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Message:: [QUOTE="physics-fan3.14, post: 3293963, member: 19165"]I think some people are getting really hung up in this thread by the world "circulated." You have to realize that the word means different things depending on what you're talking about. In economics, circulated means the money changes hands. In numismatics, circulated means the coin has wear. It doesn't matter where it came from, how it got there, what story the dealer told you, or what cabinet it may or may not have sat in. Wear is wear. It doesn't even matter if the coin "circulated" or not. Certain words mean certain things in certain applications - and the same word can have different meanings depending on what community is using it. Circulated does not mean circulated in the economic sense. A coin can be fully Uncirculated (in the numismatic sense) while still having circulated (in the economic sense), as long as it shows no signs of wear. A coin can be circulated (in the numismatic sense, showing signs of wear) while still being technically uncirculated in the economic sense (not having been traded or used in a transaction). Is this the best choice of words? Maybe not. There may be better words we can use. But, these are the words that have been widely accepted by the hobby, like it or not.[/QUOTE]