My Theory Behind Milk Spots On Silver And Why I Don't Care
Vložit
- čas přidán 15. 09. 2022
- ✅uPVC coin flips➡ amzn.to/3Oeefy9
✅Digital Pocket Scale➡ amzn.to/3bfzxNa
✅Pocket Pinger Precious Metal Tester➡ amzn.to/39QYsX6
✅ASE Tubes (10 total)➡ amzn.to/3OGq0x2
✅Gold Eagle Air-Tite Capsules and Tube➡ amzn.to/3ygsHjw
✅Gold And Silver Melting Furnace Countertop Machine➡ amzn.to/3cGbKXj
✅Grass Fed Whey Protein (Healthy Survival Snack/Filler) ➡ amzn.to/39SgKHA
✅Grass Fed Ghee (Survival Cooking and Energy Source)➡ amzn.to/3HSxtH3
✅Cod Liver Wild Caught (Survival Cooking and Energy Source)➡ amzn.to/3RMs5K6
✅Organic White Rice (Survival Cooking and Energy Source) ➡ amzn.to/3aVhWu5
✅King James Bible Leather Bound ➡ amzn.to/3bFeWCc
Disclaimers:
▶︎ I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. Some of the above links are affiliate links where I may earn a small commission at no additional cost to you.
▶︎ I'm not a financial advisor, nor am I giving financial advice. The views expressed in this video and on this channel are my own. This video and channel are for educational purposes only.
Borax is certainly put with silver during the melting process as it reacts with any silver oxide in the melt and forms what is called slag. I can't imagine it then also being used during the planchette-annealing process because that would absolutely leave borax baked into all surfaces. that is: the surface of the coin would be borax and not silver. That's high-school chemistry. Borax is soluble in water.
Therefore: it's borax residue that has not been fully washed off the planchettes prior to annealing.
I stack bullion too, but I'm not ok with Mints having poor quality control. I can remove milk spots with relative ease, but it's not something I want to do on every piece and that's exactly why I refuse to buy Silver Kangaroos, that's why I stopped buying Philharmonics after 2014, and that's why I stopped buying British Royal Mint products. They are the worst offenders. There's no excuse for the Perth Mint. A Kookaburra will look perfect from the day it's minted for as long as you hold it, but with Kangaroos they are minted in the millions and there is some type of cost cutting measure in their production process. I questioned the Perth Mint years back about it and they refused to answer me which is quite telling. We would need to know what cleaning agent certain Mints use on the planchets and also water quality may play a factor as well. Almost all mints milk spot, but it's the degree which varies greatly. Some of the highest quality mints do not spot and the common factor between them is they mint in small batches and take extremes measures in terms of quality control. Two examples are Intaglio Mint and CIT. Also, I have ten years worth of SilverTowne Rounds and not a single one every spotted, zero. Now I have seen their pony express Silver Bars with white splotches on CZcams, but it says something that the hundreds of SilverTowne Rounds I bought each year for a decade never spotted. The British Royal Mint could probably learn something from SilverTowne and Intaglio Mint. Personally I think you should care. The Austrian Mint knows full well their products spot badly and yet they do nothing about it. Why support a Mint that doesn't care? It's the exact reason the premiums are cheap on those. I'll continue to stack my Asahi Rounds over any Silver Kangaroo, Philharmonic, or shit quality piece from The British Royal Mint because I know I'll get a really solid Round each time from Asahi. Just my take. Good discussion.
It doesn’t have anything to do with air moisture. I’m from the North East as well (NY). Some mints just happen to be lower quality than others. I have my Phils in a tube with no air inside & they still spot, where as I have my Libertads in a plastic flip & take them out all the time & never get milk spotted. Mexican mint just happens to produce higher quality products than the Perth, Royal, & Austrian mint 🤷♂️
Makes sense,Valid theory@Alex Tavarez
I have a few Britannia's and Philharmonic's that milk spotted. I purchased a silver polishing cloth from walmart and it took the milk spots off with no problems. I live on the east coast.
I'll have to try it out!
Just a heads up. Using any method of cleaning will mark the surface to some degree. I wouldn't be able to tell the difference in all honesty but a dealer would under magnification. All depends if it suits you and your methods
I stopped caring about milk spotting unless it has some sort of numismatic value and graded. Which I never buy those anyway. It does not deteriorate the silver content so oh well. Great video brother!
