Cincinnati, OH—Firearm and militaria aficionados from the U.S. and Europe drove prices to record levels April 30 and May 1 during Cowan’s Spring Historic Firearms and Early Militaria sale.The two-day event realized a record $1.73 million with a Remington No. 1 Long Range Exhibition Grade rifle that was featured in a 1951 issue of Gun Digest far exceeding pre-auction estimates by reaching $89,125 before the gavel fell in the second day of the sale.
The unique specimen came out of the late Merrill P. Deer Collection.
Reminton No. 1 Long Range Exhibition Grade Rifle. Photo courtsey of Cowan's Auction.
Other highlights from the Deer Collection included a Sharps Model 1874 Sporting Rifle that garnered $17,250 and a Spencer Sporting Plains Style Rifle that more than doubled its estimate selling at $34,500.
Another notable sale during the auction came with the sale of a half stock percussion rifle made by Ruben Yutzy, Holmes County, Ohio’s only Amish gunsmith. Yutzy lived from 1819 through 1899, with the majority of his work being completed between 1839 and 1875. This particular gun was estimated to bring roughly $2,500. However, interest in the craftsman and his ties to the local community drove the final sale price to $24,500.
International bidders affixed their eyes on the extensive catalog of Imperial German and Russian items offered at the sale. A Black Parade Cuirass Garde Du Corps regiment sold for $16,100, doubling its pre-auction estimate and a Russian General Staff Officer’s shako reached $10,350. Also of note, a Saxon Non-Commissioned Officer’s Grade Reiter Regiment parade helmet sold for $13,800.
World War II related items also did well at the spring Cowan’s Auction. A large collection of Colt pistols did very well with a Colt Automatic Pistol tripling its estimate bringing $32,300. The pistol was one of 400 guns shipped to the Office of Strategic Services, the predecessor to the CIA, from 1944 through 1945.
Era photographs including the archive of Colonel Henry F. Bacon that included photos of Eva Braun and Hitler at the Eagle’s Nest and an album dedicated to newspaper clippings, various ephemera from Col. Bacon’s service and group of medals fetched $2,880.
The next Historic Firearms and Early Militaria sale is slotted for Oct. 2008.
For highlights of this sale and information on upcoming auctions visit www.cowansauciton.com.