Links:
- Barrier Options
Barrier options are history dependent. Eventual exercise depends on the underlying price movement during the life of an option and whether prices breach a pre-determined barrier or level.
- Bull Call Spread
The purchase and sale of call options at different exercise prices but with the same expiry date. The purchased (or long) calls have a lower price than the written (or short) calls. The investor expects a rise in the price of the underlying asset.
- Bust
The head and shoulders of the emblematic Liberty seen on many US issues.Also see: Capped Bust, Draped Bust
- Bullet sale
A trademark of Heritage Numismatic Auctions, referring to a public auction model with an exceptionally short lead-time between the consignment deadline and the sale date.
- Braided Hair
Style of hair on half cents and large cents from 1840 on. The hair is pulled back into a tight bun drawn with a braided hair cord.
- Burnt
Slang term for a coin that has been over-dipped. On such a coin, the surfaces are dull and lackluster.
- Breen Book
Slang for Walter Breen’s Complete Encyclopedia of U.S. and Colonial Coins. It was published in 1988.
- BU rolls
Wrapped coins (usually in paper) in specific quantities for each denomination. Cents are quantity 50, nickels quantity 40, dimes quantity 50, quarters quantity 40, half-dollars and dollars 20, etc.
- Bourse floor
The physical area where a coin show takes place.
- BN
Short for Brown; refers to copper coins.
- BG Gold
Term sometimes applied to California fractional gold coins as documented in the Breen-Gillio reference work California Pioneer Fraction Gold.
- Barber coinage
Common name for the Charles Barber designed Liberty Head dimes, quarters, and half dollars struck during the 1890s and early 1900s.
- Basal state
The condition of a coin that is identifiable only as to date, mintmark (if present), and type; one-year-type coins may not have a date visible.
- Burnishing lines
Lines resulting from burnishing. Typically seen on open-collar Proofs and almost never observed on close-collar Proofs.
- Beaded border
Small round devices around the edge of a coin, often seen on early U.S. coins.
- Bullion
The generic word for gold and silver in bar or ingot form. Originally meant ‘mint’ or ‘melting place’ from the old French word bouillon which means boiling.
- Bust dollar
Slang term for silver dollars struck from 1795 through 1803.
- Bluesheet
Synonym for the Certified Coin Dealer Newsletter.
- Bullion
Ingots, coins, or other issues that trade for their intrinsic metal value. Only precious metals (silver, gold, platinum, and palladium) are included as bullion. Copper could also technically be considered as bullion.
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