TPG'S No longer guarantee S.E. Grades.

They certainly take of for milk spots on early silver proof coins, so I'm sure that this would still apply.

 

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That's it for me-Marketability, so there is no misunderstanding between me and a potential customer and granted, a TPG may be wrong. But if advertised as the TPG has given a coins status is way safer than bad feedback or customer returns. And one other reason is for buying coins sight unseen and knowing the seller gave you a proper grade and properly described his coin. Especially when I am filling in key dates and M/M's. I need to know I am putting together the best possible collection I can for my hard earned money. Grading, being subjective as it is, I find this necessary.

 

And they also take into consideration, wash spots for recent copper coins.

 

Yes they do.

I bought a 1993 SAE First Strike™ in MS69 (Pop 20) which had milk spotting. I asked PCGS to crack the coin and dip it to try and halt any additional spotting. I was not seeking a regrade, just a dip and I was forthright with that request.

They cracked it, dipped it then downgraded it to an MS66.

I don't know what was dumber. Me asking them in the first place or me expecting that they wouldn't downgrade the coin.



1993 was a really bad year for spotting on Silver Eagles and I can almost guarantee that every one in the above report has at least some milk spots.

BTW, the ONLY way to get a First Strike™ label on these coins is to submit a sealed green monster box of 500 coins that has an inspection slip within it dated before January 30th, 1993.

These are expensive coins for the First Strike™ Slab collector.





The spotting was on the reverse........

 

Did they compensate you for the loss of 3 points?

 

I'd say "these are expensive slabs for the First Strike™ Slab collector", given your experience with the actual coin -- but, yeah.

 

So the dip removed the spots?

 

Well...they dipped it and lowered the grade so I'm guessing they were removed.

 

Yes. Although there were some "negotiations" involved. I did not get anywhere near what I paid but sold the downgraded coin to make up for the difference.

 

No way! As you should be able to see from the supplied scans of the coin in the MS66 slab?

The goal was not to try and remove the spots since I know that this is impossible. The goal was to try and limit any future spotting.

I've always given my SAE's a quick dip before submitting them since the "milk spots" seem to form mainly with PCGS slabs for whatever reasons.

 

They may as well make that reward a million dollars since it's impossible.

 

I wasn't sure if that scan of the reverse was before or after. Thanks for clarifying.