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The E-Sylum:  Volume 9, Number 25, June 18, 2006, Article 26

HERITAGE FEATURED IN ASSOCIATED PRESS ARTICLE

This week the Houston Chronicle published an article about Heritage,
the Texas coin and collectible behemoth:

"Employees at Heritage Auction Galleries search out treasures
forgotten in attics or secreted away in bank vaults. They have sold
the very first G.I. Joe action figure, the watch Buddy Holly wore
when he died and letters from Abraham Lincoln.

The Dallas company, which bills itself as the world's largest
collectibles auction house, built its success on the pop culture
of coins, comics and memorabilia, carving out a populist niche in
a field dominated by lofty institutions like Sotheby's and Christie's.

"Every piece has a story," said John Petty, a Heritage collectibles
and comics expert. "That is what makes them so valuable. You are
buying a piece of history, whether it is a big important piece
like JFK's rocking chair or a smaller piece."

"The risks have paid off for Heritage, which was founded in 1983
as a specialty coin dealer with several dozen staffers. The company
has since grown to about 300 employees and $500 million in yearly
sales."

"... Doug Norwine examined James Dean's pants from "Rebel Without
a Cause" ? a consignment he finagled from the shuttered Dean museum
in Fairmount, Ind.

Another find were original Duke Ellington scores that no one knew
existed. A New York trombone-player called Norwine, hoping for a
few hundred dollars to cure his sick dog. The jazz musician got
about $4,000 each for the scores at auction."

To read the complete article, see: Full Story

  Wayne Homren, Editor

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