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Huge!! PCGS CoinFacts Announcement

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  • keyman64keyman64 Posts: 15,554 ✭✭✭✭✭
    image

    I'm looking forward to my boat being rocked!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:


  • << <i>Later this afternoon we will put up a video on PCGS.com.

    This video will answer all your questions - and rock your boat!

    I think this is super image




    this has been a great way to get suggestions for future enhancements!


    I agree and a couple of things were mentioned that are already in the pipeline. >>



    Please notify us when the video is up and available for viewing!
  • MsMorrisineMsMorrisine Posts: 36,180 ✭✭✭✭✭
    FW makes ErrorFacts.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭
    Oh! I just watched THE VIDEO!

    So the big news is that Fred Weinberg is now totally gray and suffers from male pattern baldness.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>So the big news is that Fred Weinberg is now totally gray and suffers from male pattern baldness. >>



    Pretty low blow georgiacop50 image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • dbcoindbcoin Posts: 2,200 ✭✭
    Apparently at the behest of Timothy Geithner and Ben Bernanke, PCGS is making this announcement after the stock market closes so as not to overwhelm the exchanges with huge buy orders for CLCT stock.
  • BearBear Posts: 18,953 ✭✭✭
    I give up. Somebody please wake me up by knocking on the cave.

    This suspense is too much for me and I will be taking a nap if and

    when the news breaks.image
    There once was a place called
    Camelotimage
  • keyman64keyman64 Posts: 15,554 ✭✭✭✭✭
    Almost 5PM Eastern Time ....and nothing. I will just check later tonight I guess...kinda lost interest now.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>I give up. Somebody please wake me up by knocking on the cave.

    This suspense is too much for me and I will be taking a nap if and

    when the news breaks.image >>



    We'll rock your goat when it happens! imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!


  • << <i>Later this afternoon we will put up a video on PCGS.com.

    This video will answer all your questions - and rock your boat!

    I think this is super image
    >>



    Are you speaking as an officer of a publicly traded company or as a fan of Coin Facts?
  • deviousdevious Posts: 1,690
    In the user agreement on the PCGS coin submission form, it states:

    ---
    "13. In the ordinary course of its grading operations, PCGS (i) compiles data regarding each coin submitted for grading, including, but not limited to, data relating to the identity, minting, condition and grade of the coin (the "Data"); and (ii) may take, or have taken, one or more digital or other types of photographs, images or reproductions of each such coin (collectively, the "Photographs"). In consideration for the grading services being provided by PCGS, Customer, on behalf of itself and any third party for whom Customer may be acting, hereby authorizes PCGS (i) to compile and maintain such Data with respect to each coin submitted hereunder for grading; and (ii) to take, or cause to be taken, one or more Photographs of each such coin, and further agrees that PCGS will be the owner of such Data and all such Photographs and that PCGS may use and exploit such Data and the Images for commercial and any other purposes, as PCGS in its sole discretion deems appropriate, including, but not limited to, the publication and republication or reproduction in or on any media, of such Data and Photographs."
    ---

    There should be a waiver for this. Or you should offer incentives to those whose coins you do decide to use on CoinFacts or in other PCGS marketing literature/material. Like maybe...a free month membership to CoinFacts for every coin you choose to use, especially when we're paying PCGS to take the images in the first place. Just my two jaded cents.



  • << <i>In the user agreement on the PCGS coin submission form, it states:

    ---
    "13. In the ordinary course of its grading operations, PCGS (i) compiles data regarding each coin submitted for grading, including, but not limited to, data relating to the identity, minting, condition and grade of the coin (the "Data"); and (ii) may take, or have taken, one or more digital or other types of photographs, images or reproductions of each such coin (collectively, the "Photographs"). In consideration for the grading services being provided by PCGS, Customer, on behalf of itself and any third party for whom Customer may be acting, hereby authorizes PCGS (i) to compile and maintain such Data with respect to each coin submitted hereunder for grading; and (ii) to take, or cause to be taken, one or more Photographs of each such coin, and further agrees that PCGS will be the owner of such Data and all such Photographs and that PCGS may use and exploit such Data and the Images for commercial and any other purposes, as PCGS in its sole discretion deems appropriate, including, but not limited to, the publication and republication or reproduction in or on any media, of such Data and Photographs."
    ---

    There should be a waiver for this. Or you should offer incentives to those whose coins you do decide to use on CoinFacts or in other PCGS marketing literature/material. Like maybe...a free month membership to CoinFacts for every coin you choose to use, especially when we're paying PCGS to take the images in the first place. Just my two jaded cents. >>



    Actually i agree with Dev on this one ...

