Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

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 bad auctioneer lot descriptions and praises the best in recent auctions. (Click pictures to expand and view lot descriptions below.)

basemetal

One Big Booyah to Kaufman Coin Auction for identifying a base metal replica being passed off as a genuine 8 Reale Silver Crown.


competitors are

One Big Boo to his house for proclaiming “We Are Not In the Shipping Business!” News flash: Your competitors are. Consignors do consider these notices to bidders, and the wise auction house realizes that. In the Internet age, service comes first, and that includes shipping.


decatur description
Booyah Decatur Coins! for some of the best numismatic lot descriptions on the portal. Click photo to expand and see how much attention Decatur puts into each lot description, using it as an educational tool. That keeps bidders reading … and bidding!


leonard_details

Booyah Leonard Auction! Top house Leonard Auction not only ranks among the best numismatic graders on the portal but always includes the word “Details” if there is a flaw in the coin, helping buyers bid with confidence.


melt

Boo! to this unnamed auction house valuing a silver melt Morgan worth $22 as being worth $1000. Where is this house pulling down numbers from?


norev

Boo! to this house for noting that the reverse of the coin is toned (but we won’t show it).


polished

Booyah SilverTowne Auction! for always noting when a coin has been polished or damaged.


quality

Booyah McKee Coins! for jam-packing information into a short description, including values and condition and state of devices.



RitMar Exchange_Varieties

Booyah RitMar Exchange! for accurate numismatic descriptions, including varieties. Way to go!


succinct

Booyah Weaver Auction! for more succinct, accurate numismatic descriptions–not to mention good photos and great customer service!


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. Tomorrow we will showcase the best lot descriptions. Stay tuned!

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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Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

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 compliments auctioneer lot descriptions. Yesterday we named the worst in recent auctions. (Click pictures to expand and view lot descriptions below.)

cleaned

One Big Booyah to Jewelry Exchange for consistently noting cleaning on coins, difficult to detect with online photos.


dings

Another Booyah to Rolling M Auction! for noting rim dings on a coin. See this post for more information on identifying dings and bumps.


nobox

Booyah Munda Auctions! for noting on this and several other lots of proof and mint sets that the item did not contain a box. Sets without boxes sell a tad lower than with boxes. That’s why it was important to note.


excel_decatur

Booyah Decatur Coin and Jewelry! for some of the best lot descriptions on the portal. These numismatists know what they are selling and share that information with bidders.


problemcoins

Booyah Capitol Coin Auction! for consistently noting problems on coins, including multiple-item lots like this.


rimbump

Booyah SilverTowne Auctions! for consistently identifying damage, rim dings and bumps, and other issues with lots. Doing so earns repeat business from buyers who come to trust your descriptions.


rimproblems

Booyah Western Auction! for also noting rim dings, bumps and other flaws on coins.


rough edge

Booyah Gary Ryther Auctioneering! for noting issues on currency. Even if the damage is obvious, as on this coin, note it in your lot descriptions for value-added considerations!


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.

New Rankings, New Houses, Almost 38,000 Views!

Competition among top coin-selling houses on Proxibid has been keen even by standards of our 0.5 rating system, meaning that a half point separates one seller from another. Only one scored tops in all categories: quality consignments, detailed descriptions, quick and inexpensive shipping, superior photography, expert grading, low buyer’s premium and other value-added considerations. New coin auctions are coming that promise to make competition keener. Not only is competition growing, our audience is too, approaching 38,000 views.

SilverTowne Auctions operating out of Leipsic, Ohio, in partnership with the famous coin house SilverTowne and Rick Howard’s Rare Coin Gallery, remains atop our list for the second time this year, primarily because of good grading, lightning-fast shipping and excellent consignments. Auctions are well publicized onsite and online and so you won’t be able to steal a coin here; but you can regularly snare top rarities under wholesale. The sheer number of Proxibid auctions and quality of consignments, along with numismatic grading, are keeping SilverTowne on top with a dozen more auctioneers close at its heels.

Ranked ever so close behind at 24.5 each were Capitol Coin Auctions, Western Auction, Leonard Auction, Southwest Bullion and Coin, Gary Ryther Auctioneers, Rolling M Auctions, and Weaver Signature Coin and Currency auctions. Rocketing to the top 10 are two new houses, Tangible Investments and Allen and Marshall Auctioneers.

Back to the Past Collectibles regains a slot on our list, offering more coin auctions with 10% buyer’s fee.

