The wood was most likely still wet. It takes 1 year per inch thickness to dry completely. Sweet gum tends to turn grey. I generally turn green and every piece of sweet gum turned green begins to turn grey within minutes after taking off the lathe and the final product is grey. I have seen the same behavior with holly and magnolia. Holly and magnolia generally look nice with the grey. Sweet gum is hit or miss some are not attractive others look fine. My thoughts are the wood is free,only time involved so if I turn green and a piece cracks,dis colors etc upon drying and I am not satisfied I cut the losses and it becomes firewood. Generally a green turning less than 12inch diameter takes about 30 minutes from log to blank so there is not a lot of investment
I find it amazing how well sweet gum turns based on experience splitting it for firewood.