Elvis revolvers set new records at auction (PHOTOS)
The Smith & Wesson Model 19-2 .357 magnum was estimated to bring between $160-250K and in the end went for $195,500– making it the most expensive Smith 19 in the world according to RIA. (Photos: Chris Eger/Guns.com)
Auction attendees took care of business and picked up a pair of wheel guns formerly owned by The King for all-time highs last week.
Rock Island Auction Company sold the Elvis memorabilia during their premiere firearms auction last weekend with an embellished Smith & Wesson Model 19-2 bringing $195,500 and a Colt Python hitting the gavel at $172,500. RIA said each price is a world record for its respective model.
The Python, also a .357, was expected to bring $125-175K and went for $172,500.
“We had high hopes for these incredible firearms, and our collectors did not let us down,” said RIAC President Kevin Hogan in a statement. “It’s such a huge honor to be entrusted with the possessions of an American legend, but we also had a lot of fun with it and everyone here did as well. Half an hour before Elvis’ items sold, there wasn’t a seat to be had in our auction hall. It was absolutely electric with anticipation.”
According to the auction house, Presley bought the revolvers in 1970 from a Beverly Hills sporting goods store before sending them to Germany to be elaborately decorated. One was presented to Vice President Spiro Agnew as a gift but was returned a short time later while Agnew was being investigated for corruption.
A diamond and ruby studded Shelby County sheriff’s badge, also owned by Elvis, went in a separate lot.
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