BU What does it mean?

ounces

New Member
Talk about a newbie question but I still do not know what BU means when it comes to coins.
OK you can stop laughing now!!!!!!
 
Brilliant Uncirculated was my understanding

Oops .... Beaten by CL
 
Yes it means brilliant uncirculated. Which means it is a normal bullion coin which has not been in circulation or handled. You normally have issued proof coins which come boxed with a certificate. The proof coin generally will have a very polished mirror like finish in the background while the BU coin will have a matt finish.
 
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