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The Capone News
The Capone Auction - Highlights!
Al Capone's estate auction of October 8, 2021 was a huge success! Despite a few gitches with the bidding process, most of the items featured in it fetched over three times the projected estimate. Good for the auction house and Capone relatives. Over 3.1 million in sales. Apparently the U.S. government will also make out like bandits in taxes!! I personally participated and had prepared ahead of time of what might happen. There was a high number of participants, so I knew that the site might crash or have slow downs. I also knew that other third party websites such as Liveauctioneers would carry this auction. Unbeknownst to some, they thought that was the direct bidding site to these items. They also were tacked an additional 5% buyers premium to the already 21% premium Witherell's was charging!
The gun belonging to Al Capone was the highest reaping item!!
One million for his gun!!
Many skeptics out there as to the authenticity of this gun once they saw the sights and engravings on it. They question that it ever belonged to Al Capone. It was indeed Al Capone's gun given to his son Albert Francis "Sonny" Capone. What many people do not know is that Sonny was an accomplished target shooter who collected and shot many types of weapons. He won many awards in competitions and even test fired ammo for the Florida police dept. The modern sights were added when he used his dad's firearm for target shooting. He made it his own with the engravings.
Another item that people didn't put two and two together is that Al Capone's infamous or famous diamond studded belt buckle such as the one he gave to many friends ended up on this auction. Problem is it was now in two parts!!
Al Capone's gutted buckle and now the center being used as a pendant.
These lots at auction were won by two different people. Had the buckle remained intact and with it's correct history presented, it might have fetched way higher!! But hindsight is 20/20 isn't it?
Al Capone's buckle back in it's glory days!
(Photo Mario Gomes Collection)
The auction was the most authentic Al Capone Auction there is and will ever be! So whether you got his gun, or just a ceramic figurine, you can be rest assured what you got was authentic!
This photograph identified as Al Capone and friends fetched $2118. It could have fetched much higher. What the auction house overlooked was that another major mob figure was in this shot! "Machine Gun" Jack McGurn is next to Capone holding a shotgun.
Al Capone and Jack McGurn.
Oh yes! And for my participating in the auction you ask? I can tell you that it was very successful! I knew what I wanted ahead of time and I put all I could in without breaking the bank to get it! I also had a secret weapon! Early on in the auction, I saw that the website for bidding was not working for me by displaying a time out circle when I put in a test bid on a random item. I immediately contacted my trusted saviour in Chicago, who fronted me the payment and bid the whole amount I was offering. This was done way before my item came up and this way we knew the bid would be already there. Doing this assured us that there could be no website snafu by waiting at the very last minute to bid the full amount! Risky, but very worth it!!