Master Catalog Descriptions

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Proxibid catalogs are accessed when a bidder clicks on the “Coin Category.” This is your chance to lure buyers to your sessions. Don’t blow it.

This catalog copy scares away bidders, laying down rules. Click photo to expand:

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Descriptions reads:

    NOTE: TO ALL BUYERS ITEMS MUST PAID OR PICKED-UP WITHIN 3 DAYS OF INVOICE. ALL ITEMS SOLD AS IS. ALL SALES FINAL!


This catalog header simply states:Don’t miss this auction!
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For those of us who know Mascari, that may be enough. For new bidders, probably not.


Engstrom Auction features a key gold coin in its billboard with a full description of the catalog … and also touts its excellent shipping.

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Huge collection of coins from the estate of an avid and long time coin collector! High number of quality, rare, and unique coins with a wide variety for everyone! Guaranteed to ship next day!


We know it takes a lot of time and energy to post a terrific catalog. But don’t short yourself by skimping on the title page of your 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.

Engstrom’s Four Sizes of Photos

Engstrom Auction, long a favorite Proxiblog seller, shows four sizes of lot photos so that online buyers can make an education decision on how to bid. Several other of our favorite houses also provide the same courtesies. .



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The photo above, originally taken in large pixel size, appears as thumbnail and expansion for the first two sizes. Click on the photo, and it expands again:

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    Because the photo is large enough as a file, you can use the Proxibid full expansion button on the lower right side of the photo for a final fourth expansion, necessary to identify varieties and flaws.

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    Add to these features a 13% buyer’s fee, quality shipping and fine service, and you can see why we patronize Engstrom Auction.

    Would that other coin auctions on the portal learn from this example to increase sales and gain return customers.

    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.

Hidden Treasure on Engstrom

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As an auctioneer, ever wonder why a seemingly common coin goes for hundreds more dollars than it is worth? Could be you have a hidden treasure? We spotted and bid on one last week in Engstrom Auction. (Click to expand photos.)



Pictured above are three common 2008 Silver Eagles. Why did they sell for more than $400 with buyer’s fee?

Answer: One of them was the rare 2008 reverse of 2007 Silver Eagle, pictured below:

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We entered a small bidding war with the winner, but let him take it as the coin reached retail.

The 2008 reverse of 2007 Eagle has a “U” in “United that differs from the “U” in common 2008 coins. You can read more about how to spot one by clicking here.

This is an example about why auctioneers should read Proxiblog and Coingrader Capsule on Coin Update News. We will tell you how to spot similar treasure in your own consignments.

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 Wins “Best Auction” a Second Time

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Capitol Coin Auction has won our award for “Best Coin Auction” on the Proxibid portal, garnering “Best Shipping,” “Best Photography,” and “Value Added” honors with honorable mentions in “Best Descriptions” and “Best Consignments.” This is the second year in a row that Capitol Coin Auction has won the top honor.

A close second, once again, was Leonard Auction. It won “Best Consignments” with honorable mentions in “Value-Added,” “Best Photography” and “Best Descriptions.”

Star Coin and Currency made a great showing this year, winning “Best Timed Auction” with honorable mentions in “Most Improved,” “Best Descriptions” and “Best Shipping.”

Southwest Bullion and Coin also had a particularly successful year in our rankings, winning the competitive “Best Descriptions” category and honorable mentions in “Most Improved” and “Best Photography.”

SilverTowne Auctions won “Best Shipping” and had honorable mentions in “Best Descriptions,” “Value-Added” and “Best Consignments.”

Meares Auction won “Most Improved” and had honorable mentions in “Best Shipping” and “Best Consignments.”

Weaver Signature Coin and Currency Auction had honorable mentions in the important categories of “Best Photography,” “Best Descriptions,” “Best Consignments” and “Value-Added.”

The houses above are runners-up in our “Best Coin Auction” category.

