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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 aIae9zBKfnxilDmws4GnQg==

<SEC-DOCUMENT>0000922423-03-001055.txt : 20030915
<SEC-HEADER>0000922423-03-001055.hdr.sgml : 20030915
<ACCEPTANCE-DATETIME>20030915180327
ACCESSION NUMBER:		0000922423-03-001055
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030911
FILED AS OF DATE:		20030915

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PEREZ ESTEBAN
		CENTRAL INDEX KEY:			0001257797

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11988
		FILM NUMBER:		03896449

	BUSINESS ADDRESS:	
		STREET 1:		GREG MANNING AUCTIONS INC
		STREET 2:		775 PASSAIC AVE.
		CITY:			WEST CALDWELL
		STATE:			NJ
		ZIP:			07006

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREG MANNING AUCTIONS INC
		CENTRAL INDEX KEY:			0000895516
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				222365834
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		775 PASSAIC AVE
		CITY:			WEST CALDWELL
		STATE:			NJ
		ZIP:			07006
		BUSINESS PHONE:		9738820004

	MAIL ADDRESS:	
		STREET 1:		775 PASSAIC AVE
		CITY:			WEST CALDWELL
		STATE:			NJ
		ZIP:			07006
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>kl09021_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-09-11</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000895516</issuerCik>
        <issuerName>GREG MANNING AUCTIONS INC</issuerName>
        <issuerTradingSymbol>GMAI</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001257797</rptOwnerCik>
            <rptOwnerName>PEREZ ESTEBAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>GREG MANNING AUCTIONS INC</rptOwnerStreet1>
            <rptOwnerStreet2>775 PASSAIC AVE.</rptOwnerStreet2>
            <rptOwnerCity>WEST CALDWELL</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07006</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Options to acquire Common Stock, par value $.01 per share</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>4.831</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-09-11</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>75000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2003-09-11</value>
            <footnoteId id="F1"/>
      </exerciseDate>
      <expirationDate>
         <value>2013-09-11</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>75000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>105000</value>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Exercisable 50% immediately and 25% on each of the first and second anniversaries of the date of grant.</footnote>

      <footnote id="F2"> Mr. Perez is the Chairman of the Board of Auctentia, S.L (&quot;Auctentia&quot;), a wholly owned subsidiary of Afinsa, S.A. (&quot;Afinsa&quot;). Afinsa beneficially owns 18,761,399 shares of the Issuer's common stock, including 126,833 shares purchasable upon the exercise of warrants held by Auctentia. Mr. Perez is not, nor has he ever been, a shareholder of either Auctentia or Afinsa. This filing shall not be deemed an admission that Mr. Perez has any beneficial, pecuniary or other interest in the securities held by Auctentia or Afinsa.</footnote>
   </footnotes>
   <remarks>By: Carol Meltzer, power of attorney</remarks>
   <ownerSignature>
      <signatureName>/s/ Esteban Perez</signatureName>
      <signatureDate>2003-09-15</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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