Table of Contents
What is circulated vs uncirculated?
Circulated coins are produced for everyday transactions by a government run mint. These circulated coins are typically only worth their face value. Uncirculated coins can potentially be worth much more.
What does it mean when a coin is uncirculated?
Uncirculated Coin – A coin which has not been distributed or used as currency.
What is better uncirculated or proof?
Generally speaking, proof coins have a higher relative mark-up than uncirculated coins. As a collector’s item, proofs can be sold for more than the value of the raw precious metals they contain. However, the downside is they cost a little more than uncirculated coins to purchase.
Is uncirculated money real?
Can you spend uncirculated money? An uncirculated coin is a coin that has not been put into public circulation. If it’s legal currency, it can be spent at any time – although this would remove its status as uncirculated. For some other uncirculated coins, they may still uncirculated for a reason.
Can I use uncirculated money?
Should I collect proof or uncirculated coins?
Proof coins and Uncirculated coins are both popular among buyers of gold and silver, but for a few different reasons. Proofs are almost always going to demand a premium when compared to raw Uncirculated coins, but they also carry a better presentation, quality, and a higher degree of scarcity.
What coins are uncirculated?
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.
What is brilliant uncirculated condition?
Simply put, the term “BU” is a state of condition or grade. A Brilliant Uncirculated coin hasn’t been worn and retains much of its original appearance. It may have jostled around in a tube or bag, but the coin doesn’t show evidence of use as pocket change.
Can you use uncirculated coins?