Monday, August 17, 2009

Long Rifle Auction Nets over $500K

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Kentucky and Pennsylvania Rifles'
Auction Brings in Big Bucks!

Remember the auction I mentioned last week, well it grossed over $500,000 reports Auction Central News.

The large private collection of more than 220 flintlock and Kentucky long-rifles auctioned near by Dan Morphy's Lancaster, Penn. Aug. 13-15 brought in more than $500,000, with the 1785-1790 J.P. Beck bringing the top single price of $20,700. Approximately 30 other guns also sold at twice their high estimates.

"People came from all over to bid on these guns - Connecticut, Kentucky, Ohio, Virginia, North Carolina and, of course, Pennsylvania and New Jersey. They filled two overflow parking fields," said the auction company's owner, Dan Morphy. "The preview was so busy, we had to hire two extra employees to help out."

I didn't get there, I didn't get squat, all I got was some pictures of the online catalog.

"Internet live bidding through LiveAuctioneers added incredible punch to the final tally. Over the three-day auction period, 714 lots sold through LiveAuctioneers, with an average daily online sell-through rate of 23.7%."

On the positive side I was inspired by the auction items, and I've come up with a couple of new projects for the Chronicles and for you to be inspired by too!

Best to All!
Albert

2 comments:

Rick Kratzke said...

Now that just proves that there is collectors out there.

Paladin said...

Another example of the Firearm and Hunting markets outperforming the economy in general! And it did even require a government bailout.

I really like the idea of shooting blackpowder. I've always wanted to take the time to build one of those Kentucky or Tennessee rifle kits.. but it seems like I never get around to it.