As Proxibid increases its coin auctions, which we reported in yesterday’s post, more top auction houses are running specials.
Coin auctions are known for monthly specials, whether it be in no-reserve auctions, lower buyer’s fee, flat-rate or even free shipping, and other promotions to recruit bidders.
Before sharing a few samples, we want to remind you to showcase your own specials in the header section featured on Proxibid’s "Coin and Currency" page. We've seen specials buried in terms of service.
Here are specials running this week or that just concluded:
No Reserve Specials
Midwest Coins: Certified coins throughout! Copper to Silver, Proof/Mint sets, & other coin type sets. NO RESERVE! 100% ONLINE only, SUNDAY at 6 PM CST!!! Prebid now or join us LIVE!!!!
Hradil Auction: Type Coins, Morgan Dollars, Peace Dollars, Bullion, Graded Coins, Key Dates, Gold, Silver Eagles, Absolute Sale, All Items Change Ownership Day of Auction, No minimum, No Reserves, No Shills.
Compare the allure of specials above to these announcements in the header section by three auction companies:
- “Collectibles, coins, sportscards, jewelry and more.”
- “Sports Memorabilia, Jewelry,Coins & Collectibles”
- “Morgan and Silver DOLLARS!!!!!!”
Low Buyer’s Premium
Auctions Unlimited: “Coin & Currency Auction Only 10% BP”
Weaver Signature Coin and Currency Auction: “New Lots & Images added daily. Special emphasis on Silver Dollars. Many Key Date Coins. Classic Currency. LOW 10% Buyer Premium, 5% on Gold 1 oz or $20 Eagles.”
Compare to: “Internet Buyer’s Premium: 22 %; Sales Tax: 5.000% – Tax may apply to the total invoice, including Buyer’s Premium.”
Scott Auction: 100+ SILVER MORGAN & PEACE SILVER DOLLARS – 1921 & (2) 1928 KEY DATE PEACE $ – $300 X 90% & $100X 40% SILVER – MINT & PROOF SETS – COPPERS & CURRENCY + MUCH MORE w/ **********$1O SHIPPING*************
Weaver Signature Coin and Currency Page: March Special: Buy More, Save More! Flat $9 Insured Shipping Fee with NO extra Handling Charge-No Matter How Much You Buy.
Compare to: “There will be a $5.00 shipping fee per item.”
Specials not only attract and retain bidders, but also publicize to competitors that you are doing just fine. Don’t underestimate the message that sends to clientele. When you’re confident, sellers consign and buyers bid with confidence!
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.