The corporate-takeover shark played by Michael Douglas in the movie "Wall Street" brandished a replica and bragged about it as "the rarest gun in the world." An Indonesian billionaire paid $1 million for the real thing, and it became known as "the million-dollar Luger."
That was in the late 1980s, when the Douglas line "greed is good" captured the spirit of the times.
On Sunday, under very different economic circumstances, the coveted .45-caliber Luger found a new owner for half that price at a public auction in Anaheim.
The gavel came down at $430,000 from an anonymous bidder. With the 15% buyer's premium, the 103-year-old weapon fetched $494,500.