Heritage Auctions set numerous records in 2024, led by the most successful Sports auction ever held over the summer, a $61.9 million grand slam, followed just a few months later by the record-setting Entertainment event that strutted down the Yellow Brick Road to a $38.6 million finish.
Yet in 2024, no record loomed larger than the one set by the auction house itself: Last year, Heritage reached $1,867,023,603 in total sales, the highest ever for the 49-year-old company in the wake of three successive record-setting years.
That’s almost $1 billion more than Heritage recorded only four years ago, when sales totaled $873 million.
“Collectors continue to amaze us with their passion and curiosity, uncovering treasures that redefine what it means to preserve history and culture,” says CEO and co-founder Steve Ivy. “While much of the auction world faces its well-documented challenges, Heritage continues to thrive, driven by record-breaking results, innovative categories, technological advancements and a growing global community of collectors. As we welcome new generations into the world of collecting, we’re inspired by the opportunities to uncover new stories and connect people with the objects they love.”
The company that has long prided itself as “America’s Auction House” continued its national growth in 2024, expanding its office in West Palm Beach. But Heritage’s global record continued apace, too, with showrooms and offices opening in Tokyo and Munich. Heritage also expects to open an office in Canada in the coming year.
“With every discovery, every auction and every new connection, we’re reminded that the thrill of collecting is as timeless as the objects themselves,” Ivy says. “We can’t wait to see what 2025 will bring.”
Main Image: Dorothy's Ruby Slippers from The Wizard of Oz, which realized a staggering $32,500,000 in December. Courtesy HA
Anna Melnykova, "Palace of Labor (palats praci), architector I. Pretro, 1916", shot with analog Canon camera, 35 mm Fuji film in March 2022.
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