Chicago gangster Al Capone’s “favorite” .45 caliber Colt pistol was the best draw at an auction in California, selling for $ 1 million.
Billed as an “undisturbed time capsule” of Capone’s estate, the auction held Friday night at a private club in Sacramento, Calif., Brought together nearly 1,500 registered bidders and 56 people who participated. in person to spend over $ 3.1 million in total, the Chicago Tribune reported.
Top-selling item was Capone’s ‘favorite’ .45 caliber Colt semi-automatic pistol which sold for $ 860,000, which is $ 710,000 more than the initial highest estimate. With a 21 percent buyer’s premium added, the buyer will pay $ 1,040,600, which is considered the highest price for a 20e gun of the century auctioned off, the Tribune reported.
Capone Colt .38 caliber semi-automatic blue pistol with smooth wood handles was the next best draw, selling for $ 242,000 with the buyer’s premium included – well above the initial top estimate of $ 60,000.
The collection of the Sacramento-based auction house Witherell’s – dubbed “A century of notoriety: the domain of Al Capone” – also included the price of the notorious gangster Patek Philippe pocket watch in platinium and diamonds. Estimated at $ 50,000, the watch sold for $ 190,000, or $ 229,000 with the 21% charge.
Other heirlooms, such as two photographs of Capone’s son, Sonny, were collected for as little as $ 100. Each batch of items included a notarized signature of one of Capone’s three surviving granddaughters, Barbara, the Tribune reported.
Diane Patricia Capone, who was three when her grandfather died of a heart attack in Florida in 1947, told the newspaper she was not surprised most of the items sold well above the pre-auction estimates.
“I know that’s the number the rater gave us, but the story behind it all along was that people were saying, ‘Oh, that’s well undervalued. It will go much higher, ”she told the Tribune. “So I can’t say that I was terribly shocked or surprised that this lasted much longer.”
Capone said she was moved when several lots of items belonging to her grandmother, Mae Capone, were auctioned.
“Actually my sister and I were sitting next to each other when they showed my grandmother’s porcelain and crystal, my sister and I were holding hands and I really had the tears. in the eyes, “she told the Tribune.
After a break in the auction, women working on the phone during the auction approached Capone and his sister saying, “We got so moved to watch you,” she recalls.
The identities of most buyers have been kept private, though minority NBA Sacramento Kings owner Kevin Nagle bought Al and Mae Capone decorative cigar humidor with a walnut veneer for $ 145,200. He also dropped $ 21,780 for another humidifier and a set of two accompanying chairs.
The bidding was “intense” for cigar owners, Nagle said, adding that the mood was “incredible” as bids were launched for Capone’s wanted firearms.
“It was really exciting,” Nagle told the Tribune. “There were a lot of stories we were bidding on and there were people from all over the world participating online. It’s really unbelievable.”
Nagle also bought Capone’s belt buckle in yellow gold and platinum for $ 27,225, which he will keep on his Montana ranch with the humidors as “great conversation pieces,” he said.
Capone, the larger-than-life Brooklyn-born gangster also known as “Scarface,” was dubbed Public Enemy No. 1 following the 1929 “Valentine’s Day Massacre” of seven gang members from the Rival smuggler Bugs Moran.
Capone was later convicted of tax evasion in 1934 and spent 11 years in federal prison in Alcatraz before dying at 48 in 1947 in the Florida house where he and his Chicago Outfit associates allegedly plotted the 1929 murders .
With post wires