Rock Island Auction Co. gavels in $22 million in May!

Rock Island Auction Company (RIAC) brought in $22 million in sales at its Premier Auction of 2023, which took place May 19-21! Featuring the Beaumont-Adams revolver surrendered by Confederate President Jefferson Davis at his capture and Zane Grey’s Winchester Model 1895 rifle — earning $470,000 and $440,625, respectively — the three-day event, offered more than 2,000 collector firearms, military artifacts, accessories and artworks.

“We’re extremely privileged to be entrusted with items so significant to American history,” said Rock Island Auction Company President Kevin Hogan. “Results like these continue to show that the fine arms market is strong, and that people are collecting them as much for their own personal enjoyment as an investment.”

The May Premier Auction is Rock Island Auction Company’s spring flagship event, showcasing hundreds of the most historical firearms worldwide. The success of the auction, and of the company, continues to show fine arms collecting as a field increasing in popularity and value. Out of the past eight auctions, seven have exceeded the $20 million mark, solidifying the company as a leader in the firearms industry. This year, the company takes aim at annual sales of more than $100 million for the third year in row, with its final Premier Auction to be held at its newly expanded Bedford, Texas opening later this year.