JIM HALPERIN 上市 Deposited

PROFILE

文章內容
  • The E-Sylum: Volume 7, Number 13, March 28, 2004, Article 17

    PROFILE: JIM HALPERIN

    On Friday, March 19, 2004, The Dallas Morning News
    published a profile of E-Sylum subscriber Jim Halperin
    of Heritage.

    "How does a 15-year-old end up with a secretary, 30
    part-time employees and $100,000 in the bank?

    For the answer, go to James Halperin, co-chairman of the
    board of Dallas-based Heritage Galleries & Auctioneers.
    Thirty-six years ago, as a teenager growing up in
    Massachusetts, Mr. Halperin had his own mail-order business.
    A very successful mail-order business.

    I had ads in magazines like Popular Mechanics and Popular
    Science," Mr. Halperin says. "They weren't original ideas. I
    just targeted people trying to make money at home. Eventually,
    I hit on an idea that worked."

    Told they could join a sales network for a small fee - between
    $4 and $10 - people began sending in money.

    "Jim was the post office's largest customer in our town," says his
    father, Edward Halperin, 78, now of Atlantis, Fla. "They would
    have sacks and sacks of mail for him."

    Jim needed help with the workload, so he hired neighborhood
    kids to open envelopes and fill orders. A secretary kept things
    organized and drove Jim around town. He was, after all, still too
    young for a driver's license. At one point, Jim's bank account
    contained more than $100,000.

    Then a postal inspector knocked on the family's door.

    Jim's ad was misleading. His "sales partners" weren't making
    any money. But Jim still had all of theirs. A deal was struck. If
    Jim refunded his customers' money, charges would not be
    pursued."

    "Now 51, James Halperin sells stuff. Incredibly collectible
    stuff. Rare coins, currency, movie posters, comic books,
    comic book art, illustrations, and entertainment, music and
    political memorabilia.

    Heritage Galleries & Auctioneers is the world's largest
    auctioneer of coins and collectibles. Annual sales at the
    company are past the $200 million mark. Mr. Halperin deals
    with some of the world's most famous artists and most serious
    collectors - such as actor Nicolas Cage, whose comics the
    company auctioned in 2002."

    During a coin show in 1968, Mr. Halperin met Mr. Ivy, a
    Fort Worth native with his own coin company, Steve Ivy
    Rare Coin Co., in downtown Dallas.

    "At that point he was 15 or 16 years old," recalls Mr. Ivy.
    "He was clearly very bright. We just hit it off."

    When the coin business nose-dived in the early 1980s, both
    men were in similar situations, trying to survive in a business
    they both loved. Their friendship turned into a business
    proposition, and their companies merged.

    "I told Jim that Dallas was an attractive city for a business,"
    says Mr. Ivy, "and the weather was a lot better than back
    East. He agreed."

    Mr. Halperin's University Park home is practically a pop art
    museum. Walls are covered with original art from some of the
    world's most famous cartoonists and illustrators.

    There's work by legendary Mad magazine artists Bill Elder,
    Don Martin and Jack Davis. There's original art by comic-
    book masters Robert Crumb and Al Williamson. And
    original comic-book covers from Spider-Man, Mad,
    American Splendor and the classic 1950s EC comic Weird
    Fantasy."

    "Mr. Halperin doesn't mind being surrounded by his work.
    A job, he says, is something you should enjoy. It's a lesson
    he hopes to impart on his children.

    "It's important to find a vocation where you don't trudge to
    work every day," he says. "I wake up and go, 'Oh, boy! I
    can't wait,' and that's how I want them to feel."
    Full Story

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  • 2004-03-28
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