Earlier this year I wrote an investigative analysis titled “The Volatile State of Online Estate Auctions,” noting how tardy technological upgrades in addition to fees from auction portals and credit card companies—often combined with building rent and/or upkeep of onsite facilities—continued to push buyer premiums ever higher. Shipping has always been an issue with auction houses. […]
A Game of Coins
The following is a reblog of a post by regular contributor Kendall Bailey (author of TheCoinBlog), who has kindly agreed to share this article with the readers of Coin Update. Why are there no numismatic games? I mean, aside from flipping a coin, a total classic by the way, there just aren’t any good games […]
The Volatile State of Online Estate Auctions
This is part 1 of a two-part post. Click here for part 2. For the past seven years I have bought and sold coins almost exclusively via the Internet, preferring estate auctions on Proxibid over other venues. I even created a blog, no longer active, called Proxiblog.org, to monitor the company. I still prefer Proxibid […]
Computerized Coin Grading: “The Machine” Goes Mining
The following is a re-post of a December 8 piece on TheCoinBlog.net. Author Kendall Bailey kindly consented to our using it here, for followers of his “Computerized Grading“ series. It has been slightly edited to conform to Coin Update’s house style. What Is Coin Mining? Google “coin mining” and you’re going to see page after page of […]
Blockchain Technology Allows Digital Investment in Precious Metals
This morning there was a post on LinkedIn that caught my eye. It was a piece from the Telegraph that talked about how the Royal Mint is going to begin offering gold trading using blockchain technology. If you’re asking yourself what “blockchain” means, I’m sure you’re not alone. I knew the term was somehow related to cryptocurrency, but that […]
Computerized Coin Grading: Postscript on “The Machine”
Bringing #innovation to the #numismatic industry. We’ll be revealing more on some other things we’re up to. #growthhacking away! Questions? pic.twitter.com/gN0tPTbvtn — Tim Rathjen (@SandCTim) November 23, 2016 The following is a re-post of a November 27 piece on TheCoinBlog.net. Author Kendall Bailey kindly consented to our using it here, for followers of his “Computerized […]
Computerized Grading, Part 3: What a Startup Might Look Like
So far, we have covered why an impartial and automated grading option would be beneficial and how the machine itself could possibly function. Unfortunately, I do not foresee any of the current major grading companies working to develop this level of technology. It would be irresponsible of them to try. Building a computer that can […]
Computerized Grading, Introduction: Whoever Figures Out Computerized Grading Will Be the Steve Jobs of Numismatics
Introduction to a three-part series, “Computerized Grading.” Part 1 covers “The Puzzle of Subjectivity.” Part 2 asks, “Can We Teach a Computer to See?”. Part 3 looks at “What a Startup Might Look Like.” Is the numismatic world ready for computerized grading? For the past three decades we’ve relied on the opinions of others to […]
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