Ableauctions C&P Numismatics Auction Sells over $250,000 to the Internet, Attracting over 300 Registered Bidders

. August 1, 2007

Ableauctions.com (AMEX:AAC) announced today that C & P Numismatics Coin’s “TICF” auction held July 13th and July 14th, 2007, realized over $250,000 in Internet sales and attracted over 300 register bidders. Highlights of the event included the following online sales:

1890H 50¢ EF40 – $5,000.00

1885 Small “Repunched 5” ICCS MS63PQ+. – $4,300.00

1947 Maple Leaf PCGS MS65PQ – $4,200.00

1938 $1 PCGS MS65 – $4,000.00

1918 50¢ PCGS MS65 – $3,750.00

C&P Numismatic Coin Auctions has been in business since 1997. They deal worldwide and have had the privilege of handling most of the Canadian rarities such as the 1935 $500 and $1000 notes, 1925 and 1911 $500 notes, the 1921 5¢ and 50¢ in low to Mint state grades and a few underrated Brass 1859 large cents.

About iCollector.com

iCollector.com is the pre-eminent supplier of live online auction technology and services to some of the world’s most prestigious galleries and industrial auction houses and operates one of the largest eBay Live Auction sales and support centers in the world. It is the only auction technology company to be endorsed by the National Auctioneers Association (NAA) and has partnered with eBay Live Auctions in streamlining the process of broadcasting auctions real-time on the Internet. iCollector’s technology enables auction houses to open their establishments to the world by allowing online bidders to participate in real-time on the auction floor.

Visit www.icollector.com or www.icollector.com/ourTechnology.aspx.

About Ableauctions.com

Ableauctions.com Inc. (AMEX:AAC) is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, NaaLive.com and UnlimitedCloseouts.com.

As an online auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com.

Category: Auction News

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