Ableauctions Announces Leading Numismatic Auction Lineup.

FIFE, Wash. -- Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today its lineup of coin auctions to take place in January. Commencing January 12, 2005 Heritage Numismatic Auctions will broadcast two major signature sales in conjunction with the Florida United Numismatic Rare Coin Show 2005 in Fort Lauderdale. Included in the 8 sessions will be many outstanding collections of international importance.

Heritage Numismatic Auctions will be selling the Cincinnati Collection of American Gold Coins in their upcoming FUN Signature Auction, to take place January 12 to 15 in Fort Lauderdale. "The Cincinnati Collection," noted Heritage President Greg Rohan, "was put together by a very private gentleman from the Midwest, who spent years pursuing the most attractive gold rarities - especially in the AU-grade - that he could find. He thought that the AU-grade was the zenith of value, balancing eye-appeal with prices well-below uncirculated levels. The value of these rarities is undisputed, with the 88 coins in this collection reaching into the multi-millions of dollars."

Featured consignments to the 2005 FUN Signature Sale include The Jerry Bagne Collection of Proof Morgan Dollars, The Paul Bolyard PCGS Registry Collection of Washington Quarters, The Richard Chouinard Collection of United States Coins, The Cincinnati Collection, The William and Harrison Hiatt Collection, The Dr. Hoffnagle Collection of Morgan Dollars, The Gene Holland Collection of United States Coins, Part II, The John C. Hugon Collection of Barber Coinage, The Kenny's Bennies PCGS Registry Set of Franklin Halves, The Krist Collection, The Lang Collection, The Wes Rasmussen Collection, The Larry Rausch Collection, The Paul Taylor Collection, The Tillamook Collection, and The Stan Zurawski Collection.

Heritage - the world's largest rare coin dealer and a leading coin and currency auctioneer realized sales of over $ 30 million from the same event in January 2004.

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and the Company's business strategy. These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. 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 on-line auction business, our ability to implement our inventory procurement 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. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results may differ materially from the Company's expectations and estimates.