I agree! Silver is silver, milk spots or not.
Yeah I have a good mix of milk spotted. Generally speaking I'll go into the LCS and asking if they have Maples and how much. LCS will say I have a roll of 25 Maples with some milk spotting for $4 over spot. Same price as generic buffaloes. So I have about 50 or 60 Maples with milk spots and about 40 or 50 britannias. Other than that all the other coins no milk spots only those two coins
I’ve seen videos of using a torch to burn them off and also a white rubber eraser to rub them off.
Thanks SSE for the great video!
I think it is possible. A poll would be indeed very interesting and could strengthen or weaken the theory.
I think it'a a factor that humidity can contribute. I try to keep my humidity below 45% Ideally 15-%-35%! Not sure if it stops or maybe slows it down.. What you notice is what Harbor Fright tools have oil on just everything that can rust.. 1 more reason to use Olive or Avocado oil...Also eZest easy coin cleaner will remove almost or all of the Milk Spotting and not damage the coin. I was at my local coin store and asked it there a safe non damaging cleaner that will remove Milk spotting and Toning and the owner took an older Silver coin and dipped it and washed it off and it was clean 95%. But this is a personal choice.
I live in Arizona and I don't deal with too much milk spotting and all the ones I have had spotting before I saw them.
I live i a very humid Rainey climate in the summer and in winter it's very snowy with freezing rain, around January it's regularly -30 F. I started buying silver around 2011 all second hand and have never had milkspots show up,. I do store my silver in rather low humidity but it's been places before I got it that probably didn't do the best job the previous owner could have to protect the metal. My guess is that the water that is used to wash the blanks may have chemical contamination or the water contains other eliminates in it. This would explain why some mints are more prone to have this problem
The only milk spotted coins I have are Canadian. And That’s the way they were when I bought them. 👍
You definitely are on to something here I did notice that oily feel on the maples. Minimal for me too I'm in Austin Texas but brittanias do get them more then any other coin I have.
I am In Nevada in the silver state, where it’s extremely hot and dry like hot 🥵 breath on your neck! and rarely notice milk spots in my stacks or even at my LCS. But I’m like you milk spots IMO is like beautiful toning…at the end of the day it’s still silver…keep stacking that milk and, non milk spot silver…God bless you all
Thanks for sharing!
I am not okay with milk spotting. It is not on any of my coins, but i do not collect any British coins. I doubt it is moisture in the air, because it is only found on certain government mintings. If it is borax on the surface, the mint is doing something wrong. I think the only thing that milk spotted coins are good for is melting down. It is time to bring in professional metallurgists to determine the cause.
You might be right I live in Tennessee and all my coins have no milk spotting at at all.
Nebraska here. Minimal milk spot here even with the humidity. I don't take my coins outside though.
I buy regular bullion because I also plan to get spot if/when I sell so there is no reason to pay an additional premium for a sovereign coin. I do buy the occasional sovereign because I like the design but I stack generic. Hard lesson to learn and only realized it when I did some simple math and realized I had lost 20 ounces of silver to sovereign coin premiums.😢
I'm in ny..no problems at all..but they have always been kept in a safe with lots of silica gel packs.
I live in the southwest and yes I did notice that my silver coinshave few milk spots and they're not newly minted.
You will loose a bit of premium if and when you sell them. But on the other hand, a silver coin isn't as enjoyable when it's inside cheap plastic, and you have to baby it.
I'd say that the best way to go is to stack what you love, and the way it's enjoyable to you. It's just like dieting - there's no point trying to follow a diet that you don't like and can't follow longterm. 😊
I think it really depends on where you’re selling. If you want to keep the premium you bought them for I would 100% care about milk spots. But if you’re just selling for melt value then no big deal.
The milk spots in my stack are only found on coins from government mints. Britannias, Philharmonics, and Kangaroos are the biggest offenders in my experience. However, there is not one milk spot to be found on any generic round I own. My take on it is: like any and every other aspect of life anything a government is trying to offer you is being done better and more efficiently in the private sector. Stick with rounds from reputable private mints and milk spots become a non-issue.
