A robot calling the lots

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RedCopper
RedCopper Posts: 173 ✭✭✭
in U.S. Coin Forum

I went online to the Heritage (Boulder City )
auction last night and discovered a robot
was calling the lots.
Is this the future of coin auctions ?
It went very quick but I miss Mike Sadler
doing his dramatic rants .
What are other peoples experience ?

Comments

  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    It's been the future of coin auctions since you could go online at Heritage and Stack/Bowers to bid. For auctions that have Important Coins™, there will be someone adding color commentary, live phone support, and so on, but for more routine auctions of pedestrian stuff, widgets, and dreck, a robot is sufficient.

    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • divecchia
    divecchia Posts: 6,715 ✭✭✭✭✭
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    I prefer the robot as it gets to the point, with no color commentary.

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • lermish
    lermish Posts: 4,999 ✭✭✭✭✭
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    @MFeld said:
    Stewart, when I saw your thread title and the first line of your post, I started preparing myself for you criticizing one of our (human) auctioneers. Whew! ;)

    I like the humans! If there are 1000 lots to get through, particularly mid-range or lower type coins, the computer totally makes sense. But I'll watch some of the human-run auctions even without the intention of bidding because it can be entertaining/educational/interesting. Of course, if you are anxiously waiting to bid on lot 300 and each lot is taking several minutes I can understand how it may get a bit frustrating waiting for humans to power through.

    chopmarkedtradedollars.com

  • johnny9434
    johnny9434 Posts: 34,051 ✭✭✭✭✭
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    Welcome to the future 🙂

  • stawick
    stawick Posts: 608 ✭✭✭✭
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    I have 1 HA experience ... robot. Makes sense to me (online bid), but I have not been thru any other means.
    To me, it seemed to keep the auction going at a "regular" pace.

  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
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  • stawick
    stawick Posts: 608 ✭✭✭✭
    edited May 24, 2022 1:06PM
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    @ErrorsOnCoins said:

    Heah me now, und buh-leefe me lay-tah ...
    If its slabbed, vee can sell it!!! B)
    :D

  • Nysoto
    Nysoto Posts: 3,833 ✭✭✭✭✭
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    They need to slow down the robot, I have missed a couple of bids at the last second.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • retirednow
    retirednow Posts: 708 ✭✭✭✭✭
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    Sure has come a long way from the early teletrade phone bid by phone auctions ... I still hear that sound "you `ve been outbid"

    PS ... and you needed a high tech touch button phone ... those rotary dial phones would not work

    OMG ... My Mother was Right about Everything!
    I wake up with a Good Attitude Every Day. Then … Idiots Happen!

  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    Danger Will Robinson.

  • winesteven
    winesteven Posts: 5,604 ✭✭✭✭✭
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    I believe in the “Bigger” auctions, like Show auctions, if there is live floor bidding and phone bidding, they use a live auctioneer. But last night there was no floor or phone bidding, hence the robot got to work the auction.

    As a regular bidder, to me it makes no difference either way who the auctioneer is. However, I sense there’s less bidding competition when there’s no floor or phone bidding, so my preference as a bidder is for that format. (I was the high bidder last night on each of the four Indian Cents I wanted).

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
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    Let's face the fact that auctioneering has always been pretty robotic, at least when executed perfectly. It is for the best in running auctions. Why have humans trying to behave as machines?

  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
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    @retirednow said:
    Sure has come a long way from the early teletrade phone bid by phone auctions ... I still hear that sound "you `ve been outbid"

    PS ... and you needed a high tech touch button phone ... those rotary dial phones would not work

    I still can hear, "Congratchulations....you have won 3 lots in auction ...." in my mind from back when they were in NY State.

  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    @alefzero said:

    @retirednow said:
    Sure has come a long way from the early teletrade phone bid by phone auctions ... I still hear that sound "you `ve been outbid"

    PS ... and you needed a high tech touch button phone ... those rotary dial phones would not work

    I still can hear, "Congratchulations....you have won 3 lots in auction ...." in my mind from back when they were in NY State.

    "Sorry. You have won. No. Lots in auction ..."

    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • stawick
    stawick Posts: 608 ✭✭✭✭
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    @Nysoto said:
    They need to slow down the robot, I have missed a couple of bids at the last second.

    Nah, in my case there was plenty of time for a few bidders to increase my cost by a few $100 in the last 3 seconds (I still won). :#

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