Milk Spotted Silver Coins - Does Milk Spotting Affect Value?
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- čas přidán 30. 06. 2024
- In this video I talk about milk spotted silver coins. I explain what milk spotting is, how silver coins get milk spotted, how milk spotting affects value, and how to remove milk spots from silver coins. Milk spots are formed on silver coins during the annealing process before the coin is minted. Milk spots typically will decrease the value of your silver coins compared to their non-milk spotted counterparts. Milk spots on silver coins can be removed using the following cleaning method:
How to Clean Silver Coins:
• How to Clean Silver Co...
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Topics I cover in this video: milk spotting, milk spotted silver coins, remove milk spots, milk spots on silver coins, what are milk spots, why do coins milk spot, how to avoid milk spotted coins, coins that milk spot, milk spotted silver coins, milk spot silver coin, milk spot silver, milk spotted silver, milk spotted silver coins
SO that’s how they occur! Saw Backyard Bullion’s video on cleaning a gold coin of its copper spots last week. Been an informative week. Thanks.
i’m glad to help and you are welcome 👍🏽🔥🐉
Whenever I hear ‘milk spot’ the first thing that comes to my mind is the Maple Leaf
😂😂😂😂😂😂😂😂 so true 🔥🐉
My Maples are okay, i've been getting milk spots on my Kangaroos
I've got then on my kitchen table
Tell me about although some of my 2021 Britannia’s have starting showing some now as well
I literally came here because I discovered some on my 2016 maple leaf lmao!!!
I have always kept a lot of desiccant in my storage. Over the last 6 years have never seen a spot. However any I have set aside to melt I have seen it a couple times from sitting around. Keeping them all in with the dehumidifier/descant has always been a winner for me. I have put a couple of Perth rounds with one in capsule only and another in with desiccant. 2 years now and minor spotting with capsule only.
yeah I love melting the spotted coins 😂🔥🐉
Thanks for the great content! Just started looking into silver investments and as a Canadian I’ve found your channel highly relevant in expanding my knowledge.
🤟🙏
I suggest the Connoisseurs Silver Jewelry Polishing Cloth. I've used it on my silver rounds and it's wiped off finger prints, milk spots, and even diminished surface scratches. Made my bullion look like it was just minted. I don't know why this isn't common knowledge. Many people suggest all kinds of liquids, or using erasers, and erasers actually leave very visible surface scratches (I've learned that the hard way). I highly recommend the cloth. It has two cloths in one. The lighter colored one cleans the silver, and the darker one polishes it. Makes it look like brand new, and no visible surface scratches whatsoever.
Your videos are incredible helpful and you are truely one of my greatest inspirations. If it weren’t for your channel, I wouldn’t know half the things I know about precious metals today. Thank you so much for all your incredible content that has led me to create my own CZcams channel. You are an incredible creator so keep up the insane work! Best of luck with your precious metals investments through this tough time!
Investing for Kids you should check out Guido Stacking that’s another great channel for information
thanks my friend! 🔥🐉
Another great video. Lots of very useful information. Is liquid jewelery cleaner usable for cleaning milk spots?
Very informative video. Thanx.
you are welcome thanks for watching! 🔥🐉
Love the channel man! You help so much 🤘🏻
you are welcome my friend! 🔥🐉
One of many reasons all I buy is circulated constitutional and 10+ ounce generic bars. You’re buying the silver, not a collectors item.
yes junk solver is awesome and who cares about condition as long as they are not that slick 👍🏽🔥🐉
Silver Dragons If it’s got a full date that’s good enough for me
My ugly milk spot coins will be the first ones I use for supplies when SHTF! 🤙 great video SD
lol yep first to go 😂🔥🐉
what I did was to dip my coins in a cup of milk and my milk became more valuable.
😂😂😂😂 yes colloidal milk is valuable 🔥🐉
I used a magic eraser on a cull coin just to see. It worked great!!
Did it scratch it up preety bad?
