This article was originally printed in Antique Trader
>>Subscribe today for just $26!
ROCK ISLAND, Ill. – Rock Island Auction Co. has shown once again the overwhelming popularity of vintage and antique firearms regardless of the hot summer temperatures by bringing nearly $3.2 million dollars at their July 16-17, 2011 auction. This auction combined with February’s regional auction has brought the gegional auction total for 2011 to $6.4 million, $1.7 million higher than their record set in 2010.
|This antique Colt Single Action Army revolver with custom cattle brand engraving, buntline-length barrel and shoulder stock, accompanied by a factory letter, sold for $5,462.|
More than 2,100 lots featuring 5,000 firearms brought in collectors, dealers, hunters and sportsmen from all over the Midwest and beyond to participate in the firm’s first regional sale in the new 86,000 square foot “air conditioned” facility. Even with the massive new facility and an auction hall nearly double in size to the previous hall, an empty seat was near impossible to find when owner/auctioneer Pat Hogan and his son and auctioneer Kevin Hogan took their places on the podium.
There was plenty of chatter among the crowd after Pat Hogan emphasized the unique history of Lot 1, a Deluxe First Model 1873 documented copy of the iconic Winchester 1 of 1000. After numerous bids the hammer finally fell on this Winchester at an impressive $40,250. This was just the first of many Winchesters in high demand this weekend. A Nimschke marked engraved Winchester model 1866 lever action rifle sold for $18,400 respectively.
Winchesters and hot temperatures were not the only items to gather interest and keep the bid cards a’flapping; a Fabrique Nationale Auto-5 semi-automatic shotgun, engraved and inscribed to “Big Bill” Thompson, Mayor of Chicago sold well above the high estimate for $8,625. An antique Colt Single Action Army Revolver with custom cattle brand engraving, Buntline-length barrel and shoulder stock, with factory letter brought a sale price of $5,462.50. Edged weapons peaked quite a bit of interest as well with a lot of six swords bringing $13,800 and a lot of six sabers selling for $11,500 both 10 times over their auction estimate.
The next regional auction takes place in February of 2012 when temperatures could be in the single digits, but no worry RIAC will heat the hot chocolate and get the catalogs out on time.
A premiere firearms auction to be held on Sept. 9-11, 2011 auction to include: The Putnam Green Collection Part II: The Putnam Green Collection was the finest U.S. and European military collection ever offered at auction. This is an outstanding collection of historical, high condition, and extremely rare U.S. and German military arms.
This sale will also feature over 300 Lugers, over 400 quality U.S. military featuring part 1 of the finest M1 Carbine Collection, More than 400 Colts from percussions, more than 130 1911’s, more than 25 rare and desirable Class III’s, museum quality Remington’s from the James Tipton collection, over 40 rare, historical, and high condition martial pistols and long arms, and over 250 pieces of 19th Century American Stoneware including the largest collection of Anna Pottery ever brought to auction with over 75 pieces.
For more information visit Rock Island Auction Co.
MORE RESOURCES FOR ANTIQUE COLLECTORS and DEALERS