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 ; actual uncirculated rolls or bags of coins (see next bullet below); special coinage sets; or proof sets.
A 1000 Unc U.S. mint Quarter-Dollar coin bag and two Unc U.S. mint $10(40 quarter) rollsA 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.
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