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Press Release - July 29, 2003

Heritage’s Baltimore Auctions Already Surpass $14 Million. Thousands of Bidders Participate; After-Auction and Bullet Sales Continue.

Dallas, Texas: Heritage Numismatic Auctions, Inc. presented six thousand lots in its Signature Sale held in Baltimore July 26-28, with prices realized exceeding $14,291,879 (post-auction sales will push the total prices realized significantly higher in the 72 hours following the conclusion of the auction). The seven sessions, comprising one of the largest sales ever held by Heritage, were well attended by collectors and dealers attending the Maryland State and ANA auctions. An additional 5,000 Bullet Auction lots, on view in Baltimore, will be sold through the Internet, closing on August 6.

"The Baltimore auctions were tremendously exciting events," noted Heritage Co-Chairman Jim Halperin. "Thousands of bidders participated, and 959 of them have won lots, so far. The timing, between the Maryland State and ANA shows, was just perfect for maximizing attendance and Internet participation by collectors and dealers. Of course, the wide diversity of quality material offered was a draw to a market anxious to purchase such important items."

"Our Baltimore Signature Sale," added Heritage Co-Chairman Steve Ivy, "was notable not only for its size and for the nearly 300 consignors who entrusted their collections to Heritage, but also for the large number of anchor consignments - five of whom had consigned collections so large that we were selling ‘Part II’ in Baltimore. Among the anchors: We thank the following for their consigned collections: Gil Clark; John Dabbert (Part II); V.A. Everest; Frank O. Fredericks (Part II); Robert Fry; Ketring Family; Brian Loncar (Part II); Mark Mauer; McCormick Ranch; James L. Moore; I.S. Memorial Collection; Morris Silverman (Part II); Steve & Dianne Stokely; Mark Van Deusen (Part II), Gary Walker; and M. Zerbe."

"Hundreds of the lots being offered in Baltimore were Condition Census in quality," concluded Heritage President Greg Rohan, "and the market continues to chase these Registry-level coins to record prices. Registry collections and individual conditional rarities continue to bring absolute top-dollar. Our Baltimore Auctions strengthen Heritage’s record-setting pace for 2003."

Highlights of the Heritage 2003 Baltimore Signature Sale include:
5244
5246
5866
6408
6488
6501
6652
6718
6908
7054
7087
7336
7562
7591
8104
8117
8251
8565
8707
8708
8809
8854
8977
8978
9054
9228
10195
10257
10268
10269
10329
10382
10411
10412
10450
10489
10805

10809
10933
1858 Flying Eagle Cent, Large Letters, PR67 Cameo NGC, realized $35,650
1858 Flying Eagle Cent, Small Letters, PR66 Cameo PCGS, realized $87,400
1864 Two Cents, Small Motto, PR65 Red and Brown PCGS, realized $43,700
1795 Half Dime, MS67 PCGS, V-6, LM-9, R.4, realized $94,875
1794 Half Dime, MS64 PCGS, V-2, LM-2, R.5, realized $34,500
1807 Quarter, MS65 PCGS, B-2a, R.3, realized $60,375
1916-D Dime, MS65 Full Bands PCGS, realized $27,600
1942/1 Dime, MS65 Full Bands PCGS, realized $36,800
1815 Quarter, MS68 NGC, B-1, R.1. Die State II, realized $60,950
1916 Standing Liberty Quarter, MS66 Full Head PCGS, realized $36,800
1918 Quarter, MS68 Full Head PCGS, realized $44,850
1797 Half Dollar, VF30 PCGS, O-102, R.5, realized $36,915
1852 Half Dollar, MS67 NGC, realized $18,400
1859-O Half Dollar, MS67 PCGS, realized $32,200
1964 Half Dollar, MS69 Specimen NGC, realized $10,638
1795 $1, Flowing Hair, 3 Leaves AU53 PCGS, B-12, BB-26, realized $25,300
1860 $1, MS67 NGC, realized $69,000
1883-S $1, MS67 NGC, realized $74,750
1889-CC $1, MS64 PCGS, realized $39,100
1889-CC $1, MS64 Deep Mirror Prooflike NGC, realized $36,800
1893-S $1, MS63 NGC, realized $74,750
1896-O $1, MS64 PCGS, realized $28,750
1895 $1, PR64 Cameo NGC, realized $29,900
1895 $1, PR68 Deep Cameo PCGS, realized $120,750
1922 $1, Matte PR67 NGC, realized $172,500
1938 Boone Commemorative, MS68 PCGS, realized $29,900
1911-D $2.50, MS65 NGC, realized $50,025
1873 $3, Open 3, PR65 Deep Cameo PCGS, realized $55,200
1811 $5, Small 5, MS65 NGC, B. 1-B, Miller-116, High R.3, realized $33,350
1812 $5, MS65 PCGS, Narrow 5D, B. 1-A, Miller-117, R.4, realized $54,625
1876 $5, MS65 PCGS, realized $36,800
1890 $5, PR66 Deep Cameo NGC, realized $35,650
1797 $10, Small Eagle, MS61 NGC, B. 1-A, Taraszka-7, R.5, realized $184,000
1798/7 $10, 9x4 Stars, MS63 NGC. B. 1-A, Taraszka-9, R.4, realized $132,250
1875 $10, AU50 PCGS, realized $37,950
1895-S $10, MS67 PCGS, realized $49,450
1907 $20, High Relief, Wire Rim MS65 PCGS, realized $35,650
Ex: Homer Saint-Gaudens, Norweb
1907 $20, High Relief, Flat Rim, MS66 NGC, realized $40,825
Smaller Kellogg & Humbert Gold Ingot, 36.40 Ounces of .825 Fine Gold, realized $41,400

Images, descriptions, and prices realized for both auctions will be available in the Permanent Auction Archives at the Heritage website, www.HeritageCoin.com.

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