Written by Rock Island Auctions’ Joel R. Kolander:
In the business of firearms auctions, it is simply an unavoidable fact of life that one is going to come across what is known as a spurious firearm. For those unfamiliar with the term, “spurious” is the most gracious way of calling something a fake. Phony. Bogus. At its most innocent, a fake or counterfeit item can be sold as such. Someone may want that Russian Contract 1911 pistol with spurious Cyrillic text, as a representation of the original but at only a fraction of the cost. In fact, many replica cars are sold just the same way. You wouldn’t find me turning down a replica of a 1968 AC Cobra, but I’m definitely not going to pay the same price as the original. There is a market for such pieces given that they are priced accordingly and disclosed as such to the buying public. Much like the AC Cobra example, replicas can be extremely desirable and a lot of fun . . .