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<p>[QUOTE="Vess1, post: 652538, member: 13650"]No problem. Just realize that it can be true and an advertisement like that isn't necessarily trying to scam anyone. For example, many dealers on ebay started buying rolls of the modern, low mintage Kennedy halves, anticipating that people (like me) would pay a premium to get them for their sets some day down the road. So they bought the rolls from the mint and sat on them until buyer (me) comes along and pays $5-$10 a coin for coins from an 80's BU roll, that they might have paid 0.60 a coin for. </p><p><br /></p><p> Most of the time, BU means it's coming from a newly opened mint roll. Usually BU from my understanding, means that they have not circulated but is a VERY loose, general term and that may not always be the case. While grades (AU-50, MS-60, etc..) are exact terms meaning the coin meets those criteria *when graded by a TPG*. Sometimes dealers will grade things themselves and it is normally in their favor. Which is why it's probably good to start out buying mainly slabbed coins to get a feel for what properly graded coins look like in hand, before debating a grade with a dealer.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 652538, member: 13650"]No problem. Just realize that it can be true and an advertisement like that isn't necessarily trying to scam anyone. For example, many dealers on ebay started buying rolls of the modern, low mintage Kennedy halves, anticipating that people (like me) would pay a premium to get them for their sets some day down the road. So they bought the rolls from the mint and sat on them until buyer (me) comes along and pays $5-$10 a coin for coins from an 80's BU roll, that they might have paid 0.60 a coin for. Most of the time, BU means it's coming from a newly opened mint roll. Usually BU from my understanding, means that they have not circulated but is a VERY loose, general term and that may not always be the case. While grades (AU-50, MS-60, etc..) are exact terms meaning the coin meets those criteria *when graded by a TPG*. Sometimes dealers will grade things themselves and it is normally in their favor. Which is why it's probably good to start out buying mainly slabbed coins to get a feel for what properly graded coins look like in hand, before debating a grade with a dealer.[/QUOTE]
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