Capitol Coin Wins “Best Auction” a Second Time

7Best Coin Auction

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.

Leonard Auction Wins … “Best Consignment”

3Best Consignments_Leonard

Leonard Auction, operated by John Leonard of Addison, Ill., has won the category of “Best Consignments,” based not only on the caliber of rarities but also on raw coins that actually grade as described with PCGS or NGC. Fox Valley Coins was a very close second with its Nov. 23, 2013 auction featuring some of the best coins we had seen all year.

Western Auction won the category in 2013 and also in 2012, tying in that year with James Peterson Auction. This year both of those companies were included in Honorable Mention along with Fox Valley Coins, SilverTowne Auctions, Capitol Coin Auction, Kaufman Realty and Auctions, Weaver Signature Coin and Currency Auction, and Decatur Coin and Jewelry.

To give you an example of coins that John Leonard routinely offers, look at this slate of brilliant gold coins augmenting top-notch raw key date silver lots.

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Some of Proxiblog’s acquisitions from Leonard have been profiled in Coin World, as in this piece.

Among the best auctions in 2013 on Proxibid was the Nov. 23 session by Fox Valley Coins. See this slate of Morgans as an example:

FoxValley

The condition of coins in that auction had the look of “age,” lots stored away for decades in some vault or bank box. Bidding was frenetic, with almost every cherry lot selling at retail; or above.

Meares Auction Group also came close to winning with recent bankruptcy auctions. Darron Meares, auctioneer, also has some of the best terms of service on the portal, with low buyer’s premiums.

SilverTowne Auctions consistently offers some of the best lots on Proxibid. It holds more coin auctions than any other company on the portal and thus was a very strong contender.

And our long-time favorite, Weaver Signature Coin and Currency Auction, continues to impress us with frequent quality auctions, innovations and new directions.

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 List, Old Standbys on Top!

New rankings feature old stand-bys, all offering excellent consignments with sharp photos and numismatic lot descriptions. This month Western regains the top slot based on quality consignments of raw coins and Carson City offerings typical of a western USA house.

Essentially tied with Western was Leonard Auction, Capitol Coin Auction, SilverTowne Auction, Fox Valley Coins and Weaver Signature Coin and Currency Auction. All feature quality consignments with expandable photography. Their owners are both auctioneers and numismatists (or have employees on staff who are), meaning that each time their catalogs go up on Proxibid, they trigger excitement. One never really knows what one will find, but you can bet it will be good.

Rising in the rankings are Liberty Shops Auctions, Engstrom Auction, Star Coin and Currency, Jewelry Exchange and Meares Auction. Black and Gold Auction makes an appearance with 10% buyer’s fee, good consignments, acceptable photography and numismatic descriptions.

Returning to the rankings is James Peterson Auction, which features some of the best consignments in regular Proxibid auctions. Best, in that you can find the rarest, most desirable coins anywhere. However, the company also touts self-slabbed and bottom-tier coins–all MS67–that may be cleaned, sliders or low mint state. But descriptions will tout them as if slabbed by PCGS. If you know that going in, you can score big in his sessions without gambling on those bottom-tier slabs that top houses won’t even offer.

Proxiblog has scored big with viewers. We are approaching 30,000 views. The most popular post in the past week has been:

The all-time most popular post, averaging 25 views per week, is:

Finally, we thank auction houses invited to sponsor Proxiblog for their donations to our scholarship fund at Iowa State University. We also will donate for each copy of Basic Coin Design purchased on Amazon Kindle.

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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Engstrom Auction


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Krause Auctioneering


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James Peterson Auction


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Matthew Bullock Auctioneers


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Scott Auctions


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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

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.

Proxiblog Goes International: New Rankings and Sponsors

In as much as Proxibid registers bidders from around the world, small wonder that Proxiblog–which covers the portal’s coin auctions–also should go global. Click picture to expand, and you will see where our 1500-plus views came from in the first 21 days of March.

Our site has logged 13,000 views in the past six months. What does this mean for those who follow our blog?

First of all, those who have sponsored a week’s posts on Proxiblog–GreatCollections, Weaver Signature Coin and Currency Auction, Western Auction, James Peterson, Krause Auctioneering, Leonard Auction and Scott Auctions, to name a few–are getting their “donation’s worth.” Companies that sponsor our site for a week simply visit this link and typically make a tax-deductible donation from $10-$1000.

This week we will feature our first numismatic publication, Coin Update, as official sponsor.

Our most popular posts include “Boos and Booyahs,” “Articles” page (a virtual text in online auctioneering), and the series on “Consignor Viewing and Maximum Bid” policies.

