>> inside a farmer's barn... >> all you see is these packed-in cars everywhere, bumper to bumper. >> ...rows of classic rides. >> my jaw hit the ground. there was the rolls-royce, the bentley, pickup trucks, camaros. >> harvesting gems from junk. >> dad would take the car down to literally the bare bones and then restore them and make them these beautiful pieces of art. >> wow.sparks are flying. >> here's one of the starsw rig. >> his heirs hope to reap a fortune. >> yes! yes! yes! [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪

>> i'm jamie colby here in savannah, georgia, today on my way to meet a woman whose strange inheritance was built with blood, sweat and gears. >> my name is sherri anderson. my dad was a farmer who worked more than 5,000 acres of potatoes, beer barley and sugar beets, but his real bumper crop was growing inside his barns. >> sherri. >> hey.>> i'm jamie. >> nice to meet you.to savannah. >> oh, it's gorgeous and so great to meet you. inside, sherri shows me some old photos that tell the story of her father's 20-plus years restoring cars and trucks in his barns near paul, idaho. what variety. >> absolutely. he had cars dating from 1919 up to 1982. he got a 1968 mustang, which was mom's cruising car, a 1928 rolls-royce. >> this looks special. >> the 1950 bentley,

my personal favorite, too. >> the restoration wizard, callan "cal" phillips, born 1925. he spends his childhood working on the family wheat and potato farm in south-central idaho. cal serves in the pacific in world war ii, returns home to work on the family farm, gets married and raises six children, then gets divorced in the late 1960s. he remarries to marilyn hanshew, who has three children of her own, including sherri. it's like a blended brady bunch. >> it is. the blessing was, i got a great dad, and i got some really great stepsiblings, too. >> and, says sherri, her stepdad knows how to fix just about anything. >> you had to figure out how to fix that car or fix that engine or make it work because, obviously, time was money when it came to farming. >> in 1994, after half a century

working the fields, 69-year-old cal phillips decides it's time to hang up his farmer's hat and begin sellling off his acre. >> he was tired. he knew that his health was not going to let him do the farming as he would have liked to have done. >> but rather than quietly slipping into retirement, he surprises friends and family with news that he wants to try something completely different -- restoring and selling classic cars. >> i didn't really think that cal was the kind of guy to get into cars. >> maynard wall, who's known cal 40 years, is just one friend who's baffled. >> why do you think he took up restoring cars? >> he needed something to do. he wanted to do farm machinery collection, and i think he found out that cars were easier. >> cal has the basic mechanical skills. the rest he'll learn as he goes. his first project --

an old pickup truck. he strips it down to bare metal, patches up rust holes and gives it a fresh coat of paint. what did he love about it? >> it was something that he was discovering about himself and what he could do, what his talents were, and he put his heart and his soul into that car. >> cal finds a buyer but parting ways with his first restoration turns out to be harder than he imagined. >> he sold it right away, and after he did, he cried, and that was just too much for him. >> so he never sold any more? >> after that, no. he couldn't part with them. that was the first one that he ever did, so he left his mark on it. >> he'll make his mark on many more, like this '73 mustang, or what's left of it. he transforms it into a red-hot beauty, with fresh paint and a new white interior. how about a shell of a 1928 rolls-royce? it rolls out of his barn looking like this.

and check out this black beauty that cal restores, a 1919 model t. it's not an overnight process to restore a car. >> no, it is not. he'd take every car down to the nuts and bolts. >> how long did it take him to do this? >> usually, it would take him minimum 6 months, if not a year sometimes to restore a car. >> into his mid-70s, cal keeps turning wrenches. he gives a 1975 mg roadster a makeover from red and rusty to silver and sexy and picks up some horsepower when he restores this 1966 chevelle super sport. check out those red vinyl door panels and white bucket seats. how about some fun in the sun with this 1949 willys jeepster cal gets looking like new inside and out? would dad pick up some of these cars on the cheap? >> he'd love a bargain.

