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.
Proxiblog's Top Online Coin Auctions 