    Members pay for the following

    membership to PCGS for grading submissions
    Grading Fees
    Coinfacts
    Image taking


    Now if PCGS wants to use those images for whatever marketing purpose they should compensate the member if ever so minimally for the use of that image. I don't think PCGS would want anyone copying or using their images in a any marketing arena without compensation
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Later this afternoon we will put up a video on PCGS.com.

    This video will answer all your questions - and rock your boat!

    >>

    I think my boat is sinking. image
    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!
  • DaggoBDaggoB Posts: 333 ✭✭
    Do not rush any body at PCGS about the announcement They are in the process of grading my 8 crossovers and if they go too fast i will have all Genuine coins.
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    I am guessing they will post it as they walk out the door for the weekend so that no one can call with questions.
  • deviousdevious Posts: 1,690


    << <i>Now if PCGS wants to use those images for whatever marketing purpose they should compensate the member if ever so minimally for the use of that image. I don't think PCGS would want anyone copying or using their images in a any marketing arena without compensation >>



    This is where it becomes awkward, PCGS could sue if you were to engage in a for profit venture with the images that they took of your coin. And I think they should give back to their members when they force their members' coins to become profitable marketing tools for the company's success. In the modeling world, there's a common acronym thrown around; TFP, otherwise known as time for prints. The model gets prints, the photographer gets the copyright of the photos of the model to market, sell, and distribute as they wish. The model DOES NOT pay for TFP, but the tradeoff of a copy of the images is considered in lieu of payment.

    I see it sort of the same when CoinFacts begins to employ the photos of the PCGS member base for public display. The only difference is, we are paying for what otherwise would have been done for free of charge in the TFP modeling world. So, not only is PCGS profiting off of our coins, but they're charging us for them to profit off of our coins as well. This is not always the case, but how are we to discern whether or not they want to use a certain coin we send in on CoinFacts? I would had never known that my coins were there had I not signed up for the trial membership. (This isn't necessary, but a happy wishful thinking request --->> )They should notify members when their coin photos are also being used in advertisement, on a website, and so forth.

    Some members, however, are not paying for TrueView images, yet their coins are being photographed and displayed on CoinFacts and thus giving them a free professional grade image of their coin. And in this scenario, it causes less of an issue because you get your TFP in the coin world. The coin gave the time, and the coin (or possessor of the coin) gets the print.

    Why should only SOME (random) members benefit? The ones who are NOT paying for TrueViews? And why force those who signed the form and wanted TrueViews (and agreed to pay the twenty dollars per coin) to pay for the images anyway even though those same images are still going to be placed on CoinFacts? Some members of PCGS are reaping a free benefit whereas others are being charged. It's not a fair (or equal anyway) business practice and it should be addressed.

    I guess I should stop being logical and stuff. It tends to get me in trouble on this forum.
  • ldhairldhair Posts: 7,354 ✭✭✭✭✭
    I think it would be really cool if they used one of my coins on CoinFacts but that's just me.
    Larry

  • 123cents123cents Posts: 7,178 ✭✭✭


    << <i>I am guessing they will post it as they walk out the door for the weekend so that no one can call with questions. >>




    I think you right!image
    image
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Devious,

    While your discussion may be correct from a legal standpoint, I do not see the harm of allowing PCGS to use an image of my coin for CoinFacts, further promotion, etc. I have images in CoinFacts that were of coins submitted for TrueView and also images that I had no idea were made at PCGS while coins are in for grading (where TrueView service was not separately purchased). If images of my coins can assist other collectors or even assist PCGS marketing its products and services, PCGS has my support.

