We reported in March that a pair of handguns owned by Elvis Presley were headed to the auction block. https://www.range365.com/elvis-presleys-colt-python-up-for-auction
Interest in the Smith & Wesson Model 19-2 and the Colt Python, both highly embellished, was high, but now the Rock Island Auction Company reports that the guns set world record prices for their respective models.
This release from RIAC says the Model 19-2 went for a stunning $195,000 and a similarly decorated Colt Python fetched $172,500.
The next item on the block was a diamond and ruby studded Shelby County sheriff’s badge Elvis owned (he was a big supporter of law enforcement), the original Elvis-signed contract to purchase Graceland along with other signed documents.
“We had high hopes for these incredible firearms, and our collectors did not let us down,” said RIAC President Kevin Hogan in a statement, reported by guns.com. “It’s such a huge honor to be entrusted with the possessions of an American legend, but we also had a lot of fun with it and everyone here did as well. Half an hour before Elvis’ items sold, there wasn’t a seat to be had in our auction hall. It was absolutely electric with anticipation.”
The S&W 19-2 was an exhibition-grade .357 Magnum revolver that was accompanied by many documents and receipts establishing it as one of Elvis’ guns, including a photo of him holding it.
The gun was licensed to Presley on November 6, 1970 and was then sent to Friedrich Wilhelm Heym Co. in Germany for custom embellishments, including relief leaf and scroll engraving with gold and silver inlaid borders and five raised gold North American game animals on the K-frame pistol.
The grips are staghorn with a vine and scroll pattern, along with two more game animals that match those on the rest of the gun.
Elvis presented the gun to then Vice President Spiro Agnew, who kept it a short time until he returned it when authorities began investigating him for corruption—a scandal that led to his eventual resignation, followed by President Richard Nixon.
Elvis later gifted the gun to a local sheriff during a Graceland visit. The sheriff’s nephew ended up with the gun and brought it to RIAC.
The Colt Python, a discontinued model, was featured in a 1973 issued of Guns magazine, but has never been available for sale before the recent auction. It was also decorated in Germany by the same company and in the same style as the S&W. Elvis presented the Colt to Richard Grob, the Director of Security and Operations for Elvis Presley Enterprises. Grob worked for Presley from 1967 until Elvis’ death in 1977.