On the Block: Bennett Auction Service

Bennett Auction Service has come on the Proxibid coin auction scene adopting many of the best practices by our top houses, with flat rate shipping of $7.87 plus insurance, good photography, APN clearance and one of the lowest online buyer’s fees of 9.5%

Good news today concerning an auction house appealing to the online coin buying audience. Bennett Auction Service has a philosophy based on “a balance of making a living and staying competitive,” says auctioneer-broker Adam Kielsmeier of the Prentice, WI, house.

“Shipping rates are influenced by both item fragility and size vs. value, he says. “Shippers love coins and hate chandeliers. We use APN for the same reason we use Proxibid; they are a stable and professional company that offers a well-developed service while focusing on integrity and excellence.”

Adam notes that he and his spouse “started out years ago in the live auction arena, and simply imposed our personal convictions on our newly created auction business: be honest, do quality work, be thoughtful in decisions. We also believe it is essential both to serve our seller in a proper client-agent relationship and to be fair and transparent with our buyers.”

Part of that proper client-agent relationship is not viewing maximum bids online or allowing consignors to bid on their lots. Bennett Auction Service falls in line once again with our recommended best practices.

Kielsmeier’s company focuses on “proper marketing, accurate representation, and fair terms for whatever we may be trusted to sell.” While he hasn’t specialized in coins, he is rethinking that market.

We hope he does because these values are ones we have promoted in all our top houses.

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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