Heritage Auctions

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Heritage Auction Galleries
Founded Dallas, Texas, 1976
Headquarters Dallas, Texas
Key people
Steve Ivy, CEO & Co-Chairman[1]
Jim Halperin, Co-Chairman[2]
Greg Rohan, President[3]
Paul Minshull, COO[4]
Services Auction House
Number of employees
450+[1]
Website http://www.ha.com/

Heritage Auction Galleries is an auction house established in 1976 in Dallas, Texas by Steve Ivy and Jim Halperin. Heritage is the largest collectibles auctioneer in the world.[5]

Locations[edit]

Heritage Auctions is a privately owned company, with headquarters in Dallas, Texas and offices in New York City, Beverly Hills, San Francisco, and Houston, and locations in Germany, Switzerland, Holland, and France.

Auctions[edit]

Heritage combines both proxy and live Internet bidding with traditional floor auctions. In both 1999 and 2001, www.HeritageCoin.com, the predecessor to www.HA.com, was chosen by Forbes Magazine as one of the 250 best sites on the Internet. According to Internet traffic measurement site Compete.com, HA.com receives significantly more traffic than Sothebys.com and Christies.com combined.[6] Heritage hosts separate website sections for each type of collectible they support and each lot's web listing contains third-party pricing and rarity data.

In 2014, Heritage's total sales exceeded $969 million, a single year record for any collectibles firm. The company had a 62% share of 2014's $532 million rare coin auction market. As of January 2, 2015, Heritage had over 850,000 registered online bidders.[5]

Television[edit]

The Great Big American Auction, featuring Ty Pennington aired as a special on ABC on December 8, 2011, featuring experts from Heritage Auctions.[7]

Numerous current and former Heritage Auctions employees are now or have been appraisers on the highly rated PBS television series, Antiques Roadshow, including Simeon Lipman,[8] Meredith Meuwly,[9] Mike Gutierrez,[10] Nicholas Dawes,[11] Kathleen Guzman,[12] Jill Burgum,[13] Jim Wolf,[14] Rudy Franchi.,[15] Elyse Luray,[16] and Caroline Ashleigh.[17]

Auction highlights ($1 million-plus)[edit]

  • The Nicolas Cage comic book collection sold for $1.6 million in October 2002[18] as a part of the largest comic auction ever according to Guinness,[19] the highest grossing numismatic auction (over $65.1 million at the 2007 Florida United Numismatists auction, not including currency), the highest grossing currency auction (over $14 million for the auction held at the Long Beach Coin and Collectibles Expo in September 2006), and the highest price for an action figure ($200,000 for Don Levine's original G.I. Joe prototype in July 2003).
  • December 2006: Heritage auctioned off a $1,000 "watermelon" bill for a then-record $2.3 million.[20]
  • In February 2008, a collection of the earliest US cents, 301 coins assembled by collector Walter J. Husak and minted between 1793 and 1814, brought in $10.7 million.[21]
  • Heritage has sold two examples of the 1804 dollar. The Mickley-Hawn-Queller example, graded proof 62 NGC, realized $3,737,500 in April 2008,[22] making it the third most valuable coin ever sold at auction according to A Guide Book of United States Coins. The Adams-Carter specimen, graded Proof 58 NGC, realized $2,300,000 in April, 2009.[23]
Title page of the first printing of The Federalist papers (1788)
  • In January 2010, the Olson Specimen of the 1913 Liberty Head nickel was sold through Heritage Auctions for $3,737,500.[24]
  • February, 2010: the highest CGC-graded copy of Detective Comics #27, the first Batman comic book was auctioned off by Heritage for $1,075,500, the second highest price a comic book has ever been sold for (and the highest price ever at auction), more than tripling the previous auction record for any comic book. The entire auction realized almost $5.6 million, also an all-time record.[citation needed]
  • A selection of John Wayne's memorabilia consigned by the actor's family brought more than $5.4 million in an October 2011 Heritage Auction. Wayne's beret from The Green Berets sold for $179,250, and a cowboy hat worn in Big Jake and The Cowboys sold for $119,500.[25]
  • A 1793 Chain Cent, the Eliasberg specimen, set a record for any United States copper coin when Heritage auctioned it off for $1.38 million in January 2012.[26]
  • February 2012: Heritage auctioned off a man's childhood comic book collection for about $3.5 million.[27]
  • Seth Swirsky sold his 250-piece collection of baseball memorabilia on May 3, 2012 through Heritage Auctions for nearly $1.5 million. The ball that went through Bill Buckner's legs in the 1986 World Series realized $418,250.[28][29][30]
  • January 2014: Heritage auctioned off a $1,000 "watermelon" bill for a record-setting $3.29 million. The note had last been auctioned off in 1970 for $11,000.[31]

