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Press Release - April 22, 2003

Heritage Auctions Over $2 Million in Movie Posters in Less Than One Year

Dallas, TX - Heritage Comics Auctions (HCA), known internationally as the world's largest collectibles auctioneer, has set a record for annual movie poster auction results, selling substantially more (by dollar value) in movie posters at auction in a single 365-day period than any other company in history.

"I've been an active participant in this hobby for a number of years, and this record is one that truly amazes me," said Grey Smith, Movie Poster Consultant for Heritage. "We at Heritage are very proud of the tremendous advancements we have made in this young hobby. The company's sound reputation has brought many long-time poster collectors into the auction arena that normally would not have participated, and have actively encouraged new participants to enter the hobby."

Highlights Include:

King Kong Style A (1933) One Sheet $78,200
Whoopee Party-Mickey Mouse (1932) $48,300 Black Cat Style B (1934) Half Sheet $43,700
Klondike Kid-Mickey Mouse (1932) One Sheet $42,550
Black Cat, The (Universal, 1934) Half sheet (22" X 28") Style B. $43,700
Citizen Kane (1941) Three Sheet $39,100

These numbers tell the story:
Date of auction
Sat, Mar. 16, 2002
Sat, Jul 6, 2002
Sun, Oct. 13, 2002
Sat, Dec. 7, 2002
Location
Dallas
Chicago
Dallas
Dallas
Net sales
$524,381.60
395,861.00
466,055.55
173,858.10

TOTAL 2002 AUCTION SALES $1,560,155.25

Fri, Mar. 7, 2003 New York City 508,648.55

TOTAL 3/16/02 - 3/7/03 (357 days) $2,068,804.80

(Please note: Sales figures do not include private treaty sales, and do not include posters that failed to meet the consignors' reserves.)

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.HeritageComics.com

HCA specializes in rare, high-grade comic books, vintage comic and animation art, illustration art, classic toys, movie posters and comics-related collectibles. Prospective consignors and sellers of top-end comics material, toys, and original art are invited to call Ed Jaster at 214-252-4288 or Fred McSurley at 214-252-4293 to discuss their rare comics and original illustration and comic art. Or visit http://www.HeritageComics.com and click on the "consign" tab. Or simply email Ed Jaster EdJ@HeritageComics.com or Fred McSurley FredM@HeritageComics.com

Movie poster consignors, please call Grey Smith at 214-668-6928 or email GreySm@HeritageMoviePosters.com

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