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Auction Clips & Snips
Colt Walker pistol sets World Record!
Fairfield, ME - On Monday October 6th
& Tuesday October 7th the US Stock
Market plunged nearly 10%, the world economy
flirted with catastrophe
but in Fairfield, Maine an assemblage of rare
antique guns brought
extraordinary results, despite the economy.
A Colt Walker pistol, made
for use in the Mexican War, and considered
to be one of the finest
examples in existence sold for a spectacular
$920,000. This was the
most expensive, single firearm ever sold at
auction in North America
(and believed to be the most expensive ever
sold in the world). Julia's
previously held the past two World Records
for Colts with previous sales
of $480,000 and $432,000. The Walker
carried a pre-sale estimate of
$500,000 to $1,000,000; another rare Colt
cased fluted Army sold for
$454,000. In all 9 objects realized
above $100,000, 32 sold above
$50,000, 119 sold for over $20,000, and 278
sold over $10,000. The
average sale value of approximately $11,400
is the highest average ever
achieved by an auction house for firearms.
The sale was,
unquestionably, a tremendous testament to
the demand, confidence and
resilience of antique, tangible assets. James
D. Julia, Inc. Auctioneers
is currently the World's Leading Auction House
for high quality
firearms. For the last 4 years their auctions
have consistently attained
some of the highest grosses in the world for
firearms. For more details
contact James D. Julia, Inc at 207.453.7125,
www.jamesdjulia.com