Lot # : 9012 - Colt 1911 .460 Rowland

Auction Terms & Conditions Invoices will be emailed to successful bidders within 24 hours of auction close, be sure to contact us quickly if you do not receive your invoice. UNPAID invoices up to $250 will be subject to $25 restocking restocking fee - All invoices over $250 will be subject to a 10% restocking fee. If you are unable to make timely payment, please do not bid. Please REVIEW YOUR INVOICE CAREFULLY. Your registered Credit Card WILL BE CHARGED within 1 business day of the auction close time unless you contact us to make alternative payment arrangements. Contact Us by email or Phone Should You Wish to Make Other Payment Arrangements. All internet bids are treated as if they were given at a live auction. Our clerk will represent your bids as quickly as possible but sometimes other clerks representing other bidders or on-site floor bidders beat your clerk and the auctioneer will acknowledge the first bid seen or heard. The Auctioneers declaration of the winner is final. All Bidders will be held accountable for their internet bids. Your internet bids are a contract and you are responsible for honoring them. Lots are sold 'as is, where is' absolutely no exceptions, warranties or guarantees', and the ultimate determination as to authenticity and condition is the responsibility of the bidder. The placing of a bid will be taken as full agreement to all terms & conditions. The auction house has the right to withdraw any lot. Auctioneer reserves the right to cancel / nullify the sale of any lot sold through auction. Absentee Bidding is used by those who cannot attend the auction in person. Absentee bids may be submitted via our mobile app, website, internet bidding websites or by phone. Absentee bidders agree to all terms and conditions. In terms of a tie bid between an absentee bidder and the auction floor, the auction floor will win said item at their amount bid. Most Items are sold absolute occasionally there are reserves set by trustees / consignors. If reserve is not met a sale may not automatically be assued by buyer. The Removal Deadline for all items in this auction is 20 days after the close of the Auction. Please contact us before bidding if special arrangements are necessary for an extension. On-site shipping services are available for packaging, shipping services. If not removed after 20 business days, items may be put back into auction and you will receive a check for proceeds from that auction minus standard consignment fees. Ohio Buyer's must also pay all sales tax. To receive the benefit of any tax exemption, Buyer must supply us with a OH State Sales Tax Exemption Certificate. Summit Gun Auctions would like Buyers to feel they have been treated fairly and pay a fair price for the items based on their condition. Please do not enter a bid at a price that is greater than you are comfortable paying for any individual item based on its condition. There will be no adjustments to the final bid price after bidding has ended. All items in this auction are sold on an "AS IS" basis with no warranties or representations whatsoever, either expressed or implied. Neither Summit Gun Auctions, nor the Sellers make any warranties or representations of any kind with respect to the property or its value, and in no event shall they be responsible for correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of the property or estimate of its value. No statement (oral or written) in the catalog, during inspection, or elsewhere shall be deemed such a warranty or representation, or any assumption of responsibility. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE AND MERCHANTABILITY ARE EXPRESSLY DISCLAIMED. AUCTION TERMS OF SALE. VERY IMPORTANT! READ CAREFULLY BEFORE YOU ATTEMPT TO BID! ONCE YOU BID, YOU WILL BE BOUND LEGALLY BY THE FOLLOWING TERMS AND RULES THAT ARE STATED HERE: BIDDER IDENTIFICATION: All purchasers are required to complete registration, including full name, address, phone and email. Please make sure all INFORMATION is ACCURATE at the time of registration. Delays and/or Losses can occur if improper information is provided. CREATING A USER ID & PASSWORD: Just click the “Submit Bid'' button on any of our auction items and follow the instructions. It’s easy to get registered and takes about two minutes! If you need assistance registering, E-Mail us at info@summitgunauctions.com Our monthly firearm online auction starts the first week of each month and is added to daily. Most auction