We will be watching other new houses coming online at Proxibid whose reputation in numismatics promises to make competition in this category more competitive. As such, houses that aspire to favorite-seller status (admittedly, only our opinion), should consider:

  1. Lower buyer fees. Anything over 15% still is suspect.
  2. Numismatic lot descriptions. Note flaws and bone up on grading, reading our “Find the Flaw” articles.
  3. Sharp photography. Obverse, reverse and expandable digital shots.
  4. Quick, inexpensive shipping. Some companies take 2-4 weeks to ship. That’s unacceptable. Coins should be sent within 5 business days.
  5. No maximum-bid or shill-bidding. Do that, and you will not qualify for our rankings. Reason? We do not have faith in our maximum bids when we see those transparency notices, no matter the good intentions of auction houses.

Some houses fell in the ranking because of slow shipping; others, problem coins, too few auctions, or other related matter.

What surprises us in these monthly rankings is how little a house has to do to make big gains. A few of our favorite sellers just have to ship faster. Some might lower their buyer’s fees, especially since more eBay-culture sellers are migrating to Proxibid. They’re used to putting the customer first. Proxibid made a big step with the “Report this Item” link. Coupled with Proxiblog, we believe we are upholding numismatic standards.

See this post on a small improvement that Gary Ryther made, elevating his status to one of our favorite sellers.

In our opinion, slow or outsourced shipping, poor photography, inadequate descriptions and high buyer premiums (along with lack of APN), are signs that a house has not yet adapted–or is unwilling to adapt–to the Internet.

Given the convenience of flat-rate shipping with packages picked up at your door, we’re flummoxed when houses take 3-4 weeks to send out coins. If you cannot do basic photography with the type of enhanced, low-cost equipment at your disposal, including smart phones, then you are short-changing yourselves and your consignors. And you simply cannot schedule multiple coin auctions per month and then claim you are not a coin expert.

That said, our rankings are reviews of favorite houses based on our buying and/or selling experience and numismatic expertise. Your experience with our top houses may differ from ours. Our intent is to educate and praise whenever possible–to our own buying detriment, at times! We have seen when we showcase an auction house how bidding becomes more intense, often edging out our own bids.

Good news is that more auction houses are contributing to our scholarship fund. We distribute Proxiblog for free. All we ask is that those who appreciate our efforts make a small contribution to help college students defray debt. You can make the contribution directly online to the Iowa State Foundation.

Our viewership continues to grow. we had more than 4,500 views in the past three months and are approaching 38,000 lifetime views from all over the world.

2ndquarter

The favorite and most accessed page? “Boos and Booyahs.” The all-time most favorite post? “California Gold: Real, Replica and Fake,” which gets on average 50 views per week, indicating once again that auctioneers need to take care before they label those tiny yellow tokens “gold.”

We routinely report counterfeit or misidentified coins using the “Report this Item” link. We continue to applaud Proxibid for using this function.

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.

Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

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.)

bezeled

One Big Booyah! to Leonard Auction for identifying flaws in this bezeled coin (grade and details) in addition to the karat of the bezel.


doesntnotemintmark

One Big Boo! (or several) to this auction house that doesn’t know coins enough to note the mint mark on this and other lots. Bidders steal coins from consignors when this happens.


exjewelry_silvertowne

One Big Booyah! to Dave Nauert at SilverTowne who does his bidders a service by noting this gold coin was once bezeled as jewelry, significantly lowering the value of the lot. Other auctioneers typically do not state or see the jewelry mark. SilverTowne is a top company on our blog in part because of its expert grading.


munda_notes_pinhole

Booyah Munda Auction! for describing pin holes in the currency which, like bezeled coins, descreases value. We bid in Munda Auctions because of its superior grading, as described in this post.


nofsb

Boo! to this auction house that claims full split bands–a device on the reverse–without depicting the reverse. Come on, folks!


nottoned

Boo! to this auction company that doesn’t understand how improperly cleaned coins can retone. Note the dull colors. Toning should be bright and reflective on most copper coins.


nottoned_altered color

Booyah Star Coin and Currency! for noting artificial color on this lot. This is how it’s done, folks!


polished

Booyah BidALot Auction! for noting this coin has been polished, often hard to cipher from online photos.


notinvestment

Boo! to this auction company for continuing to state as “investment” horrible silver melt coins like this one, worth about $8.


weaver_cleaning

Booyah Weaver Auction! for noting when coins are cleaned. We bid with confidence in auctions by Dave and Cheryl Weaver because of their ethics and customer service!


