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999magnum

Certified Bullion?

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1 hour ago, airmac said:

Aren't the brilliant uncirculated the ones that didn't make the grade?

That would make sense. I just don't see a point to this except that they are selling the slab. 

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2 hours ago, 999magnum said:

That would make sense. I just don't see a point to this except that they are selling the slab. 

Exactly.  I'm waiting for a slab with LED or neon lights, I can use it as a night light!  I'll pay triple the bullion value!

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18 hours ago, 999magnum said:

So basically this is less than grade, but a perfect bullion? I don't understand this. 

Gem Proof/BU means a 65+ grade and is probably the cheapest way to slab/authenticate coins that wouldn't catch a premium otherwise (I suppose the dealer preselected (or even the grader) and slabs the scrap as gem brilliant uncirculated while the 69/70 coins get a proper grade. 

This might be the safest way for some forum members who are unhappy about the state of their purchases from bullion dealers. 

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