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TIME: Almanac 1995
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TIME Almanac 1995.iso
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0106103.000
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1994-03-25
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<text id=92TT0006>
<title>
Jan. 06, 1992: American Notes:Auctions
</title>
<history>
TIME--The Weekly Newsmagazine--1991
Jan. 06, 1992 Man of the Year:Ted Turner
</history>
<article>
<source>Time Magazine</source>
<hdr>
NATION, Page 55
American Notes
AUCTIONS
Have Gun, Will Gavel
</hdr><body>
<p> Whatever questions surround the assassination of John F.
Kennedy, there has never been any doubt about who killed Lee
Harvey Oswald. On Nov. 24, 1963, two days after he was arrested
for Kennedy's killing, Oswald was shot to death in the basement
of Dallas' municipal building by strip-joint operator Jack Ruby
as a stunned nation watched on live television. Last week the
gun used in the killing went on the auction block in New York
City. The .38-cal. Colt Cobra revolver, which Ruby had bought
for $62.50 at a Dallas gun shop, sold for $220,000.
</p>
<p> The seller was Earl Ruby, who insists that his brother
Jack was not part of any conspiracy and did not even intend to
kill Oswald. "He just wanted to hurt him and make him suffer,"
said Earl, who got possession of the gun in August after
winning a court battle for control of Jack's estate. Earl will
use the money to cover debts, including an $86,000 tax bill,
that his brother left after he died in jail in 1967 while
awaiting a retrial. Like so much else in the story of the
Kennedy assassination, the identity of the purchaser remains a
mystery. The bidder, Frank Roman, says he bought the pistol on
behalf of an anonymous gun collector.
</p>
</body></article>
</text>