Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

It’s more important now than ever with the new Proxibid redesign 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.)

Booyah Black and Gold Auction! for noting rim dings that many auctioneers overlook when selling coins but that affect the grade.


Boo! to this unnamed auction house that states that an 1911-D quarter eagle is the key to the series but inappropriately leaves out the reverse picture of the coin, knowing there are “strong” and “weak” “D”s worth hundreds of dollars’ difference in price. Actually, only the “strong” D is key to the series; but would you place a high bid in the thousands without seeing the reverse? Would you pay $5,000 for seeing only half of a used car? (You get the picture–NOT.) This house specializes in coins, too. Sigh.


Booyah! to Hradil Auction for noting that a coin is a copy. It’s important to state that even if the word “copy” is on a flip or visible on the coin itself. You never want to be accused of selling copies without identifying coins as such.


Booyah! to Hi Dollar Auction for noting that this set lacks the original envelope–a fact that few auctioneers would bother to state but that one which affects value. Nice job.


Booyah! to Munda Auction for providing good photos and stating that this coin has been polished. Again, it’s important to note that in the lot description even if the word is on the flip.


Boo! to this unnamed auction house that quotes the PCGS price list for a coin holdered by a lower-tier entity. You have a PowerBall’s chance of getting $3300 for this coin. And why the estimated value of $300? This coin will most probably grade MS68 or MS69, with the latter worth $38.


Booyah Leonard Auction! for calling a bottom-tier company’s grade for what it is–polished and buffed. This is how you do it without citing PCGS’s price list for this coin.


Booyah! to Scott Auction for noting scratches that might not be visible on the coin from the provided picture. Yet another lot description that helps the reputation of the auctioneer.


Booyah! to Silvertowne Auctions for noting cleaning and other defects on coins. Larry Fuller’s reputation as a grader is one of the reasons bidders look to Silvertowne for lot descriptions.


Booyah! to Weaver’s Auction, our top house, not only because of the great consignments but also because of the lot descriptions that note coin doctoring. Thank you, Dave and Cheryl Weaver!


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, Brief Hiatus

Proxiblog has updated its auction rankings, with Silvertowne Auctions overtaking Western Auction, due to top consignment as well as buyer’s policies.

Silvertowne, concerned about securing top-quality consignments for its bi-monthly auctions, has one of the best seller policies on Proxibid, with low and even zero fees for coins that bring good hammer prices. Western Auction, still one of the best online and onsite companies in the business, at one time featured a 0% buyer’s fee, increased that to 5%–still the lowest on Proxibid–but recently upped that to 10%.

At 5% fees, Western Auction still would be doing well. Its July 6 session brought amazing hammer prices, with this 1893-S PCI-graded Morgan bringing $2950, or a realized price of $3245, still a bargain for all parties–auction house, seller and buyer.

Silvertowne, operated by Rick Howard of Howard’s Coin Shop in Leipsic, Ohio, features similar high-end items. In its last auction, this raw 1893-S sold for $3200, or $3680 realized, with 15% buyer’s fee. While that fee is on Proxiblog’s high end, Silvertowne makes up for that with expert coin grading and consignment policies. (Note the accurate description on the 1893-S coin pictured here.)

Proxibid will be taking a brief hiatus until mid-month. In two months we have posted more than 30,000 words in several categories, hoping to enhance your summer reading on best practices and more for your auction company.

In closing, we’d like to acknowledge our Honor Roll houses for their standards and practices on Proxibid:

Abal Auction

Arneson Auctions

Auctions Unlimited

Auctions by Wallace

Battermans Auction

Beatrice Auction Service

Beloit Auction/United Country

Black and Gold Auction

C.B. Kaye and Associates

Carden Family Auction Service

Carrick Auction

Crawford Family Auction

Culpeper Auction

Dave Kaufman Realty and Auctions

Furlo Auction Service

Garrison Auctioneers

Gavin Pope Auction and Appraisal

Gold Crown Auctions

Grey Ghost Auction Service

Grubaugh Auction Service

Hi-$ Auctions

Hidden Treasures

United Country/Hudgins

Key Date Coins

Kraft Auction Service

Krause Auctioneering

Krueger and Krueger

Jewelry Exchange and Auctions

Johnny’s Estate Auction Service

Lippard Auctions/United Country

Meares Auction Group

Massart Auctioneers/United Country

Midwest Coins

Phil Cole Rare Coin Auctions

RJ’s Auction Service

Scott Auctions

Silvertowne Auctions

United Country Shobe Auction

Sullivan Auctioneers

Weaver Signature Coin and Currency Auction

Western Auction


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.