Heritage Auctions produced strong results for 2019

Heritage Auctions, HA.com, reported that it recorded sales of $824.7 million in the 2019 calendar year, comprised of $559,931,610 in auction sales and $256,991,331 in private sales.
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Duane Allman's guitar, circa 1961/1962, a Gibson SG, Cherry, solid body electric guitar, serial #15263, which was owned and played by Graham Nash, sold for $591,000 on July 21, 2019 via Heritage Auctions.

Duane Allman's guitar, circa 1961/1962, a Gibson SG, Cherry, solid body electric guitar, serial #15263, which was owned and played by Graham Nash, sold for $591,000 on July 21, 2019 via Heritage Auctions.

DALLAS – Strong results and several high-profile, world-record setting sales in comic art, coins, sports memorabilia and other departments, helped push Heritage Auctions’ total sales for 2019 to nearly $825 million.

Heritage Auctions, HA.com, reported that it recorded sales of $824.7 million in the 2019 calendar year, comprised of $559,931,610 in auction sales and $256,991,331 in private sales. Total sales online reached a company record of $483,857,445, or 58 percent of all sales, the highest dollar volume and percentage of sales of any auction house in the world.

“We set several world records last year and our overseas offices continue to grow at a steady pace, all of which helped our sales hold strong amidst a choppy economy,” said Heritage Auctions co-founder Jim Halperin. “These results and our long-term investments in the business have positioned us for a strong 2020.”

A significant contributor to sales was the number of private collections Heritage said it brought to market in 2019. Among them, the private collection of Graham Nash, singer-songwriter and member of the folk group Crosby, Stills, Nash & Young. Duane Allman's guitar, circa 1961/1962, a Gibson SG, Cherry, solid body electric guitar, serial #15263, which was owned and played by Graham Nash, sold for $591,000 on July 21, 2019. Watch the video below for other Nash items that were up for auction at that time.

Heritage said it continues to see growth of its client base, last year reaching the milestone of 1.25 million registered online bidder-members, who use HA.com, Heritage’s online platform, to buy and sell collectibles across its more than 40 collecting categories.

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world’s largest collectibles auctioneer. Heritage maintains locations in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

For more information, visit HA.com.