Gun auction featuring Joseph Murphy’s Colt collection earns $11.4M

Engraved and gold-inlaid Colt single-action army revolver known as Sears & Roebuck Cowboy Special, sold for $747,500. Image courtesy James D. Julia Auctioneers.

Engraved and gold-inlaid Colt single-action army revolver known as Sears & Roebuck Cowboy Special, sold for $747,500. Image courtesy James D. Julia Auctioneers.

FAIRFIELD, Maine (AP) – A two-day auction of high-end firearms and memorabilia generated sales totaling nearly $11.4 million.

About 100 bidders and spectators showed up Tuesday, March 17, for the final day of the sale at the James D. Julia Inc. auction house in Fairfield.

A highlight was the sale of 40 lots from the Colt firearms collection of Pennsylvania businessman Joseph A. Murphy.

Julia said the collection is the finest, gun for gun, ever to come to auction. Two other auctions that will include rare pieces from Murphy’s collection are scheduled for October 2009 and March 2010.
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Information from: Bangor Daily News, http://www.bangornews.com

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AP-ES-03-18-09 1410EDT