GEM UNCIRCULATED: A flawless uncirculated note. It is bright, crisp, well centered, free from any traces of handling. and has no folds, creases or bent corners.
GEM = Gem Uncirculated
SILVER COINS : A hint of flatness of strike. Just a few detracting marks may be visible to the naked eye. Insignificant die cracks may be present. Almost full mint lustre is evident.
SUPERLATIVE GEM UNCIRCULATED - A virtually flawless coin, exactly as it was minted and it has no trace of wear or unusual striking traits.
CHOICE GEM UNCIRCULATED - A virtually flawless coin with very minor imperfections.
GEM UNCIRCULATED - No traces of wear, but may have a small blemish or two.
Grading at this superior level has become more complex in recent years with distinctions being made in many catalogs between (from highest to lowest state of preservation) - FDC, GEM Uncirculated and Choice Uncirculated. UncirculatedA coin which shows no signs of being in circulation.
Today, in Gem Uncirculated (MS-65), the Lafayette is by far the most expensive coin among the silver issues of the US classic commemorative series, with typical selling prices in excess of $9,000 for attractive examples.
The 1853 Philadelphia issue appears with the most frequency in gem uncirculated, while the New Orleans issue of that year is the rarest of the series, particularly in mint state. The 1854-O also appears occasionally in high grade; a small hoard of about 18 pieces turned up in 1981.
Like the time a dozen years ago when, at an otherwise ho-hum convention, I plucked from the inventory of one of America's shrewdest and most successful dealers a pair of obvious specimen proof 1927 nickels - marked gem uncirculated and a few hundred dollars apiece.
Choice uncirculated corresponds to the MS-63 grade and on coins that were once called near gems, today's corresponding grade is MS-64. A gem uncirculated coin is now called MS-65 or MS-66. Superb gem uncirculated is now considered to be either MS-67 or MS-68.
Here are a few modern rare pennies and their retail value. It is important to note the coin values are for Gem Uncirculated Coins. They are best described as like new, very bright and virtually mark free. Note: Values updated 2010.
Modern Lincoln Cent Rarities ...
Terms like "gem uncirculated" and "very fine" began to see use, as more precise grading descriptions allowed for more precise pricing for the booming collector market. In 1948, a well-known numismatist by the name of Dr.
An unofficial absolute rarity rating scheme that indicates the number of expected examples of a coin (by denomination and date) to exist in Original Gem Uncirculated (65) or better condition.
Wisconsin, Wausau - $5 The First National Bank of Wausau
Jones-Woods, Series of 1929, Type I
Serial # E007567A
Plate # E55/127
PMG 66EPQ Gem Uncirculated ...
This evolved for a time to the letter grading system of Basal State (also Poor (PO)), Fair (Fr), Almost Good (AG), Good (G), Very Good (VG), Fine (F), Very Fine (VF), Extra Fine (EF or XF), Almost Uncirculated (AU), Uncirculated (Unc) and Brilliant or Beautiful Uncirculated (BU). Gem Uncirculated ...
No coins in this series can actually be called common in gem condition, but 1917 Type 1 and 1930 quarters appear in full-head gem uncirculated condition most frequently. Many other issues are periodically available in gem condition, but not very often with a full head.
The demand by thousands of Lincoln cent collectors has outstripped the supply, and these coins range in value from $50 (used or well worn) to $600 (pristine Gem uncirculated). There are other types of doubling that are not as prominent or valuable, including on these dates.
round and octagonal, struck by the San Francisco Mint in 1915 to commemorate the Panama-Pacific Exposition in that city. Present values range from a few dollars for the later Booker T. Washington and Carver/Washington issues to over $150,000 for the round Pan-Pacific gold slug in Gem Uncirculated ...
For example: an inconsequential 1876 California fractional gold quarter dollar (octagonal format), catalog number BG-797 in the official guide, sold in raw Gem Uncirculated condition in October 1989 at the height of the 1985-9 coin boom. It fetched $176.