Typically, it's guns with a patina that grab high bids at auctions. But at one event this year, there was a much different genre of firearms that got people spending. Surprisingly, ARs and other contemporary firearms were the hot ticket.
RIA continued an impressive run through 2014 with its most recent firearms auction. The event drew top prices for military hardware, especially ones of German origin.
Rock Island Auction Company has enjoyed a profitable year, something that continued on through its July event. The company staged the largest auction in its history, which turned out to be the third-most profitable.
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.
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Rock Island Auction Company's February Regional Firearms Auction contained a vast assortment of collectables and antiques, from engraved Henry rifles, World War II firearms, and militaria, to modern gems such as new in the box shotguns, rifles, and pistols.
When it comes to fake antique guns, it's easy to wind up as the proud owner of a dud. Even a trained eye can be fooled by modern reproduction firearms that have been faked to look like the real thing.
Rock Island Auction Company quietly accomplished a remarkable feat in December, with sales totaling more than $12 million dollars, an accomplishment outdone only by the company's 2013 grand total, a staggering $48 million in gun auction sales for the year.