A pistol that belonged to bushranger Dan Kelly, the youngest brother of Ned Kelly, has sold at auction for $A122,000 in Melbourne.
AAP reports 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 $A70,000.
Kelly's name had been scratched onto the walnut stock of the pistol with the date 1876.
Auctioneer Charles Leski said the gun was 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 he cleaned the dirt, rust and grease off an old pistol which revealed the Kelly name.
The newspaper report said a muzzle-load single-shot pistol, which was found on a Kelly pack-horse at the Glenrowan siege where Dan died, was possibly this gun.
It remained in the Hansen family since then and was offered for sale by a descendent.