items start at $20 with no reserve. PAYMENT: The Buyers Premium is 18.99% for Cash/Certified Funds and 18.99% for Credit Card payers. The Buyers Premium is added to each invoice. Auction invoices must be paid promptly by certified bank check, money order, major credit cards or cash. When bidding in any respective auction has finished an invoice will be sent to the registered bidder email address from info@summitgunauctions.com. Please REVIEW YOUR INVOICE CAREFULLY. Your registered credit card will be charged within approximately 24 hours after the Auction Close Time. Contact us by email or phone should you wish to make other arrangements. We accept VISA, Master Card, American Express, or Discover. Checks are accepted from the registered bidder with proper identification and appropriate time for clearing of funds. Cash is also accepted. It is a Federal crime to write a non-sufficient fund check or cancel a credit card on a firearms purchase – we report the gun as stolen to the ATF and local law enforcement – there is a mandatory prison sentence for the stealing of a firearm – so bear this in mind when writing a personal check or using a credit card. All payments, background checks and personal transfer of firearms will be made at the Summit Gun Auctions, located in Lebanon, OH. All auction guns must be promptly removed (if Instant Check is a proceed). Ohio State Sales Tax of 7% will be added to each invoice if the winner is present at the auction facility (Provide your OH Sales exemption certificate to remove sales tax. Out-of-state shipped orders are also exempt from sales tax). We reserve the right to refuse a bidding account to anyone. Under no circumstances may you apply for a bidding account if you are under any kind of a disability in terms of possessing a firearm of any kind. No exceptions. Also, if you cannot possess a firearm, you must NOT enter our auction facility in Lebanon, Ohio. We are an FFL dealer, so all federal and state firearm laws govern every aspect of these online auctions and any infractions will be immediately reported to local law enforcement agencies and the ATF. You must be 21 to purchase rifles or shotguns and 21 to purchase a handgun. You must be age 21 to purchase long gun ammunition and age 21 or older to purchase handgun ammunition. You are responsible for knowing if your state bars a certain type of firearm/ammo/accessory from being shipped to you. If you purchase an item that cannot be shipped to your state, we will auction this item at the next auction and mail you a check minus a consignment fee. KNOW YOUR STATE / FEDERAL LAWS BEFORE BIDDING AS YOU ARE RESPONSIBLE FOR PAYMENT REGARDLESS. Note also that Summit Gun Auction, does NOT under any circumstances pay, nor are we responsible for any fees associated with your hometown FFL – that is between you and your FFL dealer. No exceptions. BIDDING in SUMMIT GUN AUCTIONS, LLC, AUCTIONS: Once you have your email and password registered in your account, you may place bids as soon as an auction item opens for bidding (look at the countdown “clock” with each item for the close time) in the online auction. Your bids are FINAL and constitute a binding contract. Some of our Online Auctions are Timed, note carefully the countdown time of each firearm – you are responsible for monitoring these times should you wish to increase your bid. Should there be bids on any items within five minutes of close time, the bid on that particular item will continue for five additional minutes or more until all bids are exhausted. Please bid EARLY to avoid disappointment. “Sniping” in at the last moment can be risky if your computer fails or runs slow. NOTE CAREFULLY: We are NOT responsible for your SPAM catcher/your computer’s malfunctions stopping any of our E-Mails to you in regard to outbid notifications – you are responsible for watching any gun on which you are high bidder and determining that you are the winner of the auction. Summit Gun Auctions employees are firearm collectors too and therefore allowed to bid on consigned items. Once you are finished bidding, request your invoice at info@summitgunauctions.com. Your posted wins at www.summitgunauctions.com are final. VERY IMPORTANT: We are not responsible for computer malfunctions during the auctions and we are not responsible for “electrical blackouts” or any other acts of Nature. We reserve the right to resume or restart or extend an interrupted auction. IMPORTANT: Make sure you hit your computer’s “Refresh” button