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Bidders Aimed High at Morphy’s $3.4M Auction

DENVER, PA – America’s wild and woolly frontier days came to life A factory-engraved Colt Model 1877DA Lightning Sheriff’s Model
with striking realism on October 25 as Morphy Auctions presented .38-caliber revolver with handsome mother-of-pearl grips displayed
Part I of the venerable Paul Friedrich Collection. The single-owner sale matching serial numbers on the frame, trigger guard, and backstrap. A
honored an immensely important 60-year legacy that Paul’s family Colt Archive letter accompanying the gun confirmed that it was shipped
specifically wanted to perpetuate through other collectors who shared to Bandle Arms Co., Cincinnati, Ohio, in 1893 as part of a shipment of
his passion. At the end of the day, the 355-lot auction bonanza cashed two guns. Another bonus that passed to the winning bidder was the
out at a heady $3,454,916. coveted firearm’s original pink picture box. Against an estimate of
Winchester “1 of 1000” 1876 lever-action rifle $25,000-$35,000, it was chased to $92,250.
Just about every Gold Rush specimen comes with
a story, sometimes lore and sometimes historical fact,
The top prize of the Friedrich collection was an like the gold ingot in the Friedrich collection that was
exceedingly rare and important Winchester “1 of 1000” salvaged from the famed shipwreck of the steamship
1876 lever-action rifle. The famous longarm is actually depicted in R.I. Central America. Known as the “Ship of Gold,” the
Wilson’s reference book Winchester: The Golden Age of Gunmaking and Central America sank in 1857 after it was engulfed by
the Winchester 1 of 1000. Marked with the serial number 724, the gun a hurricane, en route to New York City from Panama.
was made during the model’s first year of production and is one of few Weighing 469 grams and graded .980 fine, it sold
three-digit examples of its type known to exist. Consistent with Paul above its high estimate for $40,590.
Friedrich’s penchant for historical research and documentation, the An April 30, 2024 date has been tentatively chosen
rifle came to auction with associative archival literature that spanned for Morphy’s sale of the Paul Friedrich Firearms &
the past 50 years. In superlative condition, it sold within its estimated Gold Rush Collection Part II. On December 6-8,
range for $344,400. 2023, Morphy’s will conduct a Firearms, Militaria &
The magical Colt name made several Edged Weapons Auction that Gold ingot salvaged
appearances in the auction’s top 10. A blued, features fine antique, vintage, from the famed
factory-engraved .45-caliber Colt Model 1878 and modern productions, shipwreck of the
Frontier Double Action Revolver, shipped in including 107 NFA lots. To steamship
1892, was described in Morphy’s catalog as discuss consigning firearms, Central America
“quite possibly the highest-condition example militaria, or Old West relics
known” and “a legend in the Colt-collecting to a future auction, please Morphy Auctions at
community.” The famed revolver was con- 877-968-8880 or email info@morphyauc
veyed with a Colt factory letter and other Legendary blued, factory-engraved tions.com. All inquiries are kept strictly
supportive literature and sold just below its .45-caliber Colt Model 1878 Frontier confidential. Visit Morphy’s online:
high estimate at $123,000. Double Action Revolver www.morphyauctions.com.

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