Coin Glossary

You can find most popular coin collecting phrases in this coin glossary.

Coin Glossary

G

Gem - a beauty of a coin.  One with unusually high quality.

Gem BU - A beauty of a coin ! Means GEM quality Brilliant Uncirculated coin. Indicates that this uncirculated coin shows mint brilliance and is extremely attractive for the type of coin. Some might say it sparkles like a "GEM". See Coin Grading

gouges - heavy marks on a coin where the metal was gouged out from coming in contact with something. Typically worse than "contact marks" or "bag marks".

grade - a rating or clarification that indicates how much wear a circulated coin has. Grades can also indicate the degree of perfection for uncirculated coins. Two popular grading guides are Photograde and the ANA Grading Guide. Both use a scale system from 1 to 70, measuring coins from About Good -3 to Mint State Uncirculated- 70. See Coin Grading

grading standards - a set of criteria indicating how much wear a coin shows.

gram - weight.  Metric system of measuring weights.  Approximately 31.1 grams are in one troy ounce.

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Coin Collecting News
10/23/2017
Disney spinout Dragonchain pursues initial coin offering to build out new blockchain technology
Joe Roets, Dragonchain founder and CEO, at the 2017 GeekWire Summit. (Photo by Dan DeLong for GeekWire) Blockchain is one of the hottest trends in tech right now, but it remains a mystery to many outside the industry. A startup based in the Seattle area is ... more info

10/23/2017
U.S. Mint unveils a pink-hued gold coin to benefit breast cancer cause
The U.S. Mint on Monday unveiled the designs for a pink-ribbon product unlike any this nation has ever seen: a $5 gold coin made with a pink-hued alloy. When the breast cancer awareness collectible currency set goes on sale next year, you can also buy a $1 ... more info

10/23/2017
Coin dealer who stole identities, evaded $400K in taxes sentenced to prison
TRENTON -- A coin dealer will spend 15 months in prison for cheating the government by not paying taxes on $400,000 in income. William Dominick, 69, formerly of Old Tappan, is also required to pay restitution on the income he failed to report between 2010 ... more info