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Capone’s assets soar for at least $ 3 million at auction

CHICAGO (AP) – Al Capone may have passed away almost 75 years ago, but it’s clear that interest in the infamous Chicago gangster is alive and well after some of his prized possessions were auctioned off over the weekend for at least $ 3 million.

The Chicago Tribune reports that Capone’s family have sold several of his possessions, including what was billed as his favorite weapon, at auction in California, where his three surviving granddaughters live.

The event, titled “A Century of Notoriety: Al Capone’s Estate,” took place at a private club in Sacramento and attracted nearly 1,000 registered bidders, including 150 who attended the event in person. nearly four hours.

Among the items auctioned were a bear-shaped cellar as well as diamond jewelry and family photographs. The most popular item turned out to be Capone’s favorite .45 caliber Colt semi-automatic pistol, which cost $ 860,000.

Most of the identities of the buyers have been kept confidential. But the one whose name has been made public is Kevin Nagle, an investor and business owner from Sacramento. Among the objects that belonged to “Scarface” Capone that he recovered were a decorative cellar for $ 120,000 and an 18k yellow gold and platinum belt buckle for $ 22,500.

Capone’s story is a familiar one, thanks in large part to a plethora of gangster movies, TV shows, and books. Called Public Enemy No. 1 after the 1929 “Valentine’s Day Massacre” in which seven members of a rival smuggling gang were gunned down in a parking lot, Capone was convicted of tax evasion in 1934. He spent 11 years locked up in Alcatraz, a federal prison in the middle of the San Francisco Bay Area, and died of a heart attack in 1947 at the Florida house where he and his associates allegedly planned the massacre years earlier.


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