Business Services Industry
Heritage Acquires Odyssey Auctions
Business Wire, March 18, 2004
Entertainment Editors/Business Editors
27th Annual Dallas Guitar Show & MusicFest
DALLAS--(BUSINESS WIRE)--March 18, 2004
Heritage Galleries & Auctioneers (www.HeritageGalleries.com) has purchased the assets of Odyssey Auctions. Those assets include the auction rights to the popular Dallas Guitar Show. All of the current consignments will be offered at the regularly scheduled April 17-18, 2004 auction being held at the 27th Annual Dallas Guitar Show & MusicFest at Market Hall in Dallas. Future auctions will be held under the name Heritage-Odyssey. Continuing its auction expansion into additional collectible specialties, Heritage Galleries & Auctioneers is the world's largest auctioneer of collectibles, and is privately owned. Odyssey Auctions and the Dallas Guitar Show auction rights were purchased by Heritage from Collectors Universe, Inc. (Nasdaq:CLCT). Collectors Universe has recently divested of its auction holdings, selling its sports and numismatic auction companies to Greg Manning Auctions (Nasdaq:GMAI).
Heritage Galleries & Auctioneers is the world's largest dealer and auctioneer of collectibles, with 2003 sales of almost $250 million ($123 million at auction). Heritage's popular web sites list over 600,000 previously sold auction lots, fully searchable with descriptions and enlargeable color images. Over 125,000 bidder-members, representing some of the most serious collectors in the world, have registered to bid in Heritage's online auctions. The HG&A family, headquartered in Dallas, specializes in: U.S. rare coins through Heritage Numismatic Auctions; world and ancient coins through Heritage World Coin Auctions; currency through Heritage-Currency Auctions of America; comics and comic art, illustration and comics art, vintage toys, movie posters, records, and Hollywood/music memorabilia through Heritage Comics Auctions and Heritage-Odyssey; and sports and collector cards and sports memorabilia through Heritage Sports Collectibles. Heritage also offers political memorabilia, silverware, antiques, American paintings and sculpture, and decorative and fine arts. Additional information can be found at their website www.HeritageGalleries.com. HG&A sells collectibles across a number of markets and serves one of the largest client lists of active collectibles buyers in the world, using advanced technology to maximize its marketing outreach.
Michael Haynes, the Chief Executive Officer of Collectors Universe, Inc., stated, "The Dallas Guitar Sale will be hugely successful under the ownership and management of Heritage. Not only does Heritage produce some of the finest catalogs in the world of collectibles, but they have an excellent interactive website, their marketing of the product for sale is excellent and the sale is located in their home town."
This April's Heritage-Odyssey "Icons of 20th Century Music Sale" contains nearly 500 lots (insured for three million dollars) and will be hosted at www.autographs.com.
Highlights include:
WARDROBE Elton John's Stage Worn White Jumpsuit Elvis Presley's Nudie Jumpsuit Elvis Presley's Dress Shirts Johnny Rotten's 'Brothel Creeper' Shoes John Lennon's T Shirt Steve Jones' Rubber Tour-Worn Shirt Buddy Holly's T Shirt Elton John Hats Elton John Suits Monkees' TV Used Costume Jacket - Signed Paula Abdul Stage Worn Outfit - Signed Ringo Starr Tour Jacket - Signed The Cars - Two Stage and LP Worn Jackets Whitney Houston Owned and Worn Outfit John Phillips Wardrobe Items Ringo Starr Signed Tour Jacket INSTRUMENTS Roger McGuinn's 1966 Rickenbacker 370-12 James Jamerson's Motown Used Upright Bass Kurt Cobain's 1960's Mosrite Gospel Elton John's Composing Piano George Harrison's Harptone 12 String John Entwistle's 1959 Gretsch Chet Atkins 6120 Elvis Presley's Piano from RCA's L.A. Studios Sex Pistols 'God Save The Queen' Drum Kit Gram Parsons Custom Made Acoustic Eric Johnson's 1965 Dakota Red Stratocaster Steely Dan - Studio Used Basses and Guitar Allman Brothers 1957 Les Paul PAF Gold Top Scotty Moore's 1983 Gibson Super 400 The Cars - Stage and Studio Used Guitars Lefty Hofner Bass Signed By Paul McCartney John Phillips Owned Guitars & Uke The Rembrandts - 'Friends' Theme Used Guitars 1955 Fender Strat Used by Yardbirds in 1965 Motley Crue 1981 BC Rich Mockingbird Bass Duran Duran Kubicki Ex Factor Bass Prototype Pre-Production PRS Trade Show Model DOCUMENTS & AUTOGRAPHS Paul McCartney Handwritten Letter Elvis Presley Handwritten Letter Grateful Dead Contracts James Jamerson Session Charts Badfinger Handwritten Lyrics Benny Benjamin Session Charts Badfinger Financials & Contracts Bobby Darin Contract Dean Martin Contract Rick Nelson Contract Sex Pistols Contract The Eagles Contract Frank Sinatra Contract Frank Zappa Signed Checks - to other Celebs Beatles Signed Sgt. Pepper LP Beatles Signed Promotional Poster Jimi Hendrix Signed Woodstock Festival Ticket Elvis Cast & Crew Signed Movie Banner Vintage Signed Concert Programs AWARDS John Lennon's Grammy Presenter's Medal Sarah Vaughn's Grammy Presenter's Medal Beatles Record Awards Beatles Billboard Music Award Elton John/Bernie Taupin Playboy Poll Medal Elton John's Hollywood Walk of Fame Award Sarah Vaughn's Walk of Fame Award Elton John Records Awards Monkees Records Awards Mamas & The Papas Record Award MEMORABILIA George Harrison's English School Book Jimi Hendrix' Beaded Necklace Jimi Hendrix' Microphone Elvis Signed RCA 'Nipper Dog' Bust Beatles Movie Lobby Cards Beatles Movie Posters John Lennon Personal Items Victor Spinetti's Fur Hat from the Beatles 'Help!' Tony Curtis Head from the Sgt. Pepper LP
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