SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
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October 1, 1998
GALLERY OF HISTORY, INC.
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(Exact name of registrant as specified in its charter)
Nevada 0-13757 88-0176525
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
Promenade Suite
3601 West Sahara Avenue
Las Vegas, Nevada 89102-5822
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(Address of principal executive offices) (Zip Code)
(702) 364-1000
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(Registrant's telephone number)
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On October 1, 1998, Gallery of History, Inc. (the "Company")
purchased 270,142 shares of its common stock (the "Common Stock") in
an open market transaction pursuant to the Company's stock repurchase
programs. The purchase price for such shares was $1.50 per share, with
the aggregate purchase price totaling $407,915.32, including
commissions. The transaction settlement date was October 6, 1998.
Since the inception of the Company's first Common Stock repurchase
program in May of 1997, the Company has acquired 475,542 shares of its
Common Stock. The Company may purchase up to an additional 124,458 shares
of its Common Stock pursuant to its remaining repurchase program. The
Company may decide in the future to purchase to additional shares of
Common Stock in open market transactions, pursuant to privately negotiated
agreements, or otherwise, depending upon a number of factors, including
but not limited to the market price of the Common Stock and the Company's
future financial requirements.
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SIGNATURE
Pursuant to the requirements of The Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf of the undersigned thereunto duly authorized.
GALLERY OF HISTORY, INC.
October 16, 1998 By: s/ Todd M. Axelrod
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(Date) Todd M. Axelrod
President
