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All coins have been minted, minting simply refers to the striking of the coin. If a coin wasn't minted, it would just be a blank disc. Mint condition on the other hand refers to a coin with no wear on it at all, while all the other grades of coins have wear ranging from slight (about uncirculated) or a lot of wear (poor).

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Q: Is there a value difference in a minted penny or not minted?
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