i found several bills of sale where he may have only paid for. it was a number of different types of vehicles -- pickups, cars, muscle cars, classic cars. >> did mom participate? >> she did participate, especially on decorating the cars for the parades. she loved showing them off with my father as well and loved riding in them and, once in a while, driving them. by the late 90s cal has restored more than 20 cars. next on his list, a 1950 bentley. >> you wouldn't believe what he found with that car. >> but i'm about to find out. sparks are flying. hey, dave, are you nervous? >> oh, not yet. >> here's a "strange inheritance" quiz question. way back in 1958, chrysler offered a luxury option called autopilot. what do we call that feature today? the answer after the break.

i joined the army after 911,

cuz, um, i thought that was what i needed to do. we got our orders to go overseas and i went to baghdad, iraq. we were transporting a bomb sniffing dog to the polling stations. we rolled over two anti-tank mines, it blew my humvee up, killed my sergeant. after the explosion, i suffered a closed head injury, um, traumatic brain injury, loss of a limb, burns to 60% of my body. when the doctors told me i reached my plateau, i did not want to hear that because i do not believe i have a plateau. so, i had to prove 'em wrong, which i am doing to this day and i will still do until the end of my days. i've gotten to where i am at because of my family.

and, the wounded warrior project has helped me more than i can ever imagine. they have really been there to support me in my endeavors. my number one goal, basically, is to get close to where i was. i am more than ready to work hard to get to that goal. i am living proof to never give up and i will never give up. ♪ >> so what was chrysler's new autopilot feature in 1958? it's b, cruise control. ♪ >> cal phillips is restoring classic cars and trucks in his idaho barn. after regretting the sale of his first fixer-upper, the retired farmer decides

to keep the rest of them. so far, there are more than 20 and counting. you know, the thing that strikes me, sherri,is he was too tired and too elderly to continue farming, but it sounds to me like with the cars, he was working just as hard. >> in some ways he was, but i think he found a second wind and a second love. >> cal takes a '66 thunderbird down to bare metal and transforms it into this mean, green machine with a black vinyl top and white-walled tires. and this rare 1961 studebaker champ pickup -- cal tunes it up, refreshes the interior and finishes it in cool blue with lots of chrome. >> you're opening this huge barn door, and all you see is these packed-in cars everywhere. >> kandice little is cal's granddaughter. >> he always would take me show me what he was doing. >> kandice has her eye

on this cherry-red 1968 mustang convertible. >> he knew that i loved that mustang. every time i went to visit, i asked to ride in it. >> so on one visit, cal just puts kandice behind the wheel. >> he wanted to teach me how to drive, and i was only 14, so i think he knew that that would be something special for me. he had a way of making you feel like you were the most important person in the world. >> one car cal is excited to restore -- this 1950 bentley that his daughter sherri found for sale on the roadside. what kind of shape was it in? >> it was in okay shape. the engine was perfect. the body needed a little work. >> what did he pay for that? >> seventeen thousand dollars. >> was that a deal at the time? >> it was a very good deal at the time. >> really? but how does that old saying go? if it's too good to be true... >> he took it down to literally the bare bones and found out there were holes that were almost 5 inches wide stuffed with tinfoil

and covered up with mesh and painted over, so consequently, he had a lot of work cut out for him. >> to see what it takes to fix someone else's botched job, i meet dave lester, owner of a restoration shop in boise, idaho. he's been building hot rods and classics for more than 40 years. >> this fender has had damage on it in the past, and it was restored by somebody that wasn't real experienced in bodywork. >> we can do better. >> yeah. take this grinder. >> okay. got it. any risk of me going too deep here, you know? >> no. we want to get down >> wow. sparks are flying. hey, dave, are you nervous? >> oh, not yet. >> grinding down a classic takes some guts, but it reveals how this 1946 lincoln continental, like cal's beat-up bentley, is hiding a heap of bad bodywork.

excess body filler was used to mask the damaged metal below. >> i can just restraighten this metal until we don't really need very much body filler. >> we clearly have a long way to go on this baby. stripping off some more paint, properly applying body filler, sanding that down -- just a few of the steps cal would have taken on that 1950 bentley. and after more than a year of painstaking dedication, he gets it looking good as new. ♪ ♪ it's just one of more than 50 cars he goes on to restore. in 2012, at age 87, health problems slow cal down, but he never quite yields. >> he was sick for quite a few months, but even in his worst shape, the man was still trying to find parts for cars.

