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Artificial Intelligence Coin Grading Research

Hi, my name is Ross and I am a student, in my business class we are conducting a research paper on a topic of our choosing, and I chose the prospect of an Artificial Intelligence Coin Grading **Business. I am polling to see how what the general consensus amongst other coin collectors is. The link is below, and no personal information is collected from the form. The results are also **public so everyone can see them after you submit an answer.
https://forms.gle/L7RYMnFyoUp7L6Wn7

PS: Sorry if this goes against any rules mods, feel free to take down if it does.

Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @Ross117 ... Welcome aboard. You will find many here do not click on unknown links, and still others who are reluctant to provide information to an unknown entity. Good luck. Cheers, RickO

  • TomBTomB Posts: 20,725 ✭✭✭✭✭

    Welcome and I have to agree with @ricko. If you are just going to parachute into the forum and expect to get everyone to follow your link and fill out your survey then you might not get as much information, or as much reliable information, as you would if you actually spent the time to get to know the forum and participate in it. Good luck.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

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  • justindanjustindan Posts: 697 ✭✭✭✭✭

    @Ross117 there is a ton of information out there about this subject on the internet. And it is my understanding some of the grading services have used/currently use AI.

    https://forums.collectors.com/discussion/1042609/pcgs-launches-ai-powered-coin-grading-technology
    https://boards.ngccoin.com/topic/422583-ai-grading/

    The link appears safe and links to google docs.

  • tcollectstcollects Posts: 825 ✭✭✭✭

    The computers take 6 months to grade each coin

  • DelawareDoonsDelawareDoons Posts: 3,234 ✭✭✭✭✭
    edited October 19, 2022 7:24AM

    Your questions are flawed because while I do believe an AI coin grading system is possible, I also believe the system would require the coins be in front of it, for lack of a better way of saying it. So I really don't think its something you can develop an app for, as it seems your revenue question implies.

    You need quality inputs for quality outputs, and the only way to create quality inputs for something like coin grading would be to have consistent, reproducible datasets for each example being graded.

    Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • johnny9434johnny9434 Posts: 27,476 ✭✭✭✭✭

    ( i hope you get some good investors ) ;)

  • silverpopsilverpop Posts: 6,597 ✭✭✭✭✭
    edited October 19, 2022 8:18AM

    i went to that site and think it's interesting to see where that leads

  • BStrauss3BStrauss3 Posts: 3,144 ✭✭✭✭✭

    Survey design is definitely a separate skill, and while it's not part of your course, when you design a survey question poorly, it will cause all of your data to be seen as questionable. You've combined TWO questions in one, allowing for people to select multiple conflicting answers. Male/Female should be a single radio button and the generation as age proxies another:

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • jmlanzafjmlanzaf Posts: 31,826 ✭✭✭✭✭

    @DelawareDoons said:
    Your questions are flawed because while I do believe an AI coin grading system is possible, I also believe the system would require the coins be in front of it, for lack of a better way of saying it. So I really don't think its something you can develop an app for, as it seems your revenue question implies.

    You need quality inputs for quality outputs, and the only way to create quality inputs for something like coin grading would be to have consistent, reproducible datasets for each example being graded.

    Agreed. Consistent lighting and viewing angles matter.

  • @jmlanzaf said:

    @DelawareDoons said:
    Your questions are flawed because while I do believe an AI coin grading system is possible, I also believe the system would require the coins be in front of it, for lack of a better way of saying it. So I really don't think its something you can develop an app for, as it seems your revenue question implies.

    You need quality inputs for quality outputs, and the only way to create quality inputs for something like coin grading would be to have consistent, reproducible datasets for each example being graded.

    Agreed. Consistent lighting and viewing angles matter.

    I agree too, the paper is more on the prospect of it (it is presented as a pitch towards and investor), the lighting and the angles would matter but there are many components of cameras (facial recognition features) that could allow for a coin to be graded possibly by moving the camera toward different angles (if you've ever set up facial recognition on an iphone you'll know what I mean).

  • @BStrauss3 said:
    Survey design is definitely a separate skill, and while it's not part of your course, when you design a survey question poorly, it will cause all of your data to be seen as questionable. You've combined TWO questions in one, allowing for people to select multiple conflicting answers. Male/Female should be a single radio button and the generation as age proxies another:

    I know, I was worried of people becoming annoyed about the amount of questions and stopping mid-way through the survey, but I get what your saying.

  • @justindan said:
    @Ross117 there is a ton of information out there about this subject on the internet. And it is my understanding some of the grading services have used/currently use AI.

    https://forums.collectors.com/discussion/1042609/pcgs-launches-ai-powered-coin-grading-technology
    https://boards.ngccoin.com/topic/422583-ai-grading/

    The link appears safe and links to google docs.

    Thanks for sharing, it's interesting that you mentioned that because as far as I've heard PCGS actually stopped using AI with their grading, many think due to it being 'too unbiased', others think the technology isn't there yet. Whichever it is, I don't actually have to create the working product, it's more theory.

  • @ricko said:
    @Ross117 ... Welcome aboard. You will find many here do not click on unknown links, and still others who are reluctant to provide information to an unknown entity. Good luck. Cheers, RickO

    @TomB said:
    Welcome and I have to agree with @ricko. If you are just going to parachute into the forum and expect to get everyone to follow your link and fill out your survey then you might not get as much information, or as much reliable information, as you would if you actually spent the time to get to know the forum and participate in it. Good luck.

    Sorry if it seems that way, I am active on r/coins (on reddit) and was trying to branch into other forums.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @Ross117 .... Not a problem. You are certainly welcome here. I was just letting you know about how many members are cautious about links from new members. Please continue with this forum, it is an incredible source of information and entertainment. Leading numismatists are members here, and freely share information and advice. Cheers, RickO

  • jmlanzafjmlanzaf Posts: 31,826 ✭✭✭✭✭
    edited October 19, 2022 1:23PM

    @Ross117 said:

    @jmlanzaf said:

    @DelawareDoons said:
    Your questions are flawed because while I do believe an AI coin grading system is possible, I also believe the system would require the coins be in front of it, for lack of a better way of saying it. So I really don't think its something you can develop an app for, as it seems your revenue question implies.

    You need quality inputs for quality outputs, and the only way to create quality inputs for something like coin grading would be to have consistent, reproducible datasets for each example being graded.

    Agreed. Consistent lighting and viewing angles matter.

    I agree too, the paper is more on the prospect of it (it is presented as a pitch towards and investor), the lighting and the angles would matter but there are many components of cameras (facial recognition features) that could allow for a coin to be graded possibly by moving the camera toward different angles (if you've ever set up facial recognition on an iphone you'll know what I mean).

    But there is a huge difference between different lighting sources and the angle of the lighting that can make an UNC coin look XF and sometimes vice versa.

    The color of the background can also influence the white balance.

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