What Does "numismatic Bu" Mean In ICCS Comments?

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Author	Replies: 7 / Views: 4,453
Nathancrh1 Pillar of the Community Canada 785 Posts	Posted 07/27/2013 1:16 pm I've seen this on many higher graded coins (MS coins only though) and I am wondering if these are legitimate business strikes or made for collectors. Edited by Nathancrh1 07/27/2013 1:21 pm Report this Post to the Staff

amida17 Pillar of the Community United States 4897 Posts	Posted 07/27/2013 1:23 pm Not sure why it is on a slab, maybe bulk submissions? BU (Brilliant Uncirculated) is MS 60-62, Choice BU is MS 63,64, and Gem BU is MS 65 and above. Report this Post to the Staff
chequer Pillar of the Community Canada 4227 Posts	Posted 07/27/2013 1:30 pm It means it was a coin removed from a mint's uncirculated set. Report this Post to the Staff
Nathancrh1 Pillar of the Community Canada 785 Posts	Posted 07/27/2013 1:54 pm Thanks for the replies so far. So would it still be considered a business strike? Report this Post to the Staff
amida17 Pillar of the Community United States 4897 Posts	Posted 07/27/2013 2:12 pm Not sure about Canada but in the U.S. it does not have to be out of an uncirc. set. Just that it graded high enough to be an MS coin. Quote: So would it still be considered a business strike? It is likely a business strike. I don't think any thing other than a business strike could be called BU. Proofs and specimens were not intended to circulate MS = business strikes, PF = Proof, SP =Specimen. Report this Post to the Staff
chequer Pillar of the Community Canada 4227 Posts	Posted 07/27/2013 4:33 pm Here's a link that explains the term "numismatic BU" a little: http://www.charltonpress.com/Numism...780889683280 It wouldn't be a business strike, since it wasn't intended to circulate. Report this Post to the Staff
austrokiwi Pillar of the Community 2087 Posts	Posted 07/28/2013 04:10 am Obviously its Canadian grading companies trying to differentiate their products. I actually think using "numismatic" as part of a grade name is a kin to stating " a one year anniversary" or "very infinite" ie: its redundant and ignorant doubling of meanings. Report this Post to the Staff
DBM Pillar of the Community Canada 9866 Posts	Posted 07/29/2013 10:33 am NBU (Numismatic Brilliant Uncirculated) is the lamest most confusing term ever coined by a TPG. Generally (and there are many exceptions) these are coins removed from collector sets and were struck in Ottawa,where NCLT and bullion coins are produced rather than Winnipeg,where circulation coinage is struck. "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
	Replies: 7 / Views: 4,453

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What Does "Numismatic Bu" Mean In ICCS Comments?