Home U.S. Coin Forum
Options

My guess for the "changes coming"

Coin FinderCoin Finder Posts: 7,723 ✭✭✭✭✭
Dated slabs
coded slabs tracing pedigree on a website with scanned documentation
Insurance with slabs with trackable chips embedded into the slabs
Slabs graded Genuine are cost reduced to 10 bucks....

Mark

Comments

  • Options
    drei3reedrei3ree Posts: 3,430 ✭✭✭✭


    << <i>Slabs graded Genuine are cost reduced to 10 bucks....

    Mark >>



    image
  • Options
    keetskeets Posts: 25,351 ✭✭✭✭✭
    Dated slabs

    i have always wondered about "transparency" with regard to TPG's and when their respective slabs were entered into their databases. it should be a simple fact that is made available when the Cert # is checked; instead, it is a fact which is hidden and judging from the responses whenever the topic is brought up with customer service or any of the PCGS question forums incarnations, they have deemed it a guardable piece of information. my only hunch is that knowing a 100% specific date when a coin has been encapsulated somehow leaves each service open to some type of liability, criticism or manipulation which they choose not to entertain.

    i think date graded transparency for a TPG from date of inception forward would be a good thing. i also think it will not happen soon.
  • Options
    ElcontadorElcontador Posts: 7,740 ✭✭✭✭✭
    1) Slab dates are deemed to be proprietary information / trade secrets, and you and I are never going to see them.
    2) I can see trackable chips to avoid the fraudulent Chinese coins.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • Options
    PerryHallPerryHall Posts: 47,520 ✭✭✭✭✭


    << <i>

    << <i>Slabs graded Genuine are cost reduced to 10 bucks....

    Mark >>



    image >>



    They charge that much just to reholder a coin.

    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

  • Options
    drei3reedrei3ree Posts: 3,430 ✭✭✭✭


    << <i>1) Slab dates are deemed to be proprietary information / trade secrets, and you and I are never going to see them.
    2) I can see trackable chips to avoid the fraudulent Chinese coins. >>



    Tracking chips in the holders will NEVER fly...privacy, theft, IRS, ex-wives, etc., etc. are all problems with a tracking chip.
  • Options
    MsMorrisineMsMorrisine Posts: 39,450 ✭✭✭✭✭


    << <i>

    << <i>1) Slab dates are deemed to be proprietary information / trade secrets, and you and I are never going to see them.
    2) I can see trackable chips to avoid the fraudulent Chinese coins. >>



    Tracking chips in the holders will NEVER fly...privacy, theft, IRS, ex-wives, etc., etc. are all problems with a tracking chip. >>



    and has been brought up before.

    crack a coin and it can be sold raw.

    counterfeit a holder and chip and you fool a lot of people.



    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Options
    BochimanBochiman Posts: 25,790 ✭✭✭✭✭
    Doesn't need to be "trackable" as long as it can return a ping that it is legit.
    Not sure of the logistics/possibilities, but I think it could be done.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • Options


    << <i>

    << <i>1) Slab dates are deemed to be proprietary information / trade secrets, and you and I are never going to see them.
    2) I can see trackable chips to avoid the fraudulent Chinese coins. >>



    Tracking chips in the holders will NEVER fly...privacy, theft, IRS, ex-wives, etc., etc. are all problems with a tracking chip. >>



    Unlike many, if not most, of my buds, I have yet to be afflicted with an ex-wife, and wonder about why you are mentioning them in this context?
    Tony Barreca

    "Question your assumptions."
    "Intelligence is an evolutionary adaptation."
  • Options
    WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    image
    Customer tracking devices.
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • Options
    zeebobzeebob Posts: 2,825
    Every coin that grades out and is valued over five hundred dollars gets a photo filed in the database. This will be available as part of the check-certification offered. Chinese counterfeiters will have trouble passing off expensive coins in pcgs fake slabs.
  • Options
    BochimanBochiman Posts: 25,790 ✭✭✭✭✭


    << <i>Every coin that grades out and is valued over five hundred dollars gets a photo filed in the database. This will be available as part of the check-certification offered. Chinese counterfeiters will have trouble passing off expensive coins in pcgs fake slabs. >>



    Kind of like what ngc started earlier this year?