🗽🇺🇸
I did that but you have to use clean rubbers and to it carefully or there will be very bad scratches on the coin.
@@triglyceryde4439 Next I'm try the dishwasher....lololol...JK.
@@tommcstacker4216 not much just don't push hard and use a brand new one
yes I have heard that as well... 👍🏽🔥🐉
The baking soda method has never worked for me. I have had luck using a clean, white eraser, but it does leave micro scratches. Still better than fugly milk spots.
if you try it exactly like I do in the video it will work.. literally made mine SPOTLESS 😉🔥🐉
The collectibles have been hit with enough milk spot issues to limit excitement ... Germanias, Queens Beast. Perth has a better reputation than most even though that is the one you showed.
I know perth usually is good 😂😂😂🔥🐉
Hate to see Pirth Mint coins with milk spots. Canadian coins have always spotted but now they have the “mint shield” which is suppose to prevent milk spots.
yeah the mint shield seems to be working so far 🔥🐉
Milk spots is oldschool security feature from CRM ... until 2017 ...
Do you know if using your torch on them before the point of melting, will the milk spots disappear?
idk but i’ll try it 👍🏽🔥🐉
I would not pay spot for those.
I would pay milk spot.
Good video.
lol i’ll pay milk spot all day 😂🔥🐉
If you are stacking silver, put the coins in a tube, they will still be desirable when you sell them years later so it does not matter. I would never pay for grading as per your example. I also have other issues with slabbed coins such as if the bar code got damaged and scratches on the slab. Also stick to coins that do not milk spot (or as much). I find American Eagles are good like this.
yeah some eagles spot but they are good for the most part 👍🏽🔥🐉
Went through my Maples dating back to '88, no milky, but some edge toning. Guess there's still time.
Also Black Carbon spots on coins can lower the value too! You see a lot of that on Morgan Silver Dollars! Black carbon spots are more noticeable than milk spots!
yeah very ugly 😬🔥🐉
That was from the minting process as well?
I have a tube of 2016 Maple Leaves privy and there are no milk spots on them, in fact they still look brand new. Does it matter where you live?
no it’s pretty much luck of the draw as far as I know 🔥🐉
If my usual cleaning chemical doesn't work, I simply use more deadly chemical compound which may create holes on floor - but silver will be pristine clean.
😂😂😂😂😂😂 what compound is that? 🔥🐉
@@SilverDragons47 mostly Hydrochloric acid.
would a clean silver round be worth more than a milk spotted Maple leaf when you go to sell?
I know a guy who knows a guy that used a jewelers cloth to remove the milkspots from his precious silver. 😇
yes I have tried that as well 👍🏽🔥🐉
do anti tarnish strips work ?
camelpissflavour not at all
Yes and No
if you buying at a numismatic / collection - yes
as a investment/ preper - i would say its not a big deal
I've heard that milk spots only really impact negatively on the value of collectibles.
I use Enzyme and it instantly disappears. Enzyme cleans/eats blood. It’s used in health care to clean instruments. I will make a video soon and show.
please send me the link when you do 👍🏽🔥🐉
Would milk spot migrate from one coin to the next within a tube?
I ordered two 10 oz Stacker bars from the Scottsdale mint and I was so disappointed that had a large amount of milk spotting.
That sucks that happend.. but at least you received your order from Scottsdale 🤷♂️
wow that really is a bummer 🔥🐉
Was milk spotting always around with maple leafs going back to the 80s?
yep and lots of other coins as well 🔥🐉
What about cleaning with steam or Sonic cleaner like jewlers have? Does a steamer leave micro scratches?
it would probably work 🤷🏽♂️ never tried it 🔥🐉
👍⚪👍☑️ thanks for the information on milk spotting ✴️🔥🎇🤑
:O Didnt know silver coins did that
At this point I just buy maples as cheap as possible. My LCS sells them all day at $1.25 over spot no tax which is cheap in my opinion ive found a good amount of really old ones from the 90's there too! at $1.25 over I can remove the spots and in my opinion milk spotted and cleaned are worth about the same.
