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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 as money although it is still legal tender) but is available through a mint or through a local coin dealer. [1] A bag of 1,000 uncirculated US quarters and two $10 rolls containing 40 quarters.
The United States Uncirculated Coin Set, known as the Uncirculated Set or Mint Set in the United States, is an annual coin set sold by the United States Mint. The set is marketed towards coin collectors as a way to obtain circulation coins in mint condition .
Coin dealers will normally grade these coins at or below the ones shown for that respective type, the grades here depend on how bad the issue or issues are. [27] Grading services typically label these coins as "authentic" with x grade "details" (ex: "EF details"). Coins that are uncirculated as mentioned above can not go below an MS-60 grade.
The Uncirculated Sets, or Mint Sets, contain specimens of coins that are typically minted for general circulation. The first such sets were sold in 1947 in cardboard panels with two coins for each issue, thus showing the obverse and reverse of each one. Such sets were, with the exception of 1950, annually produced through 1958.
However, a specimen in pristine, uncirculated condition can sell for as much as $67,500. See More: 3 Coins From the 1950s That Are Worth a Lot of Money 1926-S Buffalo Nickel: $135,000
Versions of this coin in pristine, uncirculated condition can sell for as much as $6,000. 1916 Standing Liberty Quarter: $2,800+
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