Message:

<p>[QUOTE=&quot;calcol, post: 2472495, member: 77639&quot;]I don&#039;t know that only coins submitted under the Secure service get scanned.&nbsp; If you pay the $5, you can be sure that it does get scanned.&nbsp; If you don&#039;t pay the $5, it may be scanned anyway.&nbsp; For one thing, PCGS has advertised Secure service as a means of recovering stolen coins even if not resubmitted in the original holder.&nbsp; The only way that will work is if all coins of particular type, date, mint, etc. of a reported stolen coin are scanned as they come in.&nbsp; The scanning is probably quite automated and costs them a lot less than $5 to do.</p><p><br /></p><p>Scanning all coins above a certain value would be to their benefit.&nbsp; Not only will stolen coins be spotted, but certain types of coin doctoring can be detected with it.&nbsp; In addition, they can detect coins sent in for multiple regrades, their pop reports will be more accurate, they can spot coins that have crossed to another service but have now come back to them, etc. They can build a transit database of coins, which is a record of the travels of coins among submitters.&nbsp; Such a database could have all sorts of uses, including targeted advertising, keeping track of grading activities of competitors, and helping law enforcement in certain types of fraud and theft cases. </p><p><br /></p><p>So why pay the $5 for Secure service when submitting coins?&nbsp; Well, it guarantees that it will be scanned.&nbsp; Say you have a PCGS-graded coin stolen and haven&#039;t paid to have it scanned.&nbsp; If you ask them to be on the look-out for it coming back, they&#039;ll probably decline even if they have a scan of it in their database.&nbsp; The most they would do is snare it if it comes back in the original holder.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in