ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

American Gangster Al Capone's Iconic Pistol 'Sweetheart' Is Going Up For Auction

The Colt 1911 .45 semi-automatic pistol is claimed to have saved the gangster's life multipe times.
PUBLISHED APR 30, 2024
Cover Image Source: Al Capone on the day of his release from jail, Chicago, 1939 | Getty Images | Photo by Chicago Sun-Times/Chicago Daily News collection/Chicago History Museum
Cover Image Source: Al Capone on the day of his release from jail, Chicago, 1939 | Getty Images | Photo by Chicago Sun-Times/Chicago Daily News collection/Chicago History Museum

An iconic relic belonging to famous gangster Al Capone, also known as “Scarface” and  “The Most Shot at Man in America,” is set to go on the auction block in Greenville in May. Richmond Auctions announced the upcoming auction of the handgun nicknamed "Sweetheart" by Al Capone. The handgun that was used for personal protection by Capone is a Colt 1911 .45 semi-automatic pistol. The item is expected to attract significant global interest and potentially break records.



 

Capone reigned as a crime boss and a notorious gangster in Chicago during the prohibition era. He had many enemies, including other criminals and law enforcement, so he carried the Colt .45 pistol as a personal protection weapon. According to his granddaughter, he referred to the Model 1911 semi-automatic as his "sweetheart" as it had saved his life on multiple occasions. It is also likely that the gun was one of his most used weapons.

Police mug shot of Chicago Mobster Al Capone. The photograph was taken by the Miami Police Department. | Getty Images
Police mug shot of Chicago Mobster Al Capone | Photo by Miami Police Department | Getty Images

As per a report from The State, the gun first came to auction from his granddaughter Diane, with whom he grew close while serving out a jail sentence at Alcatraz. After the gangster’s death, the pistol passed to his wife, then their son Sonny Capone, and later to his granddaughters. In October 2021, Diane sold the gun under the Capone Estate to a private collector for $860,000. The weapon was sold through Witherell’s Auction House in Sacramento, California, close to where Sonny Capone lived in his later years. It was one of 174 items sold, including personal photographs, pocket watches, jewelry, and more owned by the Capone family.

People registered for the auction worldwide and the pistol was the top seller among the lot. At the time, the Capone granddaughters were criticized for mongering “blood money.” However, Diane Patricia Capone told CBS News that the family wanted the world to know and remember Al Capone as the grandfather they knew and not as the mobster.



 

The owner of the gun is a businessman in Las Vegas who bought the gun as an oddity to show visitors to his office, Richmond said in the report. The owner found Richmond on Google after he heard the news that Richmond sold guns of John Wayne’s family for $5.4 million last year.

Richmond Auctions specializes in antique advertising and firearms and is auctioning Capone’s pistol at their gallery on Donaldson Road. As per their website, the starting bid for the pistol has been set as $500,000. Along with the pistol, the winning bidder will also get a certificate of authenticity, a notarized letter from the Capone family about the chain of custody, and a Colt Historical Archive letter that shows whom the pistol was initially sold to. Interested buyers can arrange for an advance viewing by making an appointment from Richmond. The final auction will be held at 3 p.m. on May 18 and bids will be accepted in person, online, by phone, or absentee.



 

Jordan Richmond, owner of Richmond Auctions, told The State that the pistol is expected to break records including the $6 million paid for the gun that brought down Billy the Kid.  “The history is incredible, What it’s been through, what it’s seen,” Richmond said.

MORE ON MARKET REALIST
The guest had endured a lot of criticism for buying the prints at even such a low price.
5 hours ago
Things got intense for her as she unlocked a mega cash with just one key in her hand in the "Master Key" game.
7 hours ago
A popular name has come up in every conversation about White's successor.
1 day ago
Lori Greiner wasn't happy at all as Mark Cuban and Maria Sharapova snubbed her for a deal.
1 day ago
Fans took to Reddit to discuss the issue with Seacrest not reminding the players of one crucial element.
2 days ago
When Rick Harrison's side kick bought King Booker's boots, he had to make sure it was the real deal.
2 days ago
Turns out the Hollywood star is quite the fan of former U.S. President, Ronald Reagan.
2 days ago
Harrison bagged one of Jabbar's personal items and a chance to go to a Lakers game with him
3 days ago
Recently, the Bonus Round of the show has featured many old phrases that led to heartbreaking losses.
3 days ago
Lubetzky was the first to drop out but then came back as he was impressed by the entrepreneur.
4 days ago
The appraiser took the guest's breath away as she was expecting to get much less for it.
4 days ago
The show got close to hitting the record of the longest Bonus Round losing streak.
4 days ago
She continued to be hyperactive throughout the game even with her answers.
4 days ago
With four offers on the table, the founders of Bucket Golf smartly got a deal that they wanted.
4 days ago
Fans took to Reddit to discuss if the show has gotten a little too social for its style.
5 days ago
When the Holy Grail toy came up to Harrison's table, he wasn't willing to let it go.
5 days ago
The founder of 'Noshi Food Paint' was down to the last shark for a deal.
6 days ago
Ashia who won $25,000 executed an epic celebration after her win in the "To The Penny" game.
6 days ago
Harrison was offering more than he usually does but the seller was also adamant.
6 days ago
It turned out that the gift came from one of the greatest American sculptors in history.
6 days ago