Determining whether a coin has never been in circulation involves careful examination. An uncirculated coin, also known as Mint State, retains its original luster and exhibits no wear from handling or contact with other coins. For example, sharp details on the coin’s design, fully reflective surfaces (depending on the minting process), and the absence of scratches or abrasions are indicative of its pristine condition.
Identifying a coin in this condition is important because its value is significantly higher than that of a circulated example. Collectors seek Mint State coins for their aesthetic appeal and as a representation of the coin’s original appearance. The historical context of preservation further adds to the coin’s desirability, as it provides a tangible link to the time it was produced.