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Author Topic: .44 revolver brings record $800,000 at auction  (Read 5439 times)

ericire12

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.44 revolver brings record $800,000 at auction
« on: October 08, 2008, 12:16:32 PM »
http://morningsentinel.mainetoday.com/news/local/5485125.html

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FAIRFIELD -- Eighty-year-old John McBride whooped it up Tuesday when auctioneer James Julia announced the winning bid of $800,000 for McBride's great-great-uncle's Colt Walker .44 revolver.

"Yee-ha," McBride yelped, waving his cowboy hat. McBride, from Montana, will get the lion's share of that money, based on a sliding-fee commission that Julia would not divulge.

The new owner of the pristine Colt, bidding in absentia, paid a world record $800,000 plus commission for the pristine revolver, made for the use of U.S. marshals in the Mexican-American War.

Julia gets a 17 percent commission from the Colt Walker's new owner.

The winning bidder's agent, sitting at long table of hopefuls from around the world, made the winning offer following about two minutes of bidding.

Julia said following the auction that he had sold the previous record Colt for $480,000. Tuesday's sale represented not only a world record for a Colt Walker but a record for all Colts, he said.

Bidding began at $300,000. Julia then interjected a comment.

"This is a tremendous, exciting thing," said Julia, who flew out to Montana earlier this year to seal his arrangement with McBride, a 1952 graduate of the University of Maine. "It is truly one of the greatest prizes of Colts in existence."

Bids quickly increased to $700,000. When they ceased at $800,000, Julia termed the sale as "an absolute bargain."

Known as "The Marshal's Gun," the Colt Walker was the most powerful handgun in the world, Julia said, for more than a century, until the .44 magnum used by the movie character "Dirty Harry" was built around 1954.

The price this Colt commanded was all about condition. There was no rust on the long barrel. No corrosion. No oxidation.
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Hazcat

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Re: .44 revolver brings record $800,000 at auction
« Reply #1 on: October 08, 2008, 12:45:24 PM »
DAMN!  I didn't get to bid!  ::)
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Fatman

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Re: .44 revolver brings record $800,000 at auction
« Reply #2 on: October 08, 2008, 01:58:25 PM »
Quote from: Hazcat on October 08, 2008, 12:45:24 PM
DAMN!  I didn't get to bid!  ::)

Me neither, but I don't feel bad. My limit was well below the opening bid.  A  house and two cars below the opening bid... 
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Me: Naw, we just apply a gun-shaped remedy to those extreme life threatening situations that call for it. All the less urgent problems we're willing to discuss.

PegLeg45

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Re: .44 revolver brings record $800,000 at auction
« Reply #3 on: October 08, 2008, 02:04:04 PM »
Haa-rumpfff.........pocket change...loose pocket change........(not)... ;D ;D ;D ;D ;D
Welcome to the world of the haves and the have-nots.

 8)
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"I expect perdition, I always have. I keep this building at my back, and several guns handy, in case perdition arrives in a form that's susceptible to bullets. I expect it will come in the disease form, though. I'm susceptible to diseases, and you can't shoot a damned disease." ~ Judge Roy Bean, Streets of Laredo

For the Patriots of this country, the Constitution is second only to the Bible for most. For those who love this country, but do not share my personal beliefs, it is their Bible. To them nothing comes before the Constitution of these United States of America. For this we are all labeled potential terrorists. ~ Dean Garrison

"When it comes to the enemy, just because they ain't pullin' a trigger, doesn't mean they ain't totin' ammo for those that are."~PegLeg

twyacht

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Re: .44 revolver brings record $800,000 at auction
« Reply #4 on: October 08, 2008, 08:59:07 PM »
Since my 401K is really raking in the dough I bid up to half a million, than the wife stopped me. :P

I thought for sure it would be on ebay,... ::)
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Col. Jeff Cooper.

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Re: .44 revolver brings record $800,000 at auction
« Reply #5 on: Today at 09:19:34 AM »
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HAWKFISH

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Re: .44 revolver brings record $800,000 at auction
« Reply #5 on: October 18, 2008, 10:17:07 AM »
Wow. Definetely a unique gun to bid on. I think for $800,000 though, I would buy a Stag AR-15, some high capacity magazines, lots of ammo, and a house where I could go shooting in my backyard.
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PegLeg45

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Re: .44 revolver brings record $800,000 at auction
« Reply #6 on: October 18, 2008, 04:09:44 PM »
Quote from: HAWKFISH on October 18, 2008, 10:17:07 AM
Wow. Definetely a unique gun to bid on. I think for $800,000 though, I would buy a Stag AR-15, some high capacity magazines, lots of ammo, and a house where I could go shooting in my backyard.

BULLS-EYE, my good man......... ;D
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"I expect perdition, I always have. I keep this building at my back, and several guns handy, in case perdition arrives in a form that's susceptible to bullets. I expect it will come in the disease form, though. I'm susceptible to diseases, and you can't shoot a damned disease." ~ Judge Roy Bean, Streets of Laredo

For the Patriots of this country, the Constitution is second only to the Bible for most. For those who love this country, but do not share my personal beliefs, it is their Bible. To them nothing comes before the Constitution of these United States of America. For this we are all labeled potential terrorists. ~ Dean Garrison

"When it comes to the enemy, just because they ain't pullin' a trigger, doesn't mean they ain't totin' ammo for those that are."~PegLeg

Big Frank

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Re: .44 revolver brings record $800,000 at auction
« Reply #7 on: October 18, 2008, 10:35:29 PM »
+1   ;) 
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""It may be laid down as a primary position, and the basis of our system, that every Citizen who enjoys the protection of a free Government, owes not only a proportion of his property, but even his personal services to the defence of it, and consequently that the Citizens of America (with a few legal and official exceptions) from 18 to 50 Years of Age should be borne on the Militia Rolls, provided with uniform Arms, and so far accustomed to the use of them, that the Total strength of the Country might be called forth at a Short Notice on any very interesting Emergency." - George Washington. Letter to Alexander Hamilton, Friday, May 02, 1783

THE RIGHT TO BUY WEAPONS IS THE RIGHT TO BE FREE - A. E. van Vogt, The Weapon Shops of Isher
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