How much do white marks as issued by the US Mint, even in MS/PR 70 condition, affect the value of a coin? Does it decrease the value of, say, a PCGS MS70 slabbed coin because it's generally more unattractive to collectors, or does it not change much or at all compared to a perfectly lustrous PCGS MS/PR 70 slabbed coin? Thanks in advance!
Which would you rather have for if you were offered two coins same grade yet one of them has white marks on it? The same goes for how much money people are willing to spend buying the coins.
I'd rather have a non-white coin, but if I can get a non-white coin for a really "good" deal, I'd take that... but I see what you're getting at. The price difference of what I'd discount is what matters... However, to make a more informed decision, what is the price difference that numismatists/collectors are observed to typically discount? Do you all take a mental % discount, or does it really depend on the coin? What if we're talking about a modern silver commemorative?
It's all subjective there is no set discount that all coin buyers and sellers are abiding by imo. If we're talking about the average modern silver commemorative I'd only buy the non white marked coin. Most moderns are loaded with high grade issue free coins, so why settle for one that has distracting marks.
For the same price, same graded condition, and of the same coin, would you get a PCGS slabbed with some white marks or a raw coin with no issues still in its original plastic capsule issued by the Mint?
I'm not sure what they're called, but they're the white streaks sometimes seen on coins received from the US Mint. I think you can return those to get them replaced. I believe it's due to the manufacturing process (?).
I'm trying to find an example... I'm not sure if this is technically it but the white streaks/marks look like what's on this coin below (pic found on 'net).
The most obvious "white streaks" on the above Barber is light playing off the surfaces, and I can only assume (hope?) this is NOT what you are talking about. Earlier you mentioned moderns or modern commems, and like the other gentleman, assumed you were speaking of milk spots. Just for the sake of clarity, perhaps it would be helpful if you were to locate and post an example of a said modern displaying the issue you're talking about.
I was thinking of buying one, but the listing on eBay ended. It mentioned white marks, as issued by the Mint. Sorry for the confusion. Here's the listing: http://www.ebay.com/itm/2001-P-BUFF...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Again, if I was certain we are on the same page in regards to milk spots, this would be easier to address, but as with most anything in this hobby/business, all depends on the individual coin. An example with very minor spotting, generally speaking, will be more desireable than one with major, but still nowhere near that of one not displaying the issue. Many collectors will wisely avoid a spotted coin regardless of cost or discount if purchasing for their collections. Likewise, such coins, particularly those residing in top tier holders, often end up in the collections of either "deal seekers" more concerned about price or false value than quality, or often newer collectors without the understanding and/or experience to realize exactly what it is they have purchased.
I am using a cellular phone, with its relatively small screen, at the moment, so viewing the coin in prefered detail isn't an option. With that said though, the only mention of "white" I noticed was in reference not to spots, but to the fact that the coin is without toning.
Agree with @BooksB4Coins that listing was just referring to the coins appearance being 'white' sometimes called blast white and referring to the lack of any toning has nothing to do with spotting or white marks. Also on the subject of milk spots often even a coin that's slabbed that shows maybe one or two small spots I've seen cases where they grow and or more appear.
