BU Is An Actual Grade? - Coin Community Forum

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Author	Replies: 4 / Views: 1,290
Saruma Pillar of the Community United States 968 Posts	Posted 11/08/2011 5:15 pm I was looking at an ebay auction for an 1884 O Morgan. It is in a NGC slab and the grade is "Brilliant Uncirculated". Is that slab real? If so, why in the world is a top tier TPG using BU as an actual grade? I always thought BU was a general term for any uncirculated coin when you don't want to put an actual MS number on it. http://www.ebay.com/itm/1884-O-UNIT...refresh=true Edited by Saruma 11/08/2011 5:15 pm Report this Post to the Staff

brg5658 Pillar of the Community United States 627 Posts	Posted 11/08/2011 5:21 pm Dealers/sellers can do bulk submissions for encapsulation only, and NGC will assign a grade of simply "Brilliant Uncirculated" or sometimes "Gem Brilliant Uncirculated". This is usually done at a discount to the full grading. It is a real slab and a real coin, and it is not all that uncommon. Another way this grade can be given is if a coin does not meet the minimum grade requirements of the submission. For example, say you want the coin to be put in a slab with a grade of MS65 or higher. If the coin grades MS64 or lower then it may still be put in plastic but with a generic non-numeric grade. Report this Post to the Staff
CaptainFwiffo Pillar of the Community United States 4132 Posts	Posted 11/08/2011 5:32 pm I think they sometimes do slabbing at coin shows with this "grade" and many of the coins sold on HSN are slabbed "brilliant uncirculated" also. Report this Post to the Staff
Saruma Pillar of the Community United States 968 Posts	Posted 11/08/2011 9:30 pm Interesting. I guess if I was interested in a coin in that type of holder I'd consider it a MS60 for pricing to be on the safe side. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 11/09/2011 11:26 am HHMMmmm. So next we may end up with BU-63 or BU-66, etc. And then a Gem BU or GBU-65. Could get complicated though if it was Almost a GBU so then it would be a AGBU-64. And if toned, it would now be a TAGBU-64. Report this Post to the Staff
	Replies: 4 / Views: 1,290

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