When you begin investing in precious metals or collecting coins, you’ve likely heard these terms: Proof, BU, and Circulated. But just what do these terms actually signify—and how do they influence a coin’s value and appeal?

We at AU Bullion are of the opinion that an educated investor is a smart investor. Here is a quick guide so that you can make an informed choice about the differences among these coins so that you choose what suits your portfolio best.

What Are Proof Coins?

Proof coins are premium coins minted by a mint. They are especially crafted for collectors, rather than common circulation or even fundamental bullion investment.

Here’s what sets Proof coins apart:

• Frosted designs, similar to mirror-like finishes
• Struck double during minting to provide added detail and sharpness
• Individual packaging using protective boxes accompanied by certificates of authenticity
• Usually have lower mintages, making them more coveted by collectors

Some of these examples are Proof variations of the American Silver Eagle or Silver Maple Leaf.

Remember: Proof coins come at a higher premium above metal spot price owing to their artistry, scarcity, and craftsmanship.

What Are BU (Brilliant Uncirculated)

BU, or Brilliant Uncirculated, coins are coins never used in commerce, new coins that have never been circulated in everyday transactions. They are minted specifically for investors who do not wish to pay a collector premium on Proof coins.

Characteristics of BU coins:

• Smooth, bright finish (but not quite as highly polished as Proofs)
• Minimal, if any, wear—straight from a mint!
• Generally purchased in bulk (Monster Boxes, tubes, or singles)
• Low premiums relative to Proof coins

Available at AU Bullion are BU releases of the Silver Maple Leaf, Gold Maple Leaf, Silver Britannia, amongst others.

For those investors in need of pure bullion content and liquidity, BU coins tend to be the preferred option.

What are Circulated Coins?

Circulation coins are coins that have been used in normal commerce or have signs of age and handling that are readily apparent. In bullion, circulated products can range from coins to even bars that may have:

• Wear Marks
• Small blemishes or tarnishing

Although they might not appear newly minted, circulated coins:

• Continue to retain their intrinsic metal worth by weight and purity
• Frequently sell at lower premiums, thus being an affordable option for stacking
• They are perfect for investors interested in metal content but not color

We at AU Bullion plainly mark circulated products, making sure customers are aware of what they are buying.

Which One Would You Pick?

If you are a beginner and need a combination of beauty and worth, BU coins are a superb place to begin. If you are a collector or wish to have something special, then a couple of Proof coins would be a wonderful addition! The Chloromyc Knowing what Proof, BU, and Circulated coins are allows you to make informed purchasing decisions in light of your goals. If you’re interested in expanding your wealth, collecting historic issues, or stacking metal as cost-effectively as possible, then products from AU Bullion are what you need. Shop our entire range of gold, silver, and platinum coins through AU Bullion Canada, or come visit us in our Brampton or Vancouver store to get a look at these stunning coins in person. Regardless of what you decide, you’re making a timeless investment.