$8.9 Million for Rock Island Auction Company’s February Regional Auction
Rock Island Auction Company’s 2019 February Regional Auction was nothing short of a colossal four day event. With nearly 10,000 guns offered and over 5,100 lots up for bid from February 14-17, RIAC felt the Valentine’s Day love with one of their best Regional Auctions to date.
Bidding before the start of auction hit astounding number with around 30,000 sealed bids. From the packed auction hall to the numerous phone and online bidders, RIAC had tens of thousands of bidders from around the world battling for various items. Plus, the auction hall capacity was nearly doubled all weekend long with over 300 bidders participating live online using RIAC Live.
Highlights include a “1 of 1,000” factory inscribed Winchester Model 1873 rifle that sold for $37,375. It was one of the 700 different Winchester firearms for sale in during the Regional Auction. Another rifle that fared well was 65th Indiana Volunteer Infantry Civil War Henry rifle which brought $25,875 on the third day of auction. It was one of two well-preserved New Haven Arms rifles that sold in the auction.
For the wheel gun and Colt enthusiasts, a beautiful pair of factory engraved and cased Colt Model 1851 Navy revolvers stirred up a bidding war, pushing the set’s sale price to $25,875. From various Colts to numerous Smith & Wessons, Rock Island Auction Company had nearly 1,000 lots of revolvers from dozens of manufacturers.
Collectors and shooters continue to respond strongly to the ever-increasing quality of guns available in the Regional Auctions. The $8.9 million figure achieved this February doubles the results from the same auction six years ago and also approaches the sales totals of the company’s top end Premiere Auctions at that same time.