EXHIBIT 23

CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

We have issued our report dated February 29, 2000 accompanying the consolidated
financial statements included in the Annual Report of Refac and Subsidiaries on
Form 10-K for the year ended December 31, 1999.  We hereby consent to the
incorporation by reference of said report in the Registration Statement (Form S-
8 No. 333-76085) pertaining to the Stock Option and Incentive Plans of Refac and
Subsidiaries.



GRANT THORNTON LLP



New York, New York
February 29, 2000