New auction house targets items valued under $500

An auction house with all lots priced at under $500 is now open for business.

Holabird Western Americana Collections has opened in Reno, Nev. It is managed by Andy Morehead, with Fred Holabird as adviser and auctioneer.

“With many of the larger companies requiring minimum lot requirements of $500, and in some cases $2,000, a huge percentage of collectors are left out,” Holabird said. “So at Holabird-Kagin Americana, we agreed with a group of energetic entrepreneurs to handle all of our material that is under the current economic threshold of $500 per lot. This means that a virtual warehouse of material will come into the marketplace slowly in auction format – a win-win for collectors everywhere.”

Items in its first sale included drug store bottles, western mining stocks, trade tokens, Morgan dollars, railroadiana and mining artifacts.

Holabird Western Americana Collections is located at 5635 Riggins Ct., Suite 15, Reno, NV. 89502. Telephone is 775-825-1624, and the website is FHWAC.com.

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