Press Release - January 8, 2007

Heritage Shatters World Record in Orlando; $77 Million-Plus = Largest Numismatic Auction Event of All Time

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DALLAS, TX: A new world's record for the largest numismatic auction ever held has been set by Heritage Auction Galleries of Dallas. Total prices realized for their auctions of rare U.S. Coins and Currency currently stands at $75,439,127. These were the official auctions of the Florida United Numismatists convention, held in Orlando, Florida. The previous world's record of $61.7 million was set by Heritage at the 2005 FUN convention.

According to Heritage CEO Steve Ivy, "At this time, our proceeds for U.S. Coins total $65,180,395, and U.S. Currency realized $10,258,732, but we expect the total to rise substantially; we expect record setting Post-Auction Buys, and the OnLine Session closing on Tuesday, January 9 should push the total more than a million dollars higher. The world record will continue to rise for the next seven days. It is significant to note that the rare coin total alone exceeded the combined record that Heritage set in 2005."

According to Heritage President Greg Rohan: "As Heritage's F.U.N. Signature and Platinum Night catalogs continued to grow during production, we knew that this sale would be inspiring - but the consignments that arrived during the last two weeks before the deadline convinced us that this would be a monumental auction. Rarities abounded through all series, but there is no question that the many collectors who consigned important gold rarities really made the difference. Altogether, more than 900 consignors participated, and 6,412 bidders participated in the coin and currency Signature auctions - with many more bidding in the OnLine session."

"This is shaping up as a wonderful January," continued Jim Halperin. "After F.U.N., our staff moves immediately to New York for our official auction of ancient and world coins at the New York International Numismatic Convention. With the proceeds from our NYINC auction, our seven-day auction proceeds will top $80 million - that is a staggering total! Plus, our Internet-only auctions will add hundreds of thousands of dollars of proceeds during January. Heritage continues to service every segment of the numismatic market, and our client loyalty is phenomenal!"

F.U.N. anchor consignments included: The Blowing Rock Collection, Part Two; The Cocoa Beach Collection; The Essex Palm Collection Of Early Federal Coinage; The Freedom Collection; The Hill Country Collection; The Jones Beach Collection of Patterns and Type; The Dale A. Konigsburg Collection; The Kutasi Collection; The Lanterman's Mill Collection; The Dr. Robert J. Loewinger Collection of Proof Gold Rarities; The William Luebke Collection of Bust Dollars; The Monedas Oro Collection;

The Oak Island Collection; The James Paul Collection; The Prinzi Trust Collection; The RNB Collection; The Stone 1837 Collection; The Temecula Collection; The Twin Hollows Collection; The Westmoreland, Virginia Collection, Part Two; and The Troy Wiseman Collections of Colonial Rarities & Hobo Nickels.

Heritage's January 2007 F.U.N. U.S. Coin highlights:

Lot 3258: 1907 Ultra High Relief $20, Lettered Edge, PR68 PCGS
Realized: $1,840,000

Lot 3657: 1839/8 $10 Type of 1838 PR67 Ultra Cameo NGC
Ex: Parmelee; Jenks; Clapp; Eliasberg; Brownlee;
Realized: $1,610,000

Lot 3382: 1796 $2.50 Stars MS65 NGC, Breen-6114, Bass-3003, BD-3, R.5
Ex: Byron Reed Collection; Durham Western Heritage Museum;
Realized: $862,500

Lot 1594: 1879 Liberty Head Quintuple Stella, Judd-1643, Pollock-1843, PR62 PCGS.
Ex: U.S. Mint; Hubbell; J.W. Haseltine; Hebbeard; Maris; Garrett; Trompeter; Jones Beach Collection.
Realized: $862,500

Lot 3893: 1855 $50 Kellogg & Co. PR64 PCGS, K-4, Breen-7921, High R.6
Realized: $747,500

Lot 3789: 1907 $20 High Relief, Wire Rim MS69 PCGS
Ex: Trompeter Collection; Phillip H. Morse Collection;
Realized: $546,250

Lot 3191: 1933 $10 MS65 PCGS
Ex: Kutasi Collection
Realized: $546,250

Lot 1550: 1878 Liberty Head Half Eagle, Judd-1570, Pollock-1764, Unique, PR65 PCGS
Ex: Mint officer; Newlin; Newcomer; Green; Palace Collection of King Farouk; Trompeter; Jones Beach Collection
Realized: $402,500

Lot 3160: 1907 $10 Rolled Rim MS67 PCGS
Ex: Kutasi Collection
Realized: $402,500

Lot 3187: 1920-S $10 MS66 PCGS
Ex: Michaels; Kutasi Collection
Realized: $402,500

