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Coin Grading Giant Partners with Positronic to Develop Machine Learning Tool
PCGS Launches AI-Powered Coin Grading Technology to Better Value Collectible Coins
PCGS graders have long been considered the best in the business - setting the bar for finding counterfeits and consistently grading coins with accuracy. Since 1986, they have graded more than 37 million coins. As they looked to serve their customers with a higher degree of accuracy and a quicker turnaround on coin grades, their team knew that upgraded machine learning technology and artificial intelligence would be key.
In partnering with Positronic, PCGS has been able to decrease the amount of time it takes to grade coins while increasing accuracy of their grading. The new system Their new system benefits from artificial intelligence and machine learning, allowing coin graders to quickly determine coin authenticity by checking coins against their vast proprietary imaging database.
"We have been testing and refining the system for over two years and will continue to do so for the foreseeable future. It will become a crucial component of our fight against counterfeiting, " shared Don Willis, President of PCGS
John Nelson, PCGS' Chief Technology Officer, shared: "With coins going through PCGS Gold Shield, our system is even more intelligent, and faster than before. It speeds the grading and authentication process."
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