It’s important to note that circulated coins aren’t necessarily old-they could have only been used once or twice before being put back into circulation for another transaction.Īs far as collectible coins go, these tend to be considered lower quality because they’re more likely than uncirculated or proof coins (which we’ll get into later) to have scuffs and scratches from being handled by the public.
A circulated coin has been used in transactions and has come into contact with other money, such as paper bills. Circulated coins are used to refer to coins that have been in circulation.