SilverTowne, Gary Ryther Auctioneers Make Gains; Proxiblog exceeds 35,000 views!


Proxiblog’s viewership has increased steadily as we enter our fourth year of publication with 35,000+ views from around the world in the course of our existence and markedly improved coin auctions on Proxiblog that include APN clearance, in-house shipping, acceptable levels of buyers’ premiums, accurate numismatic lot descriptions and sharp, expandable photos of coins.

Our rankings in the right sidebar concern only our experience with certain sellers. Your experience may differ. In any case, we patronize auction companies when they adhere to standards as expressed in the above paragraph.

In this month’s rankings SilverTowne emerges as the top of our list with a full 25 points. In large part, this has to do with the grading standards, the frequency of auctions, and the wide range of rarities to suit everyone’s budget. You’re not going to steal a coin from Rick Howard or Dave Nauert; but you certainly can snag some below Grey Sheet (wholesale prices).

John Leonard at Leonard Auction continues to amaze us with choice consignments, accurate numismatic descriptions and sharp digital photos. Same can be said about Western Auction and Weaver Signature Coin and Currency Auction.

Then, the next half dozen or so companies in our rankings essentially are offering the same level of excitement, appeal and numismatic knowledge. One company, Southwest Bullion and Coin, continues to improve consignments, identify flaws in lots, ship coins quickly and inexpensively, and offer a zero percent buyer’s premium, meaning what you bid is what you pay.

A few other auctions not on our rankings make that faux claim but, unlike Southwest Bullion, open lots at or above Grey Sheet or even retail. So of course if all lots sell with profit to the company, they do not have to see maximum bids or shill bid or charge buyers’ premiums. They built all that into their high opening bids. So when you patronize these companies, all you are actually doing is purchasing coins from an online shop. You are not participating in a win-or-lose auction, as you might with Southwest Bullion. Sadly, companies that do not realize this also are not taking advantage of the Proxibid technology that is programmed for an onsite experience in the comfort of your own home. (Watch for a post on this soon!)

We have often said that all a company has to do is improve one aspect of its features to gain big-time, and we see that in one of our old favorites, Gary Ryther Auctioneers. His company fell from our listings primarily because of the quality of its photographs, which just could not capture luster. He improved that component, attracted marvelous consignments, and is a top-rated house for us again. (Watch for a post on this soon, too!)

We also are excited every time we see an auction by our other favorite sellers, including Star Coin and Currency, Engstrom Auction, Meares Auction, Kaufman Auction, Jewelry Exchange, Key Date Coins and Rolling M Auctions. If our rankings included top sellers for consignors, rather than best bets for bidders, Mark Murphy at Rolling M would rise to the top. His sessions consistently sell above retail because he knows how to promote them onsite and online. Now, if he only would improve photography just a little more, to capture luster like Gary Ryther has done, he would see his great results improve beyond his own high standards and expectations.

As for Proxiblog, we continue to grow our audience with typical 100+ views per day from all over the world. The latest stats show us with more than 20,000 from the past year and a quarter, as the graph below shows. (Total views exceed 35,000 over the course of our publication life.)


Our top post continues to be California Gold: Real, Replica and Fake, which averages between 25-100 views per week. “Find the Flaw!” and “Boos and Booyahs!” also are tops among our audience.

Finally, we wish to thank auction houses that have donated to our scholarship fund. We publish Proxiblog for free and promote the best companies and practices on the portal, along with providing numismatic knowledge for bidders and auctioneers. We do this for our students so that they can decrease student debt, enhance personal and professional ethics, and emerge as the next generation of auction buyers.

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.

Capitol Coin Auction tops list!

Competition among top coin-selling houses on Proxibid has become even keener, with only fractions separating one favorite company from another. Only one scored a full 25 points in all categories: quality consignments, detailed descriptions, quick and inexpensive shipping, superior photography, expert grading, reasonable buyer’s premium and other value-added considerations. Not only is competition growing, our audience is too, surpassing 1,600 views for the first 28 days in April.

Capitol Coin Auction continues to feature some of the best numismatic estate auctions on the portal. Every few months it schedules an auction with key date coinage and holdered rarities. Moreover, as we noted in this recent post, Brad Lisembee ranks among the best graders in the business along with John Leonard of Leonard Auction.

