CoinLink is always on the lookout for new sites related to numismatics, and especially ones that have the potencial to offer valuable new information to the collecting community. A recent article in the NGC Newsletter caught our eye. They profiled  Coin Society,  a new site which  just released an open beta at www.coinsociety.com.

Coin Society’s initial goal is to provide a transparent US Coin Price Guide built using an artificial intelligence engine framework that reads online coin transactions and classifies those transactions based on the standard catalog of  US coins.

Coin Society’s price guide is based on the final value of the last verifiable online transaction of any US coin by grading company and grade. Coin Society does not average prices or apply any algorithms to determine market price. Like the stock market, Coin Society’s prices are based solely on the last recorded transaction.

To find out a bit more about the site we contacted the founder David Simon, and asked him a few questions about himself, the web site and his goals:

Tell us a little about yourself, what you do for a living, etc.?

I’m the managing director of New London Associates www.nla.com, a software development firm in NYC. NLA works primarily in the financial services sector. I’m originally from Ohio and have lived in NYC for over 15 years. Married with a two year old daughter and another presently on the way.

I’m also the non-exec Chairman of SearchForce, Inc. http://www.searchforce.com which is a Search Engine Marketing management platform based in San Mateo, CA.

Prior to that, I was CTO of the Measurable Results group at JPMorganChase and was responsible for performance management across retail technology at the bank.

What is your numismatic background?

I’ve been deeply interested in the collectibles space for about 15 years and have been avidly collecting coins, sports cards and comic books for over 25 years. I started collecting coins when I was pretty young, my dad and grandfather got me into it, and by the time I was 19, I was buying NGC certified coins from Tom Noe at Vintage Coins around 1990. Over the years I’ve accumulated a pretty substantial coin collection.
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