Reagan-Watson Auction posts ZERO BP

Reagan-Watson Auctions of Milford, Delaware, is conducting a ZERO percent online buyer’s premium in its Sept. 16 estate auction, featuring several dozen lots of coins, including Morgan dollars.

We’re seeing more newcomers to Proxibid going below the previously low BP of 10% by such auction houses as Western (which once hosted ZERO percent auctions in 2010).

Southwest Bullion features regular ZERO percent BP. Liberty Shops Auction is running 8% BP coin auctions.

All three do not see maximum bids, have APN clearance, good photos and lot descriptions, plus reasonable shipping.

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.

2 thoughts on “Reagan-Watson Auction posts ZERO BP

  1. Thanks, Darron. I think companies charging zero BP are acquiring their own coins through direct acquisition rather than paying a consignor. No way to know with Reagan-Watson, but I know two other Proxibid houses that are doing this. So your inquiry is on point concerning commissions.

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