Avoid Retractions by Double Checking Lots

We learned the hard way when we first starting bidding three years ago that not all lot descriptions are what they claim. Sometimes the title and lot description do not jive. Sometimes the designation on the holder is erroneous. In any case, you need to verify what you are bidding on by checking the photo against the lot title and description. If you do, you’ll avoid retractions and bad bids.

Here are just a few examples of recent lots that needed to be double-checked. (Click to expand photos.)

misidentified

The above coin is a common 1880-S, misidentified in the title as a rare 1884-S.


mislabeled

The above coin is a common 1884-O, misidentified again in the description as a rare 1884-S.


ms62_morgan

The above coin is a mint state 62, not MS65, coin, misidentified in the title, but bidding continues as if a gem coin.


You can use the “Report this Item” link next to the lot to correct an erroneous lot description in the holder, title and/or description. Most auctioneers will be happy you did because you will have saved them trouble with an unhappy, hasty bidder.

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.

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