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Replies: 18 / Views: 2,250 |
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Pillar of the Community
 United States
5770 Posts |
"Be careful when mailing slabs with new Security Chip-Embedded NFC chips" Here is an article about the NFC chips as an anti-counterfeiting measure. They are a help but other risks can occur during shipping. https://www.pcgs.com/news/security-chip-slabsAnyone with the app can scan the chip in transit, see it is a valuable coin, and then "Poof!" it might be gone. A member of our local coin club told us how to mail them safely. If I remember correctly he said to wrap the NFC items in tin foil before going into the box. Just want sellers and collectors to be aware and maybe ask the seller to do this before sending them on their way. Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
1143 Posts |
It had not occurred to me that would be a problem until now. Thanks for the information.
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Pillar of the Community
Canada
5324 Posts |
for those who recently rexeived a slab from PCGS, how was it delievered pakaging ?
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Moderator
 United States
54280 Posts |
""The NFC chip contains a uniform resource locator (URL) that generates a unique, cryptographic one-time password (OTP) that changes every time the chip is tapped. This password is validated by the HID Trusted Tag® Cloud Authentication service to prove that it is the exact same tag that was issued with the slab.""
Apparently, PCGS might be able to know when, and perhaps where, and maybe by what phone a slab is checked.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
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Pillar of the Community
 Canada
5394 Posts |
Since they started this in Feb 2020 , sure haven't heard of any theft issues Based on using this technology . Been used for years in other places On a scale 0 to 10 ...hardly registers at the zero Mark in my opinion. But for the tin hat specialists , best ship your valuables in lead lined container. But then .it was lead poisoning that did in the Romans . 
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Moderator
 United States
188036 Posts |
I agree. Several of my PCGS purchases have come in these slabs. For what it is worth, I had to get really close to the slab (that is, basically touching it) for my phone to read them; which is no different than when I use my phone to make point-of-sale payments. The crime is high cost (time and effort), low reward (what percentage of US mail contains a PCGS slab?). Keep calm and carry on. 
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Pillar of the Community
  United States
5770 Posts |
For those that aren't overly concerned. I get it. But it isn't a problem until it is and then it's too late. The information/warning came from a professional numismatist that is "in the know". Packages go through a lot of hands. Some are not so honest. With this technology, they can "see" what is in the packages they are handling. At least collectors can be aware and take precautions if they want. Quote: Apparently, PCGS might be able to know when, and perhaps where, and maybe by what phone a slab is checked. It would be nice if this is the case. I'll see if they can find out for me.
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
Edited by Petespockets55 08/22/2023 5:25 pm
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Pillar of the Community
 Canada
5394 Posts |
46 years as a mail order coin dealer total packages really lost 3 . #1 Malaysia 1987 , #2 Belgium 2019 , #3 Ohio this year . Total overall value of the 3 pieces that were lost less than one thousand dollars , half was recovered through insurance. This is out of many many thousands of shipped items ! This is really , really a stretch if you understand how the postal system works with tracked , registered , signed for packages . If you did, you would feel more at ease . You have a better chance of being mugged than losing a package to this technology .
Edited by Pacificoin 08/23/2023 10:41 am
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Pillar of the Community
 United States
4589 Posts |
Quote: Apparently, PCGS might be able to know when, and perhaps where, and maybe by what phone a slab is checked. That's a yes and no. The specific data that is sent to PCGS is just the cert# and the nonce. HOWEVER, they also get all the normal web log information which includes a boatload of data about the browser being used, the IP address the request is coming from, etc. It's estimated that most individuals can be uniquely fingerprinted by the combination of characteristics of their browser. https://www.howtogeek.com/735535/wh...ou-block-it/
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Moderator
 United States
95423 Posts |
That never occurred to me - but now wrapping in tissue paper first, then foil (to prevent scratches) then package them.. 
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Bedrock of the Community
United States
73918 Posts |
Wow, I didn't know about this. Thanks for posting.
Errers and Varietys.
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Moderator
 Australia
16810 Posts |
I have seen debate on this over on the PCGS forum. In my mind, the main drawback to the theory is this line... Quote: ...Anyone with the app... It presupposes a thief will be a specialist coin-snatcher, infiltrating USPS or the courier companies and actively seeking out rare coins to steal (as opposed to other valuables). Let's face it, if a fifth-column thief embedded in USPS suspects a parcel might have coins in it, they're not going to download an app, and scan the parcel using the app just to make sure it's got coins in it before they steal it. They'll just snatch the parcel completely uncertain of its contents, and open it at their leisure to see for themselves.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
3848 Posts |
To be clear, you do not need the app for your phone to pick up and read the slab's signal. Some of my acquaintances have had USPS packages opened and coins stolen with the new system being the main culprit.
It is not worth the risk to avoid utilizing a simple tinfoil shield.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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Pillar of the Community
Canada
5239 Posts |
So, now our coins must wear a tinfoil hat?
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Pillar of the Community
  United States
5770 Posts |
PacificCoin, this is a great record, hope it continues, and that is what insurance is for. (I've had great results with the USPS on missing items as well.) But according to your own records, three have come up missing in the past year. None may have had the NFC chip but "snatching" valuables seem to be on the rise. Porch Pirates at the shipping centers, so to speak. Like a fox in the hen house, this scum doesn't need any help from us. There's no sense in pointing out which "hens" are the tastiest. Quote: To be clear, you do not need the app for your phone to pick up and read the slab's signal. Some of my acquaintances have had USPS packages opened and coins stolen with the new system being the main culprit.
It is not worth the risk to avoid utilizing a simple tinfoil shield. Thanks for confirming that it has happened. It's a delicate balance of protecting their customers without alarming them. But it seems like they would be proactive to minimize their losses.
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
Edited by Petespockets55 08/23/2023 07:50 am
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Replies: 18 / Views: 2,250 |