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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