We also praise and recommend our other houses that placed in our various competitions, including:

  • Back to the Past Collectibles
  • Black and Gold Auctions
  • Braden Auction Services
  • Decatur Coin and Jewelry
  • Engstrom Auctions
  • Five Star Auction
  • Fox Valley Coins
  • Gary Ryther Auctioneers
  • Heuckman Auction
  • Jewelry Exchange
  • Kaufman Realty and Auction
  • McKee Coins
  • Midwest Coins
  • Rolling M Auction
  • Schultz Auctioneers
  • Western Auction

We encourage all of the houses named above to continue improving in the spirit of service, competition and community that all auctioneers and numismatists share, serving our clients and memberships. Continue to embrace the ethics of both the National Auctioneers Association and the American Numismatic Association.

We also thank Proxibid for its Internet options, quality control and customer service and all houses specializing in coins. We encourage them to visit these award-winning houses above. We know there are some houses that we missed in our rankings; as always, our experience may differ from yours and you should consider these award-winners our favorites. In sum, 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 26000 views since inception.

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.

SilverTowne, Capitol Auction Win … “Best Shipping”

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SilverTowne Auction and Capitol Coin Auction win the shipping category because they send winnings to buyers without charging handling fees or higher fees for each additional lot (a practice that baffles us because the more lots a customer wins, the better for the house and Proxibid).

We wish more Proxibid auctions can learn from SilverTowne and Capitol Coin Auction. SilverTowne keeps it simple: “Auction lots will be shipped via US Mail within two business days upon receipt of payment. Packages $10.00 – $1,000.00 will be shipped Insured US Mail. Packages $1,001.00 and over will be shipped UPS.”

Capitol Coin Auction, which won the category last year, has one of the best policies on the portal:

    Shipping Instructions: All items will be shipped via the U.S. Postal Service. The Buyer is responsible for the actual cost of shipping and insurance. Unlike most other auction companies, we DO NOT charge our buyers a fee for handling or packing their purchases. All items are shipped within 2-3 business days following the auction.

Some auction houses on Proxibid refuse to ship in-house, using third parties that require your credit card data (unsafe practice) or charge ungodly fees for coins, even though supplies are free at the US Post Office. Take a look at this post about one such company.

Compare that with the shipping terms of service from our other Honorable Mention houses:

Engstrom Auctions


Coins and jewelry will be shipped via United States Postal Service to locations in the United States at a flat rate of $10 (shipping, and handling) for most orders, which will be added to your invoice. … All packaging is done by Engstrom Auction employees. We double check your items against our packaging slip to ensure you get the correct items.


Five Star Auction

Shipping Instructions: Buyers will pay actual shipping cost with no handling fee. Shipping will be within 2 business days of receipt of payment for item (items) purchased. Your credit card will be charged for shipping at this time. We will ship coins anywhere in the world and shipping will cost accordingly. Multiple items will be combined to save shipping costs when applicable.


Star Coin and Currency

Shipping Instructions: We provide fast low cost shipping to our bidders. We ship most items for $4 or less for all items won. Sometimes additional postal services or insurance may be added to the invoice if need, based upon value, weight, size and destination.


Meares Auction Group

Shipping Instructions: Minimum shipping charge for is $2.00 and the prices will be adjusted with the number of items that you purchase. The prices do not double or triple, but reflect the weight shipped and the distance that they are shipped. For more information you may log onto http://www.usps.com for shipping rates and zone information. We insure packages up to the purchase price.


Jewelry Exchange

Shipping Instructions: Packages valued under $100 are sent uninsured via USPS First Class Mail or Priority Mail; packages valued at $100 to $499 are sent via USPS Insured at the buyer’s risk; packages valued at $500 or more are sent via USPS Registered Mail. Shipping is charged at the USPS published rates.


We congratulate SilverTowne and Capitol Coin Auction and our Honorable Mention houses for their emphasis on shipping inexpensively, quickly and securely.

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.

Meares Auction Group Wins … “Most Improved”

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Meares Auction wins our most improved category for enhancements in photography, descriptions and consignments–quite a leap, considering these are among the most desired characteristics of top online houses.

Meares Auction featured a frenetic series of high-bid bankruptcy auctions in August, with 5% buyer’s fee, among the lowest on Proxibid. We anticipate Meares Auction Group to improve even more as the company is building consignments for 2014 auctions.

Below is an example of Meares’ photography enhancements (click to expand).

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Close second to Meares is another long-time Proxibid auction house. Gary Ryther Auctioneers enhanced photography, consignments and descriptions. See this article in Coin Update News.

Meares’ low BP was the reason his house surpassed Ryther’s.

