Ableauctions Announces Heritage Coin To Broadcast
$25 Million Auction Through iCollector
FIFE, WASHINGTON - December 10, 2003 - Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that Texas based Heritage Galleries & Auctioneers, the largest dealer and auctioneer of collectibles including rare coins, currency, comics, movie posters and illustration art in the world, will broadcast one of their largest coin auctions in history through iCollector starting January 7, 2004.
Heritage will hold four separate auctions of US coins, currency and world coins in January 2004 and expects sales to exceed $25,000,000. Amongst the featured items will be the Green Pond Collection, a complete set of the gold coins produced at the Dahlonega Mint. The collection holds dual PCGS Registry leadership as the #1 Current and #1 All-Time Finest Dahlonega Collections. The Green Pond Collection, according to Heritage President Greg Rohan, "is one of the finest complete collections of the gold rarities minted in Dahlonega. Overall, the quality is simply incredible. Many of the coins are the finest known survivors, and virtually every example is Condition Census - and most of those are low on the list. The Green Pond pedigree will be further enhanced by the fact that nearly every rarity is also a plate coin in the second edition of Doug Winter's Gold Coins of the Dahlonega Mint, 1838-1861."
The Signature Sale takes place in Orlando January 7-10, 2004 and will be broadcast through the services of iCollector.
About Ableauctions.com
Ableauctions.com is a high-tech auctioneer that conducts auctions live and simultaneously broadcasts them over the Internet. With the experience of 3,000 auctions, the Company has developed its own technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com.
About iCollector.com
iCollector.com is a wholly owned subsidiary of Ableauctions and is the independent connection to the world's auction houses. Founded in 1994, it was the first company dedicated to trading antiques, fine art and premium collectibles on the Internet. Today iCollector.com represents some of the world's leading auction houses. Since January 2001, its alliance with eBay Live Auctions has resulted in hundreds of Live Auctions being broadcast in real-time, directly to the salesroom as the auction happens, selling tens of thousands of lots to many thousands of users online. With its unparalleled understanding and expertise in this sector, iCollector can help you to maximize your opportunities to find, buy or sell art, antiques and collectibles online.