ROCK ISLAND, Ill., Dec. 9, 2015 /PRNewswire/ -- 15th century Egyptian armor incorporating gold inlaid plates sold for $2.3 Million at Rock Island Auction Company's 2015 December Premiere Firearms Auction. Dating to the 15th century, the armor is attributed to popular military powerhouse and architectural patron Qaitbay, Sultan of Egypt. The armor had a conservative high estimate of $500,000 and sold to a U.S. buyer.
"We are thrilled with the results of this auction, and especially with the historic armor," said Owner and President of Rock Island Auction Company, Patrick Hogan. "These strong results provided yet another record-breaking year for Rock Island Auction Company. We were able to surpass $51 million in annual sales, something no other firearms auction house has approached, and maintained our place as the #1 firearms auction house in the world for a twelfth straight year. This also has immensely positive implications for the growth of firearm collecting as a whole."
The auction saw a realized total of over $14.7 million, finishing 2015 with a flourish by drawing thousands of bidders from more than 21 countries. The $51 million in annual sales is the highest amount ever achieved for a firearms auction house. Other notable sales in the auction were a group of 19 historical Imperial German trophy mounts that sold separately for $420,612, and an engraved Winchester lever action rifle inlaid with gold that brought $207,000.
To view the items description in full, click Qaytbay Mamluck Sultan Armor.
SOURCE Rock Island Auction Company