I’ve always heard it’s from soap on the dies at the mints.
Not sure if if that’s totally true.
I do know silver coins can turn a ugly, dark color if it’s stored in a cold, moist environment.
Heating rod fixed it for me.
I’m in SoCal. No milk spots in my stack..
Thanks for the information reply!
Also in Socal here and milk spotting isn't a problem for me either.
No spotting here in North Carolina
I just left one Brit and a Maple in my console in my car in the flips in Utah for three days during rain. The Brit spotted slightly but nothing on the Maple. None of my other Brits have milk spots but I capsuled them as soon as recieved. You may be on to something.
That’s a solid theory.
I live in Los Angeles. Like there is no moisture of any kind. So maybe you have something here
I AGREE. THANK YOU
I am in MN. Really not that much milk spots. But the silver that does have it, has it bad
I have no idea if your theory is correct or not. However I live in Phoenix, AZ. I am a long time stacker and since I like to handle my coins/ rounds/ bars I have exposed my silver to the open air. I do not have an issue with milk spotting at all. I have coins from every mint as a comparison. No issues with fingerprints either.
Thanks for the input! That's really interesting!
milk spot is not a big problem though , what it delivers , is the real value just like gold , the value is there , it's tradable , it's not for collect like put it there and show to your friend with your inflated ego , so SSE telling the point that , you dont have to care about this , it's still silver.
It absolutely devalues the silver coin. You are paying the higher premiums for the coins vs bars to begin with for a reason. To have milk spotting eliminate any premium you might get when you sell makes a huge difference. Ego has nothing to do with it. It's all about cost vs value and milk spotting instantly devalues your coin by eliminating any premium you might recover when you sell.
Sale silver up to gold with the ratio gets at less 10 to 1
You won't be able to find gold available at that ratio. Plus the physical silver market would be saturated. When silver goes above $40 most LCS stop buying or accepting silver. It's to volatile and can drop back down to $20 literally in a few hours or days. The best time to trade out is when the ratio is around 40-50, still plenty of gold available and the market isn't saturated yet.
3:00 I don't wan't to collect any premium silver with a baked in coating. Disheartening.
Cheers
microfiber towel
Man I'm having this problem mainly with my Britannia's! WTF? It's so annoying! I have alot of coins with this crap. I know it doesn't decrease the value, but looks like crap!
Canadian Maple will always be my favorite. No milk spots.
Hahaha 😆... Those Coins Always milk spot...especially the older ones.
@@SmithsnMoz I'm talking about the newer ones. My mistake for not clarifying & no the newer ones don't
It's already been definitively decided what exactly causes milk spots, there's no mystery there.
Beyond that, to me, if something has milk spots it just proves it's real silver. Counterfeits don't milk spot. It's basically a security feature.
Mother Nature's security device.
1007 toz 0 milkspots. Princeton Texas USA
You do business with Hero?
As long as the buyback value isn't affected i don't care.
It is effected. Most LCS won't pay any premium or very little for coins with milk spots. If you're buying low premium silver it's not going to effect you much as you probably aren't going to get any of the premium back anyhow but if you are paying a $6 to $10 dollar premium hoping to recover some of the premium when you sell, you won't if there is milk spotting, you will only get spot price.
@@PHUCKyoutube689 I agree. This is why I won't entertain proof coins because its a rip off. You pay more for the potential of appreciation but then milk spots randomly appear and now the extra money paid might as well have been flushed down the loo. Its a lottery whether you get anything for the extra premium.
I have 10 year old ase with no spots
That's great to hear!
Minimal MILK SPOTTING ....but im in COMMIEFORNIA...😆
Guess it's trade off!
Milk Spots Destroy Numismatic Value. Cold Hard Premium Slap in the Face to Naive Silver Stacker Collectors.
Utah here. Silver has milk spotting. But as far as I've seen, I've not come across any that look as bad as yours. I'm Iike you though, I dont care how it looks, I stack for silver or gold content. 😉 God bless brother 🙏
Your theory is wrong
I Wont BUY MILK SPOT SILVER...👎
Why?
So you're a collector?
Milk spots=ugly. It will matter when you sell to lcs. They want blast white.
@@allpro6124 i never will sell to a LCS