References[edit]

  1. ^ a b Bounds, Jeff (3 February 2012). "Heritage Auctions Makes Hong Kong Its Next Move". Dallas Business Journal. Retrieved 6 August 2013. 
  2. ^ Schefler, Erik (4 February 2011). "Interview With Jim Halperin, Co-Chairman of Heritage Auction Galleries". Coin Update. Retrieved 6 August 2013. 
  3. ^ Pate, Steve (19 October 2011). "Rich Heritage". D Magazine. Retrieved 31 July 2013. 
  4. ^ Demasters, Karen (3 May 2010). "Pennies Saved, Millions Earned". Financial Advisor. Retrieved 6 August 2013. 
  5. ^ a b "Heritage Auctions Posts "Best Ever" $969+ Million Year in 2014". finebooksmagazine.com. Fine Books and Collections. Retrieved 2014-01-15. 
  6. ^ United States. "ha.com 724,931.0 UVs for January 2012 | Compete". Siteanalytics.compete.com. Retrieved 2012-02-21. 
  7. ^ "'The Great Big American Auction,' with Ty Pennington and Heritage Auctions, set to air Thursday, Dec. 8 on ABC". Dallasartnews.com. Retrieved 2012-08-05. 
  8. ^ "Antiques Roadshow: Milwaukee, Wis. - Hour Three". kpbs.org. KPBS. Retrieved 2015-01-17. 
  9. ^ "Meredith Meuwly". pbs.org. PBS. Retrieved 2014-01-16. 
  10. ^ "Mike Gutierrez". pbs.org. PBS. Retrieved 2014-01-16. 
  11. ^ "Nicholas Dawes". pbs.org. PBS. Retrieved 2014-01-16. 
  12. ^ "Kathleen Guzman". pbs.org. PBS. Retrieved 2014-01-16. 
  13. ^ "Jill Burgum". pbs.org. PBS. Retrieved 2015-01-16. 
  14. ^ "Jim Wolf". pbs.org. PBS. Retrieved 2015-01-16. 
  15. ^ "Rudy Franchi". pbs.org. PBS. Retrieved 2015-01-16. 
  16. ^ "Elyse Luray joins Heritage Auctions' New York team". auctioncentralnews.com. auctioncentralnews.com. Retrieved 2014-01-17. 
  17. ^ "Appraiser Caroline Ashleigh joins Heritage Auctions as consignment director". artdaily.org. Art Daily. Retrieved 2014-01-17. 
  18. ^ Susman, Gary (2002-10-01). "Book Value". EW.com. Retrieved 2012-02-21. 
  19. ^ "Guinness World Records - News - Going, going, gone". GuinnessWorldRecords.com. Archived from the original on 2011-06-05. Retrieved 2012-08-05. 
  20. ^ "Art collector pays $2.3M for $1,000 bill from 1890". usatoday.com. USA Today. Retrieved 2015-01-18. 
  21. ^ [1][dead link]
  22. ^ Dan Hersam. "1804 Silver Dollar Fetches $2.3 Million - Coin Collecting - The Hobby of Kings". US: Coincollector.org. Retrieved 2012-02-21. 
  23. ^ "1804 Dollar Sold for ,737,500 at Heritage's Million Auctions | latest news | news". Dig4coins.com. Archived from the original on 2011-07-10. Retrieved 2012-02-21. 
  24. ^ "Olsen-Hawn 1913 Liberty Nickel Sells for $3,737,500 : Coin Collecting News". Coinlink.com. 2010-01-08. Retrieved 2012-02-21. 
  25. ^ "John Wayne auction fetches more than $5M". Acn.liveauctioneers.com. 2011-10-10. Retrieved 2012-08-05. 
  26. ^ "1793 penny fetches $1.38M at U.S. auction". Usatoday.com. 2012-01-07. Retrieved 2012-08-05. 
  27. ^ "Comics trove fetches $3.5M at auction". usatoday.com. USA Today. Retrieved 2014-01-18. 
  28. ^ Buckner ball sells for $418,250[dead link]
  29. ^ "Bill Buckner ball sells for $418,250". Espn.go.com. 2012-05-04. Retrieved 2012-08-05. 
  30. ^ "Auction record for Buckner Ball". Sports.ha.com. Retrieved 2012-08-05. 
  31. ^ "1890 $1,000 "Grand Watermelon" note brings world record $3.29 million". go.com. ABC News. Retrieved 2015-01-18. 

External links[edit]