US coins remain the core of Heritage's business, with a record nearly $218.7 million in sales in 2012.
[DALLAS, TX] — Heritage Auctions experienced its fourth straight year of record
sales in 2012: more than $860 million, the highest tally yet for
the world's third largest auction house and largest auctioneer of
high end collectibles. Markets ranging from U.S. Coins, Comics and Comic Art and Historical Americana
showed strong gains as did sales of Western Art, which more than
tripled over last year.
"Heritage is attracting new buyers across more categories than
ever before," said Steve Ivy, Co-Chairman and CEO of Heritage
Auctions. "Both consigners and collectors alike can use our
services with the utmost trust, transparency and
U.S. Coins remains the core of
Heritage's business with a record $218.68 million in sales in 2012,
including $174.51 million sold during Signature® Auctions. World and Ancient Coin sales
have seen stunning growth over the last four years and increased an
impressive 40% to $25.4 million last year — a record achievement
bolstered by growth across the board.
Yet another success story took place at Heritage's design
district annex where auction sales in fine art grew 20% in 2012 to exceed
$45.5 million — the category's best year ever. Sales of Western and Texas Art more
than tripled in 2012, solidifying Heritage as a leader in the
category with $10.4 million in total sales. Likewise, Heritage's
antiques and decorative
arts sales grew 32% to exceed $7.27 million — highlighted by
the largest single collection of Lalique offered at auction at one
time, which realized $1.6 million.
Heritage's growing comic book and comic art department saw its
fourth record year in a row with sales exceeding $37 million,
including Weekly Comic Internet-only auctions which realized $7.4
million — a new record for the subset and a 17% increase over 2011.
Heritage's Vintage Comics &
Comic Art Signature® Auctions recorded $27.98 million in sales,
highlighted by the $657,250 sale of Todd McFarlane's original cover
Amazing Spider-Man #328 and the first Calvin
and Hobbes Sunday comic strip ever sold at auction, which
brought $203,150, as well as by the company's August auction, which
topped $10.8 million to stand as the highest grossing comic auction
"Diversification and has been key to our success," Ivy said.
"We're proud to offer Heritage as a one-stop trusted platform for
selling diversified, high value collections and estates. We're the
largest auction house capable of delivering success to every aspect
of a collection and are honored to help so many wonderful
consignors attain record prices for their precious objects."
The thoughts and opinions in the piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.