Help me understand "uncirculated" with respect to Krugerrands...

I took delivery of a Krugerrand from Bulliondirect that I purchased off of their Nucleo exchange. The specifications for the product state: "Symbol: GCSK100 Weight: 1.00 oz. actual; 0.07 lbs. shipping Condition: Uncirculated..."

The coin I recieved is definitely a Krugerrand, minted in 1978, it's got some discoloration (that can be easily cleaned up), but it also has some dents around the edges that you might see if it got banged around a bit. Nothing huge, but definitely not what I'd consider "Uncirculated". But all my other coins were practically newly minted when I got them, so I'm not used to seeing such things on them.

Is this normal for this type of coin, or should I expect better? I got it for $20 over spot when spot was $1600, so I don't have much to complain about either way, it is an ounce of gold, after all. But just wondering for future purchases and sales...