frequently AND check your bid standing (“Winning, Outbid, Lost, Won'') so you can assure you are the high bidder at any given time and in fact the winner. HARMONY OF THE SALE/AUCTION PREVIEW: Any person disrupting the harmony of the gun auction/preview days will surrender their password and local law enforcement authorities will be summoned. If found to be in violation of our rules, your current bids will not be honored and you will be blocked from further Summit Gun Auctions – your account will be deactivated. We reserve the right to refuse a bid number or the rights to preview the collections to anyone. DO NOT BID unless you have read all of these “Terms of Sale”. No other rules apply! We are NOT associated with other websites and have our own terms and rules. Firearms for Online and Live Gun Auctions will be on display online only, we will be glad to provide additional information/digital photos of any item, but please do NOT wait until the last day or after business hours for these requests or we may not be able to accommodate you. RESPONSIBILITY OF BIDDERS: Read the descriptions of each firearm/view photographs carefully and if you have questions, E-Mail us at info@summitgunauctions.com or call 513-824-8937. Lot descriptions are provided for each lot item in the auction on a best efforts basis and are not intended to be definitive scholarly works or appraisals. Conditions provided are only the opinion of the auction house. The bidder is ultimately responsible for determining the condition of a lot. BE SURE to ask any questions about an item BEFORE bidding and well before closing time – it does no good to ask questions once you have won the firearm. We want you to be happy with your online purchases and will go to great lengths to describe the firearm to you and furnish an honest appraisal. If you visit the Summit Gun Auctions location, please personally inspect each firearm/item on which you intend to bid. For every bidder: Using YOUR firearms knowledge and experience, form your own opinion of the firearm and bid accordingly. If in doubt, DO NOT BID. All guns are sold as is, where is. Period. THERE IS NO INSPECTION PERIOD OF ANY KIND ONCE THE FIREARM IS PURCHASED AND RECEIVED. This is a real AUCTION and the majority of these guns are estate firearms from the deceased – – the estates are paid, the court documents filed and the sale is final. We do not test fire each gun and therefore do not guarantee that they will fire correctly or function correctly. We are not gunsmiths and do not take guns apart – we cannot confirm if all of the internal parts are present on any given firearm. All gun sales are final. Any internet descriptions of the sale guns are meant merely as a guide – make your own determination as to its worth and validity. We offer no guarantee or warranty on these firearms. We sell these guns as collectibles only and do not recommend that they be fired prior to qualified inspection. All consignors’ names are withheld due to security reasons. As per contract, consignors may not bid on their firearms, nor may they purchase them. MOST OF OUR AUCTION ITEMS AND FIREARMS ARE SOLD WITH NO RESERVE, OCCASIONALLY THERE IS A RESERVE. Any paid auction items not picked up within 30 days will be auctioned and a check issued to the owner with an 18% consignment fee plus any applicable charges deducted. The placing of a bid will be taken as full agreement to all terms & conditions. AUCTIONEER: The bidding advances shall be regulated by the auctioneer and shall be at his discretion. The auctioneer reserves the right to determine the opening bid / minimum bid on any lot. The auctioneer reserves the right to pass / no sale any lot. Items which are not reserved are sold at the auctioneer's discretion. The auctioneer has the right to refuse any bid. The Auctioneer reserves the right to execute absentee bids on behalf of clients and vendors, but shall not be liable for errors or omissions in executing instructions to bid. The auctioneer acts as agent only, and shall not be liable for any default of the purchaser or vendor. KNOW YOUR STATE / LOCAL LAWS BEFORE BIDDING: IF YOUR STATE WILL NOT ALLOW THE FIREARM / AMMO, YOU ARE STILL RESPONSIBLE FOR PAYMENT. INCLUDING BUYERS PREMIUM. WE CAN PUT IT INTO THE NEXT AUCTION AND SEND YOU A CHECK MINUS CONSIGNMENT FEES DISPUTE BETWEEN BIDDERS: In the event of any dispute between bidders or a tie bid between online platforms, the auctioneer shall have the sole and final discretion either to determine the