Top Houses Get Better; Others Dropped–Views at All-Time High!

Increasingly we’re seeing fewer new coin auctions on Proxibid worth bidding on, relying more on our top favorites that maintain standards in photography, consignments and customer service. Few can beat Brad Lisembee at Capitol Coin Auctions and Dave and Cheryl Weaver at Weaver Signature Coin and Currency Auction.


For more than a few years we had been listing as favorite houses about a dozen that have maintained 2012 standards … but have failed to improve to 2014 standards requiring sharp photography, reliable lot descriptions and cherry consignments. We read notices on their sites stating, “Tell us how we can be better,” and then see the same blurry photographs or the same inferior lots.

A few houses have been dropped because their consignments have not warranted a lot of interest–consistently, for the past several months. As soon as they get better coins, they’ll likely be back in our rankings.

Technically, we have dropped all houses that failed to earn a 24.5 out of 25.

Despite that news, coin auctions on Proxibid have been exciting. Fox Valley, Capitol Coin, Weaver, Krueger and Krueger, SilverTowne, Leonard, Star Coin, Jewelry Exchange, Back to the Past, Meares, et. al.–who could ask for a better selection!

Even Kaufman Auction is getting coins shipped in a timely manner and posting photos within a week of the event. McKee Coins is improving, as are Auctions By Wallace and A New Day Auctions.

Proxiblog also had one of its best months ever with almost 1500 views in 30 days. See our graph below:

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We continue to provide best practices and numismatic knowledge to our viewers for free. Please consider making a donation. We post daily during the week, which takes time and effort, and do this for educational purposes, informing auctioneers about best practices and viewers about numismatics. With our sponsorships, we fund media ethics scholarships for Iowa State University students.

Fortunately, we have several of our top houses donating funds to our scholarship account. You can also buy our new work, Online Coin Auctioneering or Basic Coin Design on Kindle. We are extremely grateful. Won’t you consider making a tax-deductible donation to the Iowa State Foundation so that we can continue publishing? Thank you for your consideration!

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.


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Capitol Coin Auction Wins … “Best Descriptions”

1Best Descriptions

Capitol Coin Auction, operated by Brad Lisembee of Evansville, Indiana–a top-ranked house through much of 2012 on Proxiblog–has won the category of “Best Descriptions,” based on numismatic knowledge–especially the ability to identify flaws and rarities in consignments.

Once again, this was a close competition, as you will see in the Honorable Mentions category, with eight houses named whose auctioneers also are experienced numismatists. Last year’s winner was SilverTowne Auction (Honorable Mention this year) which still enjoys veteran numismatist Larry Fuller calling coins as he sees them.

Other Honorable Mentions are Key Date Coins, Leonard Auction, Liberty Shops, McKee Coin Auction, Star Coin and Currency, and Weaver Auction. (Key Date, Leonard and Weaver were Honorable Mentions last year, along with Capitol Coin.)

Click and expand the picture below to see how Brad Lisembee describes and adds to uncommon Civil War tokens slabbed by a top company.

Capitol

To give you an idea of how much information Capitol packs in its descriptions, click and expand the photo below.

Capitol1

As noted previously, several Honorable Mention houses gave Lisembee a run for his “money,” literally. SilverTowne’s Larry Fuller was present most of the year with his snappy descriptions; Sean Cook of Liberty Shops Auctions remains one of the most meticulous graders on Proxibid; John Leonard of Leonard Auction is a conservative and respected numismatist; Owen McKee is sharing more of his numismatic knowledge; and Eddie Caven of Key Date Coins continues to describe flaws and VAMs with honesty and precision along with Dave Weaver of Weaver Auction and Jim Haver of Star Coin and Currency.

Moreover, all of the auctioneer-numismatists named above put a high premium on customer service and return customers. That’s why we’re delighted to honor Brad Lisembee with our Best Description Award and the above houses as Honorable Mentions in that category.

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.