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<p>[QUOTE=&quot;jolumoga, post: 26820757, member: 41780&quot;]I am increasingly leaning toward differences at the mint as the primary reason for these milk spots on Peace dollars, which essentially exonerates the TPGs (so PCGS, NGC, CAC, and others - you are all doing a fine job, in my view). However, it&#039;s clear that some types of toning or spotting are more questionable - this leads to subjectivity among collectors and graders. Also, it doesn&#039;t seem to have ever been clarified as to whether these milk spots affect the grade, and if so how much. The real problem lies in that a coin can get graded and slabbed, and potentially may deteriorate within the slab under what are regarded as acceptable environmental conditions. This is a bit of nerding out though - a bit technical.[/QUOTE]</p><p><br /></p>

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