Gone are the days on Proxibid when auctioneers selling coins could dictate terms of service, knowing they had little competition from other houses (such as our top companies in the sidebar rankings to the right.) Why would anyone bother to bid on coins with terms of service like this?
- “20 % Buyer’s premium is added to all INTERNET purchases. … WE DO NOT HANDLE SHIPPING AND HANDLING PLEASE CONTACT OUR LOCAL UPS TO HANDLE ALL SHIPPING AND HANDLING. … WE DO NOT HANDLE SHIPPING AND HANDLING!!!!!!!! … SHIPPING AND HANDLING IS THE RESPONSIBILITY OF THE BUYER!!!!! . ((((WE HAVE PROVIDED THE INFORMATION FOR UPS SHIPPING. UPS WILL PICK UP YOUR ITEMS PACK THEM AND SHIP THEM TO YOU. THEIR PHONE NUMBER IS XXX-XXX-XXXX. STOREXXXX@THEUPSSTORE.COM ASK FOR XXXXX OR XXXXX))) THEY MIGHT BE ABLE TO GIVE YOU A QUOTE ON SHIPPING AN ITEM YOU ARE INTERESTED IN. YOU THEN CAN BE CONFIDENT WHEN YOU BUY THE ITEM THAT THE SHIPPPING IS RIGHT. !!!!!!! NOTE WHEN USING A SHIPPER IT IS YOUR RESPONSIBLITY TO MAKE SURE THE SHIPPER KNOWS WHAT HE NEEDS TO PICK UP.”
What troubles us about houses with similar terms of service, and there are more than a few on Proxibid, is how this not only affects the bidder but the consignor, too. Why would anyone want to consign coins knowing the house’s policy stated in such stark terms? Doesn’t the house know consignors are scanning Proxibid for the best customer service?
We recommend that all consignors to Proxibid auctions read the terms of service of a potential house before signing any contract. The most competitive houses have low buyer’s fees, sharp photography, flat-rate shipping and other perks that spark ever higher bids between the online and onsite auctions. Also, as we have noted repeatedly, we do not recommend patronizing houses that lack APN clearance or that have APN clearance with third-party shippers.
And one more thing: Why isn’t the Proxibid sales team recommending what we just did in this post? Houses with bidder unfriendly Internet terms also reflect poorly on Proxibid. Competitors continue to point out to us that many Proxibid houses fall far short of quality-control standards as found on Teletrade, Heritage and Great Collections.
It’s not how many houses you sign up, but how many succeed on the portal.
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.