"First Gen Ruby" (whether the glasses model or iridium) is a term first coined nearly a decade ago by a scalper to differentiate his lens from others so he could sell it for a much higher price. A scaper's marketing term, if you will. Along the way some newbies took the words to heart and spead its use without some research. Now, collectors are using it to scalp Ruby Juliets for $2,500 (not that it'll sell).
There's really no consistency with its usage. I doubt we'll ever get agreement on what it means since it's not an official term, but i wanna hear your thoughts. So, does First Gen Ruby mean:
1) the first Ruby Juliets that came out for the X-men movie, 2nd Gen being the continuation of it, 3rd Gen being the non-serialed re-release for X3 and final gen for whatever came afterwards (hydrophobic, new box/coin)
2) the first lenses that came out in 2000, with the 2nd gen being the more Orangey iridium tint of 2004-2005
3) a catch-all term for any lens that is red
4) something other?