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Coin Grading Involving AI
Goob
Posts: 471 ✭✭✭✭✭
Goob
Posts: 471 ✭✭✭✭✭
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On top of this, would AI pose a threat to human graders or do you guys think that AI grading will stay forever separate?
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Just like any technology, I believe that it would be of great help as long as a human gets the last say.
Newbie collector of type and circulated Peace dollars, photographer of places and animals, player of instruments and builder of amplifiers, espresso industry professional, and a person distracted by shiny objects.
CACG Registry
MyCollect Registry
It’s an interesting question. For a long time machine learning was the goal for coin grading. In the last couple of years the possibilities have dramatically shifted. I can see it happening eventually but it will take a number of things to make it market acceptable, in my opinion. I am sure others will think of things I didn’t consider or value my list differently.
That’s just the starting point. Once established a dedicated model could be put together that would “walk” a user through the steps and to provide a grade.
Some of the inherent problems that can’t be solved or would make this process less likely:
1. People like fudge factors
2. Grading has less to do with technical grading and is all about how it would be priced on the market
3. Won’t easily account for scenarios human graders can handle (e.g. this year/mint has this tendency…)
4. Some counterfeit detection is possible or at least a score but a human can more easily sense things like the weight or color being just off or knowing what is more likely counterfeit, etc.
So my final analysis: It’s possible but I don’t see human graders going anywhere until/unless the industry decides that coins should be graded and managed differently. I think the likelihood of that is pretty small.
funny that I saw this thread... I was playing around with ChatGPT and pics of coins that I took just last night and honestly it graded better than a lot of people I know... it will be interesting to see as years go on how it develops...
Honestly that is all really logical insight and I really think you are on to something with this topic.
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
True!
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
I can only restate what i have said previously. I cannot see a stand alone, third party grading service, using only AI to grade coins ; and have collectors accept it at this time. I can see a CAC type stickering option to have AI offer you enhanced grading and or to confirm grades in existing plastic. i will not be surprised if, like the first grading services, there are 2 or 3 parties that launch such options in the next year or two. Perhaps someday we will be discussing the strictness/loosness of some AI robots. James
Modern coins yes, classic coins no. AI would work for technical grading, but there's a lot more involved for classic which is partly subjective.
It'd be helpful for variety attribution. Imagine getting a notification asking if you want your coin, which you didn't know was a variety, attributed. I wouldn't mind that.
Maybe down the line it'll be doing it all but integration is the first phase: variety attribution, prescreening, sniffing, etc.
Honestly that would definitely make a lot of sense...maybe even the most
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
I think in the future AI would be capable of both, but I think not too far in the future, AI will have to start somewhere, which is where I do definitely agree with your standpoint on this.
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably