Two-day auction of high-end firearms draws $11.4M at Fairfield auction
...some had traveled thousands of miles...Collector Robert Ferrell traveled from Austin, Texas, Dick Burdick made his way to Fairfield from Ventura, Calif.
On Tuesday, in the rarefied air of the James D. Julia Inc. auction house that has hosted the most lucrative firearms auction in history, this is what “bargain” meant: ...that 850 winning bid? That’s not $850. Try $850,000...
“One would have to say, ‘Why would he do a thing like that in a terrible economy?’” Lane said, explaining that the current economic woes help reinforce his theory that he should invest his money in something he knows: guns."
The two-day auction of high-end firearms, including the Murphy pieces, drew nearly $11.4 million.
FMI
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