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<p>[QUOTE=&quot;lordmarcovan, post: 26071054, member: 10461&quot;]<a href="https://www.cointalk.com/threads/is-coinsnap-wrong.416304/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/is-coinsnap-wrong.416304/">From a thread posted yesterday</a>.</p><p><br /></p><p>Coinsnap identified a metal slug (a knockout disc from an electrical junction box) as an 1803 Netherlands East Indies 8-stuivers piece. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" /></p><p><br /></p><p>And &quot;appraised&quot; it for $50-100.</p><p><br /></p><p>Despite the piece of junk metal being entirely featureless.&nbsp; Makes me wonder what the app might&#039;ve said about a washer.&nbsp; Or an Oreo cookie. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p><img src="https://www.cointalk.com/attachments/screenshot_20250211_230029_coinsnap-jpg.1660230/" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="https://www.cointalk.com/attachments/screenshot_20250211_225607_coinsnap-jpg.1660229/" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>Somebody needs to warn the uninitiated not to trust these apps.</p><p><br /></p><p>I recently saw an ad for one, which showed someone using their app to scan a circulated 1967 quarter, which was well worn- perhaps Fine to VF.&nbsp; A piece of face-value pocket change, in other words.&nbsp; Not even a <i>nice</i> example.&nbsp; The demo showed the app appraising that coin for something like $400, and then it showed the user clicking a &quot;sell&quot; button, and then presto!&nbsp; A little checkmark appeared, as the app instantly reported it sold!&nbsp; All complete rubbish.&nbsp; <i>And that was in the demo they used to advertise the app!</i></p><p><br /></p><p>That ad went beyond ridiculousness and well into outright lies-and-fraud territory, if you ask me.&nbsp; Now, I don&#039;t remember which app I saw the ad for, or if that one was the same Coinsnap app that&#039;s mentioned in the example linked above (I don&#039;t think so)- but so far all of the demos of these apps that I&#039;ve seen have been ridiculous.&nbsp; And the real-life example above only bears that out.</p><p><br /></p><p>Now, I&#039;m sure this AI stuff will have some useful numismatic research applications in the future.&nbsp; (And maybe it does already, in certain other areas.)</p><p><br /></p><p>But I&#039;m equally certain that it&#039;s not even <i>remotely</i> close to being there yet.</p><p><br /></p><p>Talk about half-baked technology!&nbsp; Sheesh. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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