Heritage Auctions Records Best Year To Date In 2012

Posted on 2/12/2013

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 accessibility."

1792 P10C Disme, Judd-10, Pollock-11, High R.6, PR62 Brown NGC

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.

Bill Watterson 'Calvin and Hobbes' Hand-Colored Sunday Comic Strip Original Art dated 10-19-1986 (Universal Press Syndicate, 1986)

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 from The 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 ever.

"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.