Culls are coins too worn - or too damaged - to retain any real numismatic value. Expect their price and value to closely track melt, and don't expect much else.
Not trying to be a smart a** or anything, but... https://www.google.com/?gws_rd=ssl#q=What+does+Cull+Mean+in+coins&* "Cull coins are coins that most collectors wouldn't be interested in due to exceedingly poor condition. Generally coins that are graded as Basil State, Fair, or Poor by wear are considered Cull, "hole filler" or simply "filler" coins." "Basil State" sure sounds weird, though...
I'm gonna say that culls are a subset of circulated. I.e., all culls are circulated, but not all circulated coins are culls.
Based on this above, "Cull coins are coins that most collectors wouldn't be interested in due to exceedingly poor condition." could they also be coins not circulated, but somehow damaged as to be undesirable?
Not all culls are worth only melt. I bought a batch of 100 cull silver dollars many years ago and one of them was a 1899. AG, admittedly, but worth almost 3-figures:
Yes, although some circulation is implied because anything collectible in Mint State has at least a little numismatic value..
If anyone has a 1909 VDBS cent they consider a cull and want to unload at "melt' I'd be happy to fill that hole.
If you want junk silver culls may be the way to go....for melt . As for collecting you're throwing goddess money at bad. And....yes there's always stories about finding a key in a bunch of junk....there's also stories of people who hit the lottery , notice how it's never you!
No not really interested in buying but I was wondering what the term actually applied to. I have some kinda mint blue box sets that came in a collection that someone probably paid good money for that I guess half of them are culls. Now I know what the term means. Just not sure when I see like circulated say peace dollars and Cull morgans? I take it culls are much worse than circulated.
Mostly damaged or holed, worn smooth, some may even weight much less then they should due to the extensive wear. The term can be used in many terms...example they culled the herd of older cows. Meaning they selected older animals to thin the herd , and processed them.
That AG+ coin wouldn't normally be considered a cull. AG+ normally is considered a grade above AG, which is above Fair. above an ungraded cull. I haven't seen a "cull" grade, but have seen Fair and About Good graded coins below the About Good Plus graded coin you've shown. However, the term cull is a subjective term, as are graded coins. I sell some undamaged readable date coins as culls, and I have a Standing Liberty quarter without a full date that is certified MS66. It has been my experience that "circulated" 90% pre-1965 coinage will usually contain what many would consider "culls". as can be verified by reading buyer "feedback" for Quarters.
Usually, but if I take an uncirculated coin and drill a big hole in it, it is certainly now a cull, but it isn't circulated.