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 Replies: 27 / Views: 4,177 |
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Pillar of the Community
Canada
683 Posts |
So in theory, if We throw the whole "eye appeal" hullabaloo out the window then automatic AI grading could be closer than we think? I dunno, still seems a little iffy, And I think other might share the same 'If its not broken, don't fix it' view.
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Rest in Peace
10197 Posts |
Just how many more people do you want to put out of work? Machine tech has made job skills unnecessary to the point that soon machines may even replicate not just repair themselves. By then, yea, coins will be the last of our worries, well, I won't be worrying.
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Moderator
 United States
188877 Posts |
Yes, it could be fully automated. Will it?  Even though I buy based on eye appeal, we all know that technical grading seldom takes that into account. If it did, then I could buy any MS-65 clad Ike and be satisfied. This is not the case, not all MS-65 clad Ikes have the same eye appeal even though they have the same technical grade. |
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Pillar of the Community
United States
2023 Posts |
I'm with moxking on this one. Technical grade would be easy because it's quantifiable. Eye appeal is a wholly personal decision -- everyone will have a different opinion, and even that can change over time. No numerical grade can capture that. Even so, it would be a rather significant investment from any of the TPGs, and I'm guessing their margins are thin enough that they wouldn't jump on it without human oversight. Grades would be audited; algorithms would be tweaked. They likely wouldn't offset the cost by reducing headcount because of the volume they process, and some positions would be shifted to maintain the automated pipeline. For Counterfeit Detection, sure, probably also detection of cleaning and extent of damage. That's something that seems like a valuable addition to company reputation, although it would be used less often so it would take longer to recover the cost. |
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Bedrock of the Community
Australia
21788 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote:
I think AI might be developed to the point where every aspect of a coin's authenticity and grade could be covered, even those subjective aesthetic qualities lumped in under that "eye appeal" label. After all, that's what AI is all about ultimately - reproducing human mental faculties & abilities, which includes "subjective" judgments. OK so say we get an AI that can make the subjective decision on eye appeal, would every one agree with it? We have humans making subjective decisions on eye appeal today, do we all agree with those decisions> What if NGC's AI has a different "opinion" than PCGS's AI? And the AI's will have to learn based on the subjective eye appeal decisions of humans, and their decisions will not agree either. So you will end up with an AI that might be able to come to a consistent judgement on a grade based on "eye appeal", but people will still not agree and judge the coins based on their own biases and making claims of "misgrading". |
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Pillar of the Community
United States
7375 Posts |
I think it would be great if there was some kind of computer aided tool to help graders. Maybe some kind of machine that you could put the coin into, and a basic algorithm could get the grader into the ball park where they could put the final grade on it.
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Valued Member
 United States
314 Posts |
Quote:
I think it would be great if there was some kind of computer aided tool to help graders. Maybe some kind of machine that you could put the coin into, and a basic algorithm could get the grader into the ball park where they could put the final grade on it.  |
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Bedrock of the Community
13014 Posts |
I will never understand why people think computers would be an upgrade. Any AI program will "learn" as it goes meaning grading will still change and will still evolve.
As a tool it can be helpful, but if it becomes anything more than just a tool then the graders end up becoming dependent upon it and their skill erodes. Professional grades don't need a basic tool to ballpark grades for them, they would be fired quickly if they did. Really they don't need anything that tells them anything grade wise, it can certainly be helpful on the counterfeit front but it would not be an improvement if we start going past it being a tool and just having it replace the graders.
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Pillar of the Community
United States
2023 Posts |
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Professional grades don't need a basic tool to ballpark grades for them, they would be fired quickly if they did. |
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Pillar of the Community
United States
7375 Posts |
also. Was thinking more of on the lines that with all the technology we have today, it could be incorporated "somehow." Detecting counterfeits would a great place to start. |
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Bedrock of the Community
United States
17884 Posts |
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I think it would be great if there was some kind of computer aided tool to help graders. Maybe some kind of machine that you could put the coin into, and a basic algorithm could get the grader into the ball park where they could put the final grade on it. They've had that ability since 1991. The computer can technical grade based on wear, strike, and marks. At that point the human greater should step in and use his subjective eye appeal to set the final market grade. People will still argue about it but that's about the best you going to get. |
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Bedrock of the Community
Australia
21788 Posts |
Every coin collector would be better off, if they could grade accurately for themselves. That may take some time to learn, but well worth it. Slabs have their best use when selling in a situation, where the intending buyer cannot examine the coin in hand before deciding to buy. In this situation the intending buyer is denied that opportunity. ebay is the most common situation for this. |
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Pillar of the Community
United States
3546 Posts |
no ...too political & something that would force down TPG's overall profitability in the long run. An inverse comparison would be robotics (drink fillers) in fast food restaurants since Big Mac would not develop, manufacture and sell this equipment. MickeyD's costs would decrease and profits increase while TPGs would be forced to dramatically lower their prices to consumers to stay competitive ... |
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Pillar of the Community
United States
3472 Posts |
Technical grading, perhaps. Final grading, no. I don't see machines being able to judge eye appeal.
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Replies: 27 / Views: 4,177 |
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Posted 03/09/2018 12:59 pm
