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<p>[QUOTE="TypeCoin971793, post: 3962742, member: 78244"]I’d bet the premise is that the chip will have a code that will be picked up by the phone, parsed through the PCGS app, then sent to the PCGS server to confirm the code.</p><p><br /></p><p>Since PCGS slabs are manufactured in China, the chips would instantly be copied. A chip from a genuine slab can be hacked for its code, and the app can be hacked to gain access to the database of coin-chip code pairs. And then we are right back to where we started.</p><p><br /></p><p>The absolute best anti-counterfeiting option is to raise grading fees by $2.50 or so and have a TrueView of every single coin. (TrueViews cost $5.) The QR codes on the slabs instantly direct the user to the slab’s verification page. This would not help for MS/PF-69/70 moderns though, and the PCGS sweat shop might be slowed down a bit.</p><p><br /></p><p>Counterfeit slabs have been a problem since 2007 and PCGS has never done anything to address the issue until now. At least NGC has been posting pictures (albeit underlit) of each coin they certify. NGC also taken steps to prevent data mining of their servers, whereas PCGS hasn’t, nor has Heritage.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3962742, member: 78244"]I’d bet the premise is that the chip will have a code that will be picked up by the phone, parsed through the PCGS app, then sent to the PCGS server to confirm the code. Since PCGS slabs are manufactured in China, the chips would instantly be copied. A chip from a genuine slab can be hacked for its code, and the app can be hacked to gain access to the database of coin-chip code pairs. And then we are right back to where we started. The absolute best anti-counterfeiting option is to raise grading fees by $2.50 or so and have a TrueView of every single coin. (TrueViews cost $5.) The QR codes on the slabs instantly direct the user to the slab’s verification page. This would not help for MS/PF-69/70 moderns though, and the PCGS sweat shop might be slowed down a bit. Counterfeit slabs have been a problem since 2007 and PCGS has never done anything to address the issue until now. At least NGC has been posting pictures (albeit underlit) of each coin they certify. NGC also taken steps to prevent data mining of their servers, whereas PCGS hasn’t, nor has Heritage.[/QUOTE]
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