All the while we have been keeping track of coin auctions, sparking new rankings in the right sidebar. Several of these auction companies are thriving because of ever better consignments, sharper expandable photos, inexpensive shipping and monthly specials.

All meet our Honor Roll standards of 15% or lower buyer’s fee. These houses also typically invest in APN clearance and schedule regular coin auctions, in some cases, a half dozen or more per month.

Weaver Signature Coin and Currency Auction remains doggedly in first place, primarily because Dave and Cheryl Weaver surprise us each month, be it with snappy online advertisements, shipping specials, expert photography, accurate lot descriptions, and low online buyer’s fees (10%, with occasional discounts on gold).

Western Auction continues to hold on to second place with superior consignments, photography and quick, inexpensive shipping.

We’ve seen continuous improvement in Meares and Rolling M. Auctions, with Engstrom Auctions gearing up for more enhancements in the coming weeks, soliciting bidder feedback–nice touch, that!

Other top-ranked houses typically do not see prebids or allow consignor bidding. We still include those in our rankings because of our own transparency about that, especially our top-viewed series on the topic, as referenced above.

If you are an auctioneer, we hope you will continue to visit Proxiblog for best practices. If you are a bidder, we hope that you will find our posts informative on how and where to spend your numismatic money. And if you are a sponsor, or would like to become one, we thank you on behalf of college students, easing their debt with scholarships and ensuring the next generation of bidders.

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.

Top Houses Upgrade Coin Photos

Pictures are worth more than a thousand words online, and these showcase Proxiblog award-winning companies Weaver Auction, Western Auction, Key Date Coins, Rolling M, James Peterson and Leonard Auctions, which have enhanced their already-sharp photography with a zoom feature for complete numismatic examination.

Weaver Auction won a best photography award earlier this year; Leonard and Key Date auctions, four honorable mentions across categories, including photography; Western, best consignment and three honorable mentions, including photography; Rolling M Auctions, a most-improved mention; and James Peterson, best consignment.

If you’re going to pay Proxibid, credit card and APN fees, and you snare a top consignment, you are only cheating yourself if you do not invest in clear, expandable photos of your coins. Gone are the days when blurry photos hide flaws in the hope that bidders will hunger for a bargain and take chances. There are just too many online savvy houses stealing new and return bidders with fine photography, and the new zoom feature as illustrated in the examples below will attract even more.

Also, by enhancing photography, you put more responsibility on the bidder, as this picture illustrates. Click picture to view.

Bidders access the zoom feature by clicking on the thumbnail followed by the lot photo and then clicking on that. In the lower right corner is a button for “full screen.” Click picture to view.

Some auction houses have an expand feature but no zoom when this button is clicked; others just reprint the same size photo. The zoom feature, however, lets bidders examine a coin in specific places as if holding a loop to the metal. To be sure, inspecting a coin in person is still the preferred method; but these houses (and others not featured here) have displayed photos every bit as informative as what might be found on the large houses such as GreatCollections, Teletrade and Heritage.

Before displaying their photos, some final thoughts:

  • The better the consignment, the sharper your photos must be to spark bidding wars.
  • The less you know about VAMs and other varieties, the more you need zoom features for bidders looking for these attributes
  • The more you sell online, the sharper and larger your photos must be to stay competitive with houses such as featured below (click photos to expand).

In closing, you owe it to your business and consignor to display rare coins and precious metals with the digital photography that they deserve, especially as both the auction and coin business gravitate to the Internet. It’s an added cost, to be sure; but as these top houses know, a necessary one.


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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.

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.

James Peterson and Western Auction tie for “Best Consignments”

James Peterson Auction, an Edina, MN firm, and Western Auction, Cheyenne, Wyo., had spectacular auctions on a regular basis on Proxibid, earning them the TOP Award in this competitive category.

This was a hotly contested category based not only on one or two consignments but regular ones on Proxibid, with special consideration for newsworthy events, in this case, good and bad.

James Peterson’s house sold a lot that was featured on the front page of the May 30, 2011 Coin World, a unique silver bar that realized $12,210. “It’s a heck of a piece of Americana,” Peterson told Coin World. We agree.

Western Auction showed the fortitude of a top Proxibid house after one of its most valuable consignments was stolen. You can read about that here. Other houses would have raised buyer’s fees or taken shortcuts on future consignments, but auctioneer Dave Zwonitzer showed his Wyoming grit and kept scheduling regular auctions with even better consignments, on occasion, and a low buyer’s fee of 10%.

Other houses earning Honorable Mention also deserve high praise. Their consignments also were remarkable. They include Capitol Coin Auction, Hall’s Auction, Gaston and Sheehan Auctioneers, Leonard Auction, and Weaver Signature Coin and Currency Auction.

Booyah to all!

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.