Factory Engraved Colt Paterson Revolver Achieves a Remarkable $414,000 at Auction

By Ammoland

Rock Island, IL –-(Ammoland.com)- The spirit of competition was alive and well at Rock Island Auction Company during the 2015 April Premiere Firearms Auction!

Bidding battles seemed to break out on the hour as collectors from across the nation and around the globe fought for their desired collectibles.

Select lots had as many as 37 different bidders placing their bids before the auction even started! This great participation, tenacious bidding, and a ever increasing demand resulted in a realized total of… Over 11.6 Million!

Anchored by four phenomenal collections, the first Premiere Firearms Auction of 2015 was clearly a big hit with collectors. The good news is that these collections have even more amazing firearms that will be offered in subsequent 2015 sales. Thank you all for your interest, passion, and participation. There’s no way we could do it without you. Here are a few of the highlights from this past weekend.

• Lot 1093: The highest selling item of the auction was exactly what we had anticipated. This stunning little Paterson, with the title of the earliest known, factory engraved Colt, packed a tremendous punch and achieved a remarkable $414,000!
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  Via:: AmmoLand