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Who Makes The Slabs (And Where)

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Pillar of the Community
westcoin's Avatar
United States
9796 Posts
 Posted 07/29/2014  03:04 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
You are correct BStrauss3, I did not mean to imply he owned the patent to all certified holders, but re-reading my post makes it sound like that was the intention. I meant he came up with a patent on the holders that most of the other TPGs now use for security reasons. The other TPGs probably pay him a small usury fee or royalty. Before he started ICG he worked at PCGS in the early days, back when they used the small thin holders. I still haven't read through all 20 cited patents yet, and may never do so, because I am not all that interested personally.

Sorry for any confusion on my part in the previous post. I didn't mean to imply that he was the inventor of the certified holder at all.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

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dave700x's Avatar
United States
10625 Posts
 Posted 07/29/2014  07:46 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply

Quote:
The making of each coin size will set you back a hefty $7K. 30 coin sizes = $210K.


That number would be based on stand alone tooling. A more economical route would be to insert the mould cavities with inter-changeable inserts to produce the various sizes required.
Valued Member
United States
121 Posts
 Posted 07/29/2014  11:52 pm  Show Profile   Bookmark this reply Add ziskindd to your friends list Get a Link to this Reply
I am speaking as an american law-talking guy: you go one of two mutually exclusive ways for IP protection: Patents (which are a quid pro quo - the govt gives you a monopoly in exchange for your disclosing to the public the advance in science to which you contributed). The con to that is that the monopoly is the term. 20 years from filing (picking the easiest example).

Consider a trade secret, as long as it meets certain criteria (one of which is to keep them secret and their use is to maintain a competitive advantage), as long as those conditions are maintained, the trade secret is valid and I wouldn't want to be the defendant accused of divulging them. Think Coca Cola recipe. There is no patent on it; it is a trade secret.
Pillar of the Community
oh my florin's Avatar
Australia
1006 Posts
 Posted 07/30/2014  9:43 pm  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
I believe the trade secrets in America are covered by Federal law making it a crime to divulge them so on top of that the company could probably sue them to for damages.
Pillar of the Community
Australia
852 Posts
 Posted 07/31/2014  04:32 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
It is only possible to sue someone (or prosecute) for divulging a trade secret if you have either signed a confidentiality agreement or have engaged in an illegal act to access the information. I think we have all read about people throwing out documents that should of been shredded and that information ends up in the public domain, or people sending confidential emails to their entire contact list.
Also "Federal law" only extends so far, you cannot prosecute the counterfeiters in China as they are not in US jurisdiction and trade laws are different outside the US.
Pillar of the Community
oh my florin's Avatar
Australia
1006 Posts
 Posted 07/31/2014  05:45 am  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
The laws are different here than America here trade secrets are civil while over there it is both criminal and civil. They have separate offences for domestic and international copyright secrets. Yeah we all know those circumstances where people have seen things they shouldn't of. On federal law they can prosecute people for committing crimes in another jurisdiction in a different one usually extradition or when they come back is when it is charged tho. Australia has a few of these laws and America has charged people for committing crimes outside their jurisdiction as well eg Edward Snowden.
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