successful winning bidder or to re-offer and resell the lot in dispute. The auctioneer’s sole resolution of dispute is final and applies to all bidding mediums. BUYERS OUTSIDE THE USA or Canada: We do not have an Export License, you will be responsible for your bids and must have means to transit your exportation. TAKING POSSESSION OF AUCTION FIREARMS: All pickups will take place at 22three Firearms Store and Range located at 2053 S US-42, Lebanon, OH 45036 **PICKUPS WILL NO LONGER TAKE PLACE AT SUMMIT GUN AUCTIONS** If you wish to pick your items up, you will need to notify us 48 HOURS PRIOR to when you plan to pick up to allow enough time for us to get your items transferred to 22three Firearms Store and Range. If you need to make specific arrangements for pickup, please be sure to contact 22three Firearms Store and Range at 513-228-0656. Transfer Fees will apply & will be paid directly to 22three Firearms Store and Range. The fee is $40 per item for standard transfers. For NFA transfers the transfer fee is $150. 22three only transfers to citizens or permanent residents. We do not transfer on the other exemptions, such as student or work visas. There will be NO transfer fees for items being picked up paid directly to Summit Gun Auctions. If you would like to pay cash for your items, you will need to come directly to Summit Gun Auctions (605A Norgal Drive, Lebanon, OH 45036) to make payment prior to picking your items up at 22three Firearms Store and Range. We will then call 22three Firearms Store and Range to give permission to start the transfer process. **22three Firearms Store and Range will under NO circumstances accept any payments for items won in the auction** In office background checks are subject to the availability of CJIS/LEEP and their potential system delays. Transfer Fees will apply. We absolutely observe all Federal and State gun laws. We hold a Federal Firearms License in Ohio. The same person who registered the bid number MUST be the one to pay and pick up the auction firearm(s) at the conclusion of the sale at the Summit Gun Auctions Auction facilities – no one else will be permitted to make the transfer. AVOID THIS PROBLEM – DO NOT UNDER ANY CIRCUMSTANCES BID FOR ANOTHER PERSON. Merely tell the person to register and create their own account and password. The winning bidder DOES NOT take ownership of the item until the item is paid for. Firearm sales to non-licensees (with the exception of muzzleloaders or antique arms manufactured before 1898 or non-guns) will be subject to and must pass the FBI Instant Check – NICS / CJIS / LEEP. The only exception is a licensed Federal Firearms Dealer or Curio & Relic Collector License holder (guns MUST be on ATF approved C&R list or be 50 years or older) who must present a current, signed copy of a license (or FAX or E-Mail scan). CAREFULLY NOTE: As per ATF instructions, we send our FFL only to other FFL’s and NOT C&R’s or non-licensees. If you are NOT a Ohio resident, you may not take direct possession of a handgun (FFL or C&R Collectors may take immediate possession of qualifying handguns) – see next section below. If you deny after your Instant Check, you will NOT take possession of your auction firearms or ammunition and they will be sold at our next available auction and a check will be mailed to you for whatever the gun brings minus a commission fee. If you know you are not supposed to possess a firearm, do not bid at our sales. We will summon law enforcement officials on the matter. AUCTION GUNS WON BY OUT OF STATE BIDDERS: : KNOW YOUR STATE LAWS PRIOR TO BIDDING ON AN ITEM. If you are not a Ohio resident, we will ship your firearms to your local gun dealer when he faxes us his signed, current FFL license, E-Mails a copy, or sends it in the mail. If you have a current ATF C&R License we can ship qualified firearms to your home if your state law permits. The shipping cost varies according to size, weight, value and destination. In some cases we can get two or more handgun/rifles in one box and the charge per gun will be reduced. We’ll work with you on this to be the most economical. We will provide a tracking number to you once the gun ships if you request it. We are experts at packing firearms correctly and will make sure your firearms get to your dealer safely. We highly suggest that your local FFL dealer be instructed by you NOT to open the shipping carton until you are present. This is very important! Your name will appear on the shipping label to facilitate this request.