Proxibid Lists Top Sellers

top sellers

Proxibid has established a new ribbon and begun ranking top-selling auction houses in the Coin and Currency category. They are in descending order Liberty Shops, Southwest Bullion, Cece’s Sales, James Peterson Company and SilverTowne Auction. Proxiblog congratulates these sellers!

We applaud Proxibid for listing top sellers in each category of auctioneering. Company spokesperson Dana Kaufman says, “Our top sellers are evaluated on a monthly basis. Overall, they are selected based on activity – online sales to Internet bidders – and all sellers must meet minimum requirements for volume and number of auctions to be considered.”

These criteria make sense as Proxibid is dedicated to providing an online auction experience to those unable to attend sessions in person or travel to multiple auctions being held at the same time.

Proxiblog’s rankings in the right sidebar are based on numismatic as well as auctioneering considerations, including such criteria as shipping, buyer’s premium, quality of consignments, photography, accurate descriptions, grading prowess and value-added considerations, such as customer service.

In that light, we’re happy that three of the top sellers also are included in our rankings.

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.

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Proxiblog Is Sponsored By …

Liberty Shops Auctions


Welcome to Liberty Trading Post!

Liberty Shops Auctions, also doing business as Liberty Trading Post, continues to set standards on the Proxibid coin portal. A newer top-ranked house on Proxiblog, auctioneer Sean Cook has helped his company win Honorable Mentions in our annual awards program for the best timed auction, the best value added, the best descriptions and the most improved.

Sean continues to innovate, which includes inexpensive shipping and ZERO buyer’s premium. A few other coin auctions have offered low or zero buyer’s fees, but Liberty Shops Auction adds value to that with customer service, grading expertise and numismatic descriptions accompanied by expandable visuals so that bidders know what they are getting in word and photo.

Liberty Shops Auctions regularly features Proxibid sessions that include U.S. and World gold coins, GSA dollars, Morgan and Peace Dollars, Walking Liberty Half Dollars, Kennedy Half Dollars, Mercury Dimes, Indian Head Cents, Type Coins, as well as all modern issue coins and bullion.

Sean Cook also communicates quickly with bidders and focuses on customer service to get return bidders. His company’s values include warm, pleasant and friendly interaction.

If you are interested in bidding in or consigning to his auctions, or in visiting his online store, feel free to contact him at:

Email: libertyshops@hotmail.com
Web: http://www.libertytrading.net/

Sean Cook
Liberty Shops Auction Service
Vandalia, Illinois
618-283-9244 or 618-283-9156

Proxiblog thanks Sean Cook and Liberty Shops Auctions for sponsoring this week’s Proxiblog and for donating to our scholarship fund. While we welcome donations from our audience, Proxiblog invites high quality houses for sponsorship because we want to promote the best on Proxibid to our viewers.

Capitol Coin Wins “Best Auction”

7Best Coin Auction

Capitol Coin Auction has won our award for “Best Coin Auction” on the Proxibid portal, garnering “Best Shipping” and “Best Descriptions” honors and honorable mentions in “Best Photography,” “Best Consignments,” and “Best Value Added” categories.

Because competition was so tough this year, with more auctions in the running for awards than last, the spread between “Best” and runners-up was narrow.

As we indicated in our last ranking of favorite auctions listed in the right sidebar, Capitol Coin Auction has been the only house to achieve maximums in all categories, and this played out as anticipated in our “Top of Proxiblog” Awards.

A close second was Leonard Coin Auction, which performs on par or slightly better than Capitol in all categories, including “Value Added.” When judging ended and scores were tallied, the two houses virtually tied; however, the margin of difference was Capitol’s lowering a previously higher BP to 15%, the recommended percentage for online buyers.

Leonard Auction won the “Best Value-Added” category in addition to being an honorable mention in “Best Descriptions,” “Best Photography,” and “Best Consignments.”

We also praise and recommend our other honorable mentions in the “Best Coin Auction” category, including:

  • Key Date Coins, which won “Best Photography” and was an honorable mention in “Best Descriptions” and “Best Shipping.”
  • SilverTowne Auctions, which won “Best Timed Auction” and placed in “Best Descriptions,” “Best Consignments” and “Value-Added” categories.
  • Weaver Signature Coin and Currency Auction, which placed in “Best Descriptions,” “Best Consignments,” “Best Photography,” and “Best Value-Added” categories.
  • Western Auction, which won “Best Consignments” and placed in “Best Photography” and “Value-Added” categories.

We also wish to congratulate all those auction houses who won or placed in our awards, including:

  • Back to the Past Collectibles
  • Braxton’s Auctioneering
  • Engstrom Auctions
  • Five Star Auction
  • Fox Valley Coins
  • Jewelry Exchange
  • Kaufman Realty and Auction
  • Liberty Shops
  • Matthew Bullock Auctioneering
  • Manor Auction
  • Meares Auction Group
  • Midwest Coins
  • Rolling M Auction
  • Star Coin and Currency

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.