    If I paid for TrueView images and PCGS was selling those images to a third party, I might feel differently, but I do not see how that would occur in the real world.
  • lavalava Posts: 3,286 ✭✭✭
    That is pretty exciting news. What was it again, in non-video format?
    I brake for ear bars.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>

    << <i>I am guessing they will post it as they walk out the door for the weekend so that no one can call with questions. >>




    I think you right!image >>


    Yes, it is indeed "later in the afternoon", and I am getting a cramp in my index finger from refreshing the home page. imageimage
  • deviousdevious Posts: 1,690


    << <i>Devious,

    While your discussion may be correct from a legal standpoint, I do not see the harm of allowing PCGS to use an image of my coin for CoinFacts, further promotion, etc. I have images in CoinFacts that were of coins submitted for TrueView and also images that I had no idea were made at PCGS while coins are in for grading (where TrueView service was not separately purchased). If images of my coins can assist other collectors or even assist PCGS marketing its products and services, PCGS has my support.

    If I paid for TrueView images and PCGS was selling those images to a third party, I might feel differently, but I do not see how that would occur in the real world. >>



    RYK,

    I don't think it's harmful by what they're doing. I am just stating that it shouldn't be unreasonable for PCGS to offer to those who are submitting coins that end up appearing on CoinFacts an incentive of some sort. I just sent in seven coins, over 500 dollars in fees. Not to mention, our yearly membership fee, our CoinFacts membership fee, et cetera. It adds up to a lot. And I am just saying a small incentive of some sort shouldn't be too much to ask for for all of us? This isn't about me. This is about the entire member database. If they do reward memberships, I'm not really aware of it. They are happy to take every dollar they can get (every business is and I understand), but in the marketing of things, a small incentive shouldn't be too hard to hand out. We do make the company. They are a publicly traded company (well, CU as a whole). And I think it may even yield more people willing to pay for their various additional services like TrueView imaging and such. Just a recommendation more than anything else.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,440 ✭✭✭✭✭


    << <i>I think it would be really cool if they used one of my coins on CoinFacts but that's just me. >>



    A handful of mine are used and it makes my day when I run across one. image
  • keyman64keyman64 Posts: 15,554 ✭✭✭✭✭


    << <i>
    Yes, it is indeed "later in the afternoon", and I am getting a cramp in my index finger from refreshing the home page. imageimage >>

    This must be a tactic they are using to show an increase in number of web page impressions to potential advertisers on the home page of the website. image
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • DonWillisDonWillis Posts: 961 ✭✭✭
    The wait is over - here it is


    PCGS CoinFacts Announcement


  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭
    I just fell out of the boat...
  • ldhairldhair Posts: 7,354 ✭✭✭✭✭
    Really cool. I can make great use of this at shows.
    Larry



  • imageimage
  • CasmanCasman Posts: 3,935 ✭✭
    Very exciting, Great Jobimage
  • goldengolden Posts: 10,018 ✭✭✭✭✭
    I have a rotary dial phone.
  • llafoellafoe Posts: 7,220 ✭✭


    << <i>I have a rotary dial phone. >>



    What size screen does it have? image
    WANTED: Cincinnati Reds TEAM Cards
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>Is this guaranteed?

    Of course not. We could mail everyone $100 bills and some would still complain. "Gee, my bill was folded...".


    But I can tell you that I refer to this internally as "The greatest thing since sliced bread!". >>



    Going back to your Aug 1, 2011 post - maybe you ought to consider the $100 bills.
  • icsoccericsoccer Posts: 1,339 ✭✭✭
    zzzzzzzzzzzzzzzzzzzzzzzz....I do not have a cell phone....and I do subscribe to coin facts.......image
    Successful BST transactions to date: Coindeuce, Cohodk, dantheman984, STONE, LeeG, jy8s, jkal, SeaEagleCoins, Hyperion, silverman68,Meltdown,RichieURich,savoyspecial,Barndog
  • keyman64keyman64 Posts: 15,554 ✭✭✭✭✭
    PCGS.com, Coinfacts Web Pages, Heritage Web Pages...and just about all other Web Pages Worked Just Fine on the iPhone and Droid prior to this mobile launch. I have been pulling most of this info up on my iPhone for OVER A YEAR!...although I might have a few web browsers open on the iPhone...this has been way simple for over a year. So now it is a bit more organized, kudos on that sure...but the "Greatest Thing Since Sliced Bread?"...not even close. I am not bashing by any means, it is a good feat to organize this information so that it is easier to access on a mobile device...and likely more compatible with a lot more devices, blah blah blah...but like I said, I have been pulling up just about all of this information while at shows for over a year.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • dbcoindbcoin Posts: 2,200 ✭✭


