My hypothesis as a dilettante-wannabe-nobody is as follows: Given that Peace dollars were produced in the early 20th century, it's likely there...
No, the milk spot is not inside the coin, but the silver chloride, or other contaminant, causing the milk spot could be embedded within the coin...
Oh my! This topic actually goes deep because it involves chemistry. So, yes, one would expect a Peace dollar that is 100 years old to stabilize,...
The issue is that, given that grading is subjective, it's not clear just how much coins are docked, if at all, based on milk spots. If the milk...
I asked both ChatGPT and Perplexity to explain these milk spots, and interestingly this thread was cited by Perplexity (proving that this topic...
I am willing to change my views when presented with evidence and/or logic showing that I need to adjust. So while the consensus is that the coin...
I am increasingly leaning toward differences at the mint as the primary reason for these milk spots on Peace dollars, which essentially exonerates...
Yes, I think this thread could be useful to flesh out some of the differences between the two coins, and why milk spots appear much more prevalent...
OK, I found it! OK, maybe I am wrong and my speculation has meandered a bit, but like I said I have nothing against the TPGs and only wish to...
I'm looking for it now. It's tough because I've looked at dozens of Peace dollars to investigate the milk spot issue, and eBay doesn't appear to...
This is a good point, and perhaps more clarification is needed by experts. Maybe some of my assumptions are off - maybe it is a matter of how the...
I don't think you're naive. I just learned of the acidic cleaning and water bath of blanks, but I think, given that dipping was and is so...
OK, I just saw a Peace dollar graded MS64 by CAC (a grader I respect, so this is not meant to bash) with the type of coffee-colored tarnish likely...
The problem that I see as I review higher-grade lustrous Peace dollars on eBay is that milk spots are pervasive - a high percentage of them appear...
Just to be clear, I am not moralistic as far as how the TPGs operate. I understand they have to make money, so to me the way they operate is not a...
Thanks for relating your experience. The issue as I see it is that I am noticing these milk spots in newer slabs, indicating that the TPGs may be...
I suspect a large percentage of silver dollars were improperly dipped over the decades, and it has been a business decision to not make a fuss out...
It looks to me, thus far from inspecting older holders, that these milk spots may eventually change in color and be regarded similar to tarnish...
Actually, milk spots are common on silver dollars, and I just saw another Peace dollar in a brand new (or relatively new) PCGS MS65 slab with...
Yes, it looks like it was a sloppy job (not by the seller but rather the guy who dipped the coin). What's crazy is that I had a hard time finding...
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