shadow over that part of the coin.
     
  5. silverreef

    silverreef Well-Known Member Silver Stacker

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    I think PM is competing with RCM to produce the fastest to milk spot award. More categories to follow. Lol
     
  6. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    They're catching up fast!
     
  7. fishtaco

    fishtaco Active Member Silver Stacker

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    Wish I didnt handle my FWS to take all them first pics cos mine from PB were better than most I have seen,they now call home the bottom of an airtight tube "unseen" with my RCM birds of prey and where they belong forever! lol
     
  8. barsenault

    barsenault Well-Known Member

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    yikes. way go Perth Mint. But it is a pure bullion coin, so who cares. It's a blob of sorts, right? I mean, about .79 over spot? anything more than that, than you got bamboozled. lol
     
  9. SilverBullet8241

    SilverBullet8241 New Member

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    I have some Crocodiles and one spider.
    It does look cheaper and not as nice as the croc.
    Yet another person with that sentiment.
    I won't be getting more.
     
  10. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Unless you are at a LCS - there is no silver at .79 over spot.
    Bamboozled?? Please...get real. lol

    Premiums lately have been redonk.
     
  11. Jim4silver

    Jim4silver Well-Known Member

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    Was able to pick up a Perth spider coin today (and a Fiji Taku) for $2.50 over spot (each). As much as I love Perth Mint stuff, the spider coin does not look as nice as the Crocodile (on the reverse). Even the Taku looks better than the Spider. But for $2.50 over, I would have bought more of the spider coins if they had them.

    I wonder who would have sold their spider coin to the local coin store this quick? Probably someone (a non silver bug) got it as a gift and wanted the money instead?

    Jim
     
  12. fishtaco

    fishtaco Active Member Silver Stacker

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    Just re shuffling my silver and couldnt believe how bad one of my FWS has got! half the coin has fully milked up like a big splodge even though its in a cap.

    Not sure about the sales figures for these coins to date but PM has really stuffed up on this one! Probably had them minted for them by RCM :)
     
  13. Antalon

    Antalon Active Member Silver Stacker

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    I have 5 of those buggers and all 5 have the exact milk spots in the same place. How is this possible?
     
  14. silversearcher

    silversearcher Active Member Silver Stacker

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    Yep..Perth Mint are making absolute junk in recent years. Kooks, Lunars can all be thrown in the mix of milk spots also. Hats off to PERTH MINT for making such crap. For Gods sake piss off and go to China and manufacture your crap there. Stay out of Australia if you can't make a good product. We don't need you here.
     
  15. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    I for one am going to be buying less perth mint silver and more generic as 95% of my silver is Perth Mint Lunar.
     
  16. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Perth hoarders would disagree with you. lol
     
  17. Fat Freddy

    Fat Freddy New Member

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    Those who've paid good money for Perth coins that developed spots wouldn't.
     
  18. Jim4silver

    Jim4silver Well-Known Member

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    Whatever is causing the milk spots in general (the coin rinse or whatever it is) seems to have proliferated in the past several years. None of my Australian coins has a milk spot except 1 saltwater croc (my 2 spider coins are fine now but there is time yet for spots to appear). Out of my Canadian Maples, none of them in the plastic sheets from the old days have any milk spots (at least on the ones I have), but once they started putting them in tubes it seems the problem has gotten worse. I had a few slabbed 25th anniversary Maples I got cheap and none of them were spotted when I bought them, now they are all spotted pretty badly.

    The local stores all carefully review any incoming Maple, etc and pay far less if milk spots, but that is OK because one guy then lets me buy them for $1.25 or so over melt if he gets them in, a bit more if it is a wildlife maple, etc. Someday if someone creates a cure that does not involve rubbing the coin, I will have a cool set of wildlife maples that are perfect that I got cheap. If not, it's still silver and that's really all I care about when I can get them cheap like that.

    Like posters have said before, I guess we can look at the milk spots as a sign of genuineness until the Chinese figure out how to "fake" that as well.

    PS Although it is not talked about as much, I have seen solid gold coins get funny red "spots" (American Buffaloes, Canadian Maples) and those would bug me more since gold is more expensive. I would understand red spots like that on the 22K coins or 90% gold coins (due to copper, etc) but not 9999 gold coins.


    Jim
     

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