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Replies: 8 / Views: 1,676 |
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Pillar of the Community
United States
1903 Posts |
In particular gold, but at today's cost it is cheap enough to put them in any slab. Readers can be had for as little as $20. The TPGs could encode them to make slabs harder to fake. You could also store a lot more data on it than a regular label could attractively hold. Would also be a nice speedy way to download your collection into a database. Thoughts?
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Pillar of the Community
United States
1158 Posts |
I don't think it would be hard to clone the RFID data from a chip and inlcude it with your fakes. Of course, you'd have to have access to the original first, but perhaps you could do that while coin shopping or something.
Edited by tkbslc 10/02/2014 02:13 am
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Bedrock of the Community
United States
17884 Posts |
Quote: Of course, you'd have to have access to the original first, but perhaps you could do that while coin shopping or something. Auction lot viewing. Have a reader then scan and record every slab in the sale. Easy way to build a huge database.
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Pillar of the Community
United States
2077 Posts |
It could potentially make counterfeiting WORSE. Someone could bring a reader into a coin show and in 30 minutes grab thousands of valid IDs.
It would be great for theft recovers though. You could set your reader with the IDs of stolen merchandise and have it alert you when one was read.
Would make an interesting shopping app. You could download the population for a certain coin and then scan the show floor for examples.
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Pillar of the Community
 United States
1903 Posts |
You could easily shield the RFID chip so that the reader would have to directly interface with the slab to read it. Imagine a reader where you had to plug the slab into it like an old Atari cartridge in order to read it. This way you can't just scan a room for the data, the range of the chip wouldn't support it. I think the industry would benefit from it, especially high value coins. As stated, it would make theft recover much easier and help buyers not buy stolen product.
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Pillar of the Community
United States
1132 Posts |
Slabs are pricey enough as-is. Put a 2014 penny in a slab, it's now a $15.00 cent. Sunshine Minting (one of the suppliers of planchets for the mint) use micro-engraving on their silver rounds. You have to hold a plastic "decoder" over the engraving & it reads "Valid"...or not. If held at the opposite angle it reveals a sunburst pattern. The plastic card retails for $20. A similar device could be used to verify the authenticity of holograms in slabs. Much more cost efficient than RFID & no risk of data theft. Ultraviolet data is another cost effective measure that could be used, just like on State ID's.
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Pillar of the Community
United States
1158 Posts |
Quote: You could easily shield the RFID chip so that the reader would have to directly interface with the slab to read it. Imagine a reader where you had to plug the slab into it like an old Atari cartridge in order to read it. This way you can't just scan a room for the data, the range of the chip wouldn't support it. I think the industry would benefit from it, especially high value coins. As stated, it would make theft recover much easier and help buyers not buy stolen product. Well the RF in RFID stands for Radio Frequency, so in that case it wouldn't be RFID. If you just want a chipped slab, then that's something different. However, there is really no user friendly digital tech that can't be hacked and cloned, so I don't know if it really solves anything. It just moves the target.
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Pillar of the Community
 United States
1903 Posts |
I do indeed know the RF means radio frequency. The reason I thought an RFID chip would be best is that they have a permanent and non alterable unique id code for each and every one, with an additional ability to add more info (like coin specifics, that flaws gave it the grade it got, who the grader was, date, time, etc...). These passive RFID chips have a range of only inches so you couldn't just scan the room and capture all the coin info in the area. Look at it from this perspective...which would you rather. A slab that all the critical info is written on the slab for all the world to see, or have a secondary form of identification that you cannot see and only can access with the slab in hand and have the correct reading device? If I were paying multiple thousands of dollars for a coin in a slab and this were an option for a few extra dollars...you bet I would opt in for this added security. if bought in bulk these tags would cost less than a dollar each, so there isn't a huge cost increase to use these.
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Bedrock of the Community
United States
10034 Posts |
I think this is a neat idea. As long as they could be shielded. Albeit I have to wonder if the slabbing companies would actually charge only a buck or two more, or use it as a potential marketing gimmick and jack up the price.
But for the few coins I have in slabs, I like the idea... smart slabs!
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Replies: 8 / Views: 1,676 |
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