1836 rare Colt revolver fetches $1 million at auction

Firearms have been productive for bringing an end to life, but just like most items known, they also fall into the elite category of collectible items which people are proud of owning. At an auctioning event held by the Heritage Auction in Dallas, Texas, an 1836 Colt revolver went under the hammer and fetched nearly $1 million ($977,500) as the winning bid. This price tag of the revolver and its accessories set have put it at the top of the list of most expensive for a single firearm.

This holster model no.5 revolver is known to be amongst the best the makers ever produced. The gun has a 9-inch barrel and a loading lever, and hopefully remains a fully functional firearm. Though it might not actually be used, it will certainly have a high novelty value always, as it was a part of the Al Cali Collection, which was known for its fine pieces unique firearms. Greg Martin, who is a known gun collector and the head of Greg Martin Auctions, mentions,

“This is as desirable as any piece that exists, and as desirable as any piece I’ve seen in my more than 40 years of buying and selling the very best firearms in existence.”

On proper research, we also found out that the gun was one of the last ones existing. Of the 3000 that were initially made, only 300 exist and this particular piece is one of the fully functional ones. The person, who bid successfully for this vintage firearm, is known to be a Silicon Valley mogul, but details about him are not available.

Also, please do take a look some of the historic firearm auctions, such as the Hitler personal gun sale and the James Bond Golden Gun replica sale. Whatever the purpose may be, people might not have such a negative attitude towards firearms after all!

Via: Hunter Lodge/ NBCD