A PISTOL that belonged to bushranger Dan Kelly, the youngest brother of of Ned, has sold at auction for $122,000 in Melbourne.
The sale of the weapon, an East India Company-issued cavalry pistol, to a private collector on Wednesday was well above the reserve price of $70,000.
Dan Kelly's name had been scratched onto the walnut stock of the pistol with the date 1876.
Auctioneer Charles Leski said the gun had been discovered in 1900 in Rockhampton by gunsmith H P Hansen who had bought a lot of old and rusty firearms.
In a newspaper report of the day, it was reported that Mr Hansen cleaned the dirt, rust and grease off an old pistol which revealed the Kelly name.
The newspaper report went on to say a muzzle-load single-shot pistol, which was found on a Kelly pack-horse at the Glenrowan siege where Dan died, is possibly this gun.
It remained in the Hansen family since then and was being offered for sale by a descendent.
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