King Louis XIII, Pat
Garrett, a WW2 service pistol and a "barn find" Winchester
commanded extraordinary bids
BEDFORD,
Texas, Aug. 28, 2024 /PRNewswire/ -- Rock
Island Auction Company (RIAC) achieved over $23 million in sales during its August Premier
Auction, Friday, Aug. 23 through
Sunday, Aug. 25, in Bedford,
TX. The world's leading firearms auction house featured
nearly 1,700 museum-worthy and historically significant firearms
for auction, ranging from the royal palace halls of France to the American West.
The three-day event set several world records courtesy of its
history-rich pieces. A gold Colt 1877 Thunderer of Sheriff
Pat Garrett, who famously killed
Billy the Kid, set a new record for the model at $528,750. Garrett's solid gold sheriff's badge
broke its own record for a peace officer's badge when it brought in
$235,000. A masterfully engraved
version of the classic Winchester Model 70 hunting rifle also
achieved a world record when it realized $293,750. An elaborate wheellock owned by French
King Louis XIII marked the high price of the auction and commanded
a new record for a wheellock firearm in the process, selling for
$951,750 after auction fees, tax, and
all associated costs.
"Anytime you can finish an auction saying you broke multiple
world records, it's a tremendous success," said Kevin Hogan, President of Rock Island Auction
Company. "It's yet another indicator of the strong fine arms
market, but also a testament to our clients who pursue this hobby
with such passion. This is great momentum to have as we head into
the year's final Premier Auction this December."
Other headliners included:
- "The Marshfield Find" is a mint condition Winchester 1886 rifle
discovered after 90 years in a Massachusetts attic that brought $352,500.
- A rare 28-gauge masterfully engraved shotgun by renowned maker
Boss & Co. sold for an impressive $164,500
- A Stoner 63A light machine gun brought $223,250. Whether this set a new world record for
the model was unable to be verified by press time.
- A cased Colt Third Model Dragoon with rare 8-inch barrel and
phenomenal condition found a new home for $440,625
RIAC's premier summer event highlights the company's ongoing and
remarkable growth. With 25 items exceeding the 6-figure mark, it
surpassed its 2023 August Premier Auction by over $3 million. 11 of the company's last 12 Premier
Auctions have breached the $20
million mark, a feat unheard of even five years ago.
For more information on Rock Island Auction Company and other
highlights from their August Premier Auction, visit
www.rockislandauction.com.
About Rock Island Auction Company:
Rock Island Auction
Company is the world's no. 1 auction company for firearms, bladed
weapons and militaria. Founded in 1993 by its current CEO
Patrick Hogan, RIAC continues to
lead the industry with record sales numbers and its extensive and
well-crafted marketing efforts. The company's 150,000 square-foot
Illinois campus consists of two
buildings and serves as the company's hub for catalog and content
production. The 90,000 square-foot Bedford facility opened in December 2023 and will host six of the company's
18+ auctions each year. RIAC actively seeks consignments, be it a
single weapon or a collection of hundreds, an item valued at
$1,000 or $1
million.
Media Contact:
Mattie Van
Gundy
(713) 409-1835
382495@email4pr.com
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SOURCE Rock Island Auction Company