Avoid Houses that Charge Per-Lot Shipping

“SHIPPING: We will use the best service possible. We charge a minimal fee for our staff to pack and wrap your items. $5 per lot for coins and jewelry or small items.”

Look closely. This auction house charges $5 per coin. What’s the purpose of this besides making a profit on easily shipped items, especially when shippers like USPS or UPS pick up packages and/or provide mailers for free? The shipping policy also works against the auction house, which should give a discount for more bought lots … rather than an extra charge!

The danger of patronizing houses like this is the chance of ending up with an inexpensive coin worth $5-10. Add shipping, handling, etc., and you’re triple-overpaying for the lot.

We recommend that bidders closely read terms of service for shipping before deciding whether to bid with a house.

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.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s