What does "GEM" mean?

Discussion in 'US Coins Forum' started by Patrick1, Jan 12, 2019.

  1. Patrick1

    Patrick1 Member

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  3. Nathan401

    Nathan401 Quis custodiet ipsos custodes? Supporter

    To my understanding, it’s a coin graded Mint State 65 or greater. Although it seems that term is used liberally as of late.
     
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  4. paddyman98

    paddyman98 No Common Cents! Supporter

    GEM = This generally means the item is in mint condition, human hands have not touched it. When a coin is minted, it is handled only by machines in a clean-room environment. GEM is the highest quality of an "uncirculated" coin.
     
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  5. Kasia

    Kasia Got my learning hat on

  6. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Since the terminology had little meaning, it was mostly to sell coins to beginners as there was few standards that the average collector could access to determine grades. Now with the internet widespread presence, comparisons can be made with a large number of examples determined by multiple experts. Jim
     
  7. SilverDollar2017

    SilverDollar2017 Morgan dollars

    From my experience, Gem BU means MS-65 or higher.
     
  8. ron_c

    ron_c Well-Known Member

    Also, a coin could be called Choice Gem Uncirculated or Superb Gem Uncirculated, etc.
     
  9. Kentucky

    Kentucky Supporter! Supporter

  10. Patrick1

    Patrick1 Member

    Thxs to all

    Pat
     
  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    You guys really don't have to speculate. The terms are defined in the ANA grading guide. Marketers may use the wrong terms, but they just as often overgrade their wares. I see no real difference. See here for the full grading standards: https://www.thesprucecrafts.com/ana-grading-for-uncirculated-state-coins-4041821

    MS60 - 62: Brilliant Uncirculated
    MS63 - 64: Choice Uncirculated
    MS65 - 66: Gem Uncirculated
    MS67 - 69: Superb Gem or Choice Gem Uncirculated
    MS-70 : Perfect Uncirculated
     
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  12. Treashunt

    Treashunt The Other Frank

  13. TheFinn

    TheFinn Well-Known Member

    That's right, only monkeys and chimps have touched them. So does that mean TPG graders are not human? :)
     
  14. Treashunt

    Treashunt The Other Frank

    yes, it does mean that
     
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  15. paddyman98

    paddyman98 No Common Cents! Supporter

    PCGS - Primate Coin Grading Service
    NGC - Numismatic Gorillas Certifiers
    ANACS - Another Numismatic Apes Certification Service
     
    Last edited: Jan 13, 2019
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  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    Gem was originally a marketing ploy.

    Edit to correct spelling. Thanks spell check.
     
    Last edited: Jan 13, 2019
  17. TheFinn

    TheFinn Well-Known Member

    So, any MS65 coin with a fingerprint is not a Gem? I wouldn't WANT buy it, unless he eye appeal was overwhelming, but technically it would still be considered a Gem. And if the fingerprint belonged to someone famous, them even better!
     
  18. Kentucky

    Kentucky Supporter! Supporter

    Beauty is in the eye of the beholder...Gem too
     
  19. cladking

    cladking Coin Collector

    For a coin to be Gem to me it has to be fully struck by new dies and it can't have marking, chicken scratches or other distracting characteristics and blemishes. It must be well centered and cleanly struck.

    It must be in the top 10 to 20 percentile in every single characteristic. Otherwise it is merely "gemmy".

    Fortunately with modern mint practices if it's Gem in a few categories there's an excellent chance it's Gem in all of them. The lowest grade a true Gem will receive from the services is MS-65 but the reality is they often grade dogs as MS-65 and much higher.
     
  20. Santinidollar

    Santinidollar Supporter! Supporter

    It’s used when HSN peddles rolls of polished coins.
     
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  21. TypeCoin971793

    TypeCoin971793 Just a random nobody...

    MS-65 and above. But what that means depends on the coin as there is no standard for what exactly is a 65.
     
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