Wild Bill's and Jesse James' Guns Don't Sell at Auction, but Oakley's Gun Goes for $293K

While guns reportedly belonging to the famous outlaw Jesse James and legendary gun fighter Wild Bill Hickok recently failed to sell at auction, Annie Oakley's shotgun sold Sunday for $293,000.

Despite a $1.6 million estimated value, Jesse James' .45 Colt didn't sell at an auction in Dallas on Sunday, November 24th, 2013. After James' death, the gun changed owners several times over and ultimately landed in the hands of a collector in 1975, but according to the Daily Mail, the gun came with an incredibly strong provenance, including letters from three generations of the James family confirming its history.

At the same Dallas auction, Annie Oakley's 16-gauge Parker Brothers Hammer shotgun sold for $293,000.

"If you wanted to own an Annie Oakley artifact this is as good as it gets," Tom Slater, director of the Americana department at Heritage Auctions, told NBC News.

The unidentified buyer made the winning bid by telephone and also acquired the gun's canvas scabbard and several documents affirming the gun's authenticity. A gold charm worn by Oakley also sold at the same auction for $250,000.

Earlier this month, a pistol supposedly owned by Wild Bill Hickok also didn't sell. A report from Reuters says Hickok's Smith & Wesson Model No. 2 was worth between $300,000 and $500,000, but a high bid of $220,000 wasn't enough to reach the seller's reserve price' a private amount typically 20 to 30 percent less than the item's minimum value.