Cull Coin

Discussion in 'US Coins Forum' started by ryanbrooks, Jan 3, 2008.

  1. ryanbrooks

    ryanbrooks Active Member

    When people say it's a cull coin, what does it mean???
     
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  3. Bonedigger

    Bonedigger New Member

    I consider it to be a damaged coin, suitable for bullion only...

    Take Care
    Ben
     
  4. Hobo

    Hobo Squirrel Hater

    cull (v) - to remove rejected members from a group (e.g., a herd)

    Growing up on a dairy we used to cull cows from the herd when they no longer produced a profit. We usually sent these cows to the auction barn or the slaughter house. In the case of coins, a dealer or collector may cull damaged or excessively worn coins from his inventory/collection and, instead of sending the coins to be melted (the equivalent of a slaughter house), they may offer them for a cheap price to collectors who may not be able to afford a nicer example of the coin. In reality, a lot of cull coins get melted.
     
  5. kanga

    kanga 65 Year Collector

    Hmmmmmmm, it looks like my thinking and understanding may be wrong.
    I always considered a cull to be a dateless coin, like the worn ones often seen from the buffalo nickel series.
    To me a well worn, inexpensive coin that still has an identifiable date/mintmark is a "space filler", eventually to be replaced with a better one. Or is that just a philatelic term?
     
  6. Pocket Change

    Pocket Change Coin Collector

    Ok. this is actually in MY area of expertise!!!!

    Generally speaking, a cull is either damaged, impaired or is heavily worn. I bottom feed and regularly deal with these coins.

    Examples:
    a. A coin that has a gouge, severe scratches, a drilled hole, irregular shape, severely dinged rims, etc. This is the "worst" kind of cull because it probably won't look good in your collection - even if you're a cheapskate. However, it still has its bullion value.

    b. An otherwise ok coin that does not have a date. Without a date, there isn't much to do with it except maybe fill a hole in a cheap Type Set or again, it still has any bullion value.

    c. Excessively cleaned coins. And I mean EXCESSIVELY cleaned. Same remarks as for b.

    d. Just a well worn coin. Usually either Fair or AG.

    If you get lucky, the seller may be a bit of an aristocrat and anything below F is a cull for him and you get lucky and might even land some AG/G coins.

    But if the seller says cull, you must be willing to accept a., b., and c. And of course, most of those "lots" do not have a return policy.
     
  7. kanga

    kanga 65 Year Collector

    So the term "space filler" is not used in numismatics?
     
  8. Captainkirk

    Captainkirk 73 Buick Riviera owner

    Yes, I use the term 'filler' , but a filler must have the correct date and mint mark, whereas a cull may be dateless.
     
  9. Troodon

    Troodon Coin Collector

    There are some who define a "cull" more specifically, as a coin that is so worn or damaged that it can't even be graded PR-1. Usually though it's meant in the sense Pocket Change posted.
     
  10. Tater

    Tater Coin Collector

    Having owned cattle a cull cow=quarter pounder with cheese.
    Cull coins = spot price.
     
  11. Shortgapbob

    Shortgapbob Emerging Numismatist

    From a dealer's standpoint, culls of a particular coin are usually identifiable specimens that are badly damaged, by being severly scratched, corroded, bent, scrubbed, etc.

    When buying culls at a certain price, dealers will usually not accept holed coins.
     
  12. clembo

    clembo A closed mind is no mind

    I think Pocket Change hit it pretty well with examples included.

    I pretty much always looked at a cull as really damaged or horribly worn but with a date and mintmark if applicable.
    They are of value to many that do need to fill a hole as it were and do it cheap.

    Doesn't apply to just silver either in my opinion. I have three 1912-S Liberty Nickels. One is very worn and borderline cull. Date and mintmark are visible but FR-2 grade. Didn't need it but it was cheap and a key date.
     
  13. thebigandy

    thebigandy Member

    And this is why I joined, free knowledge!
     
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