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Article: Greg Manning Auctions 4th Quarter Auction Results Exceed Estimates.
- Article from:
- Business Wire
- Article date:
- June 2, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WEST CALDWELL, N.J. -- Greg Manning Auctions, Inc. (NASDAQ:GMAI) announced today that results of auctions held during the fiscal fourth quarter, which ends on June 30, 2005, have to date exceeded estimates. This trend is expected to continue through the remainder of the quarter.
Highlights of recent auction activity included:
--Corinphila Auctions of Zurich, Switzerland (65% owned by GMAI) conducted multi-day event auctions on May 18-21, which included another selection from the famed Dr. Anton Jerger Collection. These highly successful auctions totaled $8.2 million in aggregate sales, eclipsing the pre-sale estimate of $7.2 million.
--GMAI's ...
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