"Uncirculated" refers to coins or currency that have never been used in everyday transactions. These items are typically in pristine condition, showing no signs of wear or damage. They are often collected for their aesthetic value and potential investment worth, as they retain their original mint luster. Uncirculated coins are usually produced by mints, such as the United States Mint, and are often sold in protective packaging. Collectors seek these coins to complete their collections or to preserve them as a store of value. The term can also apply to certain types of banknotes that have not been circulated.