Media Relations
Press Release - January 21, 2002
Heritage Year 2001 Exclusively Internet™ Auction Sales Up 71% Over 2000
Dallas, TX -- "Internet sales on the whole have been a big success story for Heritage, complimenting our floor Signature sales," summarized Paul Minshull, Heritage’s Chief Operating Officer. "But the sheer volume and growth of our Exclusively Internet auctions is particularly noteworthy." In 2000, Heritage’s Exclusively Internet auctions created sales totaling $4.5 Million. That number grew to $7.7 Million in 2001.In 2001, there were almost 2000 bidders per month participating in Exclusively Internet auctions. A total of 37,034 lots were provided by 539 consignors. "Successful Internet enterprises, those not simply supporting a brick and mortar business, are few and far between," noted Bob Korver, Heritage’s Auction Director. "Heritage has managed to build a strong foundation in a shaky market, and grow much faster than the market average. Delivering a high quality product, and supporting it with strong customer service and sound business practices, has proved a successful strategy for Heritage."
The Heritage name is recognized worldwide for bringing unparalleled value to every consignor and bidder. Year 2001 sales exceeded $150 million and assets were approximately $30 million. HeritageCoin.com is the Internet's most popular and highly trafficked rare coin site, with over 45,000 registered members. HeritageCoin.com is the only coin site chosen twice by Forbes Best of the Web (1999 and 2001) as one of the 250 best websites on the Internet, and also won the most recent Numismatic Literary Guild award for Best Numismatic Internet Site.