>> cal phillips dies in june 2013 at age 88 and leaves his wife marilyn the 59 cars that he'd lovingly restored and couldn't bring himself to sell. nearly 4 years later, when she passes away, the cars are handed down to their five children. sherri and her stepbrother, randy, are named executors. was he specific about what he wanted to happen to his collection? >> he was very specific. he wanted those cars to be auctioned off. >> really? >> why? >> well, i think for the fact that we have so many beneficiaries in the family, it seemed like the fair thing to do so that no one would have to be squabbling or, you know, upset over who got what car or what. >> so it's time to call in the experts. >> my jaw hit the ground. there was the rolls-royce, the bentley, model t, a mustang, pickup trucks, camaros. he had them sandwiched in there so close you could barely walk.

>> but how will cal's cars appraise outside the barn under the light of day? >> was his goal to make it up to factory standards? >> i think he wanted to be to cal's standards. >> here's another quiz question for you. the most miles ever driven in a single car is over 3 million. was it... the answer when we return.

♪ ♪ >> so what make of car holds the record for the most miles ever driven at more than 3 million? it's b, volvo. the record is held by a american urban gordon and his 1966 p1800.

♪ >> sherri anderson and her four siblings are putting their strange inheritance up for auction, 59 classic cars lovingly restored by their late father, cal phillips. steering the process, brittney edward at dealers auctions of idaho. what's your first reaction when you walk on somebody's property, and you see how many cars? >> my jaw hit the ground. i couldn't believe what we were looking at. in one barn, there was a model t, the rolls-royce, the bentley. it was crazy. i couldn't believe what we saw. >> would one of the determining factors in this auction being a success be the diversity of the collection? >> i think that definitely is the case because it'll bring in a whole variety of car buyers. >> was his goal to make it up to factory standards or something less? >> i think he wanted to be to cal's standards. a collector who wants a museum-quality car,

that's probably not what's in this collection. >> brittney tells me cal's collection will likely attract a big crowd of enthusiasts looking for cars they can still put their own finishing touches on or drive to the local car show without breaking the bank. appeals auction definitely to the average car collector. if you've ever thought about collecting a car, now is your time because there's going to be a car in your price range there. >> that price range starts at about 6,000 bucks for a car like this little hudson metropolitan all the way up to 60,000 for the 1928 rolls-royce. >> we think the collection is going to bring anywhere between 550,000 and 650,000. >> really? that's a nice day's work. >> yes.>> well done, cal. but it's bittersweet for sherri, as she watches her father's cars leaving his barns. >> [ crying ] it was a huge piece of dad. >> i understand. >> sorry, guys.

>> in august 2017, the cars go up for auction in nampa, idaho. >> as you can see, these cars were a labor of love for my dad. take them home. enjoy them and know that there was a man that loved those cars. >> first to cross the block, that 1957 hudson metropolitan. >> eighty-seven now, sold your car, sir, it's sold, 8,700. >> it hammers in at a better-than-expected $9,000. cal's oldest car, that 1919 ford model t coupe... that 1919 ford model t coupe... >> wow. >> wow. >> sold, 9520, 16.5... >> ...fetches 16,500. this '52 chevy truck goes for 11k. >> can i get a 10,? >> remember that '68 mustang that cal taught his granddaughter to drive in? >> here's [indistinct] at 1968. look at that mustang. 21,000... five? sold right there, went and got her bought, 21,000 bucks.

