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<p>[QUOTE=&quot;mynamespat, post: 4892867, member: 83738&quot;]I see a lot of people jumping to the conclusion that this is nefarious.&nbsp; However, there are other reasons for the auctioneer to not accept a bid on Proxybid.&nbsp; They could have a live auction running alongside the internet bidding.&nbsp; Many Proxybid auctioneers use multiple platforms to auction their coins at the same time - auctionzip, liveauctioneers, etc.&nbsp; </p><p><br /></p><p>I don&#039;t know if this is neccesarily the case here.&nbsp; I do see that it appears this auctioneer also has a bidding portal on his own website.&nbsp; I don&#039;t know what software is supporting this without making an account.&nbsp; If it is his own platform, obviously he would take an equivalent bid on his own website and not pay Proxybid fees.</p><p><br /></p><p>Proxybid seems to be the place auctioneers go because the rules of ebay are too stringent.&nbsp; There is a whole range of sellers from high quality to shysters.&nbsp; It&#039;s important to analyze them thoroughly before conducting business.&nbsp;&nbsp; I like to search thru auctioneers past auctions.&nbsp; If they have a plethora of &quot;sold to onsite&quot; sales, I&#039;ll pass on that seller.&nbsp; Either they are setting hidden reserves, or they have another platform with bigger pockets.&nbsp; Either way, the chances of me winning the auction decreases dramatically and I have better things to do with my time than get in a bidding war with the auctioneer.</p><p><br /></p><p><br /></p><p>EDIt to add:&nbsp; + I like to see if the auctioneer is selling the same exact coins over and over.&nbsp; This is a big red flag for me also.[/QUOTE]</p><p><br /></p>

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