For more information, contact:

CHRIS GALLO, Greg Martin Auctions
Telephone: 415-537-3800
Fax: 415-543-7576
Email: cgallo@gregmartinauctions.com

GREG MARTIN AUCTIONS' TWO-DAY WINTER EVENT OF EDGED WEAPONS AND FINE & COLLECTABLE ARMS TOTALS OVER 2.6 MILLION

Part I of the Littman Estate Achieves Over $1 Million

March 9, 2008

SAN FRANCISCO, CALIFORNIA – Greg Martin Auctions' two-day winter event of Edged Weapons and Fine and Collectible Arms & Sporting Guns concluded with another multi-million dollar tally. When the gavel came down on the final lot, the sale on February 25 & 26 had realized over $2.6 million, with buyers participating both nationally and internationally in the San Francisco auction gallery, online in real time, and via telephone and absentee bidding.

The event featured Part I of the largest collection of Bowie Knives and Edged Weapons ever to come to auction: the Estate of Donald Littman includes over 1500 knives of superb quality and craftsmanship from the last two centuries. Part I came up for bid on February 25 and achieved over $1 million; the results reaffirmed the strength of Bowie knives made in San Francisco. Part II will be offered at a future Greg Martin Auctions event. Day Two of the winter sale featured over 750 Fine and Collectible Arms and Sporting Guns, where the sale of a rare prototype Walther semi-automatic pistol generated particular interest.

HIGHLIGHTS OF THE FEBRUARY SALE INCLUDE:

From Day One -- The Largest Knife Sale Ever, Featuring the Estate of Donald Littman, Portland, Oregon

• $92,000 - Scarce Hardware or Cutlery Store Sample Case of 98 Pocket Knives, with Matching Gold Hand-Lettered Wood Sign "A. Burkinshaw, Pepperell, Mass." Lot 173.

• $80,500 - Rare Engraved and Silver-Mounted San Francisco Dress Knife by M.J. Hayes, Ivory Handle and Silver Scabbard. Lot 78.

• $57,500 - Giant Exhibition Multi-Blade Knife by Christian, Solingen, for Deutscher Gewerbefleiss, 1893. Lot 164.

• $40,250 - Fine W. & S. Butcher, Sheffield, Alligator Motif and Pearl Mounted Bowie Knife, with Scabbard, c. 1840s. Lot 12.

• $34,500 - Fine Will & Finck Gold Rush Period San Francisco Push Dagger, with Walrus Ivory Grip and German Silver Scabbard. Lot 74.

From Day Two -- Fine and Collectible Arms and Sporting Guns

• $126,500 - A Rare and Important Pre-World War II Prototype Walther MP Hammerless Model Semi-Automatic Pistol, in .45 ACP Caliber c. 1935-36. Lot 1152.

• $97,750 - Fine U.S. Martially Marked Cased Colt Second Model Dragoon Revolver, with Accessories. Lot 1047.

• $97,750 - A Rare Nine-Inch Colt Texas Paterson No. 5 Holster Model Revolver. Lot 1043.

• $86,250 - Massive 4-Bore British Black Powder Double Rifle. Lot 1193.

• $69,900 - Rare and Important U.S. Martially Marked Colt Texas Paterson Revolver, Accompanied by Leather Flap Holster. Lot 1044.

Items from the February sale were showcased in two separate catalogs, "February 25, 2008 Auction -- The Largest Knife Sale Ever" and "February 26, 2008 Auction -- Fine and Collectible Arms and Sporting Guns." Both catalogs are still available online now for purchase -- now at half off. As always, the complete catalog and auction results are presented online at www.gregmartinauctions.com by individual lot, including full descriptions, estimates and photographs.

Photos of the February Auction items are available at: www.gregmartinauctions.com/gma/toplots/feb08toplots.html -- or contact Chris Gallo at 415-537-3800 or via email at cgallo@gregmartinauctions.com.

* (Note that, unless otherwise noted, all sales figures mentioned here reflect aggregate sales; that is, hammer price plus buyer's premium.)

ABOUT GREG MARTIN AUCTIONS

Based in San Francisco, Greg Martin Auctions (GMA) provides collectors, institutions, dealers and enthusiasts with unsurpassed expertise and a complete range of services to appraise, value, market and sell fine antique, collectible and sporting arms, armor and historical memorabilia. The company's full-service approach to auctions includes state-of-the-art technology, bi-coastal linked auction rooms, telephone and absentee bidding (including online bid submission), fully illustrated online catalogues, and private preview showings by appointment. Sales schedules and collector information are available online.

A leading auction house for antique arms and historic memorabilia, Greg Martin Auctions has achieved the sale of some of the most important arms ever sold and numerous world records - including the highest price ever paid at auction for a firearm: $828,800 for a cased, gold-inlaid 1849 Colt revolver. For more information, contact Greg Martin Auctions by telephone toll-free at 1-800-509-1988, by fax at 415-543-7576, by email at info@gregmartinauctions.com or online at www.gregmartinauctions.com.

About Escala Group, Inc.

Escala Group is a consolidated global collectibles network. The Company is a leading auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. Escala is also a merchant/dealer of certain collectibles and trader of precious metals. The Company's collectibles offerings span the modest to ultra high-end price spectrum. Escala conducts its operations in two business segments: collectibles and trading.

Escala's Group Companies focused on philately are Greg Manning Auctions, Ivy & Manning Philatelic Auctions, H.R. Harmer, and Nutmeg Stamp Sales, all of North America; Corinphila Auktionen of Zurich, Switzerland and the Kohler group of auction companies of Berlin and Wiesbaden, Germany from our European division; and John Bull Stamp Auctions, Ltd, the oldest philatelic auction house in Hong Kong in our Asia division. Escala's Group Companies in its numismatics division include Teletrade, Bowers and Merena Auctions, North American Certified Trading, and Spectrum Numismatics International, one of the largest wholesalers of rare coins in the U.S. Greg Martin Auctions is in the Company's art and antiques division.

The trading activities of Escala Group are conducted through A-Mark Precious Metals, one of the largest private sellers of bullion coins and bullion gold, silver and platinum to the wholesale marketplace.

SAFE HARBOR STATEMENT

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The words "should," "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan" and similar expressions and variations thereof identify certain of such forward-looking statements, which speak only as of the dates on which they were made. Additionally, any statements related to future improved performance and estimates of revenues and earnings per share are forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.