Heritage Auctions, the largest auction house founded in the United States, reported total first quarter sales of $337,410,572, an increase of 16 percent over the same period last year. Revenue was driven by world record-breaking sales of U.S. and World & Ancient coins, Comics & Comic Art and Sports memorabilia.
In February, the firm’s Sports collectibles category fueled $42 million in monthly sales, a record-shattering mark which included the industry’s most valuable sports auction at $32.7 million.
Highlights included the world record for the most expensive Michael Jordan card, which realized $1.4 million, the $2.5 million sale of a 1909 Honus Wagner card and the first Reggie Jackson cardboard to break the million-dollar mark. Heritage also holds the title as the first auction house to offer an NBA Top Shot, with a Zion Williamson Series 1 Rookie Debut #’d 1/192 realizing $162,000.