Is Now a good time to Buy Silver

[AaaGee]

Doesnt say that it works on proofs. Also couldnt see a link for it being for sale.

[Upsidedown]

9 minutes ago, AaaGee said:

Doesnt say that it works on proofs. Also couldnt see a link for it being for sale.

I think if it's a substance it would be applied to the blanks, not as an aftermarket item

[Thelonerangershorse]

13 hours ago, Upsidedown said:

I think if it's a substance it would be applied to the blanks, not as an aftermarket item

No, definitely part of the production process.

[Bigmarc]

8 minutes ago, Thelonerangershorse said:

No, definitely part of the production process.

I once worked in a factory that made classes. The polish they used on the lenses caused the whole place to be covered in a white residue (it caused havoc with the machinery). I am thinking it's a similar process. Polishing and buffering. At the end of the process the lenses were dipped in a tank of de-ionised water and hit with ultrasonics, the water is continuously run through a filter system to clean but as time goes on contamination still gets in there. 

Not sure it's the same process but in my head this is what happens. The only thing I don't understand is as soon as you put an alloy in it, it doesn't happen. 

[Agaupl]

13 hours ago, Upsidedown said:

Is it any good? I know maples have a bad reputation for milk spotting but not sure if that was a rep built up before 2018 or since

None of my newer maples are spotted. Didn’t the RM just call it ‘marketing’ though to BYB? It definitely does seem to work.
Silver krugs seem to be the worst for me. 

[Upsidedown]

2 hours ago, Agaupl said:

None of my newer maples are spotted. Didn’t the RM just call it ‘marketing’ though to BYB? It definitely does seem to work.
Silver krugs seem to be the worst for me. 

Worst for me has definitely been brits

Don't have any krugs though

[NGMD]

3 hours ago, Bigmarc said:

I once worked in a factory that made classes. The polish they used on the lenses caused the whole place to be covered in a white residue (it caused havoc with the machinery). I am thinking it's a similar process. Polishing and buffering. At the end of the process the lenses were dipped in a tank of de-ionised water and hit with ultrasonics, the water is continuously run through a filter system to clean but as time goes on contamination still gets in there. 

Not sure it's the same process but in my head this is what happens. The only thing I don't understand is as soon as you put an alloy in it, it doesn't happen. 

I have my suspicions that the new environmental laws/water usage laws may have had something to do with it. Many years ago Trikolean was used to completely remove any residues but was not person friendly(burnt your lung lining) but was the finest cleaner. Using modern eco friendly cleaners need a massive amount of demineralised water, so they recycle the water and it’s never quite clean. I use a process using 20% Nitric Acid and rinsed under a massive flow of water. That’s as clean as sterile. It costs around £400 to safely remove around 20L by law. Multiply that by a thousand for RM and yeah, they’re cutting corners for £. It can be done but they would rather have unhappy customers and be a tree hugger/cheapskate.

Just my views on ‘Milking’ and 35years of engineering experience.

[Bigmarc]

10 minutes ago, NGMD said:

I have my suspicions that the new environmental laws/water usage laws may have had something to do with it. Many years ago Trikolean was used to completely remove any residues but was not person friendly(burnt your lung lining) but was the finest cleaner. Using modern eco friendly cleaners need a massive amount of demineralised water, so they recycle the water and it’s never quite clean. I use a process using 20% Nitric Acid and rinsed under a massive flow of water. That’s as clean as sterile. It costs around £400 to safely remove around 20L by law. Multiply that by a thousand for RM and yeah, they’re cutting corners for £. It can be done but they would rather have unhappy customers and be a tree hugger/cheapskate.

Just my views on ‘Milking’ and 35years of engineering experience.

You could be on to something. I am now working for a company that took a vital part of its production process out because the production cost outweigh the returns and complaints cost. (Massive company).

Can you even return bullion for being milky? 

 

[Petra]

Whatever is the cause during the mint process a lot of the mints are having the same problem. Obviously there are only so many ways you can commercially produce a silver coin!

[Thelonerangershorse]

17 hours ago, NGMD said:

I have my suspicions that the new environmental laws/water usage laws may have had something to do with it. Many years ago Trikolean was used to completely remove any residues but was not person friendly(burnt your lung lining) but was the finest cleaner. Using modern eco friendly cleaners need a massive amount of demineralised water, so they recycle the water and it’s never quite clean. I use a process using 20% Nitric Acid and rinsed under a massive flow of water. That’s as clean as sterile. It costs around £400 to safely remove around 20L by law. Multiply that by a thousand for RM and yeah, they’re cutting corners for £. It can be done but they would rather have unhappy customers and be a tree hugger/cheapskate.

Just my views on ‘Milking’ and 35years of engineering experience.

Everyone please note, DO NOT UNDER ANY CIRCUMSTANCE, attempt to use 20% nitric acid to clean silver coins.

 

[bobski]

1 minute ago, Thelonerangershorse said:

Everyone please note, DO NOT UNDER ANY CIRCUMSTANCE, attempt to use 20% nitric acid to clean silver coins.

 

What about oxalic acid?

I’ve got a few litres of 20% acetic acid too

[Agaupl]

19 minutes ago, Thelonerangershorse said:

Everyone please note, DO NOT UNDER ANY CIRCUMSTANCE, attempt to use 20% nitric acid to clean silver coins.

 

I tried it and now I have sludge 😳

[Stacktastic]

This reminds me why i sold my coins and hold bars instead. .

 

[stefffana]

Yes, it is a very good time to buy in my opinion.

The price per oz on forum now it is very attractive: @£21-£22/oz for kilo bars and @£23-£24/oz for coins. 

I don't think the spot will go lower in the future.

[James32]

1 minute ago, stefffana said:

Yes, it is a very good time to buy in my opinion.

The price per oz on forum now it is very attractive: @£21-£22/oz for kilo bars and @£23-£24/oz for coins. 

I don't think the spot will go lower in the future.

To the NBS with you.

[Thelonerangershorse]

1 minute ago, James32 said:

To the NBS with you.

Not really allowed to talk about coins there though.

[stefffana]

2 minutes ago, James32 said:

To the NBS with you.

Why? 🤔

[Upsidedown]

Do you think VAT should be banned from any coins with a face value?

They are already exempt from CGT (to an extent) should they be exempt from VAT also?

[stefffana]

1 minute ago, Upsidedown said:

Do you think VAT should be banned from any coins with a face value?

They are already exempt from CGT (to an extent) should they be exempt from VAT also?

Start another thread for VAT, dude!

The OP asked if NOW it is a good time to buy, not after 100yrs!

[Upsidedown]

Just now, stefffana said:

Start another thread for VAT, dude!

The OP asked if NOW it is a good time to buy, not after 100yrs!

MANZ JUS TRYNA RANK UP G

[James32]

4 minutes ago, stefffana said:

Why? 🤔

You're very mischievous....

[stefffana]

1 minute ago, Upsidedown said:

MANZ JUS TRYNA RANK UP G

HAKUNA MATATA!

[James32]

Just now, stefffana said:

HAKUNA MATATA!

Reporting tO the NSPCA

[stefffana]

3 minutes ago, James32 said:

You're very mischievous....

I have never insulted you so far, so don't use dirty words against me!

Mis-chiev-ous!!!

Geeeez!

[Upsidedown]

2 minutes ago, stefffana said:

TATA!

Super love for this part alone.

Now go to NBS you're ruining our perfectly legitimate coin thread