Ever get MILKY Silver? Why does it happen and what can you do? #195
So you have some milky silver? Lets discover why.
First off, milk spots suck. I have alot of stuff that has turned milky, some having the smallest single spot to others creatures practically covered. It has appeared to happen more to coins that I had purchased in tubes are maybe its just my own bad luck.
Why is some of my silver stack covered in white spots?
The milk spots are essentially prepared in cleaning cleanser. Milk spots are caused when the mint's washes the .999 silver blank round. The cleanser that the mint utilize's does not get legitimately flushed off the round before it is put into the toughening heater. As the round gets warms up to temperatures of more than 1000 F, any extra cleanser is heated into the surface of the round. The substance response caused between the cleanser and the .999 silver clear can take days, weeks, months are even a very long time to rise to the top and ruin your day.
What mints are destined to create milky bullion?
From my experience, there a many. The Canadian mint the most exceedingly bad, all that I have from them has milked. The Somalian elephants stamped at the Bavarian mint in western Germany have a high milky rate. The vast majority of the stuff I purchase from the Royal mint here in the UK has a high milk spot rate, I even have a 2014 panda indicate 2-3 little spots. I don't own any eagles however have known about them turning too. Its genuinely appears that no mint is sheltered. From my experience, the main mint that is by all accounts impenetrable is the Perth mint. The nature of their bullion is second to none. Additionally simply the include, none of any of my rounds/bars, SBSS are scottsdale stuff has ever spotted.
What do milk spots do to the value of my bullion?
Its no good thing, that is without a doubt. It truly relies upon what the bullion is. Stuff like maples, falcons, elephants, feathered creatures of prey arrangement, britannia's are not so much top of the line bullion, you will lose a tad on resale. I have seen coins secured offering on eBay at typical costs. Be that as it may, in the event that you are purchasing stuff like MS evaluated/confirmation/high reliefs ect, you have an issue. Having milk spots on these sorts of coins has huge negative effects on the resale. Most stackers I think in this circumstance would check the coins down to misfortune and price them at nearly bullion, still somewhat premium to finish everything.
For most stackers when all is said in done, they will lose a lot of significant premium. Its not most pessimistic scenario, I would take a milky coins over a scratched one's anyday of the week.
Is there any fix for this
To get directly to the point, no...., not by any stretch of the imagination. There are a couple of strategies you can attempt, some work for some time and others just dont. They incorporate jewarey wipes, heating powder in warm water, coins cleaners and concoction natively constructed blends. , I am certain there are part more yet nothing I tired has ever worked, most things really harm the bullion be rubbing it with garments. The best thing I have ever tired is an arrangement white elastic, some you find on the finish of a pencil. It sort takes a tad bit of the sparkle of the coin, yet looks better after.
( Video by D Rutter on youtube )
What I might end up doing....
I will either convert mine as bullion to purchase gold if the GSR is decent are send them some place to be melteddown into bars are something decent and sparkly. The following is about portion of my milked stuff, this is simply from tubes, I have heaps of maples, brits, different elephants, in my quadrum cases and im excessively sluggish, making it impossible to uncover them.
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I've not noticed any milkyness on mum's collection but then I never really looked hard. Perhaps I'll give them a good inspection.
If Clif High's reports come true, then Silver will become too precious/expensive for currency as it will be required in current and future technologies. In this case, as it will be melted down/re-processed I assume the aesthetic value of the coins will not be a big concern??
Is that sound thinking or wide of the mark @silverstackeruk ?
I bow down to your knowledge and experience
"We're not worthy!"
"We're not worthy!"
LOL ;)
If silver's main use in the future is for tech and the prices follows that trend, then premiums are just icing my friend. One thing i noticed around brixit time in the uk was that premiums were a higher percentage when spot was lower and a smaller percentage when spot was higher. If you follow that logic, then your thinking is sound and selling for silver spot is the exit selling plan :)
My knowledge comes many wasted evening's on the PC instead of playing with my silver stack, haha.
Cheers bud, glad I'm on the right track ;)
I flat out stopped buying coins from the RCM. I rarely buy British coins and Somali Elephants because of milk spotting as well.
I pretty much the same, i stopped all RCM coins, i buy 1 tube of brit's and x5 elephnats every year to keep up date runs. Perth mint all the way
As yet ive not had any issues with milk spots, i think i have 1 canadian bird of prey with a small spot on it but for bullion ounces its not a concern. Most of the premium i buy is antique finish so little chance of spoiling, i would be upset if my 2014 proof britannia had any blemishes but i would stil love it.
I had 1 NGC ms69 UK lunar sheep go milky on me. I hope/prey your 2014 proof stays good
Wow very interesting post. It is very unique one I have seen and I must I am impressed by your writing. Nice post!!!
Thank you for the nice comment. Most of my writing is rushed and i type like i talk but other times, i will take my time and do it properly. This is actually a rewrite of a post i did somewhere a while back. I wish now that i had started fresh as i would have been quicker. haha
Yay that has answered a question for me about those spots. If all the mints have this result, doesn't that make it a more even playing field if it comes to reselling? Won't nearly all the coins have some stage of milk spotting? Also how come the mints aren't doing a better job in rinsing off the cleaner before baking the heck out of the coins? Sorry...way too many questions. Great post and great information. Thanks
Its very hit and miss and because sometimes it can take years for milk spots to appear, it best to store them for long term hidden away in the dark with no air flow. As for the resell, i have seen milky coins sell on eBay for the regular price's on good days. I have no idea why the mints are not doing something to cease this from happening. Surely it would be a simple re-rinse and move on. Its maybe not as easy as that but why is it not?
No problems, only 3 questions buddy. Thank you for reading and commenting on my post.
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