Everything You Need to Know about Ugly Silver Milk Spots
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- čas přidán 28. 06. 2024
- What are silver milk spots? What effect do they have on the price of silver coins? What can you do about milk spotting on your silver? In this video you learn everything you need to know about ugly silver milk spots. I bought 19 silver Britannias and more than half of them were covered with varying degrees of milky white spots-milk spots. I don’t know anyone who enjoys the sight of milk spots on their silver coins! I also discuss what causes milk spots and which silver coins are susceptible to milk spots like the silver Canadian Maple Leaf, Austrian Philharmonic, South African Krugerrand, Chinese pandas, Australian Kangaroos and Kookaburras, American Silver Eagle, and of course the silver Britannia.
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Topics Discussed: silver,milk spots,what causes milk spots,precious metals,silver eagle,silver maple leaf,Britannia,silver bar,silver rounds,buying silver,silver coins,silver price,spot price,silver bullion,silver dealer,silver value,numismatics,silver tarnish,monster box,bullion coins,bullion dealer,gold,silver premium,constitutional silver,junk silver,debt,currency,economy,stacking silver,wealth,silver stacking,invest,investing,investing in silver,how to invest
#Silver #PreciousMetals #MilkSpots
I heard that if you don’t give Yankee a thumbs up 👍, your silver will milkspot.
I SHOULD HAVE SAID THAT! 😂🤣🤣
They also happen if u give him a 👍
This is true
Were doomed
😂😂😂 just learned the term and I’m rolling
One thing you said I specifically liked. "Silver is silver". Great video Yankee.
Just picked up ten heavily milk spotted Maples from my LCS for $26/ea. all 2009-2012, he had a whole tray of them at least 50 of them, selling them for same price as generic rounds. I will take them over generic every day for the same price.
I hate looking at the milk spots so I won't put coins with milk spots on my desk to look at. I'm perfectly happy to throw them in a tube and count them as ounces I own, though. They may be worth less than silver without spots, but they're still an ounce of silver. Thanks, Yankee!
I too, hate milk spots on my silver coins. I keep my silver in a cool dry environment to try and keep oxidation to a minimum. Milk spots ARE a fact of stacking life, though. If I can get a great deal on spotted coins, you bet your ARSE I’m going to take it.
If a dealer is just going to give just a little over melt value... Why not just stack rounds or bars?
is melt value the same as spot or lower?
@@stevestevens502
When you are talking pure metal, then the melt is the same as spot.
Melt value is mostly used when you are talking scrap jewelry where they need to calculate the amount of actual gold in it, then they give melt value based on spot price.
But if you are talking a silver coin that's 999 pure.. Melt value is same as spot.
Milk spots, toning, tarnish or patina...
I don't care if it's on my generic rounds and bars.
1oz of .999 fine silver is all that I care about, especially if the price is right.
Great video! In the last batch of 2022 Britannias I bought, about 20% had varying degrees of milk spotting - some were pretty bad! It was disappointing. But to me, it's bullion, not numismatic, so I prefer to eliminate or minimize them. A jeweler's cloth took care of them easily, and you can't tell it to look at them. I know there are micro scratches (I looked at them with a scope), but they are minor. I figure, anyone who looks at them with a loupe and dings them for micro scratches would certainly ding them for milk spots anyway! This way, at least I can look at them and enjoy them. The mints need to do better, though. It shouldn't be rocket science to clean the borax residue off the dies before striking a run of coins!
Is a jeweler's cloth like a micro fiber cloth that are used for glasses, or does it have some kind of silver polish on it? I'm not familiar with a jeweler's cloth.🤔
@@americanpatriot6918 It's a soft felt-type cloth, lightly impregnated with a fine abrasive, or "jeweler's rouge." You can't really even see it or feel it. Very easy to use. I got mine from Amazon. NOT for numismatics or collectors' pieces, obviously. It's much less damaging than an eraser.
@@jeffnelson1672 Thank you!
