Colt firearms collection auctions for $2.2 million in Las Vegas

A collection of rare, antique Colt firearms fetched $2.2 million at an auction in Las Vegas last month.

Morphy’s Auctions said the event featured 94 guns from the private collection of Dr. Edward Michael Feldman, a renowned Colt enthusiast well-known within the community.

“We knew the sale was going to attract many of the Colt world’s heavy hitters, or their representatives, because Ed Feldman was known to acquire only the most exceptional, best-condition Colts,” said Dan Morphy, president of Morphy Auctions. “Everyone in the hobby knew this about Ed, so we expected there would be a high level of interest leading up to the sale – and we weren’t disappointed.”

Included among the offerings was the “finest known example of an 1886 factory-engraved, blue-finish Colt Lightning,” which sold after nearly 60 bids pushed the price to more than double its $70,000 estimate. A “Rosecrans Army” 1860 model — embellished “exactly like the pair” Colt presented to Union Army General George McClellan — sold for $156,000, more than 20 percent above its highest estimate.

“What this sale showed the hobby was that the best of the best and guns in top condition – which is precisely how I would describe Ed Feldman’s collection – will shine even during times when the market for antique guns isn’t at its highest point,” Morphy said. “The Colt Lightning that was estimated at $50,000-$70,000 but sold for $190,000 was the finest of its kind, so it sold accordingly.”

Read More On:

Latest Reviews

  • Tuck & Carry: CCW in a Skirt

    Aimed at those who want the comfort and convenience of a skirt but with the protection of a holstered gun, the Tuck & Carry occupies what I term apparel holsters -- that is clothing/holster duos.

    Read More
  • The Marlin Dark in .45-70 is Stealthy and Modern

    Flash forward the lever gun of Western lore to the 2020s, where Marlin has taken that classic design and given it a modern upgrade. Meet the Marlin Dark.

    Read More
  • Gear Review: Sig Sauer Tango 6T 1-6

    Sig Sauer has long been a big name in the firearms industry, so it came as no surprise several years ago when Sig filled out its repertoire with its own optics line. Today, we’re looking at the Tango 6T, a 1-6 low power variable optic.

    Read More
  • First Look: Hornady 6mm ARC

    Hornady brought another impressive project to the shooting public in 2020 with the introduction of the 6mm Advanced Rifle Cartridge.

    Read More

Loading