AUGUST 6, 2024

Bidding Opens on August Collection of Collector’s Elite Auctions

SCOTTSDALE, Ariz. -- Bidding is now open on the August collection of custom, one-of-a-kind and bespoke firearms on Collector’s Elite Auctions. The auction runs for two weeks, closing on the evening of Thursday, August 15.

Just a few of the highlights of this month’s collection include several Colt Custom Shop pieces, vintage Pythons and a number of high-end Rizzini shotguns.

Also on the block is a rare, one-of-a-kind Nighthawk Custom 1911, done in a Wall Street motif. Literally made of money, this unique firearm is engraved by Master Engraver Dieter Stubler.

The right side of the gun serves as a visual homage to the roots of Wall Street in America. The date 1647 has been inlayed with gold. The barrel hood features the embankment wall with a protective fence, a barrier against English soldiers, and below it, the emblem of the Dutch West India Company.

Just in front of the ejection port, Stuyvesant, with his wooden leg, marches with his troops in front of what would later become Federal Hall. This iconic location witnessed the passage of the "Bill of Rights" in the first Congress, immortalized in solid 24-carat gold.

The left side of the pistol begins with the Trinity Church, which stands across from Wall Street. The words "Wall Street" gleamed in gold, and beside it, the Charging Bull, the iconic symbol of Wall Street, stands tall in 24-carat. The stock exchange with two traders and the fluctuating share prices are meticulously engraved, capturing the essence of financial fervor.

At the rear of the slide, the pistol reveals a front view of modern Wall Street, where towering skyscrapers kiss the sky. The entrance to the building are inlaid in solid silver, a testament to the evolution of the financial district over the years.

The Wall Street pistol’s grips and trigger are crafted from shredded $100 bills, sourced from the Bureau of Engraving and Printing. This unique touch makes a tangible connection between the firearm and the very fabric of American currency.

The custom case for the Wall Street pistol has been constructed out of matchbooked myrtle wood burl. All of the exterior voids in the wood have been filled with currency and both sides of the case have been carved to resemble the New York Stock Exchange building.

The interior of the case has been fully embedded with retired US currency. In total, $92 worth of currency was used on the box, with the year 1792 being an important year for Wall Street. This was when the Buttonwood Agreement was signed on May 17, 1792, it sets rules for how stocks could be traded and established set commissions.

This premium program offers curated, high-end auctions featuring rare and distinct firearms and collectibles, with a unique, cost-effective structure tailored to enhance both buyer and seller experiences.

Unlike typical auction platforms where excessive buyer’s premiums can rapidly accumulate, Collector's Elite Auctions sets a buyer’s premium at only 10%. Sellers simply pay standard GunBroker fees upon selling. This is significantly lower than the premiums charged by many specialty auction houses, where fees can often deter both buyers and sellers.