CoinSnap is a mobile application marketed as a tool for identifying coins by picture, determining their value, and managing collections.
Here’s a summary of its reported features and user experiences:
- Coin Identification: Users can snap a picture of a coin, and the app uses AI to attempt to identify it from its database.
- Collection Management: The app allows users to record and organize their coin collections.
- Value Estimation & Grading: CoinSnap claims to provide market values and grade estimates for coins.
- Accuracy Issues: Multiple sources suggest that while CoinSnap can identify common coins fairly well, its accuracy decreases significantly with older, rarer, or worn coins. Some users report getting different IDs or grading estimations for the same coin depending on lighting or angle. One test found CoinSnap accurately identified 14 out of 15 coins, but struggled with ancient coins.
- Unreliable Valuations: Several users and reviews caution that the valuations provided by CoinSnap are not always accurate and should not be solely relied upon. Users suggest verifying valuations using resources like the PCGS website, eBay sold listings, or consulting with a local coin dealer.
- Subscription Model & Ads: While a basic free version is available, it is reportedly very limited and the app aggressively pushes users to upgrade to premium subscriptions for full functionality. The free version also reportedly features a constant barrage of ads.
- Limited Historical Data: CoinSnap is criticized for its lack of detailed historical and cultural context for coins, a feature many serious collectors desire.
- Poor Performance with Non-US Coins: Some users report the app’s database and identification capabilities are less effective for coins outside of North America.
- Difficulty Cancelling Subscriptions: Users have reported issues cancelling free trial subscriptions, suggesting a potentially misleading or difficult cancellation process.
In summary: CoinSnap is a readily available app for coin identification and collection management, particularly for beginners with common coins. However, for serious collectors needing reliable valuations, detailed historical context, or a frustration-free experience, other apps like [Coin ID Scanner] are suggested as potentially better alternatives.
Is there a better app than CoinSnap?
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