So its tax time and the wifeys gave me some money to upgrade my collection. I want to get the 32 s washington, and upgrade my 32 d washington.i found some on Mt vernon coin site, roughly 400 and 850. I dont mind raw coins, as these are, but they are listed as uncirculated choice brillant. They also have a slabbed one of the 32 s at ms63 for 450ish. So my question is, has anyone done bisness with these people, and there custermer service and whats the difference between uncirculated brillant, and say ms 63, 64 ,65...? Thank you guys.
BU is just another was to say that the coin is not graded, but still MS. Bu is usually reserved for coins that would grade between 60 and 64. Gem is usually reserved for coins that would grade 65 and above.
Not saying that that seller would do it, but I've seen some coin sellers having coins they label as BU (generally meaning they should be MS, prob 60-64) but in looking at the coin, it is really more like AU. These are called sliders, meaning someone is overgrading and at this level, could make a big enough diff in price that it really matters. On the other hand, others make $$$ by finding coins some seller has undergraded.
I'd look around as you don't want to spend just much money on a slider. I've never done business with these people so I can't say what they are like.
Regardless of seller, when you are purchasing coins that are heavily counterfeited, as these two dates are, ALWAYS buy them in TPG plastic, PCGS, NGC or ANACS. Makes for easy resale when the time comes. Don't be like some who take the TPG plastic and then break it out to put the coin in an album and tape the tag in the back of the album. Said coins will be heavily discounted for resale if even considered. Just sayin'.
If the slabbed example at 450 for a 63 is a top tier slab. PCGS ,NGC , ANACS I would jump on that one. Raw its always dicey there are enough really good fakes out there to worry. Incidentally the reason I suggest the 450 price is good is another auction venues archive shows this date and mint as a solid 500 plus coin.
Personally I will not buy raw coins or anything sold as PQ-BU from Mt Vernon, Skyline or any other of the "big box" dealers with their full page ads. I had a bad experience with Skyline in particular. Purchased 5 1907 Indians cents listed as PQ-BU and all 5 had been dipped. The details of the coins had uncirculated appearances but after a few years in storage, the reverses all showed signs of pitting. This was before I knew better.
There is a thread on CT titled Mount Vernon Coin Company. I can't seem to get a link here but you can easily search it.