Just watched a video about milking it happens on coins from all the mints more than fifty percent of the coins he had were from Australia America and Canada as well as the Royal Mint, how he removed them was with a smooth Rubber eraser and yes he said it can give you Micro scratches but these should not devalue them any more than milk spots or finger prints
@@denis9450 A jeweler's cloth will remove milk spots and cause less-noticeable damage than an eraser. Check strat959's comments and mine above for details.
Very interesting, I always wondered what caused milk spotting.
I seen a guy on CZcams do a cleaning with some sort of silver cleaning cloth. It gives a distinct type of sheen. Ironically I’ve seen the same sheen on coins I’ve gotten direct from bullion dealers. I do believe that some bullion dealers will clean coins.
Yep and before you sell just clean them with the cloth
I've been discovering hatching milk spots when I inspect silver tubes every 6 months. Removing the small milk spots using a common Staedtler pencil eraser is proving successful so far.
What's a Staedtler pencil eraser, and where can I get one??🤔
@@americanpatriot6918 It's a typical white rubber eraser for pencils, Staedtler is just a high end german brand, you may find it at any school or office supply store.
@@loboplateadostacker Oh great, thank you.
It sounds to me as if this is partly an oxidation problem. If you keep the coins in a capsule then you should expect the coin to stay spotless.
Handling coins even by the edges or breathing on them or keeping them in paper wrappers will lead to fingermarks developing or uneven oxidation.
Does ammonium hydroxide solution remove the spots. If so this indicates it is monolayer silver oxide but you will remove the silver and the solution will turn blue.
Rubbing with a cloth or eraser is a big NO NO for me as you leave scratches which ruins the coins.
Old silver coins were not so pure and we got the beautiful toning due to the copper in the silver.
With the move to purer and purer silver the oxide layer is now more white than blue to black.
On one video we see heating where oxidation increases a thousand fold and you can see the milk spots developing all over the coin.
Even gold coins can suffer from spotting due to copper in the gold.
In short any pristine metal coin is subject to discoloration from the atmosphere.
Coins in circulation will naturally have this oxidation removed during normal handling so just exhibit normal wear and tear only.
Finally damp conditions are the absolute worst and while most homes will be dry, I suspect large premises where heating is a problem may result in more spotting due to slightly damper conditions. Hence the tip to keep dessicants to protect or try to protect the coins.
Thank you, Yankee! As you mentioned, there is no better proof that your silver is the real thing.
I think silver rounds have never ever given me any problems with spotting, but govt.-backed coins like the Britannias or Maples are a headache in terms of milkspots. I've never ever seen spots in Krugerrands or Mexican Libertads. That might be something positive about them, but still do not justify the big premiums.
I got a brand new silver Kruger with a touch of spotting. It happens to them too. Can't comment on the Libertads, need to get some! 😊
That was definitely very interesting I had no idea what caused milk spots. Thanks Yankee !
Excellent video! I've been wondering about these exact questions. Thx!
I wondered what the heck those few spots were on my buffalo rounds!! Thanks for the info. Happy I found your channel.
I was surprised to learn that milking has nothing to do with handling, since I have some coins where I can literally see a handler's fingerprint imbedded in the milking pattern.
Milk spots won't mean too much eventually to people when they can't find silver at all trust me they'll take milk spots eventually no problem😎💫
I've only seen them on maples. I buffed them out with a harbor freight buffing kit and they've been fine.
I use Jewelers Rouge on a plush, Lens Cleaning Cloth soaked in Hot Water with Dawn liquid soap. It works well and removes Milk Spots with very little silver removed.
@@davemi00 Lessens the grade of your coin
I hate milk spots but I've never had a issue selling them to an online dealer. Apmex, SD & JM Bullion only ask for the name, year and type of the metal. Condition hardly ever comes up. At least not with bullion. Local dealers are great and it's cash in hand but an online dealer is more reliable in my opinion as they will take anything.
Thanks for the video!
