Rock Island Auction Company is no stranger to record-setting Garand rifles with big histories and impressive serial numbers. In 2015, they sold “Shop Model” Garand s/n 7 for $97,750 and President Kennedy’s rifle for $149,500. The following year, Garand prototype T3E2 s/n 15 sold for $172,500 which, at the time, was the highest price ever paid for an M1 Garand.
When the hammer fell on the one millionth Garand rifle this past weekend, the auction set a new world record for the highest amount ever paid for an M1 Garand.
According to Joel R. Kolander, the Interactive Production Manager for Rock Island Auction Company, the final bid price was $287,500. That number falls right in the middle of Rock Island’s pre-auction estimate of $225-$375,000.
The unknown buyer is now part of an impressively short chain of custody that only goes back to two people: inventor John Garand and NRA Past President Allan Cors. Congratulations.