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Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coins

Discussion in 'Gold Silver (All things Metal)' started by TomD, Apr 13, 2010.



  1. TomD

    TomD It blowed up, y'all Gold Chaser

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    The following is an email letter from a RCM distributor concerning the problem. To summarize, the RCM's position on "milk spots" on their silver coins is : "Don't like it? Buy something else."

    Hello,

    Here is the short explanation. We just had a meeting with the Mint about this 10 days ago.

    The white stains (or "milk spots") result from the planchet (flan) cleaning and preparation process. Some Silver Maple Leaf coins have them (SMLs), some do not.

    This is the Mint's official position: The coins are bullion coins. They are not collector coins. They are sold as one ounce of silver. The Mint knows that there is a problem. The problem has existed since 1988, when the SML coin was first introduced. The Mint says that there is nothing that they can do about the problem.

    Our experience is that some SMLs have them and some do not. We do not know what we are going to get when we open the boxes of 500 ounces of silver that come from the Mint. We have to take what we get; we can not return them. We do not have the time to sort them, etc.

    We ship out what we get. Per the terms of our invoices, we do charge a restocking fee for returned bullion items.

    I am sorry about the problem, but we have no control over it.

    I hope that this helps,

    John

    John Winkelmann
    ANA Life Member

    Talisman Coins
    Official Distributor for the Royal Canadian Mint,
    for the Mint of Poland (in Warsaw),
    for the Perth Mint of Australia,
    and for Monnaie de Paris (The Paris Mint)

    9051 Watson Road, Suite 103
    St. Louis, MO 63126
    UNITED STATES OF AMERICA
     
  2. Apocalypto

    Apocalypto Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Just buy them for the bullion value if the price is right, otherwise pass them over. caveat emptor.
     
  3. ~BS

    ~BS Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    that shit is hard to remove as well... I've tried using coin cleaner (whizzed coins) and it wouldn't even remove the spots after a prolonged dip.
     
  4. hydro

    hydro Seeker Seeker

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    My local dealer puts them in with his generic silver. That is the only way I buy SMLs.
     
  5. PacificAg

    PacificAg New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Anyone have any pictures of these spots?
     
  6. TomD

    TomD It blowed up, y'all Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    \

    I think I have one with the spots around here somewhere but it's not the sort of thing I usually photo. The term "milk" spots is pretty descriptive, it looks like some milk dried on the coin, a whitish haze, spots, not large areas of the coin. I'll shoot it if I run into a Maple with them.
     
  7. ~BS

    ~BS Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    ^

    I've had milk spotted coins that covered a large portion of the coin. I'd post pictures up, except that I just sold them monday.
     
  8. 1981

    1981 New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    I don't know, if they can get some of the coins out w/o spots, you'd think they could get them all out w/o spots.
     
  9. TomD

    TomD It blowed up, y'all Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    I'll bet it has to do with a release agent that they put on the die and that a certain number of stampings after lubing will get spots. No knowledge, just my theory.

    Wonder why you never get the spots with eagles, Lunars, Kooks, Pandas, Libertads etc? What do they mean there's nothing they can do? How about doing what the rest of the world does?
     
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  10. ~BS

    ~BS Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    I think those spots may actually somehow be a result of the minting process. I whizzed a coin with the milk spots 3 consecutive times for 15 seconds a piece, which did not remove the spots. So it's probably more than just "dirty" or a discoloration.
     
  11. silvermang

    silvermang New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Mine are milk fingerprints. But I have no way of knowing if they came from the mint or from A*mex.
     
  12. livtocruz

    livtocruz Seeker Seeker

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Here's a picture of a 2008 reverse with a spot. It didn't show up "white" though, it has a little color to it. It's on the bottom right, on and above the "OZ". There is a little tiny black speck of dirt almost dead center. It's not on the coin but it was on the plat of my scanner.
     

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  13. livtocruz

    livtocruz Seeker Seeker

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Oh yea, if that's the RCM's official position on the CSM then why the hell is there a premium equal to the ASE for a damn (CMX) bullion round

    Enough abbreviations for ya?
     
  14. AgAuGal

    AgAuGal Founding Member Founding Member Site Mgr Site Supporter

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    I've have not bought another silver maple because of this (why can the American mint produce a silver bullion product w/o detracting milk spots). Lame response. Got mine from APMEX and have never bought again . If I buy a SML it is because I have looked at it first
     
  15. DJ1

    DJ1 New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Slightly off topic, but I had a slabbed Franklin Proof Half that had milk spots on it. So apparently it was happening before the Canadian Maples came out. My solution was to sell it for bullion, not collector - big discount for the buyer.
     
  16. earplugs

    earplugs Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Probably tungsten-coated silver.
     
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  17. LWK

    LWK New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    One member had mentioned before how to get rid of them, but I forgot who that was. Frankly, I don't really care. I still think the coins look really pretty. They are my favorites among the silver bullion coins. I also tend to buy them individually when my places get stock, so I never buy in bulk that is large enough to where I'll get a huge bad run. Definitely a coin to buy on sight if you have the option. Mainly due to getting roughed with a huge lot of badly milked maples.

    1 Maples
    2 Harmonics
    3 ASE
    4 Kooka's
     
  18. ccjoe

    ccjoe Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    It really is a waste of premiums to buy the SMaples as they DO get the milk spots. It's a shame as they are beautiful.
     
  19. Professur

    Professur Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Maybe I'm strange, but I welcome seeing them. Sort of an unofficial authentication mark. After all, if you're going to fake Maples, you're going to want them as shiny and attractive as possible, no?
     
  20. PacificAg

    PacificAg New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Thanks for the pic!
     
  21. LWK

    LWK New Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    Another thing also, philharmonics get those spots to.
     
  22. ~BS

    ~BS Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    I acquired some maples with milk spots, if anyone is interested, I can post some high res pics.
     
  23. latemetal

    latemetal Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    :beer1:
    Please do, I bought a bunch that had milk spots on Fleabay and at the price I paid didn't bother crying too much. I don't pay premiums.
     
  24. budfox

    budfox I have become comfortably numb... Midas Member

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    No, I think his name was Jack Mihoff.
     
  25. ~BS

    ~BS Gold Member Gold Chaser

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    Re: Royal Canadian Mint's official position on "milk spots" on silver Maple Leaf coin

    The spots on these Maples aren't too bad. I've had some that were way worse.

    Sorry if the pictures aren't too clear. I dont have a tripod.













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