Clarification of BU

[Pritchard]

hey guys.

hopefully a quick one.
So i have a handle now on Proof and Bullion.

... ''BU'', which means 'Brilliant Uncirculated', is this a 'Bullion coin' that has not yet been unpackaged, and therefore in ''mint condition' ? So, they have been stamped/processed in the usual way and havent had any additional fettling like proof coins?

 

do i have that right? i have some sovereigns still in the Royal Mint vacuum form plastic, so would these be BU?

 

thanks. depending whether or not i am correct there may be another question to follow.
 

[JunkBond]

BU is a grade but also has become a product in its own right.

https://www.royalmint.com/discover/coin-collecting/striking-standards/

https://www.thesprucecrafts.com/bu-coin-definition-768402

[Pritchard]

perfect ^^^ thats what i was looking for.

also - bad Pritchard!! Google searching would have done this for you.

 

[FFkook]

Well, it comes in handy to have this stated on the forum if others are questioning themselves about it. So good move, @Pritchard!!