
The man who owns the .38-caliber Colt Cobra revolver Jack Ruby used to kill accused presidential assassin Lee Harvey Oswald says the gun is going up for auction this weekend in Las Vegas.
Anthony Pugliese III paid $200,000 for the gun at an auction in 1991. He won't divulge his minimum price but will say it is more than $1 million.
The Pugliese Pop Culture Collection will go on the auction block March 15-16 at the Palms Casino Resort in Las Vegas. The Florida real estate developer says he's selling the gun to raise money to build a 64-square-mile bio-sustainable city in central Florida.
Ruby was a Dallas nightclub owner. He purchased the gun in 1960 for $62.50, and used it three years later to kill Oswald.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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