Heritage Auction Galleries recently reported that their latest fine art,
sculpture, photography and illustration art auction, held on May 3 – 4, 2006,
posted over $2.8 million in revenue. The auction featured the work of Arthur
Dove, Williams Gollings, Oscar Edmund Berninghaus, Jane Peterson and Gil
Elvgren.

“I’m very pleased with the results of this auction,” said Dr.
Edmund P. Pillsbury, Managing Director of Fine and Decorative Arts for Heritage.
“We saw strong bidder participation in each session, both in the auction room
and on the phone, as well as via the Internet, all of which contributed to the
strong prices realized. The Arthur Dove painting, for example, performed
extremely well, bringing $131,450 against a pre-auction estimate of
$80,000.”

In fact, most of the auction pieces sold for more than the
estimated value by a significant margin. For more information on this or other
Heritage auctions, visit www.heritageauctions.com.