A lot of different words get kicked around when it comes to describing paper money in uncirculated condition. We often hear mint, perfect, brand new, never touched, etc. Uncirculated is a technical term that implies that the note has never been folded before and it is free of any condition issues.
What does uncirculated mean when it comes to coins?
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 as money although it is still legal tender) but is available through a mint or through a local coin dealer.
How can you tell if a coin is uncirculated?
Typically, uncirculated coins have been inspected and given a grade. The higher the grade the more likely the coin has never been outside of its case. Also, if you shine a single light source on a coin and you tilt it around the light will dance around an uncirculated coin.
Where can I buy an uncirculated US penny?
There are many different ways for you to buy uncirculated coins for your collection. Uncirculated modern United States coins, such as the Lincoln penny or the Jefferson nickel, can be collected directly from circulation or rolls of coins from your local bank. Some modern coins from the Denver mint are scarce on the East Coast.
What do numismatists use to grade uncirculated coins?
Numismatists grade uncirculated coins by taking into account the concentration and quantity of these minor imperfections. Coin collectors grade uncirculated coins using a scale that ranges from MS-60 (a lot of marks and imperfections) to MS-70 (a perfect coin with no marks).
What to do with uncirculated paper money?
Store the notes in individual Mylar or acetate currency holders (available by mail order or possibly from your local coin shop). DO NOT USE HOLDERS THAT CONTAIN PVC. PVC holders are very flexible and have an almost white haze to them. They will emit hydrogen-sulfide gas and, over a short time, will destroy paper currency (or coins).
