Press Release - January 7, 2003

Heritage Auctions Leads Coin & Currency Auction Market Again With a Record $76.6 Million in Sales

DALLAS, TEXAS: Heritage Numismatic Auctions (HNAI) and Currency Auctions of America (CAA) posted $76,664,096.08 in coin and currency auction net sales for 2002, making it the leading numismatic auctioneer, by a wide margin, for the second year in a row. $76.6 million is significantly above last year’s total, and represents the highest numismatic auction sales by any company in any year.

All numbers include Heritage’s 15% Buyers Premium, but do not include direct private treaty sales. These figures only include those items that actually met reserve and do not include consignor buy-backs.

Heritage was also the #1 collectibles auctioneer in America, with total auction net auction sales of $93,284,938.77. In its first full year of operation, Heritage Comics Auctions posted total auction net sales for calendar 2002 of $17,620,842.69, at least tripling the previous annual comics and related popular culture sales record for any auction firm. Note: Heritage’s very first comics auction, in November 2001, realized “only” $960,649.05.

Exclusively Internet™ Weekly Coin Auctions
22125
22124
22123
22122
22121
22114
22113
22112
22111
22105
22104
22103
22102
22101
22094
22093
22092
22091
22084
22083
22082
22081
22075
22074
22073
22072
22071
22064
22063
22062
22061
22054
22053
22052
22051
22045
22044
22043
22042
22041
22034
22033
22032
22031
22024
22023
22022
22021
22015
22014
22013
22012
22011
$209,933.25
$144,528.90
$125,319.15
$192,543.93
$237,826.06
$186,997.15
$258,333.73
$345,019.85
$301,755.75
$111,874.45
$248,677.15
$243,680.90
$183,240.20
$179,688.00
$227,023.60
$249,245.26
$200,094.25
$165,026.35
$192,211.00
$103,546.00
$117,994.60
$288,824.80
$127,804.10
$85,363.35
$168,039.15
$250,710.35
$197,594.15
$84,205.30
$156,297.65
$174,595.30
$78,370.20
$192,081.05
$143,737.35
$104,089.00
$188,073.30
$190,268.65
$106,498.05
$255,151.65
$205,015.10
$213,369.85
$192,707.80
$144,705.65
$125,962.95
$181,609.15
$248,034.00
$87,079.00
$214,452.00
$205,665.00
$191,435.00
$182,154.00
$135,093.00
$87,270.15
$134,655.00
12/31/2002
12/24/2002
12/17/2002
12/10/2002
12/3/2002
11/26/2002
11/19/2002
11/12/2002
11/5/2002
10/29/2002
10/22/2002
10/15/2002
10/8/2002
10/1/2002
9/24/2002
9/17/2002
9/10/2002
9/3/2002
8/27/2002
8/20/2002
8/13/2002
8/6/2002
7/30/2002
7/23/2002
7/16/2002
7/9/2002
7/2/2002
6/25/2002
6/18/2002
6/11/2002
6/4/2002
5/28/2002
5/21/2002
5/14/2002
5/7/2002
4/30/2002
4/23/2002
4/16/2002
4/9/2002
4/2/2002
3/26/2002
3/19/2002
3/12/2002
3/5/2002
2/26/2002
2/19/2002
2/12/2002
2/5/2002
1/29/2002
1/22/2002
1/15/2002
1/8/2002
1/1/2002

Live Internet
42122 $73,757.55 12/14/2002

Coin Signature
304
300
296
292
288
284
280
$3,890,611.00
$8,441,964.25
$9,731,517.35
$4,916,390.30
$9,800,188.45
$4,527,898.45
$9,427,307.85
11/23/02  Santa Clara
09/28/02  Long Beach
07/30/02  New York
06/08/02  Long Beach
04/27/02  Central States
02/23/02  Long Beach
01/12/02  FUN

