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My 20 years coins collection alone with 3500oz silver bars were stolen.
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<p>[QUOTE="ldhair, post: 7890062, member: 11540"]So lets think about this.</p><p>Cars already have VIN numbers that allow tracking but that will never stop theft.</p><p>We don't even have a small starting point with coins.</p><p><br /></p><p>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. </p><p><br /></p><p>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.</p><p><br /></p><p>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. </p><p><br /></p><p>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".</p><p><br /></p><p>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. </p><p><br /></p><p>Someone should start a new thread only on this topic. How many collectors or dealers want every transaction tracked for the public to see.[/QUOTE]</p><p><br /></p>
[QUOTE="ldhair, post: 7890062, member: 11540"]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.[/QUOTE]
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My 20 years coins collection alone with 3500oz silver bars were stolen.
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