I love the newer silver Canadian Maple Leaves. No Milk Spots. Security features. 4 nines silver. Sovereign backed.
Good too know! I just bought several tubes of 2023 First30 of Silver Maples. Should have them next week. I won't even open them to check them out. Lol
I love them as well I had a little funds to start my silver maple leaf journey, I started with a tube of 2023, I hated the milk spots also, I had new 2023
Austria philharmonic
milk spots in the tube
a month later?
they do tone on the rim tho...i have some like that
Thanks for the info
Very good info.
Maples are the best coins ! Since 2018 I haven’t seen a maple with a milk spot .
Whatever you do, don't buy Britannias. Their manufacturing process always yields spots.
Milk spots … the built in guide to authentication of Canadian coins!
I've got a whole tube of Canadians, (different coins) that are spotted. Couple of weeks ago found a 2 oz proof Libertad with a spot that can't be missed. Cried over that.
Thank you Yankee
Blessings 👍😊❤
Well done!
I have been going through digital detox,😒🙄 I still enjoy your posts.
Glad to hear that the spotting doesn't affect the value of the metal in the coin. Premium, meh not worried. If I have to worry about premium spread when I sell, then I'm selling too soon and too low. #tripledigitsilver
Great video!
I personally never protect my coins, I know I know but hear me out, the absolute peace of mind is priceless.
I consider milk spotting a manufacturing defect and all mints should improve their manufacturing processes. The coin dealer told you he would pay less for a spotted coin and understandably so. It's like finding out a luxury car maker did a crappy paint job. I really do appreciate your getting to the bottom of a mystifying phenomenon.
Thanks for watching, Lee! And yes, it is a manufacturing defect!
Maybe milk spotting will be a collectable feature in the future. Like a manufacture defect
Thank you "Yankee Stacking Mythbusters"...!
Love your emotion with de ugly coins🤣🤣❤
Ty
A good quality jeweler's cloth is surprisingly nice. Done it with maples and Britannias. It won't do the rims at all. These coins I work on I consider as bullion and not numismatic.
Love your videos! And hey! I got the coins and pocket pinger I won as one of your prizes!
🥉
Sweet!
Yankee your the man😊
Thanks for the info. I wondered if some of the marks might actually be finger print damage?
You got those for spot?! Nice work!
I purchased 300 2021 philharmonicas. I opened one tube and it was mostly spotted. Newer maples and bars and rounds is all i want to stack.
I had lots of milk spots on my kangaroos, I did clean them up with a normal pencil eraser. Works quite nice. But like you said it in your video, I would never do that on some more expensive coins.
Can you please do a video on whats taking place with the financial system in China currently.
Great video thanks for the information
Personally milk spots don't bother me, as long as it is real silver.
Just proves it's real
Sadly one of my first Silver Eagles came milk spotted. 😞
Great video! Many questions answered here. My one and only tube of eagles is rife with milk spotting, but that's why I got them so cheap
Oh, I can't stop laughing. I guess this is why the bullion wholesalers talk about "Dolly Silver." Do you display it next to your Chewbacca and Lego Falcon?
Like the mini monster box, I have my cull eagles in one of those. SD makes great stuff, milk spots is really a part of stacking don’t you think so. What stacker doesn’t have some spotted silver I just stack them separate.
Next time, try using ketchup to remove the spots. Put the coins in a plastic sandwich bag and cover both sides of the coins with ketchup. Seal the bag and let it sit for a while. Then rinse the coins off with warm, not hot, distilled water. The spots on my Silver Eagles came right off and left no scratches whatsoever.
I've tried special spot remover for Silver coins with mixed results.
It might be because ketchup has vinegar which is acidic, probably okay as long as it’s completely rinsed off.
Borax is used in the Refining Process.
Good informative video. I just bought ten 2023 silver Britannia of King Charles III. Nine were good, one had a huge milk spot covering half of his face, darn. I'm contacting the dealer to send it back for exchange.
