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PCGS will begin using a new slab in 2010, don't you think?

jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
in U.S. Coin Forum
With all the hype about what PCGS is going to reveal in the coming weeks, and all the piracy going on, don't you think it's time for PCGS to come out with a new slab? One that will:

1. Prevent Fake slabers
2. Provide a way to tell (for the cent collectors freaking out) which coins were graded before 2010 for the RB/RD designations
3. Make collectors feel more comfortable buying coins that have a high copy rate.
4. Possibly prevent environmental damage (AT???) from occurring once in the slab

I wonder if they will also let us know who won the 50k for coming up with a solution to the ASE spot problem, if they figured it out.

image

PCGS hasn't said any of this, it's just my speculation but I think it will be a new slab. I guess we will wait and see.

Comments

  • yellowkidyellowkid Posts: 5,486 ✭
    Technologically it is no big deal to have a system that would make counterfeiting all but impossible, I hope that is what PCGS is on to.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    If a new slab did all that you are expecting it to do, it could be a big revenue generator for PCGS as people trade in their old ones for new ones.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • RWBRWB Posts: 8,082 ✭
    They will begin electromagnetically compressing all coins to save slab space and plastic. Additionally, all coins will have the word “COPY” stamped into them. This will eliminate the problem of Chinese fakes.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I think that would be a logistical nightmare for them.
    Changing the printer program to put the graded date on the insert would be a lot easier.
    And a updated sonic sealer to seal the whole slab would help a lot, might even pay for it's self in reholders if promoted right.
    I for one would like to get many of my coins reholdered if that was part of the package.
    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Why is a new holder a logistical nightmare? they've done it many times.

    I think they don't put the date on the slab on purpose, for a variety of reasons.

    Completely sealing the slab would create a new set of problems including slab cracking/bulging if you leave it in the car in the summer.

    --Jerry

  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>don't you think? With all the hype about what PCGS is going to reveal in the coming weeks, and all the piracy going on, don't you think it's time for PCGS to come out with a new slab? One that will:

    1. Prevent Fake slabers
    2. Provide a way to tell (for the cent collectors freaking out) which coins were graded before 2010 for the RB/RD designations
    3. Make collectors feel more comfortable buying coins that have a high copy rate.
    4. Possibly prevent environmental damage (AT???) from occurring once in the slab

    I wonder if they will also let us know who won the 50k for coming up with a solution to the ASE spot problem, if they figured it out.

    image

    PCGS hasn't said any of this, it's just my speculation but I think it will be a new slab. I guess we will wait and see. >>



    New slabs will never prevent counterfeiting of the old slabs which is the real problem and since PCGS has over 18,000,000 coins in old slabs (give or take a few million for upgrades and crackouts), a new slab certainly will not make a difference.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Ah the hype over the ANNOUNCEMENT... amazing how little it takes to entertain coinies....Cheers, RickO
  • ksteelheaderksteelheader Posts: 11,777 ✭


    << <i>Technologically it is no big deal to have a system that would make counterfeiting all but impossible, I hope that is what PCGS is on to. >>



    Technology itself will make sure that counterfeiting will never go away.
  • BigRickBigRick Posts: 1,334
    All problems could've been solved already if the will (and the willingness to spend/have spent whatever is/was required) were there.
    My Sets
  • DCWDCW Posts: 7,625 ✭✭✭✭✭
    Man, i hate opening a thread and finding out the title statement is the OP's conjecture and is not in fact breaking news...image

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • illini420illini420 Posts: 11,467 ✭✭✭✭✭


    << <i>Man, i hate opening a thread and finding out the title statement is the OP's conjecture and is not in fact breaking news...image >>



    image

    Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

  • JedPlanchetJedPlanchet Posts: 908 ✭✭✭
    Maybe it's time to be putting RFID chips into the slabs? image
    Whatever you are, be a good one. ---- Abraham Lincoln
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>Maybe it's time to be putting RFID chips into the slabs? image >>