Capitol Coin Auction Wins … “Best Descriptions”

1Best Descriptions

Capitol Coin Auction, operated by Brad Lisembee of Evansville, Indiana–a top-ranked house through much of 2012 on Proxiblog–has won the category of “Best Descriptions,” based on numismatic knowledge–especially the ability to identify flaws and rarities in consignments.

Once again, this was a close competition, as you will see in the Honorable Mentions category, with eight houses named whose auctioneers also are experienced numismatists. Last year’s winner was SilverTowne Auction (Honorable Mention this year) which still enjoys veteran numismatist Larry Fuller calling coins as he sees them.

Other Honorable Mentions are Key Date Coins, Leonard Auction, Liberty Shops, McKee Coin Auction, Star Coin and Currency, and Weaver Auction. (Key Date, Leonard and Weaver were Honorable Mentions last year, along with Capitol Coin.)

Click and expand the picture below to see how Brad Lisembee describes and adds to uncommon Civil War tokens slabbed by a top company.

Capitol

To give you an idea of how much information Capitol packs in its descriptions, click and expand the photo below.

Capitol1

As noted previously, several Honorable Mention houses gave Lisembee a run for his “money,” literally. SilverTowne’s Larry Fuller was present most of the year with his snappy descriptions; Sean Cook of Liberty Shops Auctions remains one of the most meticulous graders on Proxibid; John Leonard of Leonard Auction is a conservative and respected numismatist; Owen McKee is sharing more of his numismatic knowledge; and Eddie Caven of Key Date Coins continues to describe flaws and VAMs with honesty and precision along with Dave Weaver of Weaver Auction and Jim Haver of Star Coin and Currency.

Moreover, all of the auctioneer-numismatists named above put a high premium on customer service and return customers. That’s why we’re delighted to honor Brad Lisembee with our Best Description Award and the above houses as Honorable Mentions in that category.

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.

ZERO BP, FREE Ship Auction

Liberty Shops Auctions has joined Southwest Bullion in offering a ZERO percent buyer’s premium with APN clearance. Only this auction also comes with free shipping.

Liberty Shops’ coin auction today features silver half dollars, Morgan and Peace dollars, Walking Liberty and Kennedy halves and Silver Eagles, among other denominations.

Auctioneer Sean Cook has tested low buyer’s premiums and free shipping as opposed to a low 8% buyer’s premium and attests that these auctions draw bidders and competition.

Liberty Shops also features numismatic lot descriptions and expandable digital photographs.

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.

Reagan-Watson Auction posts ZERO BP

Reagan-Watson Auctions of Milford, Delaware, is conducting a ZERO percent online buyer’s premium in its Sept. 16 estate auction, featuring several dozen lots of coins, including Morgan dollars.

We’re seeing more newcomers to Proxibid going below the previously low BP of 10% by such auction houses as Western (which once hosted ZERO percent auctions in 2010).

Southwest Bullion features regular ZERO percent BP. Liberty Shops Auction is running 8% BP coin auctions.

All three do not see maximum bids, have APN clearance, good photos and lot descriptions, plus reasonable shipping.

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 important to be in sync with the Proxibid technology 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.)

One Big Booyah to Capitol Coin Auction for this comprehensive lot description about an encased collection of Morgan dollars. Others might have just left the description at that, but Capitol evaluates each coin and gives a best-guess estimate so that bidders gain knowledge before placing their maximums. Moreover, the auctioneer accompanies that comprehensive lot description with sharp, expandable photos. We can ask for nothing more!


Booyah! to GWS Auctions for jam-packing this lot description with mintage, value, variety and condition. We’ve noticed other auction houses beginning to do the same as an indicator of numismatic integrity. We’re happy to see it!


Booyah! to Liberty Shops for catching a tell-tale mark of a counterfeit coin, even one that the forger made using silver. Some might not put such a coin on the market, but some hobbyists and coin clubs purchase counterfeits as educational tools to help identify fraudulent coins put up for auction or sale.


Booyah Weaver Auction! for noting that this coin has been whizzed, or tooled, even though the flip only says “cleaned”–with a question mark. We have no question that this coin has been whizzed, and we complement Dave Weaver for identifying it in the lot description. (Larger photo used here so that viewers can see the tell-tale smoothing on Lady Liberty’s cheek.)


Booyah Auction Orange! for identifying a scratch on this rare 1914-D cent, a key date. The scratch was small and might have been missed by a bidder. By calling attention to it, the auctioneer is ensuring that the buyer should have few complaints. That’s why lot descriptions are so important.


Booyah Key Date Coins! for challenging the information on the flip and reporting that the coin, a key date 1949-D Franklin half, is NOT almost uncirculated but has been cleaned. This is why Eddie Caven continues to be among the most conscientious on Proxibid. We applaud his numismatic integrity!


Boo! to this auctioneer for calling a brass replica a California gold token. Yes, there are gold tokens, made as souvenirs in the 1930s, but they have distinct markings and need to be tested for gold content and weight. While we’re at it, every auction selling jewelry and coins should purchase a gold tester precisely for this sort of thing.


One Final Booyah! to Weaver Auction for correcting identifying an authentic California gold quarter dollar, as the reverse of the lot shows. Don’t be fooled by consignors selling fake California gold. Use this post as your reference.


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.