A coin described as such refers to currency that has never been released into general circulation. This means the coin has not been used in everyday transactions and, ideally, retains the same condition it possessed at the time of minting. For example, a freshly minted dollar coin, carefully removed from a mint-sealed bag or roll and immediately stored in a protective holder, could be considered in this condition.
Maintaining the original state of these coins is crucial for numismatists and collectors. The pristine condition significantly impacts a coin’s value, making it more desirable and potentially more valuable than a circulated counterpart. These coins offer a glimpse into the past, showcasing the original luster and detail intended by the mint’s design.
