Roosevelt Revolver Fetches $1.4 Million

by
posted on March 2, 2021
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
rosrev.jpg

President Theodore Roosevelt’s ornately engraved Colt revolver sold for $1.4 million during the second day of Rock Island Auction Company’s (RIAC) three-day December event. The Colt Single Action Army revolver was ordered as a gift for Roosevelt’s 54th birthday. Factory engraved and silver-plated, it was shipped four days before his birthday, just more than a week prior to the election of 1912.

“What we’re seeing is the growing realization of the history and investment potential of these objects,” said RIAC President Kevin Hogan. “Year after year, these numbers increase and it’s no coincidence. People love holding history in their hands and have always wanted to possess what is beautiful. Collecting fine arms satisfies both.”

Despite 2020’s challenges, RIAC broke its own industry record by reaching $91.7 million in annual sales—and one auction total was still pending as this issue was going to press. The company’s December auction, now the largest firearms auction ever held, brought in more than $22 million.

Latest

CMMG Zeroed suppressors
CMMG Zeroed suppressors

First Look: CMMG Zeroed Suppressors

CMMG extends the Zeroed line of accessories into the world of suppressors.

First Look: 6.8 SPC II Uppers From Bear Creek Arsenal

BCA brings back a classic AR-15 round.

Concealed Carry Is A Lifestyle

Confidence breeds serenity. 

Review: Galco Masterbilt Thunderclap Holster

What happens when a polymer holster user meets up with a premium leather rig?

First Look: Lapua TRX Ammunition And Bullets

Designed for long range accuracy and terminal performance.

Wilson Family of Companies Expands with Performance Engineering Acquisition

The Hillsboro, MO, manufacturer will fall under Lehigh Defense.

Interests



Get the best of Shooting Illustrated delivered to your inbox.