Where is your LCS?
wow that is a great deal! 🔥🐉
Now We Ride just around the bend
@@ThePlatinumBeast 🤣🤣 mine is right over the top of the next hill! 👍
To me this means that the coin actually has a numismatic value, if you were just buying silver it wouldn’t matter, but I agree I buy all my bullion coins BU my thought is if I ever want to sell the coin it needs to be something someone wants to buy
i wanna be able to sell them for the most I can.. some bullion has LOW numismatic value 🔥🐉
I bet that spotted dragon coin is worth about $200 now idk but I like it
Does all silver get milk spots then?
The easiest way to clean any silver is ammonia. Deep it in it ,and in few seconds it's bright ,and clean,and shiny . 👍
I soaked it for days... 🤷🏽♂️🔥🐉
@@SilverDragons47 that's weird . What is the percentage ammonia you bought? It seems like you have 4%. I did clean silver in 10 %.
Ok. I know one more way. Two caps of water bring it to boil add two tea spoons of baking soda drop silver and boil until you see it's clean. Worked for me . I had a coin and necklace got dark , so it cleaned shiny.
I got all kinds of 2017 - 2018 2012 2014 you name it I've got the silver Maples none of them have milk spots they all look flawless
Love you and your channel so there take that. Lol
thanks 😏🔥🐉
I wonder if the Canadian Mint has ever considered a one-for-one exchange.
They tell you they're bullion. So your on your own.
they don’t care.. they have publicly stated that 🔥🐉
Just more evidence that CML is superior to ASE. The milk spots act as an additional security feature to authenticate older coins ;)
😂😂😂 hey some ASE milk spot as well 🔥🐉
Bought a full tube of Silver Maple Leafs on-line and everyone had milk spots.
Have canadian wolfs a tube they all have it . Bought recently maples 2011 and so far none
@@papaxxbear I remember how Canadian wolves fetched a hefty premium for a while (~$30 above spot) then once everyone found out there were milk spots on the wolves it became barely above spot price.
😳😳😳
@@proof4469 haha yeah i bought them 6months ago when i started stacking ... For a good price but as a newbie didnt have any knowledge . I learned alot so far
yep so sad 😭🔥🐉
You can use electricity to clean them😊
Milk spotting is the only reason I do not yet own a Canadian silver maple leaf coin.
the 2018 and newer should be good 👍🏽🔥🐉
I got 2020 eagles and maples and the only ones that milk spotted were the eagles...
I'd take milk spotted silver coins any day - silver is silver to me!
silver is silver for sure! 🔥🐉
So what i hear you saying is...don't buy Canadian Maple leafs before 2018 unless you want milk spots. If you don't want them then only buy 2018 to present for Maple Leafs. Any other coins that have this problem?
lots of others have the same problem... philharmonics and krugerrands are pretty bad 🔥🐉
@@SilverDragons47 So what exactly CAN be bought that won't milkspot besides ASE's and 2018 or later Maple Leafs that is Govt. coin?
You know I have had no problem with coins from the Perth Mint. Man them Canadian coins I have had nothing but problems!!! wow colored dragon with a milk spot wow.... One reason to sell my slab coins lol
yeah slabs can be scary 😭🔥🐉
My 2020 eagles got milk spots after 2 days of receiving them... is this common for eagles??
yeah it can happen I have some milk spotted eagles but most of mine are not 🔥🐉
Did all I could to get 2 oz queens beast series n best condition I could - unfortunately their slowly but surely getting milk spots - so unhappy about this I will not buy any royal mint silver again. No issues with any other Mint’s so far and yes, I am new to the game. Only been stacking about 8 months. I know we have to live and learn and I hate milk spots! I have a slabbed bull queens beast and after 7 months it’s just starting to milk a little on the rim. Basically all royal mint queens beast have completely let me down. I love the coins but, am considering selling the set ASAP.
can someone please explain why silver eagles sell for 25$ currently but buffalo heads are 20$. will the eagles always be more valuable or is it speculation?
