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Press Release - December 5, 2006

Historic Civil War Auction Shatters Records! $4.03 Million Sold in Record-Breaking Event

December 5, 2006 Americana Historic Civil War Auction Shatters Records! $4.03 Million Sold in Record-Breaking Event

DALLAS, TEXAS: Heritage Auction Galleries' recent auction of important Civil War material, held December 1 & 2 in Nashville, Tennessee, brought outstanding results, realizing $4,035,380 for 563 lots, although after auction sales are still ongoing and could push the final total even higher.

"The results of this auction are far beyond anything I ever imagined," said Tom Slater, Director of Americana auctions for Heritage. "To my knowledge, this is the highest result ever attained, by quite a large margin, for any offering of Civil War material at auction."

According to Civil War collector and Heritage consultant Dennis Lowe, "Not only was this a record breaking event, it was, without a doubt, the most exciting Civil War Auction ever held. The room was packed with over 300 collectors and the enthusiasm was electric - when J.E.B. Stuart's personal battle flag sold for almost a million dollars, the bidder received a standing ovation!"

Slater continued, "The many records broken in this auction included the highest price ever paid for a Civil War flag (the J.E.B. Stuart battle flag), the highest price ever paid for a Civil War soldier photo, (the two magnificent Confederate 1/6th plate ambrotypes of Alabama brothers housed together in scarce double union case), the highest price ever paid for a photo of a Civil War officer (Confederate Lt. Col. Walter H. Taylor 1/4th plate melainotype), the highest price ever paid for a Civil War officer's uniform (Confederate Uniform of Cuban-born Officer Lt. Francisco Moreno), the highest price ever paid for a Civil War sword from Louisiana (Confederate Foot Officer's Presentation Sword made by the Thomas Griswold Company of New Orleans), and the highest price ever paid for a Texas Civil War pistol (Dance Revolver with Very Rare Original Holster)."

The battle flag flown by Confederate General J.E.B. Stuart, handsewn by his wife Flora, was the standout lot of the auction, realizing $956,000 after spirited bidding. Previous to the auction, the flag had hung in Stuart Hall in Staunton, Virginia and in the Richmond, Virginia Museum of the Confederacy. This was the first time it had ever been offered at public auction. Other personal items belonging to Stuart also brought strong final prices.

"Among the other strong lots in this auction were the four Confederate battle flags, all hailing from important Tennessee regiments," said Slater, "two of which brought in excess of $100,000."

"I can't say enough about the cooperation we received from the organizers of, and the participants in, the Nashville Civil War Show, one of the most important such shows in the hobby," said Slater. "The success of this auction is due in large part to the encouragement and support we received from this show and the many wonderful attendees that joined us for an auction that none of us will ever forget. We look forward to many future ventures with this fine group."

"All in all, this was a monumental auction, and one that will certainly stand as a measure of success for Civil War offerings for years to come," Slater said. "We look forward to our next such event with eager anticipation."

Photos of the event can be seen here:

Highlights of the December auction included:

J.E.B. Stuart Battle Flag:
REALIZED: $956,000

General J.E.B. Stuart's Key-Wind Gold Pocket Watch:
REALIZED: $131,450

Golden Spurs Presented to J.E.B. Stuart by the Ladies of Baltimore:
REALIZED: $119,500

J.E.B. Stuart's West Point Class Ring:
REALIZED: $113,525

Confederate Battle Flag of the 3rd Tennessee Infantry; Captured at Fort Donelson:
REALIZED: $101,575

The Confederate Battle Flag of the 4th Tennessee Infantry: The Famous Beauregard Design:
REALIZED: $101,575

Confederate Uniform of Cuban-born Officer Lt. Francisco Moreno, who served with Beauregard and was killed at the Battle of Shiloh in 1862 - wearing this uniform:
REALIZED: $77,675

Confederate 'Stars and Bars' 18th Tennessee Infantry Flag; Captured at Fort Donelson:
REALIZED: $77,675

Dance Revolver with Very Rare Original Holster:
REALIZED: $77,675

Rare Confederate New Orleans "CS Pelican" Sword With Sharkskin Grips:
REALIZED: $71,700

Virginia Regimental Flag Captured by the 53rd Pennsylvania Infantry:
REALIZED: $59,750

Two Magnificent Confederate 1/6th Plate Ambrotypes of Alabama Brothers Housed Together In Scarce Double Union Case:
REALIZED: $13,475

Confederate Lt. Col. Walter H. Taylor 1/4th Plate Melainotype, The Only Known War Date Hard Image Of Him:
REALIZED: $44,812

Confederate Foot Officer's Presentation Sword made by the Thomas Griswold Company of New Orleans and Presented to Lt. Eugene L. Polk of the 12th Louisiana Infantry:
REALIZED: $22,705

Heritage Auction Galleries' next Americana auction will feature Political Memorabilia & Americana, and will be held on February 26 & 27, 2007, at their world headquarters in Dallas, Texas.

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 and sellers of political memorabilia, Americana, and related collectibles are invited to visit www.HA.com and click on the "Sell Now" tab. Or simply email Tom Slater at TomS@HA.com.

To reserve your copy of any Heritage auction catalog, please contact Nicole Jewell at 1-800-872-6467, ext. 272, or visit www.HA.com to order by email.

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