Old Town Auctions, LLP will be opening it doors in Frederick, Maryland for
its first auction on June 17, 2006 at the Great Frederick Fairgrounds with
currently 400 lots lined up for sale. The new auction house, which is owned by
Mathew Protos and Keith Spurgeon, specializes in general antiques, collectible
toys and advertising collectibles.

With a combined 45 years of experience
with antiquities, Protos and Spurgeon have a deep appreciation and thorough
knowledge of antique toys, comic character items, character watches and
Disneyana. In addition, they both have a somewhat antiquated approach to the way
their auctions will be held.

“We remember going to auctions years
ago and how much fun we had in the pre-Internet auction days,” said
Protos. “We want to have sales with an old-fashioned feel, no Internet
bidding – a real, live auction atmosphere again.”

Live Internet
bidding as become a staple of the auction industry, especially with the rise in

popularity of eBay, but both Protos and Spurgeon feel that in many ways the
live-auction has suffered because of it.

“We’d like our auctions to
be fun for the buyer again,” continued Protos. While we may lose a few
bidders by not having live Internet bidding, we will be focusing on our core
customer – the in-house bidder.”

For more information on Old Town
Auctions, upcoming sales and consignment information, visit www.oldtownauctions.com.