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.

Stand-Alone Booyah for Star Coin and Currency

starcoin_halfpenny

Every now and then we come across a coin lot description that impresses us. The last one occurred on March 7, 2013, in a post about lot descriptions by Paige Auction. Today we’re recognizing Star Coin and Currency for its description of what looks to us like a suspicious coin.

The 1773 Half Penny was made of copper, minted on orders from the British Crown to serve as coinage for the colony of Virginia. You can find examples such as the one up for bid at Star Coin and Currency for about $50.

Auctioneer Jim Haver writes this description: “QUESTIONABLE AUTHENTICITY FULL RETURN PRIVILEGE.”

So is the coin a counterfeit, replica or authentic?

Take a closer look at the obverse, depicted below.

starcoin_halfpenny1

Notice the pock marks on the face of King George III. Those are typically caused by two phenomenon: counterfeit dies or soil. As such, this coin could be a fake … or could have been found by a metal detector. That’s why Jim calls it “Questionable Authenticity.”

It’s a hard call, but we think this is authentic with severe environmental damage.

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.

Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

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.)

defects

One Big Booyah! to SilverTowne’s Dave Nauert for identifying flaws in this otherwise attractive coin.


hardly

Boo! to this unnamed auction house maintaining this bagmarked slider is a super gem. If you don’t know how to grade, don’t hype.


fakegold

One Big Boo and then Booyah! (or several) to this auction house that featured a fake California gold piece and then retracted it when informed. Watch for a post on this soon.


hype

Boo! to this unnamed auction house for hyping ridiculously high this common silver lot worth $28-30 and not thousands.


investment

Boo! to this auction house that has the nerve to label what may be the ugliest flawed silver melt dollar “an investment.” The $19.95 shipping rate is about the worth of this coin.


nomintmarkmentioned

Boo! to this auction company that doesn’t know where to look for the mint mark. Bidders can rob consignors blind when this happens, and it happens too often.


onesidephoto

Boo! to this long-time Proxibid auction house that refuses to show both sides of a coin. Would you buy a car, or any item, if you saw only half of it?


polished

Booyah Traders Cottage! for noting this Peace dollar is polished. Always note flaws, and gain trust with bidders.


cleaned

Booyah Jewelry Exchange! for noting this coin has been cleaned, often hard to cipher from online photos.


varieties

Booyah Liberty Shops Auction! for taking the time to note varieties on coins, which add to value.



values_NGC

Booyah Southwest Bullion and Coin! for taking the time to note values on lots, using the right price guide for the coin in question.


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.

Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

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.)

9words_lotsinfo_weaver

One Big Booyah! to Weaver Coin and Currency Auction for describing type, date, condition on obverse and reverse, plus acid test … all in 9 words!


capitol_datesgradesdetails

An Even Bigger Booyah to Capitol Coin Auction! for doing the same with three impaired coins … in a dozen words!


common

One Big Boo! (or several) to this auction house that featured an auction with common-date coins that might be found in change, opening with bids way above their actual worth. Hardly any lots had bids a few hours before the auction start.


damage_noted

Booyah Southwest Bullion! for noting damage in the title and description of the coin. Note Justin Quinn routinely adds other data, including value and condition, in his lots.


meares_condition

Booyah Meares Auction! for the value added in noting that “We” is missing in these two-cent coins. The “We” on ribbon is the main device that denotes condition in this series.


pvc_investment

Boo! to this auction company that continues to label silver-melt coins as “investment,” a dangerous word, by the way, for any auctioneer to use in a description. There’s no investment here in this PVC-damaged coin. The shipping fee and buyer’s premium far exceed the coin’s actual worth!


silvermelt

Boo! to yet another auction company that opens with a $49 bid for an improperly cleaned common-date Morgan. Does anyone actually buy these lots? If so, they should stop doing that and start reading numismatic publications.


silvertowne_rimdings

Booyah SilverTowne Auction! for noting rim dings that often are difficult to spot in online photographs. SilverTowne is known for accurate lot descriptions.


slider_notgem

Boo! to this auction company that calls an impaired slider an MS65 Gem! The only thing Gem about this coin is the hype.


StarCoin_Damage

Booyah Star Coin and Currency! for noting damage in an otherwise nice, scarce quarter eagle gold coin. Whenever an auctioneer spots a condition issue with a coin, that problem should be noted in title and/or description. Jim Haver routinely does that for his bidders.


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.