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • Options
    itsnotjustmeitsnotjustme Posts: 8,787 ✭✭✭
    I project an online database with photos to cut done on fraud and tampering with coins in holder.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • Options
    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Maybe RF ID tags, like the things in company badges or things they can implant in pets.
    Ed
  • Options
    Halfhunter06Halfhunter06 Posts: 1,342 ✭✭✭
    Details grading all Genuine coins
  • Options
    Is this more "change we can believe in"?

    Not sure if I'm ready for more "change".
  • Options
    My guess is a new design slab which is more counterfeit proof (and tamper proof), much like the new currency.
  • Options
    drei3reedrei3ree Posts: 3,430 ✭✭✭✭
    You'll have to send the holdered coin to pcgs for $20 authentication...if they told us they'd have to kill us!
  • Options
    DoubleEagle59DoubleEagle59 Posts: 8,431 ✭✭✭✭✭
    with all these supposed 'high tech' changes and the eroding US dollar, you'd think a substantial price increase would be in orderimage
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • Options
    BillJonesBillJones Posts: 35,786 ✭✭✭✭✭


    << <i>Dated Slabs >>



    No way. That policy ruined ANACS back in the early 1980s. They announced that their grading standards had gotten too lax and that they were chaning them. It was the beginning of the end for the ANA owned company, and road to "less than prime time player" status for the brand name.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options


    << <i>

    << <i>Every coin that grades out and is valued over five hundred dollars gets a photo filed in the database. This will be available as part of the check-certification offered. Chinese counterfeiters will have trouble passing off expensive coins in pcgs fake slabs. >>



    Kind of like what ngc started earlier this year? >>



    Didn't know NGC was doing that, but if so, then yes.

    I don't know what good a "chip" or RFID tag would do, but if I could look at a coin on ebay, compare it's cert number to the PCGS database and see an image of the coin then I could have a good idea if I was buying the real deal or not.

    Although as I think about it, a PCGS image could be edited into the ebay photo and all would look right (if the editing was done well), and I'd pay a huge sum and receive a fake coin in a fake holder in the mail. sigh. Guess it's just better to buy from reputable dealers and in person when possible huh... image
  • Options
    llafoellafoe Posts: 7,220 ✭✭

    Virtual Coin Collecting... you send your coins to PCGS to be graded and you receive your "slabs" online. The original coins will be stored at PCGS and you will buy/sell/trade collect your slabs online. No more worrying about theft, counterfits, milk spots, copper turning RB or BN, etc. You new "slabs" will live forever!
    WANTED: Cincinnati Reds TEAM Cards
  • Options
    I kind of like the idea of the date idea- gives you a set time line as to when it was graded and holdered. kind of like a pedigree if it was a collector sending them in and not a dealer/bilk submission.

    Hell I might even be willing to pay a small fee to have those I have now set up with a dated holder as to when it was ORIGINALLY graded!

  • Options
    BigDowgieBigDowgie Posts: 1,785 ✭✭✭✭
    I’m of the opinion that the playing around with the plastic will not achieve any real protections for the collector community. However, I do wish there were a way to register coins in an easily accessible database with pictures and some level of information. This could serve as a clearing house for logging lost, stolen or counterfeit coins. Obviously, guidelines and dollar value thresholds would need to be established. You can begin to think about the many possibilities for using this database.

    A misfortune of mine already sees a needed database service to list lost or stolen coins. I won’t go into details, but the coin shown below went missing several years ago. When a coin of this caliber surfaces, a perspective buyer should be able to validate the legitimacy of the seller and the coin by checking to see if the coin carries with it a questionable past. Every coin is as unique as your own fingerprint. The combination of all those little ticks, die scratches, strike details like; surface quality, letter and step details, cannot be duplicated or totally altered.

    Now the real question is, who will step up to the plate!

    imageimage

    Oh yes, this is a 1942-D / Horizontal D.

    image

    Dowgie

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file