As it is always said, fit is king. If you have a good tight bullet and you aren't blasting magnum pressures, you can get away with shooting it without a gas check. And yes, powder coating helps a little, because it makes the bullet a little bigger and provides a little more seal, but keep in mind..... powder coating is only a thousandth of a inch of melted polyester (plastic) coating the bullet. It isn't going to prevent it from stripping the rifling if you blast it too hard and it won't keep the gas behind it like a gas check if you put enough oomph back there to blow by it. It's great stuff, but it's very very thin and the actual purpose of it is to make the bullet really slippery so that you won't need lube, and so I would use gas checks if you have em. I do gas check my PC bullets that are a gas check design, some before coating and some after, depending on the shank size and when the check fits the best.
Powder coating will allow you to use softer bullets than you could normally use, but it's mostly because it helps provide a little more diameter and a little tighter fit in the barrel. It won't replace a gas check for controlling gas that really wants to be in front of the bullet.
Good luck and happy shooting!!