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Heritage Auctions' Make Offer to Owner program hits $10 million record
Robert Crumb’s 1970 Complete Sketchbook Original Art, which sold through MOtO for $143,400, also representing a jump of nearly 24 percent over the original return.


DALLAS, TX.- Heritage Auctions’ Make Offer to Owner (MOtO) service, a proprietary program in which clients make anonymous offers to purchase items previously sold at auction, enjoyed a record-breaking year in 2017 as sales surged to more than $10 million.

“This program combines two of the features clients consider most important: quickness and security,” Heritage Auctions Co-Chairman Jim Halperin said. “It allows a quick way for a customer to continue pursuit of a missed auction item, and does so through a safe, efficient process that benefits both sides of each transaction.”

The top seven MOtO sales yielded a six-figure return; seven of the top 10 lots sold during 2017 were sports collectibles and memorabilia.

Clients who enroll in Heritage’s MOtO program have the opportunity to bid on items in select auctions within 72 hours after the conclusion of the sale for all items that have been in inventory for more than 30 days. Those who make an anonymous offer will have their information transmitted by Heritage to the lot’s owner, who then has the option of accepting or rejecting the offer, or presenting a counteroffer for the MOtO client’s consideration. Heritage retains 10 percent of the total price as a commission and waives all credit card and/or PayPal fees. Transactions are managed through HA.com, which protects the privacy of all parties. Lots can be returned during a seven-day window, after which MOtO transactions are binding.

The top 10 MOtO lots from 2017 were:

· The 1964 American League Most Valuable Player award from the Brooks Robinson Collection, which sold for $202,000, marking a bump of nearly 24 percent over the original auction price

· Robert Crumb’s 1970 Complete Sketchbook Original Art, which sold through MOtO for $143,400, also representing a jump of nearly 24 percent over the original return

· A 1902-11 W600 Sporting Life Honus Wagner – Street Clothes SGC 60 EX 5 drew $135,000 – an increase of just over 38 percent

· A 1909-11 T206 Piedmont Walter Johnson Portrait PSA Mint 9, which sold for $125,000 (up 61 percent)

· The 1986 World Series Last-Out Baseball from The Gary Carter Collection realized $120,000, an increase of more than 67 percent

· A 1905-10 Honus Wagner Game Used Decal Bat, PSA/DNA GU 8, which went for $110,000, an increase of 119 percent

· A 1932 U.S. Caramel Babe Ruth #32 PSA NM-MT 8 brought $110,000, up from $83,650

· An 1881 $20 PR63 Ultra Cameo NGC that sold for $72,500, a jump of just over 80 percent from the original sale price

· A 1909-11 T206 Sweet Caporal Ty Cobb (Red Portrait) SGC 88 NM/MT 8 drew $65,000, an increase of more than 50 percent

· An 1895 $1 PR64 Cameo NGC went for $59,000, a jump of more than 18 percent





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February 4, 2018

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The Vancouver Art Gallery presents Takashi Murakami's works in first ever retrospective to be presented in Canada

Exhibition at the Guggenheim Museum Bilbao covers sixty years of Henri Michaux's creative activity

Exhibition brings together recent work with earlier paintings from the 1970's and 80's by Edwina Leapman

Galerie Jeanne Bucher Jaeger opens exhibition of works by Mark Tobey

Preserved in time: WWII bunker hidden under Paris train station

Turner Contemporary explores the relationship between T.S. Eliot's 'The Waste Land' and the visual arts

Minneapolis Institute of Art and theater artist Robert Wilson collaborate to create immersive experience

First solo exhibition of Italian abstract painter Giorgio Griffa in the United Kingdom on view at Camden Arts Centre

From homemakers to makers: The history of University of Georgia's craft programs

National Postal Museum opens exhibition celebrating women's duty and service in World War I

Spertus Institute commissions site-specific installation by Chicago artist Ellen Rothenberg

Erte serigraph, Majolica pitcher, Meerschaum pipes, more at Feb. 17 auction in Florida

Museum Ludwig exhibits works by photographer couple Pirkle Jones and Ruth-Marion Baruch

Foam in Amsterdam opens exhibition of photographs by Lucas Foglia

Book culture returns to Iraq's post-jihadist Mosul

Banca di Bologna exhibits photograms by artist Elia Cantori

Exhibition explores the history of birds' nests and egg collecting through art

Heritage Auctions' Make Offer to Owner program hits $10 million record

Dallas Museum of Art appoints Sarah Schleuning as Senior Curator of Decorative Arts and Design

Fiumano Clase opens exhibition of works by recently graduated emerging artists

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