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Security Enhancement Features For TPG Slabs?

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Canada
1554 Posts
 Posted 05/15/2009  07:08 am Show Profile   Bookmark this topic Add glenzy1 to your friends list Get a Link to this Message Number of Subscribers
Why do the major TPG's not identify their slabs with electronic tags or codes?( tags or codes which become void if the slab is broken or tampered with)
It would be easy to do at very minimal cost.
It could be expanded to even mail coming in to a country.
A letter (piece of mail) coming through customs of any country is ( probably already) going through a scanner. The scanner would pick up the passive or active Id tag in the slab, or trigger it.
voila... the false tag is exposed and confiscated right where it counts.. at the border.
Today's Software even allows for the Tag ID to change with every scan, even though the ID# remains the same. Any comments on this idea from C.C.F. Members, would love to hear some input on this idea. After all I spent all day yesterday thinking about this!


Glenn Pinto

***Edited by Staff to move to TPG forum***
Edited by glenzy1
05/15/2009 07:09 am
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Canada
9864 Posts
 Posted 05/15/2009  11:17 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I am sure that soon slabs will be available with RFID tags.The cost of having coins graded will surely go up,and I wonder what will happen to ICCS as they are still sticking with '80's technology.
Valued Member
United States
324 Posts
 Posted 05/15/2009  11:53 am  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
Perhaps this is a factor as to why RFID tags are not used:

"an RFID tag and the tag can be read at a distance without the knowledge of the individual, it becomes possible to gather sensitive data about an individual without consent."

But the cost of micro chips are now low enough to allow embedding high resolution photos of the coin right in the slab itself (avoiding the need to do so via an online server), while also confirming a security code with an online server (that is changed every time its checked). In this case it would be virtually impossible to counterfeit the security code. If anyone could succeed in breaking the code (very unlikely), they would only change it when they used it. Very quickly the crook would be stopped or caught. The slab would need to be placed into a reader connected to your computer (via USB port), and have access to the internet where the TPG's server's can be accessed. Swapping coins would also be useless since the image in the chip would not match the new coin.
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Canada
1248 Posts
 Posted 05/15/2009  2:11 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
Great idea Glenn..
it would eliminate a ton of problems. AND, if I read this right, it would effectively reduce the oriental imports.
RFID tags are so small, some can not even be seen.and I do not think it to be a privacy problem, unless you have something to hide. The tags would only serve as Coin ID and verification. No ownwers id would be needed , unless wanted.
MKB has it dead on...and , cost is minimal for a reader, considering the damage one forgery could do to your check book.
Then, there is always laser tags placed right on the coin. totally invisible and only recognized by a scanner.
question is, whay is it not being done?
It would pretty well force every TPG to get involved and ICCS would have to go along.
HHB
Valued Member
United States
324 Posts
 Posted 05/15/2009  2:22 pm  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
"I do not think it to be a privacy problem"

It opens the opportunity for a theif to drive through a neighborhood with and RFID scanner, looking for folks who have slabbed coins with RFID transmitters in them. This technology makes it very easy to find any collectors in a neighborhood.
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 Posted 05/15/2009  3:01 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
A lot of RFID tags need a powerful scanner at close range to power them and emit a signal so weak it has a range of about 3 feet.I wouldn't worry about "cruisers".
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 Posted 05/15/2009  7:01 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
There are basically 2 types of RFID readers. Low frequency and High frequency. The low system will typically only read at close range and can be bought for a cheaper price. The high system can read alot farther and faster but the price is out of this world for the common theif, unless of course they steal the system
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Canada
1248 Posts
 Posted 05/15/2009  10:49 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
What about SW?
it is easy to have SW so the tag will only respond with info IF the authenticity of the scanner is verifyed with a code which changes after every use.many Safeguards are possible so a crook would not be able to even detect coins unless the proximity is between 3" and 8".
I am sure it can be done...
cost... I bet it is not even expensive as most SW is already in use. In addition, it could be done so , that an online connection must be established before any verification can take place.
H
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