Glossary of Terms
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Ultra Cameo

A term that means Deep Cameo, used by the third party grading service NGC. Applied typically to a Proof coin, or a prooflike coin with deeply frosted central devices and lettering in high contrast with the mirror like fields. Sometimes these are called "black and white" cameos.

Ultra High Relief

Alternate term for Extremely High Relief.

Ultra Rare

A numismatic item that is represented by only a few examples.

Unc

An abbreviation for Uncirculated.

Uncirculated

A coin or numismatic item in new condition, which has seen no wear and has not been circulated, but may show marks from bag storage.

Underbidder

One that executes the bid preceding the winning bid.

Undergraded

A coin bearing a grading designation lower than it should.

Unique

A numismatic item of which only one specimen is known to exist.

Unsold

An item that did not sell through auction because it did not receive bids equal to or greater than the reserve.

Used

A term that describes a coin that has light to heavy wear or circulation.

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