It’s important to be in sync with the Proxibid technology to showcase your photos, hone your lot descriptions, and highlight your consignments for top bids on the leading portal! In the latest installment, Proxiblog laments and compliments best and bad auctioneer lot descriptions during the past week. We will name the best, but you will have to search Proxibid for the bad. (Click pictures to expand and view lot descriptions below.)
> One Big Booyah to GWS Auctions for noting that the slab of this coin may have been tampered with. We know unscrupulous persons routinely open, extract and replace coins without breaking holders and even re-glue so that evidence is concealed. But it is not always easy to tell. Sometimes people try to crack open coins for resubmission and decide against that halfway through the process. Brigitte Kruse alerts the bidding audience that the slab has damage, advising to bid accordingly.
One Big Booyah to BidAlot Coin Auction for noting that this coin is holdered by a bottom-tier slabber, also advising to bid accordingly. We have seen some auctioneers quote MS66 and higher Red Book retail prices for basic silver melt coins.
Boo! to this unnamed auctioneer who hypes one of the bottom-tier slabs, claiming that the common 1900-O Morgan is rare and that this may be a good deal when the buyer is close to being cheated in our estimation. Don’t pretend to know coins when you do this.
Booyah! to Larry Fuller at Silvertowne Auctions for not only exposing the bottom-tier slab but also for giving a truer grade. These hyped slabs give the hobby a bad name; Larry makes it all better.
Boo! to this unnamed auction house for hyping what looks like a $50 Morgan as super-rare and perhaps worth the ridiculous price of $6000 on the flip. We wish Proxibid would create a badge for laughable lot descriptions. But this really isn’t a laughing matter, especially if a bidder is a novice and falls for this untrustworthy hype.
Boo! to this auctioneer who showcases a 1922 No D cent whose reverse has three types–two cheap, one rare. When are auction houses on Proxibid ever going to learn that we need photos of obverse and reverse?
Boo! to this unnamed auction house for failing to show the reverse of purported California gold, without which we cannot discern genuine from replica with a price difference in the hundreds!
Boo! YET AGAIN to another unnamed auction house for failing to show the reverse of purported California gold. It may be gold, and that just might make it a counterfeit, which violates the Proxibid user agreement. For more information about California gold, click here.
One Big Booyah! to Scott Strosnider at Scott Auctions for noting a coin might be buffed and therefore damaged and not worth a high bid. Scott’s known for integrity. This is just one example.
Viewers can point us to other candidates for our “Boos & Booyahs!” series. Just leave a comment but follow our rules–all in good fun as a way to inspire accurate lot descriptions on Proxibid.
Proxiblog is an independent entity with no connection to the auction portal Proxibid. Our intent is to uphold basic numismatic standards as established by the American Numismatic Association and the National Auctioneer Association and to ensure a pleasurable bidding experience not only on Proxibid but also on similar portals such as iCollector and AuctionZip.
If Proxibid intends to be a premier on-line auction site, they are going to have to begin notifying sellers who fail to meet standards Proxibid believes are fair that they will be removed from being allowed to offer auctions via Proxibid.
Thanks, Dick. I have a post this week that explores quality control on eBay. Mixed results. But I agree that auctioneers have got to start paying attention. Several in this post (and many others I didn’t include) would have been taken down on eBay.