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<p>[QUOTE=&quot;Tom B, post: 1879925, member: 11854&quot;]I don&#039;t expect perfection in any coin I purchase. </p><p><br /></p><p>To me, a but-coin would be more along the lines of an otherwise perfect EF Seated Liberty dollar with a nasty rim bruise that has flattened an obvious portion of the obverse rim.&nbsp; Some folks would buy that coin for rather strong money because they would reason that they couldn&#039;t afford an EF piece if not for the rim bruise.&nbsp; That may be perfectly acceptable to that person and it may or may not prove satisfactory in the future.&nbsp; In my experience with speaking to collectors, these types of issues grow bothersome over time.</p><p><br /></p><p>Visual inspection without a loupe can get rid of the vast majority of coins that will eventually be rejected.&nbsp; The loupe typically comes into play to inspect surface integrity, so I guess the answer would be that the loupe could definitely play a role in defining a coin as a but-coin.[/QUOTE]</p><p><br /></p>

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