8-K

                                 UNITED STATES
                       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): August 18, 2005



                             GALLERY OF HISTORY, INC.
             (Exact name of registrant as specified in its charter)


                                    0-13757
                            (Commission File Number)


         Nevada                                               88-0176525
(State or other jurisdiction of                            (I.R.S. Employer
 incorporation or organization)                           Identification No.)


Promenade Suite, 3601 West Sahara Avenue,                     89102-5822
         Las Vegas, Nevada
(Address of Principal Executive Offices)                      (Zip Code)


                                (702) 364-1000
             (Registrant's telephone number, including area code)


                                      N/A
          (Former Name or Former Address, if Changed Since Last Report)



Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities
    Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))





ITEM 3.01    NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING
             RULE OR STANDARD; TRANSFER OF LISTING


       On August 18, 2005, Gallery of History, Inc. (the "Company") received
a letter (the "Letter") from Nasdaq (attached hereto as Exhibit 99.1)
indicating that the company does not currently comply with NASD Marketplace
Rule 4310(c)(2)(B), which requires specified minimum levels of stockholders'
equity, market value of listed securities, or net income from continuing
operations.  The letter further indicates that Nasdaq staff is reviewing the
Company's eligibility for continued listing on SmallCap Market and requests
that the Company provide by September 2, 2005 a specific plan to achieve and
sustain compliance with listing requirements.  The letter also states that,
beginning 5 (five) business days after the date of the letter (August 18,
2005), the Company will be included in a list of non-compliant Nasdaq
companies.

       The Company is in the process of formulating a plan to attempt to
achieve compliance with the smallcap listing requirements and remain eligible
for continued listing, which may include as a principal element, increasing
stockholders' equity to above the minimum required level.  The Company
intends to proceed promptly with attempts successfully to implement such plan
and to work cooperatively with Nasdaq staff towards that end.  However, there
can be no assurance that any such plan will in fact be effectuated and that
the Company's present listing will be able to be maintained.


















                                   SIGNATURE

	Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.



                                         GALLERY OF HISTORY, INC.
Date: August 23, 2005                    By:    /s/ Todd Axelrod
                                         -----------------------
                                         Name:  Todd Axelrod
                                         Title:  Chief Execitive Officer

EX-99

Exhibit 99.1
- ------------


NASDAQ
THE NASDAQ STOCK MARKET
LISTING QUALIFICATIONS DEPARTMENT
0500 BLACKWELL ROAD
ROCKVILLE, MD 20850

By Facsimile and First Class Mail

August 18, 2005

Mr. Rod Lynam
Chief Financial Officer
Gallery of History, Inc.
3601 West Sahara Avenue
Las Vegas, NV 89102

Re:   Gallery of History, Inc. (the "Company")

Dear Mr. Lynam:

Based on the Form 10-QSB for the period ended June 30, 2005, Staff determined
that the Company's stockholders' equity was $2,361,681.  In addition, as of
August 1, 2005, Staff determined that the market value of listed securities
was $9,676,692(1).  Finally, the Company reported net income/ (loss) from
continuing operations of ($867,446), ($621,227), and ($736,137), in its
annual filings for the years ended September 30, 2004, 2003 and 2002,
respectively.  Accordingly, the Company does not comply with Marketplace Rule
4310(c)(2)(B), which requires the Company to have a minimum of $2,500,000 in
stockholders' equity or $35,000,000 market value of listed securities or
$500,000 of net income from continuing operations for the most recently
completed fiscal year or two of the three most recently completed fiscal years.

Under these circumstances, Staff is reviewing the Company's eligibility for
continued listing on The Nasdaq SmallCap Market.  To facilitate this review,
please provide on or before September 2, 2005 the Company's specific plan to
achieve and sustain compliance with all The Nasdaq SmallCap Market listing
requirements, including the time frame for completion of the plan.  The
Company is encouraged to provide any relevant documentation, including but
not limited to financial projections, agreements, offering circulars, letters
of intent and contracts.  Staff will contact the Company after reviewing the
plan and notify you if we have any questions or concerns regarding the plan.
If, after the conclusion of our review process, Staff determines that the
Company's plan does not adequately address the issues noted, we will provide
written notification that its securities will be delisted.  At that time, the
Company may appeal Staff's decision to a Nasdaq Listing Qualifications Panel.

Please note that Item 3.01 of Form 8-K requires disclosure of the receipt of
this notification letter within four business days(2).   Accordingly, the
Company should consult with counsel regarding disclosure obligations
surrounding this letter under the federal securities laws. In addition, Nasdaq






Mr. Rod Lynam
August 18, 2005
Page 2

posts a list of all non-compliant Nasdaq companies and the reason(s) for such
non-compliance on our website at www.nasdaq.com.  The Company will be
included in this list commencing five business days from the date of this
letter.

If you have any questions, please contact me at (301) 978-8039.


Sincerely,

/s/  Brie Charles
- -----------------
Brie Charles
Lead Analyst
Nasdaq Listing Qualifications



(1)  Listed securities means securities quoted on Nasdaq or listed on a
national securities exchange. The calculation is based on 5,625,984 shares
outstanding as of August 1, 2005 multiplied by the closing inside bid price
of $1.72.
(2)  See, SEC Release No. 34-49424.