>> wow, 21k! how about that '66 chevelle super sport? it revs up to 25k. in comes that elegant bentley that cal spent more than a year restoring. >> yes, sir, here's one of the stars of the show right now, a 1915 bentley vi. >> the bids quickly jump to 20,000, 30,000, 40,000. how high will it climb? and meet the surprise bidder next. whoa, whoa! what's your "strange inheritance" story? we'd love to tell it. send me an e-mail or go to our website, strangeinheritance.com.

>> now back to "strange inheritance." >> august 2017, sherri anderson and her siblings' strange inheritance, 59 classic cars and trucks all restored by their dad,

are rolling across the auction block in south-central idaho. >> it's been real emotional. these were dad's cars. some of them were just pieces of metal that he took in and made something so beautiful, and it's something that all of us enjoyed at one time or another. so it is a very bittersweet moment. >> the auction house estimated that cal phillips' collection could bring in 650,000 bucks, and the way things are going, that number might be in reach. >> sold at 25,000. >> woo! >> one car receiving a lot of attention, cal's 1950 bentley. it quickly passes 30k, then 40. >> now 40,000, 40,000. now 42.5, now 42.5 again. >> yeah! >> now 45, now 46,000. 46. now .5. we have sold! 46,000, 9541, 46 thou, 9541, one. >> woo! yes! yes! yes! >> and here comes another

british beauty, cal's 1928 rolls-royce. >> can i get 50 grand? fifty, now 54,000, anyone for 54, 54? fifty-five thousand? now 6, 56,000? sold 57,000. sold $57,000. >> woo! >> in all, the sale of 57 of cal's cars brings in just under 600 grand. sherri tells me she and her four brothers and sisters will divide up the profits among themselves with a little going to each of cal's grandchildren. >> i think it went very well. dad would be doing the happy dance right now. this will be the last time we see a lot of these cars, one last look, one last goodbye. >> but is it goodbye or "see you later"? ♪ wait a minute. whoa, whoa. you bought the bentley? >> yes, we did. there was no way i was going to let this car go.

>> you see, before the auction, sherri and her siblings had agreed to sell all the cars, so if any of the heirs wanted to keep one, they'd have to bid on it themselves. >> it is really beautiful. i am so excited to get a good look at it. >> we're not going to just look at it. we're going to ride in it. >> you're taking me for a ride? >> i am taking you for a ride let's go. >> all right. >> i would have thought it woul. it kind of rides smooth. >> it's actually a very, very nice car. this is a classic. >> did you pay more than you thought you'd have to? >> slightly more. our limit was 40. we went up to 46. >> sherri tells me she has big plans for the bentley, along with two other classics she and her husband purchased from her dad's collection. >> we plan on opening up a vintage limo service here in savannah. it's the number-two wedding destination in the nation, so what better way to ride in style than riding in something like this for your special day?

in honor of my dad, we've decided to name the business callan's classics. >> i can just imagine how proud your dad must be, his little girl behind the wheel, making a business out of it. >> i think he would be so thrilled and so honored and so happy. >> was dad a classic? >> dad was an incredible classic. >> sherri tells me that even though her mom supported her dad's car hobby, there was one time she put her foot down. cal was hot on the trail of a 1930 ford model a that came up for sale in a neighboring town. he was in love, but his wife, marilyn, told him he had enough cars and shouldn't spend money on another one. he was upset for months, that is until christmas morning when he found that very car waiting for him outside, red bow and all. it had been her plan to surprise him with it all along.

thanks so much for watching "strange inheritance." and remember -- you can't take it with you. ♪ ♪ >> it's the revolver that won the west. >> this is a serious piece of weaponry. >> and she inherited a slew. >> buying the guns turned him into a cowboy. it was an obsession. >> you in there? >> lawmen and outlaws alike reach for the hotshot of colt pistols. >> i was always told that it was a million-dollar gun. >> talk about bang for the buck. >> i've been looking for you. >> or will it all backfire? [ gunshot ] [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪ >> i'm jamie colby, in garden grove, california,

about a half-hour south of l.a. i'm on my way to meet a woman whose wild west inheritance might be worth a fortune. come on. let's go have a look-see. >> my name is melissa guy. when dad passed, he left me with 40 rare colt pistols, one in particular that led me to a bit of a showdown. >> hi, melissa. i'm jamie. >> hi, jamie. >> melissa leads me into her living room... and shows me a small sample of the strange inheritance her dad, mel, left her. oh, look at the handle. come here, baby. >> this would be a gun that a cowboy would carry. >> mel wasn't a cowboy but a world war ii navy vet who owned a sheet-metal company. he never had a thing for guns until his wife gave him this antique pistol as a birthday present. >> it was a couple dollars. and this is the gun that started the collection.

