Milestone’s Premier Antique & Modern Firearms Auction nears $1M; rare Colt guns sell above estimate

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Milestones Premier Antique & Modern Firearms Auction nears $1M rare Colt guns sell above estimate

Gold-inlaid Colt 1911 .45 ACP-caliber gun, factory-engraved by Colt master engraver William H. Gough (active 1912-1940). Shipped in 1931 to Scruggs, Vendervoort & Barney, St. Louis. Sold for $51,600 against an estimate of $25,000-$35,000Milestone Auctions WILLOUGHBY, Ohio – An outstanding collection of Colts that included two very rare examples engraved by William H Gough laid the foundation for a very successful June 27 firearms event at Milestone Auctions’ suburban-Cleveland gallery. Owing to the large number of Internet bidders taking part, the 747-lot sale ran 12 hours, reaching a final tally that was close to the million-dollar mark, with after-sales included.