$5 Liberty Half Eagle
A Breathtaking Combination of Rarity and Beauty at Over 15-Year Lows
1904 MS65 Gem Uncirculated $20 Liberty Double Eagle
In numismatic parlance, a coin that grades MS65 or higher is known as a Gem Uncirculated specimen. This grading is reserved for coins with superb technical quality, outstanding eye appeal, and an unusually high level of preservation. For as long as the grade has existed, numismatists have been reluctant to award it unless clearly warranted. There’s an excellent reason why many vintage U.S. coins are scarce in MS65 condition—the standards for this grade are very strict.