Press Release - November 13, 2001

UncommonCon Cancels Festival -- Heritage Auction to Proceed on Schedule

Heritage to Provide Free Exhibit Space to Vintage Comics/Art Dealers in Attendance. Possible Second Signature Auction Bourse in March 2002.

Dallas, TX -- Though it enjoyed high expectations and support from several influential organizations, the Dallas UncommonCon pop culture festival was forced to cancel as a result of slow table sales and room bookings. According to James Echols, the show chairman and president of Uncommon Solutions, "The Anatole Hotel insisted that the show must either make up the shortfall or cancel, and without sufficient funds, canceling became the only option. On such short notice, UncommonCon was unable to find another venue to which it could relocate."

Echols added, "Our thanks and sincere apologies to all participants, especially to the Comics Buyers Guide for the publicity they gave us, and to Heritage Comics Auctions, whose $1 million comics, art and movie posters auction would have certainly been a highlight of our festival. Unfortunately, all their good faith and support just wasn't enough to overcome the slowdown in our sales. People aren't traveling as much anymore, and as a relatively new event -- this would have been our second annual festival -- UncommonCon felt the pinch from that slowdown more than most."

Despite the sudden cancellation of UncommonCon, Heritage Auctions announced that its auction will take place as scheduled, at Dallas's Wyndham Anatole hotel on November 23-24. Hotel rooms are still available for bidders planning to attend at a special weekend rate of just $89 per night, single or double occupancy, at http://www.wyndham.com/hotels/DFWAN/main.wnt

"Of course we're surprised and disappointed that UncommonCon will not happen this year," said HCA Director John Petty, "but the cancellation of the show has little if any direct impact on our auction. Nearly everyone who was planning to attend before has told us they are still coming, and the very few who won't said they will simply bid through our website. A few dealers and collectors have even told us that they will now come to our offices during the next 10 days as well, to view the lots here and then bid by telephone. We might see slightly stronger participation by some of the dealers, who now won't be distracted by the activity of the show. Fortunately for our consignors, we have multiple ways to accept bids. In addition to the live session in Dallas, we'll be accepting bids by fax, mail, email, Interactive Internet? through our website http://www.HeritageComics.com , and eBay Premier Live Bid (the latter with a 5% surcharge to cover eBay Premier's fees). Telephone bidding during the live session may be prearranged, and we will install multiple phone lines to call clients who wish to bid by phone throughout the auction."

HCA has also rented space to set up a trading room at the Wyndham Anatole hotel for vintage comics and comics art dealers who are participating in the auction. These dealers will be able to buy, sell, and trade amongst themselves, and offer their wares to any attending members of the public during the auction days of November 23 and 24. Heritage has offered to pay the entire cost of the space and will also try to arrange additional space, if possible, for a limited number of comics-related events that would have been part of UncommonCon.

Should the bourse prove popular with dealers and collectors, Heritage plans to repeat the free offer for its March 15-17 Signature auction, also taking place in Dallas. Further details about consigning to the March Signature auction can be had by contacting Petty at 214-252-4392, or by e-mail at JPetty@HeritageComics.com. To arrange for phone or mail bidding, please contact Norma Pedrero at 214-252-4242.

Heritage Comics Auctions is actively seeking collections to purchase outright or for consignment to upcoming auctions or private treaty sales. Using state-of-the-art technology and an expertise gained through 25 years in the collectibles auction field, Heritage Comics Auctions offers the highest standards in client services and customer satisfaction.

HCA specializes in rare, high-grade comic books, as well as vintage comic and animation art, illustration art and comics-related collectibles, and runs auctions using a variety of Internet venues, as well as live auctions. HCA's website, http://www.HeritageComics.com , allows visitors to submit their want lists, or join a comics community where they will receive special offers, discounts on catalogs and subscriptions, a free weekly e-newsletter, 20% rebates on CGC submissions, free message boards, advance notice of upcoming auctions and other events, and more, all with no cost and no obligation.

The Heritage name is recognized worldwide for selection, quality, value, expertise, financial strength and technological and numismatic leadership. Year 2000 sales exceeded $150 million and assets were approximately $30 million as audited by Arthur Andersen & Company. HeritageCoin.com is the Internet's most popular and highly trafficked rare coin site with over 40,000 registered members, 8,000 daily visitors and approximately 90,000 unique users per month. HeritageCoin.com is the only coin site ever chosen by Forbes Best of the Web (1999 and 2001), and also won the most recent Numismatic Literary Guild award for Best Numismatic Internet Site. Heritage Comics Auctions is pleased to bring the same resources, integrity, and customer-service orientation that have fuelled the success of Heritage Numismatic Auctions to the comic book and original art field.

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