RCM is notorious for milk spots
They sure are, as I said in the video. But since 2018 and their mintshield technology things have gotten a lot better!
Have you tried ash on the milkspots?
I haven't tried it myself but was told many years ago that is was very good for cleaning silver.
Canadian Maples are the worst for the milk spot issue. They shouldn’t demand such a high premium at the mint until they fix the problem.
I saw that some Chinese counterfeiters have been copying flaws recently, I would not put it past them to copy milk spots.
Great topic Yankee!
Good insight, thanks Yankee
It’s one of the many reasons I got away from paying premiums on many of these Government issued bullion coins. I stopped purchasing them years ago. It’s a shame with the RCM as they have so many older beautiful pieces. I won’t purchase any of them. Royal mint is the worst with milk spots. Kangaroos are horrible too. I’ve never met a dealer that will pay you premiums on milky coins. My advice is just don’t buy them unless close to spot.
yeah that's exactly the thing, no point in buying those coins in the first place when milk spots decrease the selling price in the vast majority of cases and turn the premium you paid into nothing despite your best efforts and there is nothing you can do to avoid them. probably better to just stick with junk silver where nobody cares about its condition IMO
They tend not to happen on proofs and “collectible” coins from rcm. It’s just the bullion that spots. At least from what I’ve seen and have
If a lcs says milk spots lowers the value of silver bullion find another lcs.
Nice I don't own any yet but soon I will.
We've all been wondering about "spot" price lately.
Good point that it can take years for milk spots to show even if you place your coins in sealed capsules. The coins have already been exposed to oxygen at the mint, so the damage is done.
I've got 100 Britannias and 100 Kangaroos- all still in the sealed mint tubes they came in.
All my silver Britannia’s have milk spots, which is why I only buy them in gold now 😝
Maybe milk spotting will be a collectable feature in the future. Like a manufacture defect
Did you know that South African Krugerrands are minted in the US? Fact, they are minted by Sunshine Minting...
I just bought 10 of the SD bullion 10th anniversary rounds and half of them are milk spotted. Kinda disappointing but I still like them and I got them for a great price.
I use Wrights silver cleaner on my bullion. Removes milk spots with just a wipe of the sponge.
Silver Krugerrands are famous for having a lot of milk spots. Maybe they have solved this issue in the meantime, but the risk was too high for me to buy some. I mainly buy Austrian Philharmonics, all others I just bought a some couples each,....only for collecting purposes. Best regards from Austria.
Bars and rounds man! If you gotta have a coin then spring for a recent Maple.
That's one reason I dont buy the queen. The other reason is I don't like her mug on them.
I have to agree with 99.9 percent - haha. The biggest offender is the Royal Mint - living in the UK, it makes exchanges a little easier - but the last time I had a royal rumble with them, I concentrated more on trying to get them to fix the issues, rather than replacing the silver. What's the point of returning tubes of silver if the replacements will be just as milky?
Also, just for a chuckle... Those of you who are using erasers and find the level of scratching acceptable.... when is the last time you paid a visit to the eye doctor? Kidding of course.
You did inspire me to do a video - I get lots of questions about milk spots and toning and the difference between the two. A good "show and tell" is always fun.
Keep it up.
If I can’t writhe my hands around in my silver and gold like Scrooge Mcduck then I don’t want it. Bring on the tarnish and scratches! It’s just going to get melted anyway.
You would think all the mints would start using Mint Shield to cut down on milk spotting of their products.
IKR?! But it is proprietary with the Canadian royal mint.
Yankee did that mini monster box come with the tubes to put in it?
Ya
I had a silver Britannia delivered yesterday by the royal mint, it had two large areas of milk spotting on the Head side. I know the Canadian maple after 2017 don't seem to have this problem, it's just a minting issue.
What about tarnish on the coins? Does that affect when you want to sell?
How do milk spots effect 90% silver? 90% silver seems to have wear and tear, and still has a higher premium than most bouillon coins.