>> mel loves it so much that he decides to replate it with shiny new nickel. then, he learns the refurbishing diminished its value. it's a mistake he only makes once. >> my dad decided right then and there, "if i'm ever going to buy another gun, i'm going to know everything there is to know about guns." >> and he will buy plenty. his research sparks an interest in single-action revolvers, patented in 1836 by connecticut gunmaker samuel colt. >> colt developed a multi-firing firearm, which, up to that time, you only had one shot. colt made possible five shots or six shots. >> greg martin is a renowned firearms dealer. i meet him at the autry museum of the american west in los angeles. so, it was pretty innovative, what colt did. >> extremely innovative. there were other attempts at revolving firearms made,

but colt was the first practical invention that really made it so you could use it. >> what does it mean, single action? >> a single action means that, when you want to activate the gun and turn the cylinder, you pull the hammer back, and the cylinder will turn. >> ready to fire. >> ready to fire. >> one of the first to take advantage of colt's revolver -- the u.s. military during the mexican-american war in 1846. >> this is the largest handgun made at the time, and it weighs 4 1/2 pounds. okay. >> oh, my gosh. it's as heavy as a rifle. >> the next evolution, this is a standard model that was used in the civil war. >> that's a big piece of history. >> and which they made approximately 250,000. >> then, in 1873, colt adds a self-contained metallic cartridge to his new single action army model, nicknamed the "peacemaker."

>> this is known as the revolver that won the west. >> did the stories behind the wild west have anything to do with dad's fascination with guns? >> yeah. he started reading all stories on the wild west and watched every cowboy movie ever made. ♪ >> you've come far enough, earp. >> get out. >> spurred on by legends like wyatt earp, mel amasses an arsenal of colt revolvers. did you go to gun shows with him? >> i went to gun shows as a child. he'd bring them back and talk about them forever. it was like, "come on, dad. please." >> were you allowed to touch the guns? >> no. he bought a safe, and they were in the safe all the time. >> when my grandfather got into something, he dove into it. >> michael acosta is melissa's son. >> my grandfather could take a look at a gun from a distance and know if it was right or wrong. he could tell you almost anything about colts that you could ever ask.

>> by the early '70s, mel's collection tops 300 guns. but one eludes him, one of the rarest colts ever made -- the legendary buntline special with a 16-inch barrel. >> his obsession was owning a buntline. >> how long had he looked, a week? >> oh, at least a decade. it had to be a perfect gun. >> here's a "strange inheritance" quiz question... the answer after the break. man: i got scar tissue there. same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch. it'll just be another chapter in the story.

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♪ >> it's b. as a teenager, colt became fascinated by how a ship's wheel could spin freely or be locked in place using a clutch system. >> a birthday gift from his wife. this antique pistol turns mel guy into a lifelong firearms collector. he stockpiles rare colt revolvers dating back to the 1870s. the iconic six-shooters are the gun that tamed the wild west. [ gunshots ] just ask any cowboy. >> it was won by efficiency, by accuracy,

and by just being a good piece. >> cowboy historian peter sherayko joins me along with a posse of re-enactors, the alpine outlaws. you only have six shots? >> only six shots. >> did they carry six? >> they carried, usually, five. >> why? >> because these guns were designed that, if the hammer is down on a cartridge and your stirrup, say, fell on it, or you dropped the gun, it would go off. >> so leaving one cylinder empty prevented a lot of shot-off toes. over 20 years, mel collects more than 300 of the rare colts. but he's always on the lookout for one in particular, a buntline special with a 16-inch barrel. >> we know of 22 buntlines that came from the colt factory. of the 22, 11 are the 16-inch barrel. >> that's a small number. >> very small number.

