Ableauctions -- Goldberg Coins' ''Pre Long Beach'' World and U.S. Coins Auction Attracts over 2000 Bidders Resulting in Almost $400,000 in Internet Sales.BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. -- Ableauctions.com (AMEX AMEX
See: American Stock Exchange :AAC (Advanced Audio Coding) An audio compression technology that is part of the MPEG-2 and MPEG-4 standards. AAC, especially MPEG-4 AAC, provides greater compression and better sound quality than MP3, which also came out of the MPEG standard. ) announced today that the "Pre Long Beach" world and U.S. coins auction, held May 28th to May 31st on eBay Live Auctions through its subsidiary iCollector.com, sold almost $400,000 to the Internet and attracted 2118 registered bidders. Highlights from the auction included the following items sold to Internet bidders:
San Marino - Platinum 20 Lire, 1938-R - $12,500.00 New Zealand - Crown, 1949 - $8,400.00 Russia - Ruble, 1912 - $5,400.00 A lot of 275 Morgan Dollars 1878-1904 - $3,600.00 1796 Draped Bust Quarter Dollar - $14,000.00 Hawaiian Islands, Department of Finance 1880 $10 - $17,500.00
Ira and Larry Goldberg Coins & Collectables, Inc., is located in Beverly Hills, CA. Co -- owners and professional numismatists, Ira and Larry Goldberg's have countless achievements to cite. They have set World Records for both the first gold coin Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC. , $20 gold 1907, to realize over one million dollars at public auction, as well as participating in the group that purchased the largest numismatic nu·mis·mat·ic
1. Of or relating to coins or currency.
2. Of or relating to numismatics.
[French numismatique, from Late Latin numisma, numismat-, purchase of all time, the S.S. Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. treasure, valued at 100 million dollars.
In addition to these successes, Larry and Ira Goldberg marketed and sold the King of Siam Set in November 2005 for $8.5 million. Also noteworthy are their contributions to two of the most popular numismatic reference books in the industry, The Guide Book of United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Coins ("The Red Book"), and The Handbook of the United States Coins ("The Blue Book").
iCollector.com is the pre-eminent pre·em·i·nent or pre-em·i·nent
Superior to or notable above all others; outstanding. See Synonyms at dominant, noted.
[Middle English, from Latin prae supplier of live online auction technology and services to some of the world's most prestigious galleries and industrial auction houses and operates one of the largest eBay Live Auction sales and support centers in the world. It is the only auction technology company to be endorsed by the National Auctioneers Association The National Auctioneers Association (NAA) is a group of auctioneers, auction businesses and related companies that seeks to promote the auction method of marketing and the practice of auctioneering in the United States The NAA is an interest group.. (NAA NAA
Nomina Anatomica Avium. ) and has partnered with eBay Live Auctions in streamlining the process of broadcasting auctions real-time on the Internet. iCollector's technology enables auction houses to open their establishments to the world by allowing online bidders to participate in real-time on the auction floor.
Visit www.icollector.com or (www.icollector.com/ourTechnology.aspx)
Ableauctions.com Inc. (AMEX:AAC) is a high-tech liquidator Liquidator
Person appointed by an unsecured creditor in the United Kingdom to oversee the sale of an insolvent firm's assets and the repayment of its debts. and on-line auction facilitator that operates the domains iCollector.com, Naalive.com and Unlimited Closeouts.com.
As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art 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. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.
As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.
For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations Investor relations
The process by which the corporation communicates with its investors. at email@example.com
This press release contains forward-looking statements forward-looking statement
A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , particularly as related to, among other things, the business plans of the Company, statements relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc goals, plans and projections regarding the Company's financial position and the Company's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our staff, loss of management personnel, an inability to obtain financing as and when we need it, competition from other on-line auction businesses, our ability to implement or manage our expansion strategy, general economic conditions, our ability to license our software to other auction houses, our ability to acquire profitable companies and integrate them into our business successfully and other factors that are detailed in our Annual Report on Form 10-KSB and on documents we file from time-to-time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. E.&O.E.