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What Is A Uncirculated Coin
What Is A Uncirculated Coin latest news, images, analysis about WebSep 8, 2011 · The term " uncirculated coin" refers to the condition of a coin that indicates that it has never circulated in the regular money supply in the economy. In other words, the coin shows no signs of wear on any of its surfaces. Remember, all coins enter the …
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What is the difference between proof and uncirculated coins?
Why Some Collectors Prefer Proof Coins
- Presentation: Because proof coins are struck twice, hand polished and inspected by hand, the appearance is second to none.
- Rarity: Proof coins are less common than general uncirculated coins, making them highly collectable.
- Value: Proof coins are typically considered more valuable (but this is not always the case).
What does uncirculated coin look like?
Uncirculated (MS-60, MS-61, MS-62): A technically uncirculated coin with abundant and noticeable defects such as bag marks and scrapes. It is usually accompanied by a poor strike and dull mint luster.
Can uncirculated coins be used in circulation?
In simple terms, yes you can spend them! Technically speaking, uncirculated coins are legal tender… …However, the moment the coin is removed from its case and damaged, even in the slightest bit, it drops in value. For example, an uncirculated nickel could be worth ten cents up until it is put into circulation.
What does uncirculated money mean?
Uncirculated means no folds or bends or dirt smudges and the note must have 4 sharp corners. The notes will be crisp with no waviness to the paper. Superior uncirculated pieces (choice or gem) have better centering and brighter colors and a very deep sharp raised impression.
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