John Slagle – KIKO Auctioneers, Canton, Ohio
Typically, gun auctions muster up images of firearms with a patina and of historical vintage.
Earlier this year, however, it was much more recent guns that drew top bids at an event.
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At an KIKO Auctions, bidders made it plain they wanted AR and military-style rifles and pushed up the prices accordingly.
According to KIKO firearms expert John Slagle, the auction house recently sold a Heckler & Koch model 91 Rifle for $1,900; a pair of Springfield Armory M1A rifles, one for $1,700 the other at $1,500; a Bushmaster XM15 for $1,125 and a DPMS LR 308 for a cool $1,000.
Huh, and the AR buying frenzy was suppose to have been over in 2014.
“They were used rifles, all in very good condition,” Slagle said. “And we were a little surprised at how the bidders kept going at it.”
A Kimber Ultra Carry lightweight 1911 in .45 ACP recently commanded $825, a difference of less than $200 from the new-in-store price.
Editor's Note: This brief originally appeared in the January 27, 2014 edition of Gun Digest the Magazine.
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