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Concealed Republican > Blog > News > This Gun Sold For $5.8 Million… And It Might Still Be Early
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This Gun Sold For $5.8 Million… And It Might Still Be Early

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Last updated: September 13, 2026 5:06 am
By News Room 1 Min Read
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This Gun Sold For .8 Million… And It Might Still Be Early
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The video features an interview with Rock Island Auction Company about the firearms auction market, its shift from a few large live sales to continuous online selling, and the growing role of guns as collectibles and assets. The guest says the company has become the world’s number one firearms auction house and highlights its move from Illinois roots to active sales out of Bedford, Texas. The central anecdote is a record-setting Henry rifle associated with Abraham Lincoln’s Secretary of War Edwin Stanton, which sold for $5.8 million and tied the world record for a firearm at auction. The discussion argues that gun collecting is still in an early stage as an asset class, with room to grow alongside broader collecting markets like watches, sports cards, and cars. A recurring takeaway is that buying guns as investments should be driven by genuine passion, not just speculation.

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