I personally think that milk spots are superficial right now, and it's an excuse for people to want to pay less, but when it comes to 90% for some reason they don't seem to care.
Wonder what would happen if one was put into a sonic cleaner ? We have one at work for circuit cards. I’ll have to try it.
how did that work out?
Took a looky loo at my Brittanias I bought some time ago, go figure, most are milky, bummer
At least you know that it’s not a counterfeit maple. Scammers are unlikely to deface their fake product.
nice name
@@CyrusOfNaias thank you, I’m glad you find it… acceptable lol
Pretty much, it isn’t a Brittania if it doesn’t have milk spots.😂
Yup. One of my final points in the video.
Milk spots as a mark of authenticity is a silver lining on the milky cloud!! 🤓
I have 1 Britannia which had milk spots, I heated it with boiling water then sandwiched it in between aluminium foil and loads of bicarbonate of soda before pouring boiling water on it.
After a quick rinse it was as good as new, hopefully it won't return and I'd rather have micro scratches than ugly milk spots.
Milk spots are just another security feature!
I have about 60 milk spotted coins they're britannias and Maples. They're all extremely clean except for the milk spots and I got them about $2 less than no milk spots
Brand new stacker and I’m stacking britannias would you recommend keep stacking it since rounds and britannias are around the same price?
I would get Brits for the security features
Buy straight up bullion for stacking. There isn’t an economical reason to pay a premium for government issued bullion. When silver hits $40, you will get spot for most. When it hits $50, you will get spot for all. That doesn’t mean don’t have fun picking up the occasional ASE or Perth Mint beauty.
Does milk spotting affect the price of generic rounds too?
Depends on the round, who is buying it. Great question.
milk spots are a security feature. If you dislike them though you can use a brand new eraser to get rid of them
It’s almost like you didn’t even watch the video. I mentioned both those things. 😂
@Yankee I found the BEST way to get rid of milk spots! NOW, it can result in tiny microscratches so I wouldn't send it in to be graded, but IT WORKS and the alternative is to just accept the milk spots... so not much to lose anyhow. But here's what you do. Get a nice rubber eraser, preferrably white and make sure it's clean, then simply, gently, and slowly RUB the milk spots away with the eraser just the same as you would pencil marks. Rinse the coin. Dry it. And Viola! No more milk spots! Works like a dream!
Awesome! And exactly what I mentioned in the video. 😆
Yup! Lol heard it after I left the comment.
Try using ketchup to remove the spots. It took the spots off of my silver eagles and left no scratches at all. You soak the coins in a plastic sandwich bag for a while, then rinse clean.
I love that opinion "they don't make counterfeit milk spots" haha.
Yea I just bought a beautiful African Lion silver coin from out of town and the day I got it home, MILK SPOTS! Got it for spot price so no loss here but it is unfortunate to see such a pretty coin messed up. It's even more weird that with a limited run coin like that that they wouldn't make sure there's no issues. Id understand if your making 10,000,000+ coins but on limited run items, laziness is the only reason they would have borax left over on them.
Yankee: I'm not going to stack a whole monster box of Britannias.
A year later
Yankee: I never imagined I would stack a whole monster box of Britannias, but I did.
Lol! Sometimes we must change our “strateegry”!
NEVER!!! 😂😂🤣🤣
Just soak them in bicarbonate soda for a few hours removes all milk spots and finger tarnishing then pat dry
I have a few tubes of 1984 Canadian Maples. Quite a few coins are infected... will that cause it to spread to other coins in the tube
Got 6+ ASEs with milkspots.
4x 2021 Type1 ASEs & maybe 3 others in a tube but all of them are only on the Reverse. I got a 2022 Britannia, no milkspots, not yet anyways, still waiting on those extra security features. 😂
What about the ultra sonic cleaner? Yankee
Silver gets its milkspots from the Queen
Is it true that coins by Perth mint and Royal Canadian mint do not get milk spots? Or is it, less milk spots then other mints?
Is there a way to store gold and silver coins to maintain their shininess?