Sometimes a coin picture is worth 1000 words, if you know the certification number and how to verify what the lot description states on Proxibid. We see so many of these problems on Proxibid that we will continue to remind our viewers how to check value before placing a bid. Otherwise, bidders can lose hundreds of dollars and auctioneers, return customers.(Click photo to expand.)
METHOD:
- Expand slab to view certification number.
- If PCGS, go here. If NGC, go here.
- Compare the auctioneer’s value with the retail value of the coin.
- If grossly overstated, use the “report this item” link on Proxibid to let the company know what you found.
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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