Rock Island Auction Company

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wikicollecting

2015-06-26 10:46:07

The Rock Island Auction Company is an auction house based in Illinois, specialising in firearms, edged weapons and military artifacts.

History

Rock island Auction Company was founded in 1993 by Patrick Hogan. They are the world's leading auction house in the field of firearms and, amongst their achievements can boast a 97% auction sale rate.

Services and Expertise

Rock Island Auctions hold three Premiere auctions a year, each one held over a period of three days. They are highly publicised, promising in excess of 2700 lots and advertised in 600+ page catalogues featuring over 6000 full colour photographs.

They also hold Regional Auctions which sell items for beginning collectors as well as usable items for sporting arms enthusiasts. These lots are featured in 300 page black and white catalogue with items for all auctions viewable online.

Absentee bidding is an important part of the buying process with over 60% of items purchased bought through absentee bids.

As well as the auction service Rock island Auction Company is heavily involved in collector shows and have been present at shows at various locations throughout the United States, including Las Vegas, Tulsa, the NRA Annual Meeting & Exhibits, Dallas Safari Club Annual Convention, Colt Collectors Association Annual All Colt Convention, and more.

Departments

Rock Island Auctions specialise in firearms and firearm-related items. Items bought and sold also include:

  • Edged weapons
  • Military and Indian Artifacts
  • Western memorabilia

Notable sales

From a Firearms Auction held early December, 2011.

  • Lot#1287 Winchester model rifle from 1873. Signed, factory engraved and gold plated. Magnificent John Ulrich. Sold for $86,250.
  • Lot #1434. A 1902 Colt model semi-automatic pistol, owned by American president Theodore Roosevelt and with gold 'T.R.' initialling. Sold for $207,000.
  • Lot #3170. An 1847 Colt Revolver, marked U.S. Walker model and by The Finest B Company. Sold for $345,000.

From a Firearms Auction held in September, 2011. This auction featured 2,700 lots and set 8 world records.

  • U.S. Colt Model semi-automatic pistol from 1911. Serial number 33. Sold for $109,250. (A world record for a 1911 U.S. Colt Army and the auction's Top Lot.)
  • 1902 U.S. DWM model American Eagle Cartridge Counter Luger pistol and holster with serial number 22430. Sold for $74,750, setting a world record for a gun of this type.
  • A Walther prototype P38 semi-automatic pistol. Sold for $43,125. This set the record for a WWII P38.
  • DWIM U.S. Army model 1900 test Luger Pistol, complete with holster. Sold for $40, 250. This set the record for highest price realised for a U.S. Army test Luger.
  • A four-gun set of Remington custom shop P.R. Runge engraved Model 1100SF semi-automatic shotguns. Sold for $31,625.
  • A Remington master, gold inlaid and engraved. Model 11-48 premier F-grade semi-automatic shotgun. Sold for $18,400.
  • A WWII Nazi VG1.5 Volkssturmgewehr semi-automatic rifle. Sold for $51,750.
  • A model 1893 Borchadt pistol rig, cased and with matching walnut shoulder stock. Sold for $43,125.
  • U.S. Contract Henry rifle. Sold for $51,750.
  • An SS Oberscharfuhrer’s jacket, Deutschland Regiment and with SS combat helmet. Sold for $14,950.
  • Tombstone colt single action Army with loop holster marked Samuel L. Hart. Sold for $37,375.
  • Smith & Wesson U.S. Contract 1st Model Schofield with Kelton safety and letter. Sold for $19,550.
  • K Kirkpatrick Fair commemorative jug made by Anna's Pottery in Cornwall, England. 1884. Sold for $86,250.

Sales achieved:

  • In 2004. Total sales of $14.6 million
  • In 2005, total sales of $16 million
  • In 2006, total sales of $19 million
  • In 2007, total sales of $28.6 million
  • In 2008, total sales of $31 million
  • In 2009, total sales of $28 million
  • In 2010, total sales of $32 million. This was an industry breaking record.
  • In 2011, total sales of $32 million
  • In 2012, total sales of $47 million. Shattering the previous record!
  • In 2013, total sales of $48 million. Ten years as the #1 firearms auction house in the world!
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