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 Key Date Coin Auction not only for providing one of the best lot descriptions, showing Eddie Caven’s prowess as a numismatist–from VAMS to incredibly sharp photos–but also for his questioning the condition of this rare Carson City coin. He identifies one of the most difficult aspects of grading: cabinet rub. We always bid with confidence at Key Date because of observations like this.
Booyah Auction Orange! for warning his bidders about these bottom-tier slabs that list every worn or cleaned coins as MS66 or MS67. Some Proxibid auctioneers even cite Red Book values for silver-melt or problem coins in hyped holders. Auction Orange doesn’t fall for it, but gains our trust because of the lot description. Nice!
Booyah yet again to Auction Orange! for noting that the coin depicted here probably is a counterfeit. With tens of thousands of counterfeit coins flooding the market from China, some really are difficult to identify. In this case, the auctioneer has spotted something that doesn’t look right. We think it might be the weight or the attempt to make the coin look circulated. In any case, we value once again how the auctioneer gains our trust.
Booyah Weaver Auction! for noting that this coin is a replica. Dave Weaver’s lot descriptions are reliable and appreciated. We caution Proxibid auctioneers to do as Dave has done here and identify these as “replicas,” NOT “tokens.” For more on California fractional gold, click here.
Boo! to this unnamed auction house that cites “full bell lines” in the Proxibid title when the NGC slab doesn’t indicate such. FBL means the bottom lines of the liberty bell on the reverse of Franklin halves are visible and unbroken. The difference between a slab having and not having the designation can be substantial. If you disagree with the designation on the slab, then state why in your lot description.
Booyah Southwest Bullion! for noting what is difficult to see in the digital picture, an alteration of a coin, “tooled,” involving use of a machine to smooth a flaw–a serious possibly fraudulent infraction by some owner in this coin’s long history. Tooling has been done for decades and is difficult to detect, so the consignor probably didn’t even realize this. We’re glad Southwest Bullion did!
Booyah Topless Coins! for noting that this coated 1943 cent is magnetic, meaning it is not copper worth tens of thousands but is steel with copper plate. Nobody got rich on this coin, but we’re richer for Topless doing a magnetic test!
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.