new VIDEO grading company

[Daniel]

I know what I know is fact and what Earle said here is fact as well. I know we're steering off topic but AI grading more consistent than human graders and once a coin is mapped and graded it will never get another grade on resubmission. I've worked with the software firsthand and I know better. I just don't have the funds to get it out there and finished.

[Paul]

D, were you setting this up only for silver dollars?

[Daniel]

Morgan Dollars first, but will be all coin series.

[Mrweaseluv]

I think you hit the nail on the head there Earle42.. In the end it's all about the "profits" :D

[CaptJohn2]

I have no problem with AI grading (if it is ever perfected). But to have it available for any coin will be a monumental task. And it will never be better than being able to inspect the coin in person. I really like the dynamic videos from Scott. I feel comfortable making offers or paying full price for what I see in those videos. I don't care what the sticker says on the slab - I can decide what to pay (and how I grade it) based on what I see.

Scott recently sent me an email with some very interesting points. Here is one I strongly agree with:

"In the electronic marketplace collectors are given no more than (often poor or intentionally “juiced up”) static images to make a decision from. (Note: The laws of physics render it absolutely impossible for even the finest static image to accurately represent any dynamic entity, period! A static image is only one light angle.) Have you noticed that often images of the same coin in the same ad will look completely different? The collector is left to “guess” what the coin actually looks like. Then the collector has to pay for the coin in advance, often pay a “buyer’s premium”, wait for days to obtain the coin to see the true color and luster and to put the coin under a loupe for final inspection. If unsatisfied with the coin often the collector has to incur cost and always has to invest time to return the coin and then wait for a refund. In many instances the collector is stuck with the coin."

[EScottCoins]

Daniel (and others that may care):

This is E.J. from EScottCoins.com and Accurate View Video™. I'm a big fan of everyone having and voicing their own opinion and I respect and support any passion and/or education based opinion anyone has. However there are some points of fact here that are simply wrong. Hopefully I'll be allowed to voice my opinion, correct some incorrect statements and point out some unarguable tangible facts.

First and fundamental is we're not and nor are we trying to be a video grading company. Our Accurate View Video™ has absolutely nothing to do with or intent to be for technical grading. Nowhere on planet earth will you find us even hinting at any such intent or claim. It was invented, developed, perfected and manufactured for one reason and one reason alone: To bring GUARANTEED accurate electronic representation of numismatics (and endless other tangibilities) to the electronic marketplace. Collectors and consumers deserve this information.

Second, I'd like to comment that your static imagery is very nice. You do a great job! I take nothing from what you produce. Respect to you for the quality of your imagery. This is, of course, assuming the images are true to the look of the coins...which, of course, nobody can know until they have the coin in their hand to compare to the image. Simple fact.

Also, it appears that this site may be yours. If so, great job. I know how much work such a project can be. Again, respect for your accomplishment.

That said, the laws of physics render it absolutely impossible for any static image to accurately represent any dynamic entity, period. "If" collectors acquired a coin, sat it on a table and stared at it then static imagery would be accurate. But they don't. The very first thing any collector does with a coin is roll it around in the light. Any static image shows any entity in one single refraction angle of light. 100% of all coins imaged via static imagery, regardless of resolution, have hidden details. It's physics and no matter how much anyone wants to they can't change that. They can be in denial, but they can't change it. I too can easily generate 200X magnified macro images at 40MP and edit the crap out of them, as can anyone with $1K to spend and two hours to educate themselves....it's still only at one refraction angle. It doesn't change, in the least bit, what's hidden in the infinite amount of other available light angles.

Our standard Accurate View Video™ is shot at around 500 frames per second. This means a 7 second video of the coin is equal to 3500 different static images with 3500 different light refraction angles. Watch any Accurate View Video™. Start and stop the video (every time you stop the video what you see is a static image) and watch how much detail on the coin appears, disappears, gets bold, gets opaque, gets colorful, gets dull, etc. Static imagery can be any one of those 3500 images....but only one. Plain hard fact. Dynamic imagery will obsolete static imagery in the electronic marketplace. It's not if, it's just when. And "when" is when collectors start demanding fully disclosing accurate electronic representation of the merchandise they're paying (in advance) for.

Our Accurate View Video™ is dead accurate on 100% of all coins 100% of the time. We don't expect anyone to just take our word for it. That's why we put our money where our mouth is. We offer all our members a free in hand demonstration. We create an Accurate View Video™ of a coin and send that member the coin and Accurate View Video™ free of charge. This way they can hold the coin, view the Accurate View Video™ and see first hand that the Accurate View Video™ is an exact and fully revealing representation of the coin.

Lastly, as far as it being "all about profit" that's simply untrue. There are still a few in this world driven by passion. We developed and invested all we have in this because it's good for the most important facet of the numismatic hobby and business, the collectors! That said, there's nothing wrong with profit when it's fair and earned and everyone wins!

Respectfully,

E. J. Scott

[Paul]

SEE

[Daniel]

I am glad you came here to clarify a little. I think it got confused when it was labeled "grading video". I think it's a great idea just to display coins for accuracy. I like the video idea, I use it as well, just not on my website yet.
However, I should not speak since I would rather look at a huge hi-res image and scroll around it like I can on google earth. This titling of the coin would be something I would need to get use to. I handle coins all the time, but it looks different to me. I really can't explain it. I think it would need to be improved to come close to having the coin in hand.
However, I admire any attempt at honesty and I digress a bit on my previous stance on this. I am also not against making money in this business, it's how I make a living, but that just can't be all it's about. I think that is what Earle was eluding to.
No one here is accusing you of that, the grading companies got dragged in and all of it became muddled.

[Earle42]

@Escottcoins:
First - thanks for the clarification and from the start I liked what I saw.

However: 2nd

Lastly, as far as it being "all about profit" that's simply untrue.

I made that statement in the context of PCGS, I am now wishing I was more specific and put a note it was not aimed at you.

When re-entering the hobby seriously in 2011, I started researching PCGS and extant (legit) grading companies to find where they had evolved to since their inception (which I remember). The more I read of their own information, the more unsettled I have become. As a response I studied and compiled the essay in my signature. If you have time to look it over, you will see (and this is only one area I have written up) why my statement about them was its all about the money. There is proof from their own data/pics from their website of terrible inconsistencies on a rookie level of numismatics that have cost unsuspecting (read put blind faith in the company's claimed level of expertise) and loyal followers of their literally thousand of dollars.

This ongoing research has also led me to appreciate things like Daniels AI system and also your website and info there. You ARE putting your money where your mouth is.

[Funky Strike]

I was posting a coin tonight on eBay and I got the following box that popped up on the listing page

I didn't have any videos available to try tonight - but I'll try tomorrow and let you know how it went - or if it's any good

If the posting option is available - having a nice video made of a coin could really help it sell!

Michael - The Funkmeister