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<p>[QUOTE="GDJMSP, post: 3914598, member: 112"]Now you're talking about a different animal John - a completely new grading system. That's exactly what removing subjectivity would be - a new grading system. And it would apply to circulated coins as well because quality of luster and eye appeal are important grading criteria with them as well. (And yeah I know, quality of luster isn't a grading criteria for all circ coins, but it is for a lot of them. And eye appeal is for all.)</p><p><br /></p><p>Could it be done, could a machine do it ? I dunno, but it would sure be a lot easier with a new, objective only grading system. But I still don't think a machine could do it using just any old pic. I still believe it would be necessary for the machine to do it's own high quality scans. </p><p><br /></p><p>The other problem you'd have with this is that it would put the TPGs out of business. Oh sure, they'd get a lot of business in the beginning. But the supply of coins is finite and all of them would be graded in a rather short period of time. And once graded, they're done, because regrading them would only reproduce the original results. </p><p><br /></p><p>Yeah, the TPGs would still have new moderns that are produced each year. But that would never keep them in business, they'd still have to close the doors. </p><p><br /></p><p>Of course the TPGs know this already - they aint stupid ! Which of course is why they'd never do it. And if they won't do it, what chance is there that the numismatic community would ever accept such a thing ? I'd say virtually none.</p><p><br /></p><p>But let's say it did, let's say everybody jumped up and down with excitement in their eyes and wanted it ! Now you have a program, a machine that can do this - grade coins accurately and reliably, authenticate them as well. Now the question becomes - what company is gonna invest the money to do this ? Knowing full well that in about 2 years, 3 tops, they're gonna be out of business because there won't be any more coins to grade besides new moderns produced every year. And that amount of new submissions - that would support what, 2, maybe 3 employees ? </p><p><br /></p><p>This is the same problem that stops an idea I've been screaming about, preaching about, begging for it to occur for over 20 years ! Namely that the numismatic community - meaning all collectors, all dealers, all TPGs, adopt a universal and static grading system.</p><p><br /></p><p>That could be done today - with the grading system we have. It coulda been done 20 years ago ! But it won't happen because it would put an end to the status quo. It would be truly wonderful for collectors. They'd have all their coins authenticated, and graded reliably and accurately every single time ! Prices, values, would stabilize. Yeah the market would still move up and down some because of reaction to the vagaries of life, but it would be much more stable than it ever has been. </p><p><br /></p><p>But it would be absolutely terrible for dealers and the TPGs. For it would certainly put the TPGs out of business and almost all of the dealers out of business. And that, that's why it doesn't occur.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3914598, member: 112"]Now you're talking about a different animal John - a completely new grading system. That's exactly what removing subjectivity would be - a new grading system. And it would apply to circulated coins as well because quality of luster and eye appeal are important grading criteria with them as well. (And yeah I know, quality of luster isn't a grading criteria for all circ coins, but it is for a lot of them. And eye appeal is for all.) Could it be done, could a machine do it ? I dunno, but it would sure be a lot easier with a new, objective only grading system. But I still don't think a machine could do it using just any old pic. I still believe it would be necessary for the machine to do it's own high quality scans. The other problem you'd have with this is that it would put the TPGs out of business. Oh sure, they'd get a lot of business in the beginning. But the supply of coins is finite and all of them would be graded in a rather short period of time. And once graded, they're done, because regrading them would only reproduce the original results. Yeah, the TPGs would still have new moderns that are produced each year. But that would never keep them in business, they'd still have to close the doors. Of course the TPGs know this already - they aint stupid ! Which of course is why they'd never do it. And if they won't do it, what chance is there that the numismatic community would ever accept such a thing ? I'd say virtually none. But let's say it did, let's say everybody jumped up and down with excitement in their eyes and wanted it ! Now you have a program, a machine that can do this - grade coins accurately and reliably, authenticate them as well. Now the question becomes - what company is gonna invest the money to do this ? Knowing full well that in about 2 years, 3 tops, they're gonna be out of business because there won't be any more coins to grade besides new moderns produced every year. And that amount of new submissions - that would support what, 2, maybe 3 employees ? This is the same problem that stops an idea I've been screaming about, preaching about, begging for it to occur for over 20 years ! Namely that the numismatic community - meaning all collectors, all dealers, all TPGs, adopt a universal and static grading system. That could be done today - with the grading system we have. It coulda been done 20 years ago ! But it won't happen because it would put an end to the status quo. It would be truly wonderful for collectors. They'd have all their coins authenticated, and graded reliably and accurately every single time ! Prices, values, would stabilize. Yeah the market would still move up and down some because of reaction to the vagaries of life, but it would be much more stable than it ever has been. But it would be absolutely terrible for dealers and the TPGs. For it would certainly put the TPGs out of business and almost all of the dealers out of business. And that, that's why it doesn't occur.[/QUOTE]
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Need a collection of photos of Lincoln Cents for a Neural Network
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