Page 15 - Journal of Antiques and Collectibles June 2019
P. 15
Rock Island Auctions Sells $1.67M Revolver in $20M Auction


ROCK ISLAND, IL – In Much like the day prior, Day 2 was off with a shot when a near-mint Colt Baby
the months that led up to it, Paterson, offered in the eighth lot of the day, found an impressive $644,000 realized
the May 2019 Premier price. Massive military vehicles were started outside, the door were flung open wide,
Firearms Auction had and the auction hall was filled with the powerful rumbling of tanks before these
shaped up to be an absolute impressive items crossed the auction podium. The effect must have worked – the
colossus of an event. The M47 Patton main battle tank rumbled to $322,000, the M16 half-track shot down
Millikin Dragoon served as a $97,750 realized price, and an outstanding 1957 Chevrolet Model 1503 military
flagship and was flanked by staff car cruised to a $46,000 pay day.
powerful military vehicles, Sunday was anything but a day of rest for the excited bidders who had not yet
lifelong collections, pristine won their desired collectibles. Leading the way, again in the eighth lot of the day,
condition pieces, and incon- was a stunning Winchester Model 1886 with 1 of 1,000-like engraving and
ceivable rarity in nearly every platinum barrel bands that could not be had for less than $172,500. A rare Colt
Millikin Dragoon auctioned for $1,677,500 on day one genre. It was an event Walker, with its “B Company” markings, found $115,000, a scarce Singer
of the May Premier Firearms Auction
absolutely jam-packed with M1911A1 pistol found $74,750 (in addition to one that sold on Day 2 for
exciting pieces collectors could not wait to get their hands on. $115,000), and the classic beauty of a Winchester 1866 “flatside” carbine was
While 2018 was a record year for absentee bids with 118,000 received, already properly appreciated to the tune of $92,000.
in 2019 over 55,000 have been received after just two major auctions. We also saw Rock Island Auction Company has been the #1 firearms auction house in the
record web traffic for this auction with 3.6 million catalog visits as well as record world every year since 2003. RIAC has a habit of excellence, regularly breaking
numbers of bidders, winners, and watchers using our RIAC Live software. Winning and re-breaking its own records. RIAC is always seeking new consignors of all levels.
bidders could be found in all 50 states as well as 17 countries. To say participation Visit rockislandauction.com
is excellent would be an understatement, as more and more people find that high
quality firearms continue to be a fantastic investment.
The excitement was rife in the air, evidenced by the outstanding results achieved
yet again by Rock Island Auction Company. This time the realized total for the auc-
tion reached $20 million, a remarkable and appropriate outcome for an event pos-
itively alive with extraordinary firearms.
Day 1 wasted no time getting right into the thick of things. Lot number 8
offered the Millikin Dragoon to the collecting public. In and out of the world’s
finest collections for the last century, it gave all in attendance a jump-start when the
bidding began at $900,000! After a back-and-forth battle for the right to own this
extraordinary, artisan Colt, the bidding gradually slowed until only one remained.
The Millikin Dragoon sold for $1,667,500 to an elated bidder who knew a true
treasure when he saw one. Other exceptional results on Day 1 included a Dance &
Bros. Confederate revolver that bested its high estimate to find $195,000, and a
stunning, cased Ames Manufacturing Co. Civil War presentation sword that also The signed elephant scene engraved express
topped its high estimate and sailed to a $126,500 sale price. Holland and Holland rifle auctioned for $299,000





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