“Terms” of Sale

We’re seeing auction houses misusing terms that have distinct numismatic meanings. This post showcases a few recent examples from Proxibid.

Never use the term “hairlines” if you mean Lady Liberty’s hair. The term “hairlines” refers to abrasions in a coin that often happen during harsh or improper cleaning or other damaging contacts. See the misuse of the term in the photo below. (Click to expand)

Likewise, never use the term “details” if you mean “devices.” The term “details” refers to problems with a coin that can range from alteration to artificial toning. See the misuse of the term in the photo below. (Click to expand)

Here’s another bad example of using the word “details” on an ANACS coin that is MS63. We almost didn’t bid on this coin because we spotted the word “details.”

For a full glossary of numismatic terms, click here.

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.