Collector & Reseller Glossary

What the jargon actually means — and what it does to resale value. 3,212 terms across 12 categories.

14 terms in Coins & Currency starting with “B” · page 1 of 1

1. bag breakCoins & Currency
   A bag break refers to the process where a dealer or collector purchases a large, bulk lot of coins, often referred to as a "bag," and then individually sorts, authenticates, and grades each piece. This is a common practi
2. bag holderCoins & Currency
   A bag holder is a specialized, often archival-quality plastic or cardboard sleeve designed to safely store and protect individual coins or small sets of currency. These holders prevent physical damage, such as scratches,
3. bag markCoins & Currency
   A bag mark refers to a light surface abrasion or scuffing that occurs on a coin when it is stored in a plastic or cloth bag with other coins. These marks are typically not deep scratches but rather minor contact blemishe
4. baggedCoins & Currency
   This term refers to coins that have been stored or sold in bulk, often within plastic bags or pouches, rather than individually graded or displayed in protective holders. For collectors, this indicates a lack of individu
5. bagged varietyCoins & Currency
   This refers to a specific coin that exhibits a particular variation in its minting, design, or metal composition, and this variation is documented and recognized within numismatic circles. The term "bagged" implies that
6. bandedCoins & Currency
   This term refers to a specific type of surface marking or feature on a coin, often indicating a deliberate design element or a form of wear pattern. In numismatics, "banded" can describe lines, stripes, or areas of diffe
7. banknoteCoins & Currency
   A banknote is a form of paper money issued by a central bank or government, representing a promise to pay a certain value. For collectors and resellers, the condition of the banknote is paramount, as wear, tears, fading,
8. banknote gradeCoins & Currency
   This refers to the condition and quality assessment of paper currency, much like grading for coins. Instead of using traditional numismatic grades like MS or VF, banknote grading focuses on the integrity of the paper, in
9. bronzeCoins & Currency
   This refers to a metal alloy primarily composed of copper, often mixed with tin or other elements, used in the casting or striking of certain numismatic items. For collectors, the material itself is a key identifier, as
10. bullionCoins & Currency
    Bullion refers to precious metals, typically gold or silver, that are refined and sold in bars, rounds, or coins rather than as jewelry or investment-grade numismatic pieces. For resellers and collectors, it represents a
11. bullion coinCoins & Currency
    A bullion coin is a coin minted specifically to hold intrinsic value based on the precious metal content, such as gold or silver, rather than its face value or numismatic rarity. These coins are typically produced in sta
12. business proofCoins & Currency
    This designation indicates that a coin has been struck using specialized dies and processes designed to produce an exceptionally high-quality, mirror-like finish on the fields and sharp, frosted details on the devices. U
13. business strikeCoins & Currency
    A business strike refers to an error in the minting process where the die strikes the coin at an unusual or unintended angle, often resulting in a noticeable tilt or offset in the design elements. These are considered mi
14. business strike coinCoins & Currency
    This refers to a coin struck by a private entity or a non-governmental organization, rather than by the official mint of a sovereign nation. These coins are often produced for commemorative purposes, promotional events,