Consider Coin Auction Specials

As Proxibid increases its coin auctions, which we reported in yesterday’s post, more top auction houses are running specials.

Coin auctions are known for monthly specials, whether it be in no-reserve auctions, lower buyer’s fee, flat-rate or even free shipping, and other promotions to recruit bidders.

Before sharing a few samples, we want to remind you to showcase your own specials in the header section featured on Proxibid’s "Coin and Currency" page. We've seen specials buried in terms of service.

See how Cece’s Sales and Key Date Coins announce their specials, featuring no reserve and low buyer’s fee in addition to the featured coins of each session. (Click picture to expand.)

Here are specials running this week or that just concluded:

No Reserve Specials

Midwest Coins: Certified coins throughout! Copper to Silver, Proof/Mint sets, & other coin type sets. NO RESERVE! 100% ONLINE only, SUNDAY at 6 PM CST!!! Prebid now or join us LIVE!!!!

Hradil Auction: Type Coins, Morgan Dollars, Peace Dollars, Bullion, Graded Coins, Key Dates, Gold, Silver Eagles, Absolute Sale, All Items Change Ownership Day of Auction, No minimum, No Reserves, No Shills.

Compare the allure of specials above to these announcements in the header section by three auction companies:

  • “Collectibles, coins, sportscards, jewelry and more.”
  • “Sports Memorabilia, Jewelry,Coins & Collectibles”
  • “Morgan and Silver DOLLARS!!!!!!”


Low Buyer’s Premium

Auctions Unlimited: “Coin & Currency Auction Only 10% BP”

Weaver Signature Coin and Currency Auction: “New Lots & Images added daily. Special emphasis on Silver Dollars. Many Key Date Coins. Classic Currency. LOW 10% Buyer Premium, 5% on Gold 1 oz or $20 Eagles.”

Compare to: “Internet Buyer’s Premium: 22 %; Sales Tax: 5.000% – Tax may apply to the total invoice, including Buyer’s Premium.”


Inexpensive shipping

Scott Auction: 100+ SILVER MORGAN & PEACE SILVER DOLLARS – 1921 & (2) 1928 KEY DATE PEACE $ – $300 X 90% & $100X 40% SILVER – MINT & PROOF SETS – COPPERS & CURRENCY + MUCH MORE w/ **********$1O SHIPPING*************

Weaver Signature Coin and Currency Page
: March Special: Buy More, Save More! Flat $9 Insured Shipping Fee with NO extra Handling Charge-No Matter How Much You Buy.

Compare to: “There will be a $5.00 shipping fee per item.”


Specials not only attract and retain bidders, but also publicize to competitors that you are doing just fine. Don’t underestimate the message that sends to clientele. When you’re confident, sellers consign and buyers bid with confidence!

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.

Boos & Booyahs: Best & Bad Auctioneer Lot Descriptions

It’s more important now than ever with the new Proxibid redesign to showcase your photos, hone your lot descriptions, and highlight your consignments for top bids on the leading portal! In the latest installment, Proxiblog laments and compliments best and bad auctioneer lot descriptions during the past week. We will name the best, but you will have to search Proxibid for the bad. (Click pictures to expand and view lot descriptions below.)

Booyah Black and Gold Auction! for noting rim dings that many auctioneers overlook when selling coins but that affect the grade.


Boo! to this unnamed auction house that states that an 1911-D quarter eagle is the key to the series but inappropriately leaves out the reverse picture of the coin, knowing there are “strong” and “weak” “D”s worth hundreds of dollars’ difference in price. Actually, only the “strong” D is key to the series; but would you place a high bid in the thousands without seeing the reverse? Would you pay $5,000 for seeing only half of a used car? (You get the picture–NOT.) This house specializes in coins, too. Sigh.


Booyah! to Hradil Auction for noting that a coin is a copy. It’s important to state that even if the word “copy” is on a flip or visible on the coin itself. You never want to be accused of selling copies without identifying coins as such.


Booyah! to Hi Dollar Auction for noting that this set lacks the original envelope–a fact that few auctioneers would bother to state but that one which affects value. Nice job.


Booyah! to Munda Auction for providing good photos and stating that this coin has been polished. Again, it’s important to note that in the lot description even if the word is on the flip.


Boo! to this unnamed auction house that quotes the PCGS price list for a coin holdered by a lower-tier entity. You have a PowerBall’s chance of getting $3300 for this coin. And why the estimated value of $300? This coin will most probably grade MS68 or MS69, with the latter worth $38.


Booyah Leonard Auction! for calling a bottom-tier company’s grade for what it is–polished and buffed. This is how you do it without citing PCGS’s price list for this coin.


Booyah! to Scott Auction for noting scratches that might not be visible on the coin from the provided picture. Yet another lot description that helps the reputation of the auctioneer.


Booyah! to Silvertowne Auctions for noting cleaning and other defects on coins. Larry Fuller’s reputation as a grader is one of the reasons bidders look to Silvertowne for lot descriptions.


Booyah! to Weaver’s Auction, our top house, not only because of the great consignments but also because of the lot descriptions that note coin doctoring. Thank you, Dave and Cheryl Weaver!


Viewers can point us to other candidates for our “Boos & Booyahs!” series. Just leave a comment but follow our rules–all in good fun as a way to inspire accurate lot descriptions on Proxibid.

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.