| New York, NY - January 8, 2008 - R.M. Smythe | | | | later asked to head up Heritage's Internet |
| &; Co. and Jason W. Bradford jointly announced | | | | currency auctions. Under his direction, the weekly |
| today that effective January 21, 2008, Mr. | | | | Internet Currency auctions at Heritage grew from |
| Bradford will be joining forces with R.M. Smythe, in | | | | $250,000 in sales in 2000 to more than $2.7 million |
| the capacity of Executive Vice President-Auctions. | | | | in sales in 2004. He played a crucial role in the |
| In this capacity, Mr.Bradford will bring his significant | | | | integration of Currency Auctions of America into |
| expertise in U.S. paper money, coins and auction | | | | the Heritage organization when they were |
| management to the Smythe family of auction | | | | acquired in 2001. In January, 2005, he was asked |
| clienteles. Commenting,Mr. Bradford stated "Having | | | | to begin PCGS's currency grading division, and has |
| spent my entire working career in numismatics, I | | | | since built PCGS Currency into its current status |
| am delighted to bring a wide spectrum of | | | | as a pre-eminent player in the highly competitive |
| experiences to bear on the opportunity that a full | | | | grading services field. |
| service, multi-collectible auction and retail house | | | | Mr.Bradford is a member of numerous hobby and |
| represents. Smythe's long-standing reputation for | | | | professional organizations, incuding the Professional |
| integrity, their wide variety of clienteles, and the | | | | Currency Dealers Association, SPMC, FUN, CSNS, |
| collectible fields represented in-house all combine | | | | ANA, and is a lifetime member of the Tennessee |
| to provide a delightful opportunity for future | | | | Numismatic Association. He is an avid collector of |
| growth in their auction activities. I am excited | | | | Arkansas National Bank Notes, and brings his |
| about the multiple possibilities that lie ahead." | | | | hobby enthusiasm to thebusiness side of the |
| Mr. Bradford, a career numismatist, began | | | | hobby. He is a 1998graduate of Vanderbilt |
| collecting coins and currency at the age of 8 and | | | | University in Nashville, TN, with a B.A. degree in |
| started in the field as an independent coin dealer | | | | economics,and was awarded a Masters in |
| at the age of 15. He joined the Heritage | | | | Business Administration from Southern Methodist |
| organization in 2000 as a coin cataloger, and was | | | | University in Dallas, TX, in 2003. |