An article in today's Dallas-Ft. Worth Star-Telegram profiles numismatic auctioneer Heritage Auction Galleries. -EditorThey were small change in the beginning. Now, Steve Ivy and Jim Halperin are solid gold.
They are co-chairmen of Heritage Auction Galleries, a Dallas-based auction house with sales of more than $700 million this year. Ivy is a Fort Worth lawyer.s son who graduated from Arlington Heights High. Halperin is an East Coast transplant who, like his business partner, left college without a degree.
They used to be rival coin dealers but merged their operations in 1982 and around 2001 began putting comic-book and movie-poster auctions online. The first movie poster auction, in November 2001, brought in about $960,000. By the fourth auction, sales were $5.2 million. Heritage Auction now occupies more than four floors of wood-paneled office space near Oak Lawn and Maple avenues and has about 375 employees, including experts who appear on PBS. popular Antiques Roadshow. Heritage still sells coins but now also auctions stamps, fine art, movie posters, comic books, jewelry and Americana.
Heritage.s sales put it third in the world, behind Sotheby.s and Christies auction houses, spokeswoman Kelley Norwine said.
"I just love being a coin dealer," said Halperin, 56, a twice-published novelist whose books deal with cryonics and a foolproof lie detector that changes not just the justice system but also society. "I love being in business."
He, Ivy and Greg Rohan, another childhood coin maven and now Heritage president, occupy 17th-floor quarters atop the Uptown building. Visitors must wear ID tags and sign in with an attendant who sits behind glass off the black-and-white marble-floored lobby.
To read the complete article, see: Entrepreneurs have built big Dallas auction house (http://www.star-telegram.com/dallas_news/story/1053446.html)
Wayne Homren, Editor
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