Lot 3288: 1921 $20 MS64 PCGS
Ex: Morse; Kutasi Collection
Realized: $373,750

Lot 1027: 1795 Draped Bust $1, Centered MS65 PCGS, B-15, BB-52. R.2
A popular type, incredibly rare in Gem condition
Realized: $373,750

Lot 3493: 1795 $5 Small Eagle MS64 PCGS, B.1-B, Breen-6412, Bass-3033, BD-3
Realized: $345,000

Lot 3100: 1855 Gold $1 PR66 Deep Cameo PCGS
Ex: Pittman; Dr. Robert J. Loewinger Collection
Realized: $316,250

Lot 3488: 1879 $4 Coiled Hair, Judd-1638, Pollock-1838, R.6, PR63 NGC
Ex: Freedom Collection.
Realized: $316,250

Lot 3530: 1813 $5 MS66 PCGS, BD-2, R.4
Ex: Garrett; Gold Rush Collection;
Realized: $316,250

Lot 3693: 1933 $10 MS64 NGC
Ex: Freedom Collection.
Realized: $316,250

Lot 3796: 1907 $20 High Relief, Flat Rim MS68 PCGS
Ex: Phillip H. Morse Collection;
Realized: $316,250

Lot 3307: 1930-S $20 MS66 PCGS
Ex: Price, Kutasi Collection
Realized: $230,000

Lot 3309: 1931-D $20 MS66 PCGS
Ex: Price, Kutasi Collection
Realized: $230,000

Lot 3381: 1796 $2.50 Stars MS61 NGC, Breen-6114, Bass-3003, BD-3, R.5
Realized: $218,500

Lot 3123: 1875 $3 PR66 Ultra Cameo NGC
Ex: Browning, Loewinger Collection
Realized: $218,500

Lot 1370: 1868 Liberty $10, Judd-661, Pollock-734, High R.7, PR65 Ultra Cameo NGC
Ex: Boyd; Judd; Wilkison; Jones Beach Collection.
Realized: $218,500

Lot 3905: 1855 Wass Molitor Fifty Dollar MS60 PCGS, K-9, R.5
Realized: $212,750

Lot 3487: 1879 $4 Flowing Hair, Judd-1635, Pollock-1833, R.3, PR66 Cameo NGC
Ex: Freedom Collection
Realized: $207,000

Lot 3143: 1868 $20 PR66 Cameo NGC
Ex: Loewinger Collection
Realized: $207,000

Lot 3491: 1795 $5 Small Eagle MS64 NGC, Breen-6412, Bass-3034, BD-2, R.6
Ex: Freedom Collection
Realized: $201,250

Lot 3673: 1907 $10 Rolled Rim MS65 NGC, Judd-1903
Ex: Freedom Collection
Realized: $195,500

Lot 3174: 1911-D $10 MS65 PCGS
Ex: Kutasi Collection
Realized: $195,500

Lot 3717 1866-S $20 No Motto AU58 PCGS
Realized: $195,500

Lot 3297: 1925-D $20 MS66 PCGS
Ex: Kutasi Collection
Realized: $184,000

Lot 903: 1796 25C MS65 NGC, B-2, R.3
Ex: Essex Palm Collection
Realized: $172,500

Lot 3304: 1927-S $20 MS66 PCGS
Ex: Kutasi Collection
Realized: $172,500

Lot 3298: 1925-S $20 MS65 PCGS
Ex: Crawford, Kutasi Collection
Realized: $161,000

Lot 3144: 1884 $20 PR64 PCGS
Ex: Loewinger Collection
Realized: $161,000

Lot 1074: 1878-CC Trade $1 MS65 PCGS
Realized: $143,750

Lot 3300: 1926-D $20 MS65 PCGS
Ex: Kutasi Collection
Realized: $143,750

Lot 3204: 1882 $20 MS60 PCGS
Ex: Southerland, Kutasi Collection
Realized: $138,000

Lot 919: 1901-S 25C MS65 PCGS
Realized: $120,750

Lot 3286: 1920 $20 MS65 PCGS
Ex: Eliasberg, Kutasi
Realized: $109,250

Lot 3275: 1911-S $20 MS67 PCGS
Ex: Kutasi Collection
Realized: $80,500

Lot 1166: 1859 Indian Cent--Obverse Struck on 1857 Half Dime--MS63 PCGS
Ex: Seavey; Parmelee; Ruby; Levine
Realized: $71,875

Images, descriptions, and prices realized from all of Heritage's previous auctions are available in the Permanent Auction Archives at the Heritage website, HA.com.

To reserve a copy of the catalog for any upcoming Heritage auction, please contact Nicole Jewell, c/o Heritage Auction Galleries, 3500 Maple Avenue, 17th Floor, Dallas, TX 75219, or call 1-800-872-6467, ext. 272.

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