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About Top 3 TPGs

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Valued Member
Guido's Avatar
United States
390 Posts
 Posted 01/01/2007  02:29 am  Show Profile   Bookmark this reply Add Guido to your friends list Get a Link to this Reply
Coin collecting and grading is a very personal thing to a lot of people. If they did start using the technology this way, I think some people would not like it, but if it would make for a more consistent grading system, then I think it would be good. As I said earlier, I would like to see this because it would allow us to, eventually, get a more accurate count on some of the coins and their grades that are being resubmitted so many times. I think the people writing the software would have to be pretty aware of what makes a certain grade and what does not. Same with damaged, cleaned and brushed coins, as well as counterfeits. It would be a very interesting project.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 01/01/2007  04:30 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
If you look at the patents PCGS has patented a coin grading computer system. They even used one on Morgans in the early 90's but they decided it was more trouble than its worth but since they own the patent it seems they would give it a try again since the technology has grown so much since 1990. You can read all their patents on it here Link its pretty cool to look at the images and thumb through all of them (there are like 128 pages of them) to see how it worked, I believe if they tried it today it would do allot better than it did then. Here is a different set of images to thumb through Link

Edited by Susanlynn9 to fix links.
Edited by Bryan1315
01/01/2007 04:48 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/01/2007  11:07 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The technology to actually do it right is rather more involved than one might first think. The scanning instrument requires micron-level resolution to differentiate between scratches and luster breaks, and this level of resolution comes with the tradeoff of lessened depth-of-field. An instrument capable of both high resolution, and sufficient depth-of-field to accurately survey a high-relief coin, is state-of-the-art even today. Now, further complicating the situation, one must consider speed. The scan must occur in a production environment, quickly enough to make the operation cost-effective and profitable.

Then one must consider the intangibles of eye appeal - luster, toning and the like. I believe that an economically-viable implementation exists with today's technology - I've talked to people on the technology end who believe it can be done - but the resulting product will require a sea change in the TPG industry.

It is, to me, a shame that PCGS has the process patented, because they have a vested interest in keeping it from the market.
Valued Member
Guido's Avatar
United States
390 Posts
 Posted 01/03/2007  8:13 pm  Show Profile   Bookmark this reply Add Guido to your friends list Get a Link to this Reply
Yep, it's all about the money. They don't give a rats *** about what's best for the coin community. "Show me the money" is all it is for them. Sad but true.

But I still think it would be great to be able to have pictures of all the coins a company grades so they could cut down on the resubmissions that go on now. That would be my only wish. Just so we could have an accurate count of graded coins.
Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 01/03/2007  10:30 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
I fear for all these reasons, we're not gonna see machine (computer) coin grading anytime soon. The top TPGs have too firm a grip on the market and have fought change to the current system for decades.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 01/27/2007  7:10 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
Something the TPG's should do is photograph each coin and keep it in a database. With the computer technology today, they should be able to do a comparison scan to see if they have graded that coin before. I think coins are like fingerprints (especially anything below a 69 grade). Everyone will be diffent.

As Bryan1315 said PCGS had this technology back in 1991 with their Expert System. If fact one of the features they boasted about it was that since it stored the digital fingerprint of each coin, if the coin was resubmitted the system would recognize it. With the advancment in computers since then it could probably do an even better job. Of course that would have ended resubmissions and the crackout game which today is a big part of their revenue. Is there are wonder why it was scraped?

Well one reason was that it couldn't grade, but the digital fingerprinting would have still been useful if it hadn't threatened their income.
Edited by Conder101
01/27/2007 7:12 pm
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