Weaver Auction wins “Best on Proxiblog” Award

Weaver Signature Coin and Currency Auction, an Easton, MO, firm, won our highest “Best Coin Auction” Award, garnering a “Best Photography” honor as well as Honorable Mentions for consignments and for lot descriptions.

Check out the home page for Weaver Auction and you can see some of our past praise for this remarkable house. A special hallmark of Dave and Cheryl Weaver is exceptional customer service. We have dealt with dozens of auctioneers in the past several years but few as conscientious as the Weavers.

They have held our “top auction house” ranking (see the listing to the right) for months, mainly because the Weavers are never satisfied with success but keep innovating and experimenting for the optimal configuration for superior Proxibid sessions. They took our advice and instituted a low buyer’s fee for gold–as low as 5% for double eagles. Now they are competing directly with Western Auction with a low buyer’s fee of 10%. They ship inexpensively and photograph expertly. They make use of Proxibid multimedia so online bidders can share in the excitement of their onsite sessions. Dave is a numismatic expert; Cheryl, a communications specialist.

We have done several features on this national-caliber house, including this article on buyer’s fees, this one on Internet advertising, and this illuminating “On the Block.”

What we found remarkable in the past year was the Weavers’ ability to take and learn from constructive criticism. For example, once we made a critical reference to titles in lot descriptions, and rather than send a snippy email, they thanked Proxiblog for the advice.

In life as well as in auctioneering, the Weavers have a lot to teach us. They learn from mistakes and are courageous enough to innovate in the spirit of continuous improvement.

Those qualities also exist in our Honorable Mentions in this category.

We applaud:

  • Capitol Coin Auctions, “with over 35 years of experience in collecting, investing, and grading rare coins.” Capitol also won Honorable Mentions in our “Best Consignments” and “Best Descriptions” categories for a total of three honorable mentions.
  • Key Date Coins with a reputation for “always fast and low shipping and handling cost.” Key Date Coins also won our “Most Improved House” Award in addition to Honorable Mentions in “Best Photography” and “Best Descriptions” for a total of four honors.
  • Leonard Auction, “with a reputation for experience, unsurpassed integrity, and superior technology.” Leonard Auction also won Honorable Mentions in our “Best Consignments,” “Best Photography,” and “Best Descriptions” categories for a total of four honorable mentions.
  • Scott Auctions, noted for its experience and generous service to the auctioneering profession. Scott Auctions also won our “Best Shipping Award” for a total of two honors.
  • Silvertowne Auctions, known for grading expertise and national reputation in numismatics. Silvertowne won our “Best Lot Descriptions” Award plus an Honorable Mention in our “Best Shipping” category for a total of three honors.
  • Western Auction, “whose family includes principal auctioneer David Zwonitzer, his father Mel Zwonitzer, Dave’s sons Daniel and Ty and Dave’s wife Kym. Together the family has more than 80 years auctioneering experience.” Western Auction also won our “Best Consignment Award” plus an Honorable Mention in our “Best Photography” category for a total of three honors.

We wish to congratulate all of our other “TOP Award” winners: James Peterson Auctions (tie: “Best Consignments”) and Matthew Bullock Auctioneers (tie: “Best Photography” and “Best Timed Auction”).

We also send kudos to those with Honorable Mentions, including Arneson Auction, Auctions Unlimited, Chaparral Auction, Culpeper Auction, Engstrom Auctions, Gaston and Sheehan Auctioneers, Hall’s Auction, Krause Auctioneering, Meares Auction, Midwest Coins, Poinsett Auction, Rolling M. Auctions, Schultz Auctioneering and Silver Trades.

We also thank Proxibid houses specializing in coins and encourage them to visit these award-winning houses. We know there are some houses that we missed in our rankings, but we did the best job we could with the available data and hope that you will continue visiting our site and interacting with our clientele, now exceeding 8300.

Finally, consider making a donation to our Scholarship Account. (See details on top of the “Rankings” sidebar to the right.) We will continue publishing Proxiblog free of charge and covering Proxibid and the online coin auction industry. Won’t you consider making a voluntary donation to offset tuition expenses for our college students?

