Quote:
Lugers and Walthers have always been great investments,


Maybe not. According to an article in today's L.A. Times, that same gun had previously sold for $1mil, and had changed hands a couple of times between the $1mil sale and yesterday's sale. So, someone lost almost $600K plus the vig on that great investment.

Also according to the Times article, there were three of those guns built in .45, but only two are known to survive. The other is in a museum. Buyer's name on this transaction was not disclosed, but he is reported to be "ecstatic." Hell, I'd be ecstatic too if I could drop $430K cash plus vig on a single gun.