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$50 k is the current bid and still a month to go...on an item that was originally auctioned 30 months ago (now re-auctioned, but the old link still works).
Crazy price, and well outside my range. My Christmas present? A Rock Island Armory 1911 Tactical in full nickel. I'll let you know how it is when it gets here, but I've yet to hear anything bad about RIA guns. Finally I'll have my own 1911.
If I'm reading correctly, this is the only one in existance. $60k could end up being a bargain, though I'll predict the selling price will be in excess of $100k. My mind goes to the Sears and Roebuck Colt SAA that was factory engraved and gold inlaid. Last auction it went for $1,000,000.00. Yes it will be a while before this one's worth that kind of cash, but it's possible that it could get there. I'd call that a pretty good reason to buy it and not shoot it (assuming one could afford it).
Turning a profit of several hundred thousand dollars would be useless. Wow!
I realize it would take several years to make that kind of profit, but I don't know of any other investments that would return that kind of dividends. And I also realize that it's not gauranteed. It would indeed be a risk, a risk someone like me could never afford to do and probably would not be willing to take if I could. But just because I wouldn't do it doesn't mean I think others are crazy who do.
Val Browning was one of John's sons, he was a businessman and philanthropist in Ogden for a long time, I think he died a few years ago. I'm sure there are descendants around, but I don't know any of them.
How many of those anniversary editions only had one ever produced? I think that's where the difference will be. Most anniversary editions of things are still mass produced. Not a lot of room for extra value when there's thousands made.
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