CoinSnap (sometimes referred to as Coin Snap, Snap Coin App, or Coin Snap App) is a mobile application that uses image recognition technology to help users identify and potentially value their coins.
Here’s how it generally works:
- Snap a Picture: You take a photo of the coin (front and back) using your phone’s camera.
- AI Identification: The app’s AI system then analyzes the image and matches it against its database to identify the coin.
- Information and Potential Valuation: Once identified, the app provides details about the coin, such as its name, origin, year of issue, mint count, rarity levels, and price estimates. Some users report that the app also provides grading information and estimates for potential value.
- Collection Management: Users can add the scanned coins to a personalized collection within the app, helping them organize and track their coin collections.
- Fast and accurate coin recognition.
- Identification of rare, foreign, and error coins.
- Coin grading through photos.
- Real-time price tracking and value estimates.
- Detailed coin information, including history and market value.
- Collection management with personalized folders and total value tracking.
- Free vs. Paid: While the app has a free version, many essential features, like detailed valuations, are often behind a paywall (subscriptions or one-time purchases).
- Accuracy Concerns: Some users and reviews suggest that the app’s accuracy can be inconsistent, particularly with older, worn, or less common coins. Accuracy of grading and valuation has also been questioned.
- Valuation Reliability: CoinSnap’s valuations are not considered official or professional and may not always reflect true market value, [according to this Facebook post] . Many collectors recommend consulting official sources or reputable dealers for accurate coin valuations.
- Ads and Marketing: The app has been criticized for frequent ads and aggressive upselling tactics, especially during the “free” trial period.
- Subscription Issues: Some users have reported difficulties cancelling trial subscriptions or unwanted recurring charges, [notes this Apple Discussions thread].
It is important to be aware of these potential drawbacks and consider alternative options before relying solely on CoinSnap for coin identification or valuation.
What is the free app that scans coins for value?
The Coinoscope mobile app makes coin identification and valuation easy – just snap a picture of a coin with your phone camera and the app will show you a list of similar coins. It is fast and accurate.
Is the coin app real money?
COIN is a geomining app that will let you collect digital coins which you can use to redeem actual rewards. And yes, it is indeed a legit app since it will really do what it claims to do, which is to let you earn passively by just using their app.