Heritage Summer F.U.N. Signature Auction Posts Strong Results

Nearly $10 Million in Prices Realized at First Summer F.U.N. Event; Heritage Live Online Bidding Fully Launched and Active

Dallas, TX: Heritage Auction Galleries held the Official Auction of the Inaugural Summer F.U.N. convention in West Palm Beach, Florida on July 12 - 13, 2007. $8,837,840 was realized for 3,341 lots, although after-auction sales are still ongoing. A Final Session, held on Monday, July 16, realized $1,145,160 for 3,164 lots, bringing the final total to $9,983,000.

"The Florida United Numismatists convention, held in January of each year, typically sees one of our biggest and most exciting auctions," said Greg Rohan, President of Heritage, "so we were thrilled to take part in this first-ever summer F.U.N. convention."

"As we've come to expect from F.U.N., the audience at our auction was enthusiastic and ready to participate," Rohan said. "Numismatists from all over the world were obviously attracted to both the quality and rarity of the items presented, and they bid accordingly. Consequently, this was another extremely strong auction for Heritage. The show itself was extremely successful, with very positive comments and feedback received from both dealers and attendees, so we anticipate an even bigger and better convention next year."

"Aside from the significance of this being the very first Summer F.U.N. show," Rohan said, "this auction was also notable as one of the first coin auctions at which bidders were able to participate through our new live bidding platform, Heritage Live. By logging into Heritage Live at www.HA.com/Live, bidders were able to hear streaming audio of the auction, and participate in real time, competing against bidders on the floor. We had 898 unique users participate through Heritage Live at this auction, making it the second most popular choice of bidders overall, after placing proxy bids through our website at www.HA.com. Bidders using Heritage Live pay no additional Buyer's Premium, so we're looking forward to this system becoming a major part of all of our auctions from here on out."

"Our next numismatic auction will held August 8-12 in Milwaukee, Wisconsin as the official auctioneer of the American Numismatic Association's Worlds Fair of Money," Rohan said. "The auction and convention will be held at the Midwest Airlines Center, 400 West Wisconsin Avenue, Milwaukee, WI, 53203. We're just finishing the catalog for this exciting event, and I hope to see everyone there, as there are numismatic treasures included that you won't want to miss!"

Highlights of the Summer F.U.N. Signature auction included:

1827/3 25C Restrike PR66 NGC:
REALIZED: $126,500

1893-O $1 MS65 NGC:
REALIZED: $115,000

1807 $5 Bust Left MS65 PCGS:
REALIZED: $103,500

1915-S $50 Panama-Pacific 50 Dollar Octagonal MS65 NGC:
REALIZED: $100,625

1896-O $1 MS65 NGC:
REALIZED: $100,625

1912 $20 PR67 NGC:
REALIZED: $83,375

1793 Chain 1C AMERICA AU53 PCGS:
REALIZED: $69,000

1895 $1 PR65 Cameo NGC:
REALIZED: $60,375

1909/8 $20 MS66 NGC:
REALIZED: $60,375

1920-S $10 MS62 NGC:
REALIZED: $60,087

1796 25C --Cleaned, Adjustment Marks--ANACS. AU58 Details:
REALIZED: $57,500

1876 20C PR68 NGC:
REALIZED: $51,750

1893-CC $1 MS65 NGC:
REALIZED: $48,875

1921-S 50C MS64 PCGS:
REALIZED: $46,000

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

Prospective consignors are invited to call Heritage's Consignor Hotline at 1-800-872-6467 to discuss their material, or visit www.HA.com/Sell.

To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 150, or visit www.HA.com/Catalog to order by email.