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"Milk" type spots on Canadian silver?
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<p>[QUOTE="galapac, post: 2124930, member: 73406"]Maples, Pandas, Philharmonics all have these problems in spades...its best just to live with it. If it's for bullion investing it doesn't matter anyway. It's a shame because I haven't seem this problem with ASEs so the U.S. is doing Something right or just takes an extra step so this doesn't occur. Maybe that's the reason for the higher premium for ASEs?</p><p><br /></p><p>Here is RCM's official position on Milk Spots:</p><p><br /></p><p><i><font face="Georgia">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."</font></i></p><p><i><font face="Georgia"><br /></font></i></p><p><i><font face="Georgia">Hello,</font></i></p><p><i><font face="Georgia">Here is the short explanation. We just had a meeting with the Mint about this 10 days ago.</font></i></p><p><i><font face="Georgia">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.</font></i></p><p><i><font face="Georgia">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.</font></i></p><p><i><font face="Georgia">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.</font></i></p><p><i><font face="Georgia">We ship out what we get. Per the terms of our invoices, we do charge a restocking fee for returned bullion items.</font></i></p><p><i><font face="Georgia">I am sorry about the problem, but we have no control over it.</font></i></p><p><i><font face="Georgia">I hope that this helps,</font></i></p><p><i><font face="Georgia">John</font></i></p><p><br /></p><p><i><font face="Georgia">John Winkelmann</font></i></p><p><i><font face="Georgia">ANA Life Member</font></i></p><p><i><font face="Georgia">Talisman Coins</font></i></p><p><i><font face="Georgia">Official Distributor for the Royal Canadian Mint,</font></i></p><p><i><font face="Georgia">for the Mint of Poland (in Warsaw),</font></i></p><p><i><font face="Georgia">for the Perth Mint of Australia,</font></i></p><p><i><font face="Georgia">and for Monnaie de Paris (The Paris Mint)</font></i></p><p><i><font face="Georgia"><br /></font></i></p><p><i><font face="Georgia">9051 Watson Road, Suite 103</font></i></p><p><i><font face="Georgia">St. Louis, MO 63126</font></i></p><p><font face="Georgia"><i>UNITED STATES OF AMER</i>ICA</font>[/QUOTE]</p><p><br /></p>
[QUOTE="galapac, post: 2124930, member: 73406"]Maples, Pandas, Philharmonics all have these problems in spades...its best just to live with it. If it's for bullion investing it doesn't matter anyway. It's a shame because I haven't seem this problem with ASEs so the U.S. is doing Something right or just takes an extra step so this doesn't occur. Maybe that's the reason for the higher premium for ASEs? Here is RCM's official position on Milk Spots: [I][FONT=Georgia]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[/FONT][/I] [I][FONT=Georgia]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[/FONT][/I] [FONT=Georgia][I]UNITED STATES OF AMER[/I]ICA[/FONT][/QUOTE]
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