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- Blank
A blank disc of metal with milled edges used to make a coin.
- Blended
A term applied to an element of a coin (date, design, lettering, etc.) that is worn into another element or the surrounding field.
- Bear
Someone who expects prices to fall.
- Brilliant
Untoned. With no tarnish or oxidation, and with original cartwheel (frosty) or prooflike lustre. Copper coins are considered brilliant if they have full original red.
- Breen
The late Walter Breen.
- Blank
A flat disk of unstruck metal destined to be made into a coin.Also see: Planchet
- Burnishing
A process in which the surfaces of a coin or a planchet are shined through rubbing or polishing. This term has both a positive and a negative context: In a positive sense, Proof planchets are burnished before they are struck. The procedure was done originally by rubbing wet sand across the surfaces to impart a mirror-like finish. In a negative sense, the surfaces on repaired or altered coins may be burnished by mechanical or chemical methods. For example, a high-speed drill with a wire brush attachment is used to achieve this effect.
- Bear Put Spread
The purchase and sale of put options at different exercise prices but with the same expiry date. The puts purchased have a higher exercise price than the puts written. The investor expects a fall in the price of the underlying asset.
- Bronze
An alloy of copper and tin; special types also contain other elements.
- Basal value
The value base on which Dr. William H. Sheldon's 70-point grade/price system started. The lowest-grade price was one dollar ($1) for the 1794 large cent - upon which he based his system.
- Bank Of England
Founded in 1694. ‘The Old Lady of Threadneedle Street’ has been the focal point of gold and silver trading in London for over three centuries and is the present day regulator of the London Bullion Market. It is one of the most active Central Banks in gold and is the gold depository for many of the world’s Central Banks.
- Bourse
The Paris stock exchange. This term has come to be synonymous with coin show.
- Bulged die
A die with a small indentation, formed from clashing. Results in "bulged" coins.
- Bis
Bank for International Settlements. Based in Basel, Switzerland, it was founded in 1930 and now acts as a non-political Central Bank for Central Banks.
- Breen-Gillio
Numbering system base on the book California Pioneer Fraction Gold by Walter Breen and Ron Gillio.
- Bag
A generic term for the cloth sacks used to transport and store coins. These came into use in the mid-nineteenth century and replaced wooden kegs. Also refers to the quantity of coins of a particular denomination found in a bag (such as 5000 cents or 1000 silver dollars).
- Bear 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 higher exercise price than the written (or short) calls. The investor expects a fall in the price of the underlying asset.
- Bull
Someone who expects prices to rise.
- Bar Chart
A type of chart commonly used in technical analysis which shows highs, lows and closing prices.
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