Rolling M Auction won the “Most Improved” award last year, again because of enhancements in photography. That company is an honorable mention this year, with slight improvement in photography. Rolling M. would be one of our top favorite houses if it upgraded its photography one more notch, primarily to capture luster in raw coins. Its consignments are among the best on the portal, and its publicity and promotion excellent.

If you are an auctioneer and want to earn top dollar for your consignors, you need to work on photography.

We have mentioned in prior posts that competition has increased on the Proxibid coin portal. That is why we have a bevy of honorable mentions this year for houses that have either upgraded photography, descriptions or both. They are:

  • Back to the Past Collectibles
  • Braden Auction Services
  • Engstrom Auction
  • Jewelry Exchange
  • Midwest Coins
  • McKee Coins
  • Star Coin and Currency

Back to the Past Collectibles is in the process of improving photography. Engstrom Auction is dedicated to continuous improvement and routinely solicits feedback on its auctions. Jewelry Exchange, known for accurate descriptions, is working on photography to capture luster. Midwest Coins has improved photography. McKee Coins’ photography is much improved. We’re waiting for top-dollar consignments, though. Star Coin and Currency has honed descriptions and photography, too.

Next category for TOP Awards is Best Descriptions, featuring some of Proxiblog’s favorite sellers. Stay tuned!

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.

Nearly 20,000 Views, New Rankings!

Proxiblog’s audience keeps growing with close to 20,000 views worldwide in the past year, as bidders register to read about top coin auction houses. Speaking of which, after points were tallied for consignments, photography, lot descriptions, buyers’ fees, customer service, shipping and numismatic knowledge, we were as surprised as you might be in discovering 5 houses tied for highest scores. Listed alphabetically, they are Capitol Coin Auction, Key Date Coins, Silvertowne Auctions, Weaver Signature Coin and Currency Auction, and Western Auction.

Note: Regular postings to begin on Sunday, Aug. 5.

Beginning next week, we will do spotlight features on each of these houses, noting what makes them so special–including what practices they follow–so that bidders and auctioneers can benefit from our reviews.

Making her debut in our top rankings is Debra Johnson of Auctions Unlimited, which has one of the lowest buyer’s fees on Proxibid at 10% and which also dropped transparency notices. Midwest Coins also did likewise, and we’re happy to include this fine Iowa house in our rankings. Braden Auction Service also enters our top houses in the sidebar to the right.

While the competition in the Coins and Currency page on Proxibid continued to grow, Proxiblog’s audience also grew in the same five-month time period. Our audience is closing in on 20,000 views. The United States, by far, provided most of that audience; however, Proxiblog’s popularity is growing in Canada, Philippines, India, the United Kingdom and Australia.

The most accessed articles were “California Gold, real, replica and fake” and “Beware Dipped Coins.”

The most popular pages were “Boos and Booyahs!” and “Honor Roll.”

In the past five months we also had 18 total sponsors, with several sponsoring Proxiblog for several weeks and donating funds to our scholarship account. Sponsors include:

We thank these auction companies and numismatic publications for sponsoring Proxiblog’s scholarship fund to help ease student debt and create the next generation of auction-house bidders! If you would like to sponsor a week’s worth of Proxiblog, email mjbugeja@yahoo.com

Proxiblog Will Return in August

Typically at this time of year Proxiblog takes a few weeks off to recharge our numismatic batteries. You can explore our dozens of articles and more than 250 posts. Meanwhile, we would like to thank our sponsors who have been donating funds to our scholarship account to offset student debt. (If you have college-age children, or are interested in the quality of education, you should read about our concern by clicking here.)

We appreciate our sponsors!


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Auctions Unlimited


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Capitol Coin Auction


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Click Coins


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Engstrom Auction


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GreatCollections


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GWS Auctions


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Kaufman Auction


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Key Date Coins


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Krause Auctioneering


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James Peterson Auction


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Leonard Auction


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Matthew Bullock Auctioneers


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Scott Auctions


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SilverTowne Auctions


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This Week in Coins


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Weaver Signature Coin and Currency Auction


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Western Auction


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We thank these auction companies and numismatic publications for sponsoring Proxiblog’s scholarship fund to help ease student debt and create the next generation of auction-house bidders! If you would like to sponsor a week’s worth of Proxiblog, email mjbugeja@yahoo.com

More Viewers, New Rankings

As Proxiblog grew yet again to 18,000+ views since inception, and more than 4,000 in the past three months, competition in the Coin and Currency page of Proxibid has heated up significantly with top houses improving photography, lowering buyer’s fees and securing top consignments.

