We have previously told you about some historic and rare firearms auctions, such as the NM Centennial rifle sale, and the 1836 Colt revolver sale which garnered $1 million in winning bid. Now what is been seen as a revival of interest amongst collectors for ancient military equipment, Bonham’s London will oversee the auction of a rare pair of silver Flintlock holster pistols, that was produced by one of Britain’s foremost gunsmiths, Joseph Heylin of London in the year 1768. Bonham’s officials peg the winning bid to be between $63,415 and $95,118 at the auctioning event.
Looking at this auction of vintage firearms, it shows a clear trend amongst collectors and enthusiasts regarding investing their money in these, and later reaping benefits. Though firearms aren’t associated with any noble cause as such, but the notary of being a part of historic events like wars, or of being of a limited edition accentuates the value to these guns. In this case, the silver Flintlock revolvers trace their origin to the finest producer in Britain, Joseph Heylin, who crafted them in 1798. The notable features include the elaborate decoration with solid silver barrels locks and mounts. Originally a part of the Norman Dixon collection, these revolvers weren’t known to be out before for sale, and this occasion could very well bring aggressive bidders for the pair. It’s no surprise that the Head of antique arms and armor, Mr. David Williams quotes,
“These pistols are possibly unique in having solid silver barrels and locks. They are also highly decorated, and the combination makes them very attractive to collectors in this field.”
Just in case one was in doubt of what the sale would yield, it has been reported that Bonham’s recorded a total of $2.21 million in firearms sale in 2011, comprising of 89% of their total stock. No wonder it’s most obvious that the billionaires might look at this as another avenue to cash in for their wealth.