The CP16 Coin Analyzer™ scans each coin, finding the unique characteristics of that coin and storing them in a CoinPrint™ ID file similar to a fingerprint file.  An individualized serial number is added to this identification record.

This CoinPrint™ is stored in a central database, enabling future identification of the coin by its own unique characteristics.   Once identified, the linked serial number and image files may be retrieved.  

This affords new market opportunities:  

• Creating ownership records
• Reducing insurance premiums
• Providing counterfeit &  fraud protection
• Advanced quality control information
• Added value by creating serialized coins

Coins become more like numbered lithographs, which directly carry their serial number within the art itself.  The coins can be scanned and have the serial numbers verified at time of purchase or sale with distributed units at coin dealers and elsewhere.  This is a great improvement over current practices, such as adding a small paper certificate which is not secure and can easily be separated, lost or fraudulently duplicated.

Additionally, the system produces a digital image of the coin at the time of scanning.  This digital image is also stored in the database along with the CoinPrintTM, adding extra system value and secondary identification.  The imaging system has a computerized illumination component, consisting of a ring of 48 LEDs, each individually controlled.  This allows a custom illumination pattern to be optimized for each coin and stored in the system for use whenever the same type of coin is scanned.

• The ability to digitally fingerprint each coin and store the identity in a central database that can be remotely searched on a one-to-many basis offers a powerful tool to help reduce fraud, theft and loss on a worldwide basis
• The speed of the one-to-many search algorithm allows thousands of comparisons a second, far beyond any current method of cataloging collectable coins
• The registration of gold and silver bullion coins can provide a safeguard worthy of reductions in insurance premiums for holding precious metals
• A historic pedigree of each registered coin can be created allowing ownership records of key coins to be traced for future generations of collectors