So what is next? Grading and certification wise?
tonedcoinlover
Posts: 95 ✭✭✭
We have evolved from raw coins to certified coins.
Multiple grading services evolved.
Certified coins evolved from various iterations (labels, holders)
CAC arrived on the scene
CAC stickers (green, gold)
So where do we go next?
0
Comments
“So what is next?”
Thread titles that let readers know what the subject is?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Thank you Mark. I should have been more specific. Would appreciate your thoughts very much on this topic.
Thank you for being a good sport.
Since you asked, I think it’s all-but-inevitable that an AI grading trial balloon will be floated by one or more of the major grading companies.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I think next will be a grading service that rates graded toned coins on a 1 to 10 scale or something like that. Toning is subjective, but when you know you know when it's fair, ok ,good or mind blowing toning!
Oh and a service that grades whole pcgs sets! Like complete sets as a whole!
Or nothing at all which I would prefer!
I can only repeat myself. I cannot see the current collector population accepting a "New" grading service where the grading is done just by computers/AI etc. I can envision a "NEW" sticker service by which you can submit your coins in a version similar to CAC; only you are getting your second opinion from Robbie the Robot. James
Someone provides a CAC like service using AI, coin photography, scanners, etc. Your coin gets a sticker if it hasn't been messed with; elves, dentists, doctors, chemists, etc.
Once coins will clean bills of health start showing up in auctions, it'd snowball fast. "Why doesn't this 6 figure coin have the stamp of approval?"
I would hope AI might improve the ability to correctly describe varieties. I read posts on here continuously about the tpg companies never getting the labels right, and something has got to be done about that incompetence.
Follow the money.
Investors will be loading up on more bullion coins.
That would be great to have, but I believe it would take a lot of work to enter date and mint mark positions, and other die markers for earlier coins which have less on the hub. It's something that might be fun to work on, but for myself I need to finish the seated half dime attribution guides first!
Smart self grading holders. Can be picked up at Walmart $2.50 each.
@Cougar1978 . That may be the single funniest post you have made thus far. James
Computer grading and separate grades for both sides. Humans need to be out of the "grading" process
Maybe nothing. There has got to be a limit to the financialization of collecting somewhere.
The inevitable, fees for services will increase.
To piggy back on this concept. Holders that speed up the toning process.
I think its being used necessary. In a testing phase by at least PCGS. I have no proof of it but AI is all the rage. I remember some threads about it in past. Maybe it will speed things up.
Student of numismatics and collector of Morgan dollars
Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan MWallace logger7 JWP BruceS bigjpst
JWP
They got a price reduction now, its $2.47
I’d like to see reeds graded
I'm just here waiting for @Morgan White to post his thoughts.
Hmmm....let's see.
Stage 1: Collect coins in a cabinet. You can pick them up and admire them as tangible objects.
Stage 2: Collect coins in boards/folders. You provide some protection but can still hold them as tangible objects if desired.
Stage 3: Collect coins in albums. Additional protection with slides, front and back visibility, but can still hold them as tangible objects if desired.
Stage 4: Collect coins in slabs. Complete (or nearly so) protection, but you have lost the ability to tangibly connect with them, creating distance between the owner and object. It's a personal museum and you are the caretaker.
Stage 5: Collect virtual coins. The cycle is now complete. Collect pictures of coins on your phone, a gallery of things hoped for, of dreams never realized. It's the end of all things real as humanity slides into an AI dystopian future devoid of all happiness and meaning.
Until then, I'll keep throwing these into the box so my grandchildren will know a real world once existed, a place of beauty and truth, and so it can be again.