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
He also displayed the same expertise and ease to bounce back while solving puzzles.
6 hours ago
Carey was working with the contestant all along telling him to go higher and lower.
7 hours ago
The round features four players bidding for items on the stage; however, not all of them get picked to enter the final games.
9 hours ago
The co-founders of Bubbly Blaster made a clean pitch and bagged an easy deal from two Sharks.
10 hours ago
The host himself and models on the show have been involved in such gaffes from time to time.
1 day ago
The guest who inherited a Fern Coppedge painting from her grandfather was blown away by its true value.
1 day ago
Harvey has also admitted that he is unable to recall names on his own show.
1 day ago
The comments didn't go down well with the rest of the panel and they didn't hold back.
1 day ago
The statue even triggered a bidding war when it went up for auction at Sotheby's.
1 day ago
The player who made his second appearance on the show did not let his excitement die.
2 days ago
The expert also shared tips on preserving the lampshade's value while transporting it.
2 days ago
Steve Harvey had to ask the contestant twice to make sure he got it right.
2 days ago
The guest who estimated it to be worth $5,000 got the shock of her lifetime.
2 days ago
As George Gray said, those wedding cans would look great hanging off her new car.
3 days ago
White was pitted against two other beautiful women, Summer Bartholomew, who was Miss USA 1975, and model Vicki McCarty, her friend.
3 days ago
The founder also went on to write an opinion piece slamming the shark for her behavior.
3 days ago
The pastor covered his mic and whispered something in Harvey's ear, making him awkward.
3 days ago
While the monetary value of the item was high for the expert, for the guest, the item was priceless.
3 days ago
The contestant kept trying to reassure Harvey as he tried to collect his thoughts.
4 days ago
She became the fourth player in the show's history to win so much in the Bonus Round.
4 days ago