    Nothing is easier to duplicate than a digital signature....
  • BUFFNIXXBUFFNIXX Posts: 2,727 ✭✭✭✭✭
    I think it would be a big mistake for pcgs to come out with a new sized or shaped slab. They have remained consistant since they abandoned the old original rattler slab in the late eighties. They can change the color, design and layout of the label if they want but their consistency is in the slab itself. Maybe they can come out with a new larger slab for the big ego collectors what want their stuff to really stick out. Maybe they could come out with a larger slab which would include a photo of the collector him/herself. Anyway they will probably come out with something that will cause a number of collectors to reholder their old pcgs slabs into their new state of the art 2010 slab. And thus the sheeple will continue to be fleeced.
    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • terribleredmonsterterribleredmonster Posts: 456 ✭
    I've wondered for a while why PCGS and NGC slabs aren't more resilient to environmental conditions. All of the resent hubub regarding color designations just fueled my curiosity. It seems like these companies would have a vested interest in providing the most stable slab possible in light of their guarantees. Even without the color designation guarantee it seems like it would be wise to include something along the lines of an intercept shield insert in the slab. I don't even see how cost would be a prohibitive factor as they could simply pass it on to the collector like everything else in this hobby. Heck, marketed correctly they'd probably see increased submissions for reholdering because people want the best.

    Just my humble opinion, naturally.
    "YOU SUCK!" Awarded by nankraut/renomedphys 6/13/13 - MadMarty dissents
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>I think it would be a big mistake for pcgs to come out with a new sized or shaped slab. They have remained consistant since they abandoned the old original rattler slab in the late eighties. They can change the color, design and layout of the label if they want but their consistency is in the slab itself. Maybe they can come out with a new larger slab for the big ego collectors what want their stuff to really stick out. Maybe they could come out with a larger slab which would include a photo of the collector him/herself. Anyway they will probably come out with something that will cause a number of collectors to reholder their old pcgs slabs into their new state of the art 2010 slab. And thus the sheeple will continue to be fleeced. >>



    It's pretty clear where you see yourself compared to the rest of the herd...
  • llafoellafoe Posts: 7,220 ✭✭
    PCGS will grade and return all coins in 2x2 mylar with a CAC bean. No slabs = no counterfeit slabs!
    WANTED: Cincinnati Reds TEAM Cards
  • Billet7Billet7 Posts: 4,923 ✭✭✭
    I agree.
  • leothelyonleothelyon Posts: 8,490 ✭✭✭✭✭
    Wouldn't it be nice to put a number on a slab so it could be verified on a yearly basis to keep the pops accurate. Just think of it, anyone trying to sell a certified coin that wasn't in the system would get rejected by the buyer because the buyer would have no grade guarantee. And while we're at it, an ownership verification system could also help keep tract of who has what. Transitional receipts would be in order to help keep track of who has what. That's right, if so and so sells a coin that's in the system, papers would need to be filed that there was a change in ownership.
    And here's one for the TPGS, if the coin is not in the system, the grade guarantee is voided for that coin. And for added sercuity, collectors who have coins in the system would need a secret code, similar to Teletrade's zip code password system or the 3 extra numbers on the back of your credit card. Of course, all this would rain hell on those who would rather not have the IRS looking over our shoulders. But if you want high security than some things must be sacrificed.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • SeaEagleCoinsSeaEagleCoins Posts: 3,262 ✭
    PCGS will begin using a new slab in 2010, don't you think?





    What have they been doing up until now? Recycling old slabs? image
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • messydeskmessydesk Posts: 20,309 ✭✭✭✭✭
    Actually, I thought they were going to this year
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>

    << <i>Technologically it is no big deal to have a system that would make counterfeiting all but impossible, I hope that is what PCGS is on to. >>



    Technology itself will make sure that counterfeiting will never go away. >>



    I couldn't have said it better.

    Buyer and seller of vintage coin boards!
  • orevilleoreville Posts: 12,148 ✭✭✭✭✭
    Actually, I thought they were going to last year.
    A Collectors Universe poster since 1997!
  • PerryHallPerryHall Posts: 46,856 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Technologically it is no big deal to have a system that would make counterfeiting all but impossible, I hope that is what PCGS is on to. >>



    Technology itself will make sure that counterfeiting will never go away. >>



    I couldn't have said it better. >>



    Technology will make counterfeiting more difficult since it will be used to authenticate coins.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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