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About Top 3 TPGs

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Pillar of the Community
United States
4589 Posts
 Posted 12/28/2006  02:29 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list
Well If It is all true, I say a Big Tall tree and a short piece of rope is the fix...
Valued Member
United States
390 Posts
 Posted 12/31/2006  12:43 am  Show Profile   Bookmark this reply Add Guido to your friends list
Something the TPG's should do is photograph each coin and keep it in a database. With the computer technology today, they should be able to do a comparison scan to see if they have graded that coin before. I think coins are like fingerprints (especially anything below a 69 grade). Everyone will be diffent. If the FBI can find fingerprints this way, then why can't the TPG's? If they could figure out a way to do this, then the integrity of the population reports would be much higher. But, their profit margins would take a severe hit, so I doubt it will ever happen.
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United States
23522 Posts
 Posted 12/31/2006  01:29 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
quote:
Originally posted by Guido

Something the TPG's should do is photograph each coin and keep it in a database. With the computer technology today, they should be able to do a comparison scan to see if they have graded that coin before. I think coins are like fingerprints (especially anything below a 69 grade). Everyone will be diffent. If the FBI can find fingerprints this way, then why can't the TPG's? If they could figure out a way to do this, then the integrity of the population reports would be much higher. But, their profit margins would take a severe hit, so I doubt it will ever happen.



I've been harping on this for a while now. The technology exists to just such a thing, in a production environment, but nobody's willing to step forward and make it happen.
Valued Member
United States
218 Posts
 Posted 12/31/2006  02:16 am  Show Profile   Bookmark this reply Add Ferret Lord to your friends list
quote:
Originally posted by SuperDave


I've been harping on this for a while now. The technology exists to just such a thing, in a production environment, but nobody's willing to step forward and make it happen.



With the technology available to read a coins defects and direction of the grain in the metal and everything, why doesn't someone use that technology to make a computerized grading company. all the graders would have to do is identify things like color. it would probably be more accurate the 99% of graders out there.

Send in your coin and they scan it for any off details and depending on strike and wear, they can determine to grade.


Valued Member
United States
218 Posts
 Posted 12/31/2006  02:21 am  Show Profile   Bookmark this reply Add Ferret Lord to your friends list
it could probably verify die varieties and fakes too
Valued Member
United States
390 Posts
 Posted 12/31/2006  9:01 pm  Show Profile   Bookmark this reply Add Guido to your friends list
I guess it would take some reputable person in the coin collecting community to spearhead this, but it may come down to someone willing to take a chance on doing this. I would be all for it and contribute in anyway I could. The current system needs to be improved on. Especially with all the resubmissions going on. That needs to be controlled better.
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United States
23522 Posts
 Posted 12/31/2006  9:51 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
quote:
Originally posted by Ferret Lord

quote:
Originally posted by SuperDave


I've been harping on this for a while now. The technology exists to just such a thing, in a production environment, but nobody's willing to step forward and make it happen.



With the technology available to read a coins defects and direction of the grain in the metal and everything, why doesn't someone use that technology to make a computerized grading company. all the graders would have to do is identify things like color. it would probably be more accurate the 99% of graders out there.

Send in your coin and they scan it for any off details and depending on strike and wear, they can determine to grade.






I already even own the domain for the company. Anybody know where I can get some venture capital?
Pillar of the Community
United States
7123 Posts
 Posted 12/31/2006  10:07 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
If they can do retinal ID's and Bio Pay ,, the simplicity of scanning a coin for detail is at least 5 year old technology perhaps more.



Rick
Pillar of the Community
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United States
5953 Posts
 Posted 12/31/2006  10:16 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list
Using Multi beam sonar I can find a 1/4 inch telephone cable in 2 miles of water so mapping a coins surface is child's play. All it needs is for someone to write the software that defines each grade. I doubt it will happen any time soon as I personally think people will consider a machine incapable of determining a coins appearance/beauty as well as just its technical grade.
Valued Member
United States
390 Posts
 Posted 01/01/2007  02:29 am  Show Profile   Bookmark this reply Add Guido to your friends list
Coin collecting and grading is a very personal thing to a lot of people. If they did start using the technology this way, I think some people would not like it, but if it would make for a more consistent grading system, then I think it would be good. As I said earlier, I would like to see this because it would allow us to, eventually, get a more accurate count on some of the coins and their grades that are being resubmitted so many times. I think the people writing the software would have to be pretty aware of what makes a certain grade and what does not. Same with damaged, cleaned and brushed coins, as well as counterfeits. It would be a very interesting project.
Bedrock of the Community
United States
14454 Posts
 Posted 01/01/2007  04:30 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
If you look at the patents PCGS has patented a coin grading computer system. They even used one on Morgans in the early 90's but they decided it was more trouble than its worth but since they own the patent it seems they would give it a try again since the technology has grown so much since 1990. You can read all their patents on it here Link its pretty cool to look at the images and thumb through all of them (there are like 128 pages of them) to see how it worked, I believe if they tried it today it would do allot better than it did then. Here is a different set of images to thumb through Link

Edited by Susanlynn9 to fix links.
Edited by Bryan1315
01/01/2007 04:48 am
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United States
23522 Posts
 Posted 01/01/2007  11:07 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
The technology to actually do it right is rather more involved than one might first think. The scanning instrument requires micron-level resolution to differentiate between scratches and luster breaks, and this level of resolution comes with the tradeoff of lessened depth-of-field. An instrument capable of both high resolution, and sufficient depth-of-field to accurately survey a high-relief coin, is state-of-the-art even today. Now, further complicating the situation, one must consider speed. The scan must occur in a production environment, quickly enough to make the operation cost-effective and profitable.

Then one must consider the intangibles of eye appeal - luster, toning and the like. I believe that an economically-viable implementation exists with today's technology - I've talked to people on the technology end who believe it can be done - but the resulting product will require a sea change in the TPG industry.

It is, to me, a shame that PCGS has the process patented, because they have a vested interest in keeping it from the market.
Valued Member
United States
390 Posts
 Posted 01/03/2007  8:13 pm  Show Profile   Bookmark this reply Add Guido to your friends list
Yep, it's all about the money. They don't give a rats *** about what's best for the coin community. "Show me the money" is all it is for them. Sad but true.

But I still think it would be great to be able to have pictures of all the coins a company grades so they could cut down on the resubmissions that go on now. That would be my only wish. Just so we could have an accurate count of graded coins.
Rest in Peace
United States
2684 Posts
 Posted 01/03/2007  10:30 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
I fear for all these reasons, we're not gonna see machine (computer) coin grading anytime soon. The top TPGs have too firm a grip on the market and have fought change to the current system for decades.
Bedrock of the Community
United States
17884 Posts
 Posted 01/27/2007  7:10 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
quote:
Something the TPG's should do is photograph each coin and keep it in a database. With the computer technology today, they should be able to do a comparison scan to see if they have graded that coin before. I think coins are like fingerprints (especially anything below a 69 grade). Everyone will be diffent.

As Bryan1315 said PCGS had this technology back in 1991 with their Expert System. If fact one of the features they boasted about it was that since it stored the digital fingerprint of each coin, if the coin was resubmitted the system would recognize it. With the advancment in computers since then it could probably do an even better job. Of course that would have ended resubmissions and the crackout game which today is a big part of their revenue. Is there are wonder why it was scraped?

Well one reason was that it couldn't grade, but the digital fingerprinting would have still been useful if it hadn't threatened their income.
Edited by Conder101
01/27/2007 7:12 pm
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