Uncirculated coin
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The term uncirculated coin can refer to three things:
- A coin that is released to the public but not intended for general circulation (i.e. not used for money although it has an actual value) but is available through a mint or through a local coin dealer. Most uncirculated coins of this type are either commemorative coins made of gold, silver, or platinum bullion coins (see picture below); actual uncirculated rolls or bags of coins (see next bullet and picture below); special coinage sets; or proof sets (see pictures below).
- A coin that has been officially graded as in "Mint State 60+";
- The process by which a coin is made. The U.S. Mint uses this definition, since uncirculated coins are made in a different way than those released to the general public for use as money.