Picture of Class III weapons from the estate of Richard Wray.

Cowan’s Auctions announces the procurement of the collection of firearms and militaria from the estate of Richard Wray. Wray, a Cincinnati native and former president of the Wray Electric Company had been a collector for over 50 years, Richard passed away in July of this year, at which point his estate was contracted to Cowan’s to inventory, estimate, and sell at auction in April of 2013. Included in this collection are over 200 firearms, featuring over 90 rare, fresh-to-the-market, class III weapons.

In today’s environment, I’m guessing the auction will pull down $5 million or more.