Capitol Coin Auction tops list!

Competition among top coin-selling houses on Proxibid has become even keener, with only fractions separating one favorite company from another. Only one scored a full 25 points in all categories: quality consignments, detailed descriptions, quick and inexpensive shipping, superior photography, expert grading, reasonable buyer’s premium and other value-added considerations. Not only is competition growing, our audience is too, surpassing 1,600 views for the first 28 days in April.

Capitol Coin Auction continues to feature some of the best numismatic estate auctions on the portal. Every few months it schedules an auction with key date coinage and holdered rarities. Moreover, as we noted in this recent post, Brad Lisembee ranks among the best graders in the business along with John Leonard of Leonard Auction.

Also high on the numismatic grading list are Dave Nauert of SilverTowne Auction, Justin Quinn of Southwest Bullion and Coin, Dave Weaver of Weaver Signature Coin and Currency Auction, and Sean Cook of Liberty Shops Auctions.

These were ranked ever so close behind Capitol at 24.5 each out of 25, along with Western Auction (one of our personal favorites) and Fox Valley Coins.

Returning to the portal is Kaufman Realty and Auctions, with strong consignments, numismatic lot descriptions and good photography. If it shipped more quickly, it would challenge other top houses in our rankings.

Darron Meares, one of our favorite auctioneers, elevated his company to the top rankings, too, with great consignments and much improved photography. Engstrom Auction continues to improve with better consignments. Its photography has been good, and its customer service is fine, too.

Essentially, you should have an exciting time in the spirit of traditional auctioneering bidding in any auction by these top-houses.

Rolling M Auctions is one of our favorite houses. Mark Murphy is going a fantasic job for Rolling M. with great consignments and fine pre-auction advertising. We think he can still do better with sharper photography that captures luster and provides an onsite view for the Internet crowd.

Key Date Coin continues to showcase the best photography and auctions always worth a look. We advocate for better consignments as Eddie Caven knows how to feature premium lots. Star Coin and Currency continues to impress with improving consignments, neat photos and numismatic lot descriptions.

New on the list this month are Atlantic Auction Company and Cannon Auction whose Honor Roll features include 15% buyer’s fee, good photography and numismatic lot descriptions.

Online buyers expect:

  • Rapid shipping with professional packing.
  • Sharp, expandable photos of both sides of a coin.
  • Accurate lot descriptions.

That said, our rankings are reviews of favorite houses based on our buying and/or selling experience and numismatic expertise. Your experience with our top houses may differ from ours. Our intent is to educate and praise whenever possible–to our own buying detriment, at times! We have seen when we showcase an auction house how bidding becomes more intense, often edging out our own bids.

Perhaps this is due to the rise in our viewership. As the screen shot below shows, more than 1600 page views were logged in the first few weeks of April alone.
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The favorite and most accessed page? “Boos and Booyahs.” The all-time most favorite post? “California Gold: Real, Replica and Fake,” which gets on average 100+ views per month from all over the world, indicating once again that auctioneers need to take care before they label those tiny yellow tokens “gold.”

Also becoming more popular are our “Find the Flaw!” features, designed to improve grading skills.

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 next to last rankings of 2012 shows the level of competition by some of the best houses on the portal. Our rankings are based on our personal experience. Your experience may differ from our reviews. That said, let’s look at the innovations being made on Proxibid.



So very little separates our top 10 houses. Western claims the sole #1 spot because of superior consignments that grade well with the most rigorous holdering company in the business, PCGS. Speaking of PCGS, Weaver Signature Coin and Currency Auction sold a rare Regency holdered Morgan, which we won in a bidding war and which is being profiled in an upcoming edition of Coin World!

Whenever Leonard Auction and Capitol Coin Auction host a Proxibid session, you can be sure of some of the best consignments being offered with PCGS-accurate grading … and intense bidding. Auctioneers John Leonard and Brad Lisembee rank among the most knowledgeable and competitive coin sellers in the business. You can count on their photography, too. We’re never disappointed.

Sean Cook and Larry Fuller also are consummately professional graders. Cook manages Liberty Shops Auctions, a house that continues to rise in the rankings because of 0% buyers’ premium and fine photography with inexpensive, quick shipping. We’ve touted Larry Fuller of SilverTowne more than any other grader on the portal. Larry had to take a short break in the past few months. We didn’t realize that but saw a small decrease in grading. That’s how we found out about the hiatus of our friend, who is back and grading again, for which we are thankful.

SilverTowne also has scheduled regular timed auctions. Some real bargains can be had there.

We also appreciate Darron Meares of Meares Auction, one of the most knowledgeable and accomplished auctioneers in the country. He’s making innovations again in lower buyer’s premiums and catering to the seller in stiff competition. We bid often in his auctions, but we do so wholesale, as our intent is to slab and sell our coins and help our scholarship fund. But we have a hard time winning anything wholesale in Meares’ auctions because he’s an expert at drumming up competition. Our hat’s off to him!

Eddie Caven of Key Date Coins provides some of the best coin photography on the portal. He’s been specializing in MS63-65 Carson City dollars, which always brings a crowd, as well as an assortment of older mint sets and uncirculated Franklin halves, among other denominations.

Mark Murphy of Rolling M. Auctions draws competitive onsite and online crowds and offers a good selection of slabbed coins from top companies. We also like Kaufman Realty Auctions whose consignments are nifty. Shipping is a tad slow, though; but if you’re patient, this is a great place to acquire Morgans and uncirculated rare silver denominations.

Back in our top companies is Jackson Auction, which recently had a terrific session with Morgans and slabbed coins from superior grading companies. Auctions Unlimited has a low 10% BP and has offered of late a good selection of mint sets, including rarer prestige ones.

And then there is the slow riser, Back to the Past Collectibles, creeping up from the lower ranks to the top tier of our rankings. We’re seeing increasingly delectable consignments, acceptable photographs and low buyer’s premiums.

We’re also buying from Midwest Coins, which has relaunched with new emphasis on bidders. Owner Charles Commander is a numismatist who ships quickly and is always on the hunt for good consignments.

Consider these top companies Proxiblog favorite sellers, much like you might find on eBay. We’ll continue to bid with new houses and patronize ones in our rankings to cover as many old and new coin auctions on Proxibid. As we state regularly, you may have a different experience as auctioning coins is complex, requiring numismatic skills, labor-intensive photography, and target marketing.

We remain amazed at how our top houses continue to produce, month after month, and serve the hobby.

And as always, we thank sponsors of Proxiblog. You keep us posting, and your generosity is appreciated. Sponsors are invited to showcase their companies, and we only invite those houses whose practices we have known in the long term. We reserve that right. We don’t advertise. We don’t accept payments to us personally as all donations go through the Iowa State Foundation’s scholarship fund.

Finally, we thank Proxibid, especially Jason Nielsen for establishing ever stronger quality control measures. We are an independent site, dedicated to covering the company which, we believe, offers the best coin buys of any portal, including eBay.