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Free Firearm Values Article of the Week: Bidding Fierce in RIAC’s May Gun Auction

The star of the show from lot 1147, a magnificent cased and silver banded Colt No. 5 Texas Paterson with shell carved ivory grips and accessories, lived up to its lofty expectations and brought $805,000.

The star of the show from lot 1147, a magnificent cased and silver banded Colt No. 5 Texas Paterson with shell carved ivory grips and accessories, lived up to its lofty expectations and brought $805,000.

Big crowds and intense bidding battles made for an action-filled weekend at Rock Island Auction Company’s latest event, which surpassed $14.7 million in sales.

The mood was electric and the imminent sale of numerous items well known to the collector community kept the energy high all weekend long at the May 2-4 Premiere Firearms Auction held  May 2-4, at the Rock Island Auction Company.  There was much to learn about real-world gun values at the 3-day event. Read more