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AI just broke through a major bottleneck in coin analysis

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  • tincuptincup Posts: 5,139 ✭✭✭✭✭
    edited October 27, 2024 6:33AM

    As for counterfeit detection... that could be an area where AI could be very helpful. Should be able to pick up on very minute discrepancies, etc., that would not be present on a genuine example. But of course, it would have to first 'learn' from having scanned many genuine examples.

    Perhaps a day is coming, where a coin will be place on a scanning platform, that will also weigh the coin. Perhaps a laser will then scan the coin, detecting depth of strike, planchet thickness / height, diameter, volume of depressed strike areas, etc. An XRF scan could also be done, to determine type of metal.

    When all data is collected, advanced calculations could be performed, to determine likely metal volumes, density, grade, authenticity etc. Authenticity could be expressed a percentage of probability. (nothing is foolproof)

    Bottom line for me..... counterfeit detection aide, yes. High level grading in the endless search for 'perfection' ..... no. JMO.

    ----- kj
  • BLUEJAYWAYBLUEJAYWAY Posts: 9,112 ✭✭✭✭✭

    @jmlanzaf said:

    @Typekat said:
    I’m just trying to “remember” the Internet in 1980…

    It was restricted largely to national labs and the like. It was all text at a couple hundred baud on dial up modems.

    Missing a mention of Al Gore's involvement.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • Married2CoinsMarried2Coins Posts: 556 ✭✭✭
    edited October 27, 2024 9:56AM

    @tincup said:
    The ONLY use that I myself would be interested in AI would be for detecting counterfeits. I would not accept or trust AI graded coins. But then I have never put total trust in certified coins either.

    It appears the art/science of an individual being able to grade coins themselves is becoming one of the lost arts, along with cursive handwriting, being able to perform calculations with out a calculator, studying and learning from history, etc.

    While slabs are useful to me to some extent, I much prefer to use my own judgement. I have just as much interest in a raw low grade coin, as higher grade BU examples.

    That is a fact! Eventually, AI will make authenticators obsolete. AI should even be able to detect a one-off the die example if it is ever sent in. As for grading - never. It will only/always be a tool to help human graders to improve their precision.***

    *** Unless AI is allowed to set the standards after initially programed and improved after millions of coins. Then graders will also become obsolete; yet just as now all different AI Systems will PROVIDE AN INFORMED OPINION! ROTFL, back to square one - grading is subjective.

    That's MO and I'm sticking to it.

    PS Thanks @jmlanzaf. You would make a great teacher.

  • jmlanzafjmlanzaf Posts: 34,213 ✭✭✭✭✭

    @tincup said:

    @jmlanzaf said:

    @Married2Coins said:

    @jmlanzaf said:

    @DocBenjamin said:

    @jmlanzaf said:

    @DocBenjamin said:

    @jmlanzaf said:

    @DocBenjamin said:

    @jmlanzaf said:

    @messydesk said:

    @coastaljerseyguy said:
    ... AI is being programmed to assist with medical surgeries, I think it can be developed to grade coins.

    For imaging-related medical AI applications, the amount of time and data needed to train, test, and release one application is staggering, and this is starting with equipment that is calibrated to very specific imaging parameters such that the image quality and image impression is predictable and consistent not only from one day to the next on a specific imaging system, but all imaging systems, even across vendors.

    Before AI can grade coins reliably, the image acquisition step needs to be just as refined. The acquisition system needs to be fully automated and collect data that produces the same data that a grader defining the ground truth sees when grading a coin. A single, good 2D photo is often pretty good, but seldom enough. A bad 2D photo is worthless.

    Yes. But this is a solvable problem.

    AI will be used to assist in every area of human life. Anyone who thinks otherwise, really doesn't understand "AI". Even if a human is still the main grader, that human will be using AI tools to help grade coins.

    First, it needs to figure out that cleaning coins is not a good thing.

    It knows whatever you tell it.

    That does not imply intelligence of any dscription.

    Yes it does. If i tell you 10 things and you draw a conclusion, did that require zero "intelligence" on your part?

    If the Google self driving software sees a bicycle and draws the incorrect conclusion, you have a corpse on a Tempe Arizona street.

    Try again.

    So you're not intelligent because you never draw incorrect conclusions?

    Your confusing intelligence with omniscience.

    What is omnisience?

    All knowing.

    Perhaps the correct word/spelling is omniscience?

    That's how I spelled it.

  • jmlanzafjmlanzaf Posts: 34,213 ✭✭✭✭✭

    @Married2Coins said:

    @tincup said:
    The ONLY use that I myself would be interested in AI would be for detecting counterfeits. I would not accept or trust AI graded coins. But then I have never put total trust in certified coins either.

    It appears the art/science of an individual being able to grade coins themselves is becoming one of the lost arts, along with cursive handwriting, being able to perform calculations with out a calculator, studying and learning from history, etc.

    While slabs are useful to me to some extent, I much prefer to use my own judgement. I have just as much interest in a raw low grade coin, as higher grade BU examples.

    That is a fact! Eventually, AI will make authenticators obsolete. AI should even be able to detect a one-off the die example if it is ever sent in. As for grading - never. It will only/always be a tool to help human graders to improve their precision.***

    *** Unless AI is allowed to set the standards after initially programed and improved after millions of coins. Then graders will also become obsolete; yet just as now all different AI Systems will PROVIDE AN INFORMED OPINION! ROTFL, back to square one - grading is subjective.

    That's MO and I'm sticking to it.

    PS Thanks @jmlanzaf. You would make a great teacher.

    That's not what my students say... lol

  • Married2CoinsMarried2Coins Posts: 556 ✭✭✭

    @jmlanzaf said:

    @Married2Coins said:

    @tincup said:
    The ONLY use that I myself would be interested in AI would be for detecting counterfeits. I would not accept or trust AI graded coins. But then I have never put total trust in certified coins either.

    It appears the art/science of an individual being able to grade coins themselves is becoming one of the lost arts, along with cursive handwriting, being able to perform calculations with out a calculator, studying and learning from history, etc.

    While slabs are useful to me to some extent, I much prefer to use my own judgement. I have just as much interest in a raw low grade coin, as higher grade BU examples.

    That is a fact! Eventually, AI will make authenticators obsolete. AI should even be able to detect a one-off the die example if it is ever sent in. As for grading - never. It will only/always be a tool to help human graders to improve their precision.***

    *** Unless AI is allowed to set the standards after initially programed and improved after millions of coins. Then graders will also become obsolete; yet just as now all different AI Systems will PROVIDE AN INFORMED OPINION! ROTFL, back to square one - grading is subjective.

    That's MO and I'm sticking to it.

    PS Thanks @jmlanzaf. You would make a great teacher.

    That's not what my students say... lol

    My guess is you are tough, thorough, and patient.

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