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Be Careful When Mailing Slabs With New Security Chip-Embedded NFC Chips

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Petespockets55's Avatar
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5770 Posts
 Posted 08/22/2023  12:01 pm Show Profile   Bookmark this topic Add Petespockets55 to your friends list Get a Link to this Message Number of Subscribers
"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-slabs

Anyone 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.
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Coinfrog's Avatar
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 Posted 08/22/2023  12:07 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Wow, thanks for that!
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cointagous's Avatar
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 Posted 08/22/2023  12:17 pm  Show Profile   Bookmark this reply Add cointagous to your friends list Get a Link to this Reply
It had not occurred to me that would be a problem until now. Thanks for the information.
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Canada
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 Posted 08/22/2023  1:35 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
for those who recently rexeived a slab from PCGS, how was it delievered pakaging ?
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nss-52's Avatar
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 Posted 08/22/2023  2:28 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
""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.
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Pacificoin's Avatar
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 Posted 08/22/2023  4:28 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
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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jbuck's Avatar
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 Posted 08/22/2023  5:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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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Petespockets55's Avatar
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 Posted 08/22/2023  5:23 pm  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply
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.
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Edited by Petespockets55
08/22/2023 5:25 pm
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Pacificoin's Avatar
Canada
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 Posted 08/22/2023  5:43 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
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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BStrauss3's Avatar
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 Posted 08/22/2023  7:25 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply

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/

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Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
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Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Dearborn's Avatar
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 Posted 08/22/2023  7:52 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
That never occurred to me - but now wrapping in tissue paper first, then foil (to prevent scratches) then package them..
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Errers and Varietys's Avatar
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 Posted 08/22/2023  8:32 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Wow, I didn't know about this. Thanks for posting.
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Sap's Avatar
Australia
16810 Posts
 Posted 08/22/2023  10:21 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
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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jacrispies's Avatar
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 Posted 08/23/2023  02:41 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
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.
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oriole's Avatar
Canada
5239 Posts
 Posted 08/23/2023  05:28 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
So, now our coins must wear a tinfoil hat?
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Petespockets55's Avatar
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 Posted 08/23/2023  07:48 am  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply
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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