    << <i>zzzzzzzzzzzzzzzzzzzzzzzz....I do not have a cell phone....and I do subscribe to coin facts.......image >>



    get with the times grampa
  • Tiggs2012Tiggs2012 Posts: 167 ✭✭✭
    Should do a version optimized for iPad next image
  • NeoStarNeoStar Posts: 1,123 ✭✭✭
    I don't mean to bash but to me this seems like baby steps. The people affected by this change are the same people that were affected by the last change, US coin collectors. It's the same customer base. Most of them have the ability to access CoinFacts from their smart phones already (although not in this format). I do not access mobile pages from my smart phone, I simply access regular pages. For many applications (like my bank's mobile app and eBay), mobile pages seem like stripped down versions of the "real thing". I prefer to access the regular page and have no problem doing so from my phone.

    I consider the PCGS Secure service to be a major breakthrough for coin collectors. Before this service was implemented, we depended on the graders expertise alone to make determinations whether a coin was authentic or not, or whether the color on a coin was natural or artificial. Since the PCGS Secure service started, collectors can rest assure that the coin being graded as authentic is in fact authentic. It is a proven science because there are elements within the service that detect several different aspects of the coin to ensure everything on that coin is within a specific known and acceptable range.

    I collect both US coins as well as foreign. This announcement doesn't change the fact that the PCGS CoinFacts service for world coins is still limited if it exists at all. I don't know what efforts have been made to bring dark side collectors into the CoinFacts realm. I really would like to get the same service for foreign coins. That would be a great announcement. To know that a larger sector within the collector community can take advantage of this great service made available to US coin collectors.
  • OK i don't mean to be critical here .... But i have owned a internet company for many years and also have had a ton of software written for me and also written some myself ... Now first off its not an App for Iphone but just a mobile web adjustment. It doesn't tell you anything more then coin facts does in a normal web environment that you can access by Iphone , Ipad or any other web enabled device. Since both systems are accessing obviously the same SQL Database. So i am sorry but i am not as excited about a $10,000 to 15,000 dollar web application ( If you paid more then that you got ripped off ,,, go to getacoder.com or guru and hire your coders ) that reformats the information for a mobile device. In this age of Ipads and smart phones this isn't all that great of an advance ... If you really wanted to increase subscription offer something more substantial ...

    Sorry but it disappoints me that this was the announcement ........


    image

    Now since i posted this i will probably have all of my last submission marked GENUINE....
  • lkeigwinlkeigwin Posts: 16,894 ✭✭✭✭✭


    << <i>I consider the PCGS Secure service to be a major breakthrough for coin collectors. Before this service was implemented, we depended on the graders expertise alone to make determinations whether a coin was authentic or not, or whether the color on a coin was natural or artificial. Since the PCGS Secure service started, collectors can rest assure that the coin being graded as authentic is in fact authentic. It is a proven science because there are elements within the service that detect several different aspects of the coin to ensure everything on that coin is within a specific known and acceptable range. >>

    Secure Plus takes digital fingerprints and stores them. Any subsequent submission is scanned and compared to the database information, looking for changes/doctoring.

    It does nothing to determine authenticity. It does not make calls on color legitimacy or toning. Its sole purpose is to maintain a record of what was graded and be alert to subsequent submissions of the same coin in order to detect doctoring.
    Lance.
  • DonWillisDonWillis Posts: 961 ✭✭✭
    What you see in the video is the tip of the iceberg. The availability and organization of the mobile information is unprecedented.

    It is far more than just viewing PCGC.coinfacts on your smart phone (which is great). The data has been reformatted and is delivered instantly. It is designed to support coin specific transactions and real time interaction.

    There isn't anything like it out there.


    On August 12th give it a try. I am sure you will be pleasantly surprised.


    Negotiating using mobile coinfacts will be like having a gun in your pocket.






  • << <i>What you see in the video is the tip of the iceberg. The availability and organization of the mobile information is unprecedented.

    It is far more than just viewing PCGC.coinfacts on your smart phone (which is great). The data has been reformatted and is delivered instantly. It is designed to support coin specific transactions and real time interaction.

    There isn't anything like it out there.


    On August 12th give it a try. I am sure you will be pleasantly surprised.


    Negotiating using mobile coinfacts will be like having a gun in your pocket. >>



    Looking forward to it!!
  • NeoStarNeoStar Posts: 1,123 ✭✭✭
    Secure Plus takes digital fingerprints and stores them. Any subsequent submission is scanned and compared to the database information, looking for changes/doctoring.

