| Author |
Replies: 20 / Views: 10,048 |
Page 2 of 2
|
|
|
|
Moderator
 United States
189340 Posts |
 to the Community!
|
|
New Member
 United States
1 Posts |
Thanks for the feedback all.
Based on my research and other local coin dealer these should have been stored properly and are being sold as new. Why would you think the spots are not a quality issue?
|
|
Pillar of the Community
United States
4901 Posts |
Well...it IS a quality issue but in a product intended to be sold as silver bullion and NOT as a collectible...as was mentioned: Quote: They are bullion, not collectibles. Expect bullion to look imperfect. Carbon spots are a real PIA to remove. Even a dipping may not do the job....but it's worth a try. Now if they were on a W ASE it would be a different issue...
|
|
Pillar of the Community
United States
4211 Posts |
 Macck~!! I own a lot of silver bullion with "issues", most commonly milk spots. It's just to be kinda expected. It is priced at spot + a little premium. Now on my proof coins...that collectors pay a premium for that's different. But even then....few are "perfect".
|
|
Pillar of the Community
United States
8715 Posts |
You can try MS70 or E-Z-Est to remove the spots. Don't dip it too long or it will remove all the luster.
|
|
Pillar of the Community
United States
4901 Posts |
As I mentioned previously dipping usually does squat for carbon spots..but definitely worth a try
|
|
Bedrock of the Community
Australia
21788 Posts |
So called 'carbon spots' are known as that, because they are black. They are surface discoloration spots of complex silver sulfide / oxides. They are inorganic, and therefore cannot be removed with acetone.
Not a problem for strictly bullion coins. Can be a major problem for modern proof silver coins.
|
|
Pillar of the Community
United States
1963 Posts |
Well, that is why those coins are bullion, which means for silver value. Regular ASEs are not collectors items, and therefore need not to be perfect.
|
|
Pillar of the Community
 United States
6514 Posts |
|
|
Rest in Peace
United States
10625 Posts |
I would return them as well. If they are impaired like the ones you received they should have been be listed as such.
|
|
New Member
United States
18 Posts |
|
|
Bedrock of the Community
Australia
21788 Posts |
If you return bullion coins, you pay at least forwarding shipping costs, and some suppliers may charge you return costs as well. For a coin that has a value strictly based on bullion value, shipping costs are not justified. For any bullion coin any extra costs make the original purchase cost unviable. Such coins will still sell directly back into the bullion market for their bullion value anyway
So just keep them; you should not loose on a re sale.
For any future bullion investment, you may wish to choose a different bullion supplier.
Quite often, a stasher will buy a bullion item in pristine condition, only to find some sort of deterioration during their period of ownership. Also not a worry if you strictly buy as bullion, and re sell strictly as bullion.
Normal precautions should be taken to preserve their original blast white appearance, which may make re sale easier later on.
|
|
Pillar of the Community
United States
878 Posts |
Quote: Based on my research and other local coin dealer these should have been stored properly and are being sold as new. Why would you think the spots are not a quality issue? If they're being sold as new you have a reasonable expectation that they won't have carbon spots on them. The coins pictured are 1998 and 2003, though, so if you want relatively pristine coins (which is a reasonable desire), you might want to check with sellers first. I've seen APMEX sell junk silver at difference prices depending on the condition. Junk silver is also not technically a collectible, but some folks like their bullion in nice shape while others like to play with it so it gets spots/environmental damage.
|
|
Moderator
 United States
97435 Posts |
 All sound advice above. But Bullion is a silver investment coin - not for a collector actually, but they have been bought up just for that purpose - most likely due to the relative low purchase price
|
|
Pillar of the Community
United States
2246 Posts |
As bullion coins age they can develop milk spots, carbon spots, scratches, etc. depending on minting process and how they are handled/stored. When my LCS buys older ASE he sorts them according to their condition. He sells them as either Less than Perfect or Perfect, the perfect at a higher price. This way buyers know what they are getting and are not disappointed.
Edited by livingwater 06/10/2022 7:25 pm
|
|
Page 2 of 2
|
Replies: 20 / Views: 10,048 |
Page 2 of 2
|