Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What exactly is "Gem BU"...
>
Reply to Thread
Message:
<p>[QUOTE="Kasia, post: 1367881, member: 31533"]My understanding has been that BU is what dealers* (see note below) put on their coins when they think it's about a MS60-63/64, but in reality you probably won't get more than a 62 and you could end up with a slider. Gem BU is supposedly just above that in the 64-66 range, but again I'd be surprised to see a 66 sold as Gem BU, when a dealer can just as well label it as Choice BU which kind of says it's above a 65 'by far'. </p><p><br /></p><p>Note: *Now before all the dealers here jump down my throat, I'm not talking about them at all. I'm talking about some stores and such I've been in where all the raw coins are generally in 2 x 2s and labeled "BU". The bad part is that these coins generally are the lowest of the MS states, and are generally priced at what a coin at, say MS 64 or 65 might fetch. As if by saying BU (Brilliant Uncirculated) it somehow translates to the coin being brilliant, well-struck, and without noticable marks. Maybe BU should now be interpreted as 'basically uncirculated' in that if it is uncirculated, it's a low MS grade, and if it looks real nice, it's probably as slider (or basically an uncirculated coin if you ignore the slightest part of wear).</p><p><br /></p><p>There are dealers on here and at some of the coin shows I've been at that seem to be very upfront with their grading. So can't take this generalization to mean every dealer does this. As I'm learning more about grading, it seems I am having an easier time of spotting the dealers that don't seem to know their grading. That's probably good.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1367881, member: 31533"]My understanding has been that BU is what dealers* (see note below) put on their coins when they think it's about a MS60-63/64, but in reality you probably won't get more than a 62 and you could end up with a slider. Gem BU is supposedly just above that in the 64-66 range, but again I'd be surprised to see a 66 sold as Gem BU, when a dealer can just as well label it as Choice BU which kind of says it's above a 65 'by far'. Note: *Now before all the dealers here jump down my throat, I'm not talking about them at all. I'm talking about some stores and such I've been in where all the raw coins are generally in 2 x 2s and labeled "BU". The bad part is that these coins generally are the lowest of the MS states, and are generally priced at what a coin at, say MS 64 or 65 might fetch. As if by saying BU (Brilliant Uncirculated) it somehow translates to the coin being brilliant, well-struck, and without noticable marks. Maybe BU should now be interpreted as 'basically uncirculated' in that if it is uncirculated, it's a low MS grade, and if it looks real nice, it's probably as slider (or basically an uncirculated coin if you ignore the slightest part of wear). There are dealers on here and at some of the coin shows I've been at that seem to be very upfront with their grading. So can't take this generalization to mean every dealer does this. As I'm learning more about grading, it seems I am having an easier time of spotting the dealers that don't seem to know their grading. That's probably good.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What exactly is "Gem BU"...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...