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Old West artifacts recoup $2.7M for Harrisburg

By 69 News & Associated Press, (follow: @69news), news@wfmz.com
Published On: Jul 22 2013 10:52:46 AM CDT

A spur appears on display at the Wild West auction, in Harrisburg, Pa. Approximately 8,000 items are up for sale. The cash-strapped city is selling the pieces, starting Monday.

HARRISBURG, Pa. -

The auction of thousands of Old West artifacts purchased by a former Harrisburg mayor for a failed museum project has netted about $2.7 million for the city as it tries to recoup the money spent on the collection.

The Patriot-News reports the auction ended Sunday with around $3.2 million in proceeds.

The city will keep about $2.7 million, enough to pay off the $2.5 million remaining on a $7.2 million loan.

The sale means the total recouped by the city for the 10,000-piece collection is about $4.4 million out of about $8.3 million paid.

Former Mayor Stephen Reed bought the artifacts to fill three unrealized museums, with the first focused on the Old West. They include hundreds of guns, furniture, documents with historical significance and a stuffed buffalo.