World Famous to Go Up for Auction Tomorrow on Overstock.com

April 19, 2005

SALT LAKE CITY, April 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- The world famous "Matchless Ball"(R) is going up for auction tomorrow, Wednesday, April 20th, on Overstock.com(R) Auctions(TM) (Nasdaq: OSTK) (http://auctions.overstock.com) at 5:00 p.m. EDT. With an estimated appraisal value of $1,500,000, the Matchless Ball is the only surviving, official (REACH) baseball used in the 1934 All-Star Game signed by all the American League team members who played and some who did not. , and eleven other Hall-of-Fame legends are among those who autographed it.

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The July 10th, 1934 All-Star game is renowned for the performance of New York Giants' "King Carl" Hubbell where he consecutively struck out five future Hall-of-Famers: Babe Ruth, Lou Gehrig, , and . The Matchless Ball also gained international notoriety after it was stolen from and mysteriously returned to the Babe Ruth museum while on exhibit for Ruth's 100th birthday celebration.

The seller is Dan de la Torre, a semi-retired baseball author and collector from Pasco County, Florida who never had an interest in the sport until stumbling upon and purchasing the misidentified baseball in a Georgia shopping mall in 1992. De la Torre spent the next few years researching the ball's history, including hours of taped interviews with Mel Harder, the winning pitcher from the 1934 American League All-Star Team who signed the ball, and Tommy Henrich, a key player on the great ' teams of the 1940s who later added his signature and is pertinent to the provenance of the ball.

"Owning this ball has changed my life," said de la Torre. "I've become part of its history, and it's become part of mine. I hope whoever buys the ball continues to share its legacy and puts it on display for the public to enjoy."

For the winning bidder, de la Torre is including: a notarized copy of the statement of authenticity and a three-page handwritten letter by Harder pertaining to his signature, his teammates' signatures and the provenance of the ball; a notarized copy of the statement of authenticity from Henrich; an original copy of the ball's appraisal in 1993; and a limited edition, autographed copy of de la Torre's book about researching the ball's history called "Pitched from the Past, The Journey of The 'Matchless Ball'."

Bidding for the 10-day auction will start at $250,000 with a reserve and will close on Friday, April 29th at 5:00 p.m. EDT. Overstock Auctions employs a soft-close auctioning process, whereby the auction will automatically extend 10 minutes if a bid is made within the last 10 minutes of the auction closing. This extension process repeats itself as long as new bids continue to come in.

If the ball sells at or above the minimum estimated value of $500,000, de la Torre plans to donate a portion of the proceeds from the sale to HOSPICE, a national non-profit organization that provides care to the terminally ill and their families.

Parties interested in auctioning premier items should contact: [email protected].

About Overstock.com Auctions

Overstock.com Auctions is an online community of auction buyers and sellers connected through their personal and business networks. It offers 30% lower fees, volume discounts and a simple listing process for sellers; for buyers, it provides a trusted community of auction users. Overstock.com Auctions can be found at http://auctions.overstock.com.

About Overstock.com, Inc.

Overstock.com is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ National Market System and can be found online at www.overstock.com.

Overstock.com(R) is a registered trademark of Overstock.com, Inc. All other trademarks are the property of their respective companies.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding the auction value, the value of the ball, the historical significance and interest in the memorabilia, the dates of the auction and such other risks as identified in our Form 10-K for the year ended December 31, 2004, and all our subsequent filings with the Securities and Exchange Commission, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.

SOURCE Overstock.com, Inc.

Investors, Kathryn Huang Hadley, +1-801-947-3100, [email protected], or Media, Scott Blevins, +1-801-947-3133, [email protected], both of Overstock.com, Inc. http://www.prnewswire.com

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