As far as audience goes, most views came from the United States followed by Canada, India, United Kingdom and the Philippines, with viewers from 60 other countries logging in at one time or another in the second quarter of 2012.

The five-part series on Proxibid vs. eBay by far was the most viewed item on the site followed by our Articles and Boos and Booyahs pages.

Moreover, several auction companies have donated $1000 for scholarships for the next generation of bidders, including Auctions Unlimited, ClickCoins, Coin Update, Engstrom Auction, GreatCollections, Kaufman Realty and Auctions, James Peterson Company, Key Date Coins, Krause Auctioneering, Leonard Auction, Matthew Bullock Auctioneers, Scott Auctions, Weaver Signature Coin and Currency Auction, and Western Auction.

Those and other houses are featured on our popular “On the Block” page.

Several of those houses also vied for top spots on our rankings. We judge companies by sharp and expandable photos, quick and inexpensive shipping, accurate lot descriptions, reasonable buyers’ fees, customer service and quality consignments.

Competition has never been keener. Silvertowne Auctions, which recently instituted timed auctions to accompany its several live sessions per month, held on to first-place status, but just barely, with five other auction houses only one point behind, essentially tied in second-place.

Rising toward the top was Southwest Bullion with its zero percent buyers’ fee, good photos, flat-rate quick shipping and numismatically savvy lot descriptions.

Consistently excellent sessions with choice consignments were held by innovative houses Weaver, Western and Key Date Coins. New to the top 10 is Capitol Coin Auctions, which lowered buyers’ fees and features some of the top consignments on the portal with numismatic lot descriptions, superior photography (among the best on the portal) and excellent service.

Leonard Auction shares many of the same attributes as Capitol. Six of the top 10 companies are run by auctioneers, and four by coin dealers.

Although several new houses are coming online in the Coins and Currency pages, including ones with 10% or lower buyers’ fees and flat-rate shipping, the rest of our top 20 have been competing now for months, with Honor Roll standards and cherry consignments. Fox Valley Coins makes its first appearance on our top rankings list.

Finally, you’ll note on top of the sidebar rankings an important observation concerning our criteria. Auction houses in our top 20 do not see maximum bids or allow ghost-bidding by auctioneers or employees. All rankings are based on Proxiblog buying experience to establish informed opinion. While other bidders’ experience may differ from ours or our mini-reviews, and while all such reviews are in part subjective, we wanted our bidders to know that we are ranking companies based on actual buying on the portal.

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.

Happy 1st Birthday to Us! Proxiblog surpasses 15000 views in 6 months!

We will let this map speak for itself–click to expand–showing 3400 views in the past six weeks with 15000 worldwide views in the past six months. We thank our auctioneers, our sponsors and Proxibid bidders.

In one year we have posted 200 articles and 450 photos. Our worldwide viewership is growing in Canada, Great Britain, India, the Philippines, and Australia.

We have advocated successfully for transparency notices, counterfeit detection, quality photos on both sides of the coin, accurate lot descriptions and so much more.

There is a virtual book in Online Auctioneering on our Articles Page. Our most popular page is “Boos and Booyahs.

We also have raised more than $1000 in the past six weeks for our scholarship fund!

We want to thank our scholarship sponsors, which include Weaver Auction, Western Auction, Key Date Coins, Scott Auctions, Leonard Auction, GreatCollections, ClickCoins, Coin Update News, Engstrom Auction, James Peterson Auction and Krause Auctioneering. If you would like to sponsor a week’s worth of Proxiblog, email us

Also, we now list 90 auction houses on our Honor Roll page. When we launched this site in May 2011, we only had 11 such houses, an indication of the competition that exists now on the portal.

Finally, we want to thank all of our viewers, our auctioneers, bidders and Proxibid employees who patronize our site. We rely on you and appreciate you more than you know, as you are contributing mightily to the hobby and helping auction houses and coin dealers transition to the Internet.