Explain BU Grade

Discussion in 'US Coins Forum' started by edduns, Jul 4, 2007.

  1. edduns

    edduns Senior Member

    I am starting a Sacagawea Dollar collection. I am seeing different BU conditions on each site for grade in BU. Please explain what the following means for grading a Sacagawea Dollar. Thank You

    Choice BU
    Gem BU
    Primium BU
     
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  3. jody526

    jody526 New Member

    Those grades can vary from dealer to dealer.
    You have to get to know someone, to get an idea of how he grades, and the terminology he uses.

    I usually describe uncirculated coins as: Unc., BU, and Gem BU.
    Three grades keeps it simple, and avoids confusion.
    I have a handful of dealers, that I usually purchase from, and they grade very similarly to the way I do.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    I agree it varies, but is supposed to be -

    Choice BU = MS63
    Gem BU = MS65
    Premium BU = MS67
     
  5. Aidan Work

    Aidan Work New Member

    We describe Uncirculated coins as Unc.,B.U.,& Prooflike (P.L.) over here in New Zealand.

    Aidan.
     
  6. Treashunt

    Treashunt The Other Frank

    BU= Beat Up.

    Especially from any eBay seller.

    Therefore:
    Choice Beat up
    Gem Beat Up
    Primium Beat Up
     
  7. asciibaron

    asciibaron /dev/work/null

    for some "rare" coins, BU means Bone Up, as in you need to cough up some serious dough to buy it...

    i remember a time when coins were G, F, VF, XF, UNC, and BU. now we have a much finer resolution in grading and insane amounts of money hinged on a single number difference - i blame the investers ;)

    -steve
     
  8. Treashunt

    Treashunt The Other Frank

    Steve:
    I couldn't agree more.
    It has taken the fun out of collecting.
    So, I stay with nice coins.
     
  9. asciibaron

    asciibaron /dev/work/null

    i can only imagine how fun it was to have a variety of coins from different series of the same denomination in your pocket. Buffalo and Jefferson nickels, Barber, Mercury, and Roosevelt dimes - oh well. we have become such a mono-culture in so many ways here in the states - our coinage just follows suit.

    -steve
     
  10. jwevansv

    jwevansv Senior Member

    Well, it still happens... Older Washington Quarters - New State Quarters. Older Jefferson Nickels - Keelboat, Oceanview, Bison, Louisiana Purchase, New Liberty Nickel design.

    I understand what you were talking about though.
     
  11. grizz

    grizz numismatist


    you mean in a perfect world.....right?
     
  12. mikenoodle

    mikenoodle The Village Idiot Supporter

    well, the standard IS what the STANDARD is, nothing to mention of coins really... that's where things get subjective

    KWIM?
     
  13. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    it means we charge $ for this one $$ for this one and $$$+ for this one because we can, or whatever incremements they choose to implement
     
  14. edduns

    edduns Senior Member

    Thanks everyone I have a good idea of bu now. Guess I will order a few and see for my self.

    Ya know what makes me barf is the shipping cost they charge - $3.00 to $9.00. Do you know of any coin that would not ship for the .41 cent with out insurence????????????????

    Oh Ya the handiling fee - BIG DEAL-Put coin in envelope and take to post office.
     
  15. jody526

    jody526 New Member

    Yes, it is possible to send a coin through the mail, for the price of a postage stamp.
    I've done it many times.

    I can do that, because I don't insure the coins, I don't have to purchase new packaging materials and bubble mailers, I don't have to keep books on my inventory, I don't have to print invoices, I don't buy advertising space, I don't own a storefront shop, and I don't have related fees like eBay and PayPal.
    I don't go to the Post Office, either. The USPS picks up mail at my home.
    I wouldn't be able to pay for someone else's gas to drive back and forth to the Post Office.

    Actually, $3.00 isn't too bad for S&H on a single coin (or small lot) from an eBay seller who accepts PayPal credit cards.
    Much more than that though, and I'll buy from someone else.
     
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