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<p>[QUOTE="Troodon, post: 1590486, member: 4626"]In my experience "gem" usually translates to 67 or higher (66 at bare minimum) but "gem" is not an officially defined term; it just means in someone's opinion (usually the seller's) that the coin has good eye appeal and is better than the average. Modern proofs tend to be of high quality anyway due to better production and handling practices by the mint, so "gem" doesn't mean a whole lot on something like this. It doesn't represent something better than the average; it represents the minimum expectation.</p><p><br /></p><p>Same with "deep cameo." Cameo means that there's strong contrast between the devices (which should be frosted) and the field (which should be mirrored). For any US proof since about the 1970's this should be generally be accepted already. ("Ultra cameo" means precisely the same thing but is the term used by NGC where the other big TPGs use "deep cameo" instead.)</p><p><br /></p><p>For modern proofs PF-67/68 is the basic expectation and not very rare; they don't start commanding any significant premiums until 69 or 70 (for many issues even 69 doesn't command much of a premium). The mint is just too good at making proofs these days for anything short of perfect or almost perfect to be that special.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1590486, member: 4626"]In my experience "gem" usually translates to 67 or higher (66 at bare minimum) but "gem" is not an officially defined term; it just means in someone's opinion (usually the seller's) that the coin has good eye appeal and is better than the average. Modern proofs tend to be of high quality anyway due to better production and handling practices by the mint, so "gem" doesn't mean a whole lot on something like this. It doesn't represent something better than the average; it represents the minimum expectation. Same with "deep cameo." Cameo means that there's strong contrast between the devices (which should be frosted) and the field (which should be mirrored). For any US proof since about the 1970's this should be generally be accepted already. ("Ultra cameo" means precisely the same thing but is the term used by NGC where the other big TPGs use "deep cameo" instead.) For modern proofs PF-67/68 is the basic expectation and not very rare; they don't start commanding any significant premiums until 69 or 70 (for many issues even 69 doesn't command much of a premium). The mint is just too good at making proofs these days for anything short of perfect or almost perfect to be that special.[/QUOTE]
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