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Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 

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James D. Julia

Rare Winchester Sells For $333,500

March 14, 2013

When automotive magnate John F. Dodge ordered a firearm he didn’t go halfway. A case in point is the Lightweight Model 1886 Takedown Lever Action rifle that Winchester created for him. With a custom carved stock of English walnut, the gun features elaborate engravings by John Ulrich. On the receiver’s left side are a gold inlaid white tail buck, doe and fawn; on the right are a gold bull moose and reclining cow in a forest scene. With its exceptional condition and provenance in mind, Maine-based auctioneers James D. Julia valued it at $175,000-$275,000, an estimate that turned out to be modest. This week it sold for $333,500.

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Hemingway’s Rifle & A Carbine From Custer’s Battlefield

March 02, 2011

Even if Ernest Hemingway hadn’t owned this Westly Richards double .577 nitro caliber rifle, it would be exceptionally rare. Hemingway’s pal and noted sportsman Winston Guest used it for hunting with Bror Blixen (of “Out of Africa” fame) in Africa. Then later in Cuba, after it came into Hemingway’s possession, the Noble Laureate carried it while hunting Nazi subs in the Caribbean. “One of the most desirable rifles in the world,” it carries a pre-sale estimate of $150,00-$200,000 at Maine’s James D. Julia’s firearms auction on March 14-15.

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TR’s Gun On The Block

September 29, 2010

The gun Theodore Roosevelt used to shoot thousands of birds will go up for sale on Oct. 5-6, 2010 in Maine.  The James D. Julia Auction house claims the Fox shotgun might be the most valuable American shotgun ever offered at public sale.

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    Recent Results

    • At Antiquorum's watch auction in Hong Kong, a Patek Philippe ref. 5074, with complications including a minute repeater with carilon, sold to an Asian collector for $574,791, the top price at the sale.
    • A block and shell mahogany bureau table, dated 1770, by noted colonial cabinet maker John Townsend has sold at Christie's for $2.2m, for than twice its $900,000 low estimate.
    • The '49 Buick Roadmaster featured in the 1988 "The Rainman" movie sells for $170,000.
    • The upright piano from the 1942 classic film "Casablanca"--the one on which Sam plays "As Times Goes By"-- sold for $602,500 at Sotheby's in New York.
    • "The Coachman," the iconic 1923 painting by Boris Kustodiev sold at Christie's Russian Art Auction for a record $7m.
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    Eye On: Taxes

    U.S. Taxes on art bought abroad

    Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.


    Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video


    Ask Alan A Question


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