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 Replies: 28 / Views: 6,801 |
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Valued Member
Canada
220 Posts |
Hello,
I have come across many ICCS which state the condition as Numismatic BU and am curious what the difference is between this and a regular BU coin or mintstate coin...curious if anyone could explain the differences
Thank you!
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Valued Member
United States
288 Posts |
Brilliant Uncirculated is supposed to represent a new shiny freshly minted coin with no wear at all. Technically speaking, anything from mint state MS60 to MS70. That being said, a BU MS 60 coin is usually far uglier than a BU MS65 or better coin. My guess from your description of ICCS Numismatic BU is a verbal way to differentiate between a typical uncirculated and and very nice BU.
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Pillar of the Community
Canada
4227 Posts |
Numismatic BU is the new PL.
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Pillar of the Community
Canada
2187 Posts |
yes, Numismatic BU is the new way they note PL coins
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Pillar of the Community
Canada
1051 Posts |
Numismatic BU is an NCLT coin that is not a business strike meant for circulation (nor a proof or specimen). Calling coins "MS-XX Numismatic BU" is one of the dumbest things ICCS has ever done. Many new collectors have mistakenly thought they were buying an expensive mintstate coin but in fact purchased a common and low value coin (ie. 1991 25c MS-67 Numismatic BU").
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Valued Member
Canada
287 Posts |
It is my understanding that there are no PL coins made anymore. Starting with 2011 all uncirculated sets from the mint are just business strike coins packaged for sale? I have been going through some uncirculated sets in the past few days and there is a big difference in the 2010 set(PL) and the 2011 and newer sets. I would say I have better examples of coins from circulation that are in the sets.
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Valued Member
Canada
395 Posts |
When did they start doing this?
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Valued Member
United States
83 Posts |
Concur.
I picked up a 2015 uncirculated set, and while it got reasonable shiny points, it did not look as nice as mint sets, from the 90s.
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Valued Member
Canada
287 Posts |
Charlton says. In 2011 the Brilliant Uncirculated Set was discontinued and replaced by the Uncirculated Set. Thus the finish Brilliant Uncirculated (MS-65 NC and higher) was also discountinued. So starting in 2011 in their tables they only have MS-? C.
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Pillar of the Community
Canada
814 Posts |
NBU is coins from sets
And yes they stopped making nbu coins for 2012 and on
Bu is just another term like unc
Pl (proof like) - older sets 1954 to 1980 or something
Nbu - 1981 to 2011
Specimen - 1996 to present
Proof - 1981 to present
Ms is a business strike coin
I may be off on my dates I'll check when I get home and edit if I have to
Edited by Solidifier
12/29/2015 3:58 pm
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Bedrock of the Community
Australia
21788 Posts |
With ICCS introducing the idea
"Numismatic BU",
small wonder there is confusion amongst collectors.
Not a big deal for me though, because only a very small component of my overall collection is either slabbed or is some type of marketed mint product.
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Pillar of the Community
Canada
2845 Posts |
Twoods I can understand your confusion. BU stands for Brilliant Uncirculated and the finish of coins from Uncirculated Sets in 2010 and onward is still BU, regardless of how various grading companies choose to differentiate it from MS coin that was packaged in rolls. I would appreciate anyone who is able to explain specifically what changed in the minting process of Uncirculated Sets between 2010 and 2011 because otherwise I've come to the conclusion the change occurred many years prior. From RCM's website - bold added by me Uncirculated Set (2010) The 2010 Uncirculated Set continues a long tradition as the perfect way to collect Canada's circulation* coins year-to-year or begin collecting in 2010. These shiny coins are also an original keepsake to transform everyday achievements (first day of school, first job) into memorable milestones, great to keep on hand for life's unexpected victories!.... http://www.mint.ca/store/coin/uncir....VoL1tK9fOrVUndirected Set (2011) The Uncirculated Set continues a long tradition as the perfect way to collect Canada's circulation coins from year-to-year. These shiny coins are also an original keepsake to transform everyday achievements like the first day of school or first job, into memorable milestones—keep them on hand for life's unexpected victories!.... http://www.mint.ca/store/coin/uncir....VoL2Sa9fOrV*corrected quote - "circulation" not circulated Edited by wildflowerAB
12/29/2015 9:26 pm
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Valued Member
Canada
287 Posts |
In Charlton Volume 2, 6th Edition 2016 it is explained on page 373. It shows sets upto and including 2010 as "Finish BU" and starting in 2011 "Finish Circulation". Text states "Beginning on 2011, the finish on the coins was lowered to circulation. The brilliany uncirculated (MS-65-NC) finish found on the coin sets since 1968 was discontinued."
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Moderator
 Canada
10458 Posts |
ICCS started calling all modern Proof-like (PL) strikes 'Numismatic BU' in March of 2006. There are some modern PL coins out there graded as PL and not Numismatic BU, which were graded before that date. The problem was that sometimes, these coins were graded MS and not PL... In the past few years, they have been consistent. Up to and including 1976 - PL 1977 to 2010 - Numismatic BU, struck and produced in Ottawa (except in 1997 and the 1998W and 2000W sets). There are no 'PL' coins after 2010. The uncirculated coin sets are now produced from circulation coins struck in Winnipeg. If you are a member of the RCNA, there is a two part interview with Brian Cornwell in the CN Journal this past year. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
2845 Posts |
By virtue of RCM naming Uncirculated Sets as such, as well as the reference to collection of Circulated Coin within the details of their advertising (see 2010 above quote), I'm still of the opinion sets in a number of unknown years well prior to 2011 simply consist of circulation coin, regardless of grading label. From the RCM website, definition of "Uncirculated": Uncirculated Either a circulation coin that has never been circulated or a coin with a brilliant field over a brilliant relief. http://www.mint.ca/store/mint/learn....VoM2ga9fOrUBeyond that, I also notice RCM's definition of BU is: Brilliant uncirculated A brilliant relief is struck on a brilliant field. Brilliant uncirculated coins are struck up to two times on numismatic presses. (Same link) BU would be the same finish as SD's that now have apparently been discontinued. So is it suggested that up to and including 2010 coins in Uncirculated Sets were also double struck? If not and pardon me if I'm being dense but what is the specific physical difference between Uncirculated Sets minted in Ottawa and Winnipeg? I would really like to some day understand because when I look at my own Uncirculated Sets I notice no visual difference that apparently occurred between 2010 and 2011. Edited by wildflowerAB
12/29/2015 9:01 pm
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Pillar of the Community
Canada
2845 Posts |
Confusing as well is the oft-mentioned fact that other RCM Gift Sets were comprised of circulated coin prior to 2011. But when I read the following description "Uncirculated Coins" suggests to me it comes from exactly the same bucket of coin as that of Uncirculated Sets. Baby Gift Set (2010) To celebrate a birth or a baby shower, this is the perfect gift to welcome a newborn in 2010. Each set includes Canada's traditional uncirculated coins* with a unique coloured design on the 25-cent coin. Folder design is die cut in the shape of a maple leaf for a distinctive Canadian touch. *25-Cent Caribou Coin not included. http://www.mint.ca/store/coin/baby-....VoNC5q9fOrU |
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Replies: 28 / Views: 6,801 |
Posted 12/28/2015 7:55 pm