Government minted coins usually have a higher premium because they have more recognition. The gold buffalo is minted by the US Mint, but the silver buffalo is not. The silver one is minted by APMEX, I think, therefore the premium is lower
it’s because of demand... I wouldn’t pay that premium 🔥🐉
If you wave your Oxy torch over the coin and just warming up a little it will remove all milk spots not sure if it will damage the coin but they sure come up nice.👍
i’ll have to try it 👍🏽🔥🐉
Oh yeah, kiss of milky death. 💦 It's why I don't buy many new modern graded silver. Milk totally kills the value. Two of the same coin side by side, one with milk, one without, the milk free coin sells first unless the milky one is priced to sell.
Good info on what causes the milk 👍
yep such a gamble 😂 thanks my friend! 🔥🐉
The only piece I have with milf spots is my 1 and only Hoffman and Hoffman unicorn round of like to take the spots off but it's in perfect shape and don't wanna mess.it up can't really see the milk spot but I know their there
hopefully it doesn’t get worse 🤞🏽🔥🐉
This is why I stick with generics. I'm buying silver for the silver.
"My friend works at the Canadian mint and he said a milk maiden packs the coins" unknown
😂😂😂😂😂😂😂😂😂😂🔥🐉
Do you have advice buying silver from private people and what are scams. Thanks
use a magnet and a scale... 🤷🏽♂️🔥🐉
How much you want for the dragon coin?
$100 lol 🔥🐉
I dont buy coins to have them graded, I buy them for the 1oz of .9999 silver. So it doesn't matter. But I dont have one with milk spots, yet
congrats on dodging the milk! 🔥🐉
I was extremely disappointed recently to see that even my reverse proof privy maples are all starting to spot. RCM is the worst but the royal mint is not far behind. All my britania and queens beast prior to 2019 are also all milky now
That’s why ASE are so $. The others are junk
yeah all of my krugerrands and philharmonics spotted 😭🔥🐉
Remember: "Don't cry over spilt milk...spots"
At least you know it's real. I haven't heard of anyone (yet) faking milkspots.
🗽🇺🇸
2 oz queens beast milking all the way up to 2020.
Don't use baking soda on your coins! That's called whizzing, and it ruins the appearance. If you must clean them, use silver chem-dip, rinse and blot dry with a soft cloth and let air dry afterwards.
there are lots of ways to do it... that is just the best method that worked for me 🤷🏽♂️🔥🐉
Just use rubber erasers... it takes it right off
Milk spotting wouldn't bother me on my ordinary coins....but milk spotting on my slabbed coins😢
yeah it ruins the slabs for sure 🔥🐉
Would've thought the queen had dried up by now.
😂🔥🐉
I love milk spots.
nice lol 🔥🐉
Silver Dragons - Was the winning bid on one of the items auctioned off during your live auction this past Friday. I sent two emails asking about how to coordinate payment, but have not heard back. Please let me know if you are not receiving my emails. They were sent from my gmail account to yours.
I actually have not seen your emails 🤷🏽♂️ my email is silverdragons47@gmail.com i’ll check my spam 🔥🐉
@@SilverDragons47 That is the email address I used. Just resent. Maybe the third time is the charm.
If it’s a premium coin it sure does. Just break the slab open, it’s a 69 anyways lol. I’ve cleaned my maples
yeah it is a 69 so who cares lol 🔥🐉
Don't bother me none. Think about it for a minute, any residue from the cleaning process is literally "baked" into the coin. There's only so much one can do about it. You clean 'em, they'll eventually come back over time. Milk spots may bother the numismatic crowd (just my opinion), they don't bother me. Warm temps may be the culprit. You've no doubt heard about coins that develop milk spots after encapsulation (slab coins). Hell, store 'em in the fridge, maybe the spots won't came back, I dunno lol!
lol sure store em in the freezer with your vodka 😂🔥🐉
if i can get them alot cheaper i will buy them i dont care about milk spots
yep buy em cheap! 🔥🐉
Its ALWAYS my Maples 🙄🙄🙄
So touching the coins with your bare hands, oily dirty fingers, have nothing to do with milk spots?? The white glove treatment is useless in preventing milk spots??
