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<p>[QUOTE=&quot;seasnake, post: 911366, member: 25449&quot;]There is a 3rd aspect besides circ vs bu which is &quot;genuine&quot; but not graded for a variety of reasons. Some beautiful coins are available in PCGS holders at a fraction of the cost if they were assigned a grade. A rim ding on an otherwise nice coin might get it a genuine grade but sell at a fraction of the book price without the bump. Now if that coin was raw the ding might be be disregarded if minor and go for way more money. I stay away from harshly cleaned or whizzed examples but have bought a few with corrosion or a small scratch. They could be broken out (I wouldn&#039;t) and resold raw if ethicly describing the flaw, I recently purchased a 1/2 cent that was chbu except for a small, and unfortunately fresh, scratch on the obverse. In 20 or 30 years it will be brown and hardly noticible so I feel it&#039;s a good addition to my collection. Any others buying no grade coins?[/QUOTE]</p><p><br /></p>

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