Russian masters head Gene Shapiro art auction Nov. 5

IVAN KLIUN (RUSSIAN 1873-1943) Composition with a Hollowed Brown Rectangle, 1926 oil on canvas 63 x 45.5 cm (24 3/4 x 17 7/8 in.) signed lower right, est: $200,000 - 300,000. Image courtesy Gene Shapiro Auctions.
IVAN KLIUN (RUSSIAN 1873-1943) Composition with a Hollowed Brown Rectangle, 1926 oil on canvas 63 x 45.5 cm (24 3/4 x 17 7/8 in.) signed lower right, est: $200,000 - 300,000. Image courtesy Gene Shapiro Auctions.
IVAN KLIUN (RUSSIAN 1873-1943) Composition with a Hollowed Brown Rectangle, 1926 oil on canvas 63 x 45.5 cm (24 3/4 x 17 7/8 in.) signed lower right, est: $200,000 – 300,000. Image courtesy Gene Shapiro Auctions.

NEW YORK – Gene Shapiro Auctions will sell important works of Russian, European and Latin art Saturday, Nov. 5, on the fifth floor of the Metropolitan Pavilion, 123 W. 18th St. in Manhattan. The auction will begin at 10 a.m.

The auction is expected to gross $4 million to $6 million, and the per-lot average is more than $20,000. The sale catalog has been posted online at www.geneshapiro.com. A printed full-color catalog is available for purchase.

“Due to the success of our previous several auctions, we have been fortunate to secure many high-quality consignments, especially from private collectors, that are fresh to the market,” said Gene Shapiro. “Serious collectors will not want to miss this sale.”

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Colt Walker pistol hits record $920,000 at James Julia auction

A veteran of the Mexican War, this rare Walker Colt sold for a record $920,000 at auction in Fairfield, Maine. Image courtesy James D. Julia Auctions.
A veteran of the Mexican War, this rare Walker Colt sold for a record $920,000 at auction in Fairfield, Maine. Image courtesy James D. Julia Auctions.
A veteran of the Mexican War, this rare Walker Colt sold for a record $920,000 at auction in Fairfield, Maine. Image courtesy James D. Julia Auctions.

FAIRFIELD, Maine – With the world economy under siege, a Colt Walker pistol came out blazing to set a record at James D. Julia Inc.’s firearms auction Oct. 7. The rare and historic Colt Whitneyville-Walker pistol, made for use in the Mexican War, sold for $920,000, inclusive of the 15 percent buyer’s premium.

Considered the finest example of a martial Colt Walker extant, the pistol had been estimated to sell for $500,000 to $1 million. The sale price represents the most expensive single firearm ever sold in North America and is believed to be the most expensive ever sold in the world.

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