Coin Glossary

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

Coin Glossary


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.

Coin Collecting News
Get ready for the end of the 'alt-coin' bear market in cryptocurrency
The crypto market has been on the decline since the beginning of 2018, but Fundstrat expects a rally in "alt-coins" is on the horizon. "We believe the alt-coin bear market is largely over," the firm said in a note out to clients Tuesday. Good news for ... more info

Alt-coin bear market is over, but bitcoin is still the best bet: Wall Street's Tom Lee
Bitcoin bull Tom Lee says the alt-coin bear market is over. But he still recommends investing in bitcoin. "Whether regulations change around security tokens and registration, bitcoin sits in its own sphere," he says. Lee said he expects the lesser-known ... more info

Executive Order Bans Venezuela’s "Petro" Coin Cryptocurrency in US
The U.S. executive branch issued an executive order prohibiting the use or purchase of Venezuela’s Petro cryptocurrency, claiming the currency was issued unlawfully in an effort to circumvent U.S. sanctions against Venezuela, and in particular the ... more info