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<p>[QUOTE="IdesOfMarch01, post: 2341738, member: 39084"]I agree 100% with your observations, and would suggest a change to the business model of this site:</p><p><br /></p><p><b>A collector must sign up to use the site, but submissions are free. If the submitted coin gets a hit, the collector is notified along with the amount that would be charged to purchase the resulting provenance. The collector can accept or decline the offer.</b></p><p><br /></p><p>Of course, this approach will increase the number of submissions geometrically -- tenfold, probably. Ex-Numis might object since their search engine will be performing lots of searches that either (a) produce no result, or (b) produce a result for which the collector declines to pay. But I think this would be a specious reason NOT to try this business model, since lots of submissions, even if Ex-Numis didn't receive payment for them, would actually provide a good, real-world test for both their algorithms and database.</p><p><br /></p><p>I also think that Ex-Numis' current business model will ultimately fail for the reason mentioned by 4to2centBC, namely, it's not really worth $5 per submission to take a chance on finding a provenance if there is a 80%+ probability that the search will fail.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2341738, member: 39084"]I agree 100% with your observations, and would suggest a change to the business model of this site: [B]A collector must sign up to use the site, but submissions are free. If the submitted coin gets a hit, the collector is notified along with the amount that would be charged to purchase the resulting provenance. The collector can accept or decline the offer.[/B] Of course, this approach will increase the number of submissions geometrically -- tenfold, probably. Ex-Numis might object since their search engine will be performing lots of searches that either (a) produce no result, or (b) produce a result for which the collector declines to pay. But I think this would be a specious reason NOT to try this business model, since lots of submissions, even if Ex-Numis didn't receive payment for them, would actually provide a good, real-world test for both their algorithms and database. I also think that Ex-Numis' current business model will ultimately fail for the reason mentioned by 4to2centBC, namely, it's not really worth $5 per submission to take a chance on finding a provenance if there is a 80%+ probability that the search will fail.[/QUOTE]
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