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Now part of the Bradford Group, it was founded in 1973 as The Bradford Gallery of Collector's Plates by J. Roderick MacArthur. [1] The company created its first live price quotation market in 1983, [ 2 ] but increasingly turned to creating new lines of collectibles (rather than just facilitating exchanges between collectors).
Books and price guides have been published about Hummel figurines. [15] Some of these works supported the secondary market interest of collector speculators; The Official M.I. Hummel Price Guide: Figurines and Plates, 2nd Edition, by Heidi Ann Von Recklinghausen is a current price guide, published in 2013.
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He started the Bradford Exchange, and by the time of his death, it sold about 90 percent of all the collectible plates in the world. Often credited with becoming "a self-made millionaire," MacArthur did have some financial backing from his father, but the concept, business plan and effort behind the Bradford Exchange were Rod MacArthur's own.
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