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<p>[QUOTE=&quot;Dymaxion22, post: 47564, member: 964&quot;]I don&#039;t mean to fuel the debate, but couldn&#039;t help thinking&nbsp; as I read all the messages above that there must be some sort of authority about what &quot;uncirculated&quot; means.&nbsp; Then in another thread, I came across GD&#039;s post stating &quot;Any time there is a term that you do not understand, try looking here - LINGO&quot;.&nbsp; (The link is to the PCGS glossary.)</p><p><br /></p><p>So I went there, and the definition it provides for &quot;uncirculated&quot; is:&nbsp; &quot;Term to indicate a coin or numismatic item that has never been in circulation, a coin without wear.&quot;</p><p><br /></p><p>Unfortunately, this definition is ambiguously worded.&nbsp; If you infer an &quot;or&quot; after the comma, then both sides to the debate in this thread are vindicated and the agreement to disagree is well-founded.&nbsp; If you infer an &quot;and&quot; after the comma, however, then having never been in circulation would be a requirement of being uncirculated, in addition to an absence of wear.&nbsp; (If you prefer not to infer any word after the comma, and to take the two phrases as synonymous, then the drafter did a poor job, as the messages in this thread reveal.)</p><p><br /></p><p>Can anyone else point to any more helpful authority?</p><p><br /></p><p>Dymaxion[/QUOTE]</p><p><br /></p>

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