Second, it all starts with the manufacturing process?? Basically, you have no control over them and if they are going to appear, it will just happen. Any precautions one can take to mitigate the likelihood of milk spots rearing their ugly heads?? Storage techniques?? Humidity and temp control?? Direct sunlight?? Just throwing things out there. Thanks!!!
lol yes you have literally no control and touching with hands DOES NOT cause them 🔥🐉
If you get MEDICAL grade xylene again MEDICAL grade xylene / Qtip. put a TINY amount of xylene on the Qtip roll it on the spots then dab (not rub) the xylene off.. it woks like magic .
where do you get that? my xylene from home depot did literally nothing even after days of soaking 🔥🐉
@@SilverDragons47 you have to get it from a medical company it's like 90 to 95% pure
What does ultra cameo mean?
it typically means the design is HIGHLY frosted and the fields HIGHLY polished... not sure why they put that on colorized because I think they all would be 😂 marketing gimmick 🔥🐉
Silver Dragons
Ok thanks! I’ve always wondered.
I recently pulled my eagles & maples out of their tubes. Of the 45 maples I have , 2 are milk spotted. Of the 100 eagles I have , 47 milk spotted. Couldn't believe it. Wtf. All I ever hear is that maples are the worst. I wish that was the case for me. Most are not small spots, they're huge smears that cover the majority of the coin. So disappointed. & all but 2 of the spotted eagles are 2019s & 2020s.
a jar of Goddards silver dip lasts for years .....
Doesnt it prove its real?
Soon we will be spending them so it doesn't matter to me.
yeah not the end of the world 🔥🐉
My LCS says silver is silver he don't care about milk spots, tarnish, scratches or dents.
Ninja Ninj they only buy cull coins!!! 👍🏽🔥🐉
😳😳😳😳😳
Hope my ATBs
don’t get spots
🙀🙀🙀🙀🙀
😬🤞🏽🔥🐉
That is...
Whenever I bleepin get em!!
I watched your comedy vid from a month ago, enjoyed your humor all over again!! And, got an eye-full of your ATB...🙄
Milk spots are a sign of poor mint quality. I laugh at how coin freaks tell me not to gently remove black tarnish from a 140 year old Morgan but then they buy their brand-new, pre-ruined, Borax-covered Maple Leafs and Brittanias. Hahaha. Morgans forever.
I have no problem paying less for milk spot coins. I don’t care even a little. It’s all ounces to me.
yeah less is always better 👍🏽🔥🐉
any milk spotted coins you don't want send them my why. I'll take them off your hands!
lol thanks for the offer 🔥🐉
Yea send any & all milk spot coins my way..I'll pay $5 for each coin
I never got a milk spot i don't leave my coins out
A greaded coin worth spot ?
Sell at me please.
Milk spots are baked in certificates of authenticity.
"It's worth spot"......😂😂😂
lol yes they are a good COA 🔥🐉
This is my nightmare.
Canceled somalia elefant collection because spots
This is so ugly ob a prooflike coin.
It looks like silver maple suck i would quit buying them
@Rogelio Murillo American Eagle are the way to go
correct I don’t like older ones except for melting 😂🔥🐉
❤️👍🏼❤️
🍔👌🏽🇺🇸
🍰☕️🐉
YO YO YO DOG!
Lol. too funny, all you young people .......
I will only buy milk spot coins!
If you know why send me the answer!
If you dont, please do not reply asking why. You need to work the problem yourself.
for melting? lol 🔥🐉
@@SilverDragons47 No man not for melting!
seem like no one knows why you should be buying them.
Come on boomer, you old enough to know why milk spot coin are worth buying.
Change your channel name to "The talking hand show".