CAA Signature
297
290
282
$1,760,045.25
$3,581,694.55
$3,063,020.40
09/20/02
05/18/02
01/12/02

CurrencyAuction.com™ Twice-Monthly Internet
32122
32121
32112
32111
32102
32101
32092
32091
32082
32081
32072
32071
32062
32061
32052
32051
32042
32041
32032
32031
32022
32021
32012
32011
$48,371.05
$79,362.95
$59,631.20
$73,048.60
$67,225.45
$54,765.60
$32,240.00
$44,426.05
$34,445.95
$40,498.98
$40,973.35
$38,700.95
$46,924.60
$26,950.25
$36,090.45
$36,436.60
$49,245.30
$52,213.45
$72,062.45
$25,668.00
$29,676.00
$43,465.80
$27,645.00
$35,090.00
12/30/2002
12/15/2002
11/30/2002
11/15/2002
10/30/2002
10/15/2002
9/30/2002
9/15/2002
8/30/2002
8/15/2002
7/30/2002
7/15/2002
6/30/2002
6/15/2002
5/30/2002
5/15/2002
4/30/2002
4/15/2002
3/30/2002
3/15/2002
2/28/2002
2/15/2002
1/30/2002
1/15/2002

Bullet Auctions
305
301
295
293
289
285
281
$652,185.20
$780,568.60
$571,960.55
$681,812.00
$751,286.95
$513,401.40
$621,687.70
11/25/02
09/30/02
07/29/02
06/10/02
04/28/02
02/24/02
01/13/02

Gallery Auctions
913
912
910
909
908
$638,083.00
$403,416.65
$566,133.50
$362,600.75
$251,936.00
12/18/02
09/13/02
07/12/02
04/12/02
02/08/02

TOTAL Coins and Currency sell-through: $76,664,096.08

Amazing Comics Auctions™ (monthly Internet-only)
December
November
October
September
August
July
June
May
April
March
February
January
$153,724.00
$189,219.20
$265,356.26
$306,018.45
$574,377.85
$341,044.00
$258,318.18
$158,885.15
$60,672.85
$18,802.50
$3,695.00
$4,994.00

Comics & Movie Posters Signature Live Auction Events
December
October
July
March
$2,447,215.10
$5,214,991.90
$5,021,596.90
$2,601,931.35

Highlights of 2002 include:
  • Over $13 million in auction sales at the FUN convention.

  • Over $10 million in sales at the Central States Numismatic Society auctions, including the Morris Silverman collection of silver dollars, by far a record for the Central States venue.

  • Heritage holds TWO $5+ million dollar comics and movie poster auctions in 2002 (the previous record was $2.2 million - and all four of Heritage Comics’ 2002 signature auctions broke that barrier)

  • Heritage launches automated phone bidding at 1-866-TeleBid

  • Heritage Numismatic Auctions sells over $10 million in New York City the week prior to the ANA, eclipsing all other numismatic auction firms that month.

  • www.HeritageCoin.com membership grows to over 69,000 registered bidder-members, while www.HeritageComics.com membership reaches 8700 members.

  • Heritage’s free online Permanent Auction Results Archive (including descriptions, photos and prices) for comics, coins and currency sold since 1997 reaches 390,000 lots.

For more information about and of Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HeritageCoin.com and www.HeritageComics.com.

Heritage is the world’s leading collectibles auctioneer, specializing in rare coins and rare currency, with over $70 million in annual auction net sell-through (not counting any unsold lots) in those two categories alone. Heritage’s popular culture affiliate, Heritage Comics Auctions, specializes in rare, high-grade comic books, as well as vintage comic and animation art, illustration art, character toys, movie posters and comics-related collectibles.

HERITAGE MEMBERSHIP
904,038
bidder-members
$990,355,904
sold in the last year
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Thanks to Heritage I realized a handsome profit for my coin submissions and intend to send most of the remainder of my collection to Heritage Auction Galleries for future auctions.
Terrance Syrek
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