Hey there, someone offered me $320 for 5 NGC MS69 2011 Panda's. The problem is he told me there are white spots on it. So my question is, 1) Is this a common issue and unavoidable? 2) If I do get a slabbed panda without any milk spots, will it form sooner or later? Is it unavoidable? 3) Will it affect the value? Your replies would be most appreciated
1a) Yes, it is fairly common on newer Pandas - since they haven't had the time to develop whitespots when first graded. 1b) Not really avoidable. 2) Not all Pandas develop milkspots. I've seen the earliest Pandas without milk spots. 3) Yes. There is a larger market for milkspot free Pandas. But that being said, even spotted Pandas do better than spot/bullion price too. I've seen OMP 1995 MD Silver Pandas being sold for near $1000USD. Tip: Buy the coin, not the grade.
NO NO NO IMHO, some folks believe it ,imho it is hogwash ,milkspots develop from cleaning fluids used to clean the dies pressed into the coin,these ever so slight impurities rise to the surface of the coin after a while sometimes creating milkspots,that is why they sometimes just appear on a coin that was fine,imho you can rub anything you want on the surface of the coin and it wont stop it ,ncs in SOME instances can diminish the appearance of milk spots once they form ,just my opinion here, you waste money sending a coin to ncs ,that is perfect to start with , if coin has pvc damage ,toning,grime ,fingerprints, in the case of gold, copper spots, stains ,etc ,or if you just want to brighten the appearance by all means NCS is a great service,preventing milkspots from forming ?? Imho no way no how
Hmmm, so milk spots are unavoidable and there are chances in the future my perfectly okay coin can have milk spots So if I do purchase these 5 slabbed panda's with a little milk spots on them, won't it get worst as I keep them along the years? Cause I reside in Malaysia and sending it to NCS or NGC is really, I mean really expensive especially the postal fee and exchange rate. So yeah :/
Milkspots are "generally" avoidable on older graded coins - harder to predict with newer Pandas. Some milkspots don't get worse with time... some do. I have a lot of milkspotted coins... these are forming part of my bullion Panda collection ... and also my "fire sale" collection Pandas [Some people are happy just forming a full Panda collection... I use to be one of them; but now i'm after quality]
Oh okaay So what can you do then if your MS69 slabbed panda's are milk spotted? Just leave it as it is and hope to God it doesn't get worse?
I have many philharmonicas with white spots on them, it's terrible. It's akin to buying a new car with magic bird shit all over it that doesn't wash off. Grrr
Yep, not much you can do when that happens. Nevertheless, a slabbed whitespotted coin is better than a OMP whitespotted coin.
I hear that a jewellery cleaning cloth or a very soft rubber will remove whitespots.. don't try this on Pandas, it's only good for phili's or other coins that are only worth their weight in silver
Yeah, heard good quality erasers also work (Faber Castell) but if you're not experienced, there will be scratch marks on the coin.
LOL.. I just realised the word 'rubbers' has a different meaning in some Countries. I'll stick with 'erasers' in the future.
Oh cool, will try that when I get my panda's Okay, so any other preventive measures to prevent milk spots on slabbed or OMP pandas?
You can try gold coin. Btw smokymcpot, silver coins attract a 15% tax (sales+import) for invoice amount above RM500 if custom ever open the parcel. They did it on nearly every single EMS parcel. These days the custom are pretty smart and aggressive. Gold coin is not taxable in Malaysia.
Is a old discussion. But i never ear from a ncs panda after develop milk spots. But allways are a first. For now i prefer ncs than ngc only