Featured My 20 years coins collection alone with 3500oz silver bars were stolen.

Actually, the https to PORT 8080 really sucks in this case because the certificate is self signed. Now there is nothing wrong with that. In fact, it is likely more secure, at least the cryoptography, than certificates signed by an outside agency which is inherently not secure, but it causes a HUGE warning from Firefox et al. The general failure to understand technology is really hurting people.

If you are not transmitting senistive data, you don't need the cryptography.

In this case, you are filling out a form so MAYBE you want to use cryptography, but without any financial information being transacted... I doubt there is a need for cryptography, and certainly not more than a self-signed certificate.

 

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I'm not a root cause kind of guys. They tend to be snowflakes. I am a concrete behavioral outcome sort of fellow. And I know that if you stop the illegal trade of coins in the market place, that people wil stop stealing them because this is a proven method of crime prevention.

 

Correct. The law just creates a safe harbor for Pawnshops.

 

A) With current software you probably can, but that is not really needed. Certainly all graded coins and coins of a value over $500 is completely possible, NOW and TODAY. All it takes is a hand scanner, and most cellphone cameras can do it.

B) It is stupid not to, and we are encouraging fraud and theft.

 

The NY Times, which is who quoted about crime in NYC, was accurate. Try to read the articles before disparaging them. By closing the chop shops, and implementing technolgy, autotheft was stopped.

The same can be done in the coin market.

 

So lets think about this.
Cars already have VIN numbers that allow tracking but that will never stop theft.
We don't even have a small starting point with coins.

Every collector would have to scan and register every coin. I would have to have a scanner and go to the SDBs at the bank. Collectors are not going to do that. Every dealer and auction house would have to do the same and they would not do that. Not enough hours in the day for anyone to agree to take the time.

Lets say a collector and or dealer wish to sell or trade a coin. Oh wait, I can't sell you the coin because it's not scanned or registered. Darn, I really wanted that coin.

Collector or dealer want a coin graded. TPG says sorry we can't grade your coin without knowing the coins history. But it's been too long and I'm not sure I still have that information. I guess I'm stuck with the coin for life and my family can never sell it.

Dealer gives out my information and the bad guys come at me. I'm going to be really ticked at that dealer and have a talk with him for putting me and my family at risk. Dealers don't do that for good reason, "SECURITY".

I can just see the bad guys sitting around and looking at all the information in a system like this. Oh, look at all the coins this guy has or sells. Lets go see him in the middle of the night.

Someone should start a new thread only on this topic. How many collectors or dealers want every transaction tracked for the public to see.

 

They effectively do now when they do the grading. There is not much time involved. In fact, that is one of the things that ticks you off about this, is that most of these process and already in place. They already track the coins. The do it all the time. They can tell you when a coin shows up in the auction houses for sale and post the results on their websites. When it is in their interest, they are very good at this.

As for there not being time, pish posh. There is just not a commitment to keep stolen goods off the coin market.

It takes less than a few seconds to do an AI readable scan a coin for identification. Get with it. This is 2021, not 1990. We do facial recognition now as you cross the street, even when you are trying to hide.

Additionally, PCGS already has the Shield program. That just needs an expansion. It is just a BS excuse so people can continue to engage in illegal trade.

You just made up that fake scenario out of your head. We have faced this problem for generations of pegree of artifacts for generations and nobody in 200 years had this problem you described.... EVER. Vermeer's Girl with a Pearl Earring was purchased by Arnoldus Andries des Tombe after being found in a garage sale and lost for 3 centuries, but that didn't stop it from entering the Maurithuise after it was purchased.

What it DOES mean is that once the coin is entered into the system, that you can't just crack it out and FAKE that you brought it 30 years ago from an unknown dealer in Bogota, Columbia because we will KNOW it was last owned by a plumber in Long Beach 3 months ago.


Here is how it would work. You go sell the coins and you say, "Oh, I forget who I brought this from 20 years ago". OK - according to the record this coin was purchased and graded by your grandfather in 2021 and submited to grading. How did you get it from your grandfather? He put a lock on transactions with this coin. We need to contact him to see if he approved this sale.

That is protecting the market from stolen coins. And yes, you will not be able to sell a stolen coin, or even crack it out of its case and resell it raw to a legitimate coin dealers without exposing yourself to criminal prosecution, even if it changes hands two or three more times illegally. Eventually it will pop up.

And old people aren't stupid, you know. They don't forget where they acquired a coin, even after decades. You do watch Antiques Roadshow on occasion and understand how people come with the pedigree of items intact.

Your entire response is a poor excuse for continuing to allow stolen coins to be sold on the market. It is not only supporting illegal trade, but it shows a complete blind spot in ethics.

Try this for starters... DON'T TRADE in stolen goods... ever.

 

NONSENSE. That is just an excuse to trade in stolen goods.

Every credit card and bank transaction knows what you buy and to whom.... excactly. I know that you only deal in cash, but that is you.

Keeping track of real pedigree and tracking coins in the market INCREASES SECURITY, not decreases it, every time and without exception.

 

Sorry to hear about the coins/bullion i'm certain your pain inside is as deep as if a loved one was taken away I know for me it would be.. one reason my hobby is very secret to those close to me and anyone they might talk to(gossip with). while another reason I have everything shipped to a UPS store as I do not know the morals of any online seller and if they have a connection to someone living near me.

I hope you catch a break and the people get cought while it's very possible everything is long gone it's also possible someone local bought it all and is sitting on it. keep watching socal media for clues it's possible someone might try to flash it all to impress others online while giving you the break you need.

 

So now you are saying I trade in stolen goods. You best back that up or edit your post. Don't come at me with that type of crap.

 

Wrong

 

to beat a crook you must think like them, yes kids i said think like a crook, tech, safe and such will not work too easy to counter, but thinking like them you get an idea of what they see, what they would do in this situation and so on

been using this idea for over 30 yrs and it's worked

 

Bottom line is this Sucks. Has anything turned up.?

 

Nothing yet , maybe that's it . Not much hope on follow up police investigations.

 

So Sorry.

 

It ok ,

 

Trust me You can always count on the NY times to be 100% truthful.
If you believe me then you are only a fool.

Wake up CPL!

Crime rates have skyrocketed in NY and across the US over the past few years.
Bad policy's = Bad crime rates.
Thats like the video we all saw last summer. This is mostly peaceful.
When folks are rioting and business's are on fire in the back ground. LOL

 

Definitely no ammo in the vault. I read about that on a different thread - but I'll always take reminders

 

Not to derail the thread further, but you couldn't be more wrong here. With HTTP, anyone along the network path can see your request, including anything you filled in on a form, and the server's response. With HTTPS, it's a very great deal harder.