Also high on the numismatic grading list are Dave Nauert of SilverTowne Auction, Justin Quinn of Southwest Bullion and Coin, Dave Weaver of Weaver Signature Coin and Currency Auction, and Sean Cook of Liberty Shops Auctions.

These were ranked ever so close behind Capitol at 24.5 each out of 25, along with Western Auction (one of our personal favorites) and Fox Valley Coins.

Returning to the portal is Kaufman Realty and Auctions, with strong consignments, numismatic lot descriptions and good photography. If it shipped more quickly, it would challenge other top houses in our rankings.

Darron Meares, one of our favorite auctioneers, elevated his company to the top rankings, too, with great consignments and much improved photography. Engstrom Auction continues to improve with better consignments. Its photography has been good, and its customer service is fine, too.

Essentially, you should have an exciting time in the spirit of traditional auctioneering bidding in any auction by these top-houses.

Rolling M Auctions is one of our favorite houses. Mark Murphy is going a fantasic job for Rolling M. with great consignments and fine pre-auction advertising. We think he can still do better with sharper photography that captures luster and provides an onsite view for the Internet crowd.

Key Date Coin continues to showcase the best photography and auctions always worth a look. We advocate for better consignments as Eddie Caven knows how to feature premium lots. Star Coin and Currency continues to impress with improving consignments, neat photos and numismatic lot descriptions.

New on the list this month are Atlantic Auction Company and Cannon Auction whose Honor Roll features include 15% buyer’s fee, good photography and numismatic lot descriptions.

Online buyers expect:

  • Rapid shipping with professional packing.
  • Sharp, expandable photos of both sides of a coin.
  • Accurate lot descriptions.

That said, our rankings are reviews of favorite houses based on our buying and/or selling experience and numismatic expertise. Your experience with our top houses may differ from ours. Our intent is to educate and praise whenever possible–to our own buying detriment, at times! We have seen when we showcase an auction house how bidding becomes more intense, often edging out our own bids.

Perhaps this is due to the rise in our viewership. As the screen shot below shows, more than 1600 page views were logged in the first few weeks of April alone.

The favorite and most accessed page? “Boos and Booyahs.” The all-time most favorite post? “California Gold: Real, Replica and Fake,” which gets on average 100+ views per month from all over the world, indicating once again that auctioneers need to take care before they label those tiny yellow tokens “gold.”

Also becoming more popular are our “Find the Flaw!” features, designed to improve grading skills.

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.

Western Auction Stays on Top

New rankings based on February’s auctions, our participation, service terms and consignments show Western Auction on top with quality raw coins that actually grade well at PCGS, as well as 10% buyer’s fee, quick shipping, and excellent numismatic photography. Leonard Auction was a close second, with Weaver Signature Coin Auction, SilverTowne, Liberty Shops, Star Coin and Currency, Jewelry Exchange and Rolling M Auctions all rising after exciting online and timed sessions on Proxibid. And Proxiblog has also risen in viewership, surpassing 30,500 lifetime views with an ever-expanding global audience.

The quality of our top houses–those earning 24-24.5 out of 25 points–has really become a matter of taste and consignment. You can find anything from rare coins to bargains in all of the ranked auction houses. They don’t see maximum bids, and they don’t shill bid, either, providing expandable photography and often, numismatic descriptions. Some houses dropped in the rankings because of fewer sessions, which means they will rise again with their next big consignment.

We still see way too many dipped and altered coins being sent to the same auctions not included in our rankings. And newcomers aren’t always being adequately informed about what the online audience seeks in Internet bidding. Unfortunately, we still see Proxibid auction houses charging too much for shipping or using third-party shippers, seeking credit card information rather than APN clearance, and otherwise hyping lots (including fakes and replicas).

Speaking of which, the top post remains “California Gold: real, replica and fake,” which now attracts more than 50 viewers per week, indicating the extent of the counterfeit problem often found in online portals, including eBay and Proxibid.

As the chart below shows, Proxiblog continues to increase its worldwide audience with almost 18,000 views in the past year and 30,500 lifetime views from the United States and countries across continents. (Click to expand chart below.)


We have received several complimentary emails regarding our occasional sponsorship prize giveaways by Liberty Shops and Star Coin and Currency, and we thank all of our auction houses for supporting our scholarship fund.

Now for our disclaimer: Our rankings are based on our experience dealing with select auction houses, akin to “Favorite Sellers” on eBay. Your experience may differ from ours.