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.

Key Date Coin is “Most Improved”

Key Date Coin, an Oklahoma house, has been named “most improved” on Proxiblog, with owner Eddie Caven not only learning the portal ropes but also working diligently to master the fine points of numismatics.

You can read his “On the Block” here.

He has spent the year trying to find the right mix of consignments, buyer’s fees (as low as 14%) and specials, going through a period of high opening bids before concluding that low ones trigger competition (now opening at $5 per lot). He has mastered online advertising, keeping his newsletters pertinent, brief and newsworthy.

His digital photography, combined with numismatic lot descriptions (including VAMs), rank among the best on Proxiblog.

He has earned the “Most Improved” status because Eddie is not afraid to experiment to find the right Proxibid ingredients to spark competition while providing fair and informed descriptions of quality well-photographed coins described numismatically. His shipping is fast, usually within a week, and he sometimes even cuts costs if a bidder wins one inexpensive item–a $15 Franklin half, for example.

We hope that bidders reading this post will visit his auction (the next is scheduled Jan. 7, 2012) to verify much of what we have praised. Other auctioneers might send him a congratulatory note in the spirit of NAA collegiality.

We applaud Eddie in winning this award. He had stiff competition from our Honorable Mention houses in this category, which include Auctions Unlimited, Arneson Auction, Culpeper Auction, Engstrom Auctions, Meares Auction and Rolling M. Auction.

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.

New Rankings, Brief Hiatus

Proxiblog has updated its auction rankings, with Silvertowne Auctions overtaking Western Auction, due to top consignment as well as buyer’s policies.

Silvertowne, concerned about securing top-quality consignments for its bi-monthly auctions, has one of the best seller policies on Proxibid, with low and even zero fees for coins that bring good hammer prices. Western Auction, still one of the best online and onsite companies in the business, at one time featured a 0% buyer’s fee, increased that to 5%–still the lowest on Proxibid–but recently upped that to 10%.

At 5% fees, Western Auction still would be doing well. Its July 6 session brought amazing hammer prices, with this 1893-S PCI-graded Morgan bringing $2950, or a realized price of $3245, still a bargain for all parties–auction house, seller and buyer.

Silvertowne, operated by Rick Howard of Howard’s Coin Shop in Leipsic, Ohio, features similar high-end items. In its last auction, this raw 1893-S sold for $3200, or $3680 realized, with 15% buyer’s fee. While that fee is on Proxiblog’s high end, Silvertowne makes up for that with expert coin grading and consignment policies. (Note the accurate description on the 1893-S coin pictured here.)

Proxibid will be taking a brief hiatus until mid-month. In two months we have posted more than 30,000 words in several categories, hoping to enhance your summer reading on best practices and more for your auction company.

In closing, we’d like to acknowledge our Honor Roll houses for their standards and practices on Proxibid:

Abal Auction

Arneson Auctions

Auctions Unlimited

Auctions by Wallace

Battermans Auction

Beatrice Auction Service

Beloit Auction/United Country

Black and Gold Auction

C.B. Kaye and Associates

Carden Family Auction Service

Carrick Auction

Crawford Family Auction

Culpeper Auction

Dave Kaufman Realty and Auctions

Furlo Auction Service

Garrison Auctioneers

Gavin Pope Auction and Appraisal

Gold Crown Auctions

Grey Ghost Auction Service

Grubaugh Auction Service

Hi-$ Auctions

Hidden Treasures

United Country/Hudgins

Key Date Coins

Kraft Auction Service

Krause Auctioneering

Krueger and Krueger

Jewelry Exchange and Auctions

Johnny’s Estate Auction Service

Lippard Auctions/United Country

Meares Auction Group

Massart Auctioneers/United Country

Midwest Coins

Phil Cole Rare Coin Auctions

RJ’s Auction Service

Scott Auctions

Silvertowne Auctions

United Country Shobe Auction

Sullivan Auctioneers

Weaver Signature Coin and Currency Auction

Western Auction


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.