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Possible solution to the fake slab problem
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<p>[QUOTE="gocamels, post: 380512, member: 14934"]Is there really any reason to record sales? Your idea would work just fine if each grading service would do the following (they already do most of this):</p><p><br /></p><p>1. Give each coin a unique Serial Number that will never be reused by that company.</p><p><br /></p><p>2. Record the Serial Number, Series, Date, Mint Mark, Grade, and any distinguishing details of the coin.</p><p><br /></p><p>3. Store this information, along with a photograph of the obverse and reverse of the coin in a permanent database.</p><p><br /></p><p>4. Make this database available on some level - to registered dealers, create a subscription service, offer to authenticate the coin for a nominal fee, etc.</p><p><br /></p><p>That would make it relatively easy to guarantee that the coin you just bought is the same coin PCGS, etc actually put in the slab. No record of sales is needed.[/QUOTE]</p><p><br /></p>
[QUOTE="gocamels, post: 380512, member: 14934"]Is there really any reason to record sales? Your idea would work just fine if each grading service would do the following (they already do most of this): 1. Give each coin a unique Serial Number that will never be reused by that company. 2. Record the Serial Number, Series, Date, Mint Mark, Grade, and any distinguishing details of the coin. 3. Store this information, along with a photograph of the obverse and reverse of the coin in a permanent database. 4. Make this database available on some level - to registered dealers, create a subscription service, offer to authenticate the coin for a nominal fee, etc. That would make it relatively easy to guarantee that the coin you just bought is the same coin PCGS, etc actually put in the slab. No record of sales is needed.[/QUOTE]
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