Ableauctions to Host C&P Numismatic Coin's ''TICF'' Auction.

OAKVILLE, Ontario -- Ableauctions.com (AMEX:AAC) announced today that it will host C&P Numismatic Coin's "TICF" auction September 29th and September 30th, 2006 on eBay Live Auctions through its subsidiary iCollector.com. Highlights from Friday, September 29th will include the following items: The Exchange Bank of Canada "No Town" overprinted $6 note 1872, Complete Specimen set "English Text." All 10 notes have been graded by CCGS as follows: $1 SP-58, $2 SP-63, $5 SP-63, $10 SP-63, $20 SP-63, $25 SP-63, $50 SP-63, $100 SP-63, $500 SP-63, $1000 SP-63. C/I Replacement Note, BC-37dA $11954 *C/I 5420380 original choice uncirculated. This is only the second example offered to the public. Only three notes are known and two of them are in private collections.

Saturday, September 30th will also showcase items such as a 1922 ICCS MS65 RED which is 85% to 90% red to wine red, an 1875H PCGS MS63PQ Blast white with full luster, and a 1905 PCGS MS65PQ gem light rainbow toning with excellent eye appeal.

C&P Numismatic Coin Auctions has been in business since 1997. They deal worldwide and have had the privilege of handling most of the Canadian rarities such as the 1935 $500 and $1000 notes, 1925 and 1911 $500 notes, the 1921 5(cents) and 50(cents) in low to Mint state grades and a few underrated Brass 1859 large cents.

"This will be our second large Auction with iCollector as we're very satisfied with the service as well as results from our last Auction with them," said Erick Paquet, President of C&P. "iCollector has made things slightly less complicated and has saved us numerous hours of painstaking work uploading the complete auction as well as making modifications when necessary."

For more information about this auction please visit http://www.icollector.com/catalog.aspx?sid=11261

About iCollector.com

iCollector.com is the pre-eminent 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 (NAA) 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)

About Ableauctions.com

Ableauctions.com Inc. (AMEX "aac") is a high-tech liquidator 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 at [e-mail]

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