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Nbu Or PL

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Author Previous TopicReplies: 4 / Views: 4,708Next Topic  
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AgHoarder's Avatar
Canada
818 Posts
 Posted 03/30/2015  3:59 pm Show Profile   Bookmark this topic Add AgHoarder to your friends list Get a Link to this Message Number of Subscribers
Hello,

I am interested in purchasing a coin which is ICCS graded NBU. Coins and Canada only lists a value for this coin in PL as it was only available in mint sets. Are these two terms interchangeable?

Thanks in advance.
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Pokermandude's Avatar
Canada
1192 Posts
 Posted 03/30/2015  4:08 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
Numismatic Brilliant Uncirculated (NBU) is a newer definition for coins from the pliofilm sets, which used to be/are still also called Proof-like (PL).
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kuh_85's Avatar
Canada
2366 Posts
 Posted 03/30/2015  4:09 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Technically they're different but they are frequently used interchangeably as in this case. Up to and including '67 they were PL. '68 and later are BU but it took until around 1980 before ICCS changed. And then they changed to NBU. Charlton calls them MS NC (non-circulating) to add further confusion. And then in 2004 the RCM started putting circulation coins into some sets. 2010 is the year the last BU coins were struck.
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AgHoarder's Avatar
Canada
818 Posts
 Posted 03/30/2015  4:18 pm  Show Profile   Bookmark this reply Add AgHoarder to your friends list Get a Link to this Reply
Thanks guys. So how would you tell the difference between a coin meant for circulation and a NBU coin?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 03/30/2015  4:56 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Hard to tell for sure unless you know the source and look it up in Charlton Vol 2. Some years they even put specimen coins in the pliofilm sets instead of BU. It's basically a matter of training your eye by comparing high grade circulation coins to ones you know are BU. The BU ones are kind of shinier and 'cleaner'. Due to the steep price differential; when in doubt assume BU for a sharp looking coin unless it's in a reliable TPG's holder identified as circulation. For older years a rule of thumb is that if you can see your fingernail reflected on the coin then it's most likely (although not guaranteed) to be PL/BU. Starting in 2004 though that no longer applies of course.
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