    It does nothing to determine authenticity. It does not make calls on color legitimacy or toning. Its sole purpose is to maintain a record of what was graded and be alert to subsequent submissions of the same coin in order to detect doctoring.
    Lance.


    Lance,
    With all due respect, PCGS Secure is more than just a digital fingerprint. Some aspects of it do help determine authenticity by testing metal composition and weight. It does make calls on color legitimacy by testing for more than 80 different common substances used by coin doctors. PCGS Secure creates a digital fingerprint of a coin, it sniffs its surfaces and test metal composition. The concept has been discussed on these boards over and over again. There are tons of information about it on the Internet as well. Here are some helpful links to the service and its capabilities:

    Latest PCGS Announcement

    As it reads: " As part of Secure Plus, each coin is scanned, photographed, sniffed and subjected to a metal composition analysis. The metal testing is very helpful in detecting counterfeits. The availability of a photograph is also very effective in deterring counterfeiting."

    Link to Sniffer Video

    As you may see on this video, PCGS Secure obtains more than just a digital fingerprint. It detects foreign substances on the coin and not just for future comparison.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Hmmmm. Should I buy an Iphone along with the monthly Internet Charges just to be able to use this?








    Naaaaaaa.


    I'll wait for the new CPG instead.
    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!
  • MisterBungleMisterBungle Posts: 2,308 ✭✭✭

    "Hmmmm. Should I buy an Iphone along with the monthly Internet Charges just to be able to use this?"
    -----
    This will also work on an Ipod Touch, which is only
    a one time charge for the device, and no monthy bill, but...

    You'll have to be in a Wi-Fi available area to use it.

    ~


    "America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.

  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Don
    The response hasn't been as positive as anticipated. How about a 30 day discounted signup to promote it and get people to try it? --Jerry
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    I still can't get cell coverage at the Long Beach Show. I stopped attending for that reason.............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>I still can't get cell coverage at the Long Beach Show. I stopped attending for that reason.............MJ >>


    That is a very important point, MJ. There are coin bourses that offer free wifi and others where I cannot get a one bar to make a phone call and everything in between. If you are packing your smartphone, expecting it to be your sole resource for pricing information and find yourself in the latter situation, you are hosed.

    More to the point, at the recent St. Louis show, I was trying to help a friend get some pricing information from the Heritage auction archives for a better date 1870's eagle he was considering. The number of keystrokes and screens required to get the information was annoying, and I eventually aborted the effort. Had I the CoinFacts app, we would have been in great shape. Similarly, I was looking for pop and pricing info on a later date eagle and trying to surf through the screen of CoinFacts, and it was frustrating and clunky.

    There are clearly collectors for whom this has no relevance, some who are still operating with 1980's technology, and some who will be negative about just about anything. (If you offer free beer, they will criticize the brand, etc.). There are similarly some dealers who are behind the times. Heck, until I sent the telegraph message to Stack's, in proper Morse code, to prod them, they did not send the pony express rider out with my coins for my recent Baltimore winnings. image

    I think this is an excellent enhancement in the CoinFacts platform, but I probably would have marketed it to the forum differently. Rather than promising the greatest thing since sliced bread, thereby raising expectations in a jaded and cranky chat forum to levels that no matter what the announcement, the reception would be cool (that is, short of giving every member a High Relief Saint). I would have just put it out there and let the accolades roll in. Don was clearly excited about it and proud of it. I know that I cannot wait to give it a spin at the ANA (hopefully with free WiFi). image
  • renomedphysrenomedphys Posts: 3,846 ✭✭✭✭✭


    << <i>Negotiating using mobile coinfacts will be like having a gun in your pocket. >>


    Most folks I negotiate with already have guns in their pockets.

    Wait, wait! "Peace through superior firepower!"
  • STONESTONE Posts: 15,275
    200! image
  • dbcoindbcoin Posts: 2,200 ✭✭


    << <i>Don
    The response hasn't been as positive as anticipated. How about a 30 day discounted signup to promote it and get people to try it? --Jerry >>



    When you are catering to a crowd of 70 something year olds who keep their teeth in a cup at night, what response did you expect?

    Look at Don's Bio. He was the head guy at a multi-billion dollar tech company. I think he knows what he's doing

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