Leonard Auction, operated by John Leonard, is one of our favorite houses, winner of “Best Value-Added” category in our annual awards competition in addition to being first runner-up for best Proxiblog coin auction, with honorable mentions in “Best Descriptions,” “Best Photography,” and “Best Consignments.”
Leonard Auction, located in Addison, Ill., is a premiere Chicago auction house and estate liquidation firm that does just about everything right. Put the combination of 2012 awards together, and you get an auction house that puts customer service first, gets great consignments, describes lots numismatically and depicts them brilliantly for the Internet bidder.
Leonard Auction also has detailed consignment policies that secure some of the best coin lots on the Proxibid portal. The company not only knows numismatics but also protects buyers, as this post illustrates, noting the Leonard policy on coin authenticity and emphasizing why Leonard Auction ranks among the most trusted on Proxibid.
Leonard Auction has a reputation for experience, integrity, and superior technology–core values of founder and appraiser John Leonard–that propelled his house to the top echelon of auctioneering. As far as numismatics go, Leonard Auction is the only house we have reviewed to earn an A+ for conservatively grading raw coins. See this post for proof.
John Leonard conducts a series of auctions each month, generally on the third weekend. His Friday night Coin & Currency auction features 300-400 lots of high-end collectible coins, currency, gold, silver, platinum and stamps.
The company’s onsite house has more than 8000 square feet of showroom and office space. As the picture below shows, it is a first-class facility for appraisals and lot inspection.
Moreover, Leonard Auction secures some of the best consignments because of its fee policy of 0% seller fee for lots that sell at $250 or higher. Better still, John has strict guidelines on reserves and has to agree with the seller on any reserve before placing it on a lot.
You can download his consignment form here.
Proxiblog has consigned coins with Leonard Auction in the past and so knows from experience that the auction house relies on advertising, marketing and onsite and floor competition to reach wholesale and often retail levels for lots in addition to sell-throughs.
Leonard Auction uses full color catalogs, advertising and select mailing lists, Internet marketing and online/onsite auction previews.
We thank Leonard Auction for contributing to Proxiblog’s scholarship fund to help ease student debt and create the next generation of auction-house bidders!