For websites that connect buyers to sellers, the idea of there being some actual person monitoring every aspect of each transaction is an important consideration. It’s not always the case—often sites are controlled by algorithms and programmatic interactions with little human oversight. But what happens when something goes wrong? Fraud Prevention in the Proxibid Marketplace Proxibid has a robust…
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Imagine that, overnight, owning high end collector cars, like Porsche 911 or Ferrari Scuderia, goes from a pipe dream to an affordable reality. When the U.K. voted to leave the European Union, the British Sterling tumbled to a 31-year low. As the U.S. Dollar stretches further across the pond, large and highly valued purchases like high end collector cars become…
When and How Buying Online Benefits Your Business When contemplating the purchase of high value commercial or industrial equipment there are many considerations. Once the assets have been identified, and the due diligence is done, the way a business owner buys equipment can make a big difference in the overall cost. Buying online offers significant advantages over traveling to bid…
When a buyer attends a heavy construction equipment auction, they expect to see well-used equipment, some with defects. They kick the tires and evaluate the condition before throwing their hat in the ring, calculating how much the piece is truly worth. Beginning July 29, a different kind of heavy equipment auction will take place live online with Proxibid and onsite near…
Last week, Proxibid celebrated our 15th birthday. Let’s take a look back at where we’ve been over the past 15 years. Proxibid was founded in July 2001 to provide auction companies with the ability to sell to bidders through an online portal. The formative years were spent at the Scott Technology Center Incubator on the campus of the University of…
Barrett-Jackson, the World’s Greatest Collector Car Auctions, is gearing up for the highly anticipated Northeast Auction at Mohegan Sun. As the first event at the venue, a quick glance at the auction docket proves that the event will be as grand and exciting as can be expected from Barrett-Jackson. Online registration is open for Barrett-Jackson’s Northeast Auction now. The majority of…
When you get right down to it, life is a network of partnerships. Families, friendships, corporations, and teams are all social contracts based on the mutual benefit of all involved. The ability to work together is absolutely essential to success. At Proxibid, we believe strong partnerships are essential to our own success and creating these partnerships is a top priority….
Few auctions on Proxibid have garnered as much attention as the Shirley Temple auction, held in Kansas City in July 2015. This massive auction of Shirley Temple’s personal estate—580 pieces in all—comprised of dolls, dresses, props, personal belongings, art, and more drew attention of the masses. Die-hard fans came decked in costume, museums sent curators, curious masses and even Shirley’s…
We use the tagline “You want it? You need it? We’ve got it.” because it continually rings true. Our Marketplace is filled with highly valued items you can’t find anywhere else, but sometimes we’re surprised how much those items are truly treasured. In this week’s blog we’ll go over four items that sold for WAY more than we expected. …
The Elegance at Hershey is known among car collectors as an excellent opportunity browse rare and vintage automobiles. Enthusiasts from around the world converge on The Hershey Hotel in June to experience vehicles ranging from pre-war classics to modern sports cars, imports, military vehicles, and race models spanning several decades. In 2016, The Elegance at Hershey will feature an auction…