>> firearms aficionado greg martin tells me the name buntline was coined by a popular dime novelist, edward judson, best known for his chronicles of buffalo bill. >> judson's pen name was ned buntline. >> the story goes that, back in 1876, buntline ordered five colt revolvers with long barrels and presented them as gifts to famous lawmen such as wyatt earp and "bat" masterson, a thank-you for the interviews they gave him about their wild west exploits. so, that put the buntline on the map. >> put it really on the map, part of american folklore. >> since then, the buntline has earned fame on tv, as a children's toy, and on the big screen. the gun's allure is not lost on melissa's father, who searches for more than a decade before he gets the right one in his sights.

>> it came with a stock that you attached to the back of the gun that really turns the gun into what i would call a rifle, which makes the gun shootable and more accurate. >> how much did he pay? >> $32,500. >> one gun? >> one gun. >> was that cash he just had? >> he didn't care. he was going to buy that gun. >> but as my cowboy friends demonstrate, the buntline special is more collectible than practical. >> now, larry, he's got the short gun over there. tony, he's got the buntline, and we're going to show you just how much faster it is with a shorter gun -- at least, i hope so, anyway. ready, boys? draw! if you notice, larry got out there a little bit quicker. and that's the secret. >> it's an advantage. but sometimes, a girl just has to live a little dangerously,

so i'll take my chances with the buntline versus his regular-sized colt. >> you in there? >> yeah. you found me. >> well, doggone it. [ gunshot ] >> and that, my friends, is how the west was won. [ laughs ] mel enjoys his colts into his 80s, but with his health in decline, he begins to get his affairs in order. was there a plan? >> he wanted me to sell the gun collection. >> his beloved gun collection? >> yes. >> why? >> i think, once he was finished with them, he knew it was time for somebody else to have them. >> did you try to talk him out of it? >> i tried to talk him into keeping some of them, and he said no. >> mel does sell off a bunch, but when he dies in august 2015, at age 88, he still has more than 40 rare

colt revolvers, including his crown jewel, the super-rare and super-long colt buntline special. they are melissa's strange inheritance. along with them, she's left the high-stakes task of selling them off. >> there is a part of my grandfather whose legacy is this colt collection that is leaving, and i'm sure that is very difficult. >> had dad ever had the collection appraised? >> no. but he knew, in his mind, that the entire collection would be well over a million dollars. >> over a million? >> well over a million dollars. >> and just one of those guns accounts for half of that million or more -- the buntline. that's underscored for melissa six months after mel's death, when she displays it at an antique gun show in vegas. what was the reaction that you got when you took it to that las vegas show? >> "it's so rare." they want to take pictures. they want to touch it. they want to hold it.

>> news travels fast in the gun-collecting world that a pristine buntline is back on the market. but the rumors travel just as fast and threaten to drastically devalue melissa's inheritance. i imagine there are fakes out there. >> lots of fakes. >> here's another quiz question... the answer when we return. autism spectrum disorder he didn't have any friends as a result it broke my heart. ♪brother let me be your shelter♪ that was the inspiration behind my non-profit "score a friend" go!

educating people to include the people with differences is so important because when jacob's included he feels like he can succeed in life and he feels like he actually has a purpose.

it's george s. patton. the world war ii general had both guns outfitted with ivory grips and engraved with his initials. >> only 11 were made -- the colt buntline special. after taking her rare revolver to a gun show, melissa guy finds her strange inheritance under assault. she believes the revolver purchased by her dad for $32,000 is an authentic, unaltered buntline special made in 1876 and now worth hundreds of thousands. but soon after the show, some collectors in the close-knit world of antique firearms are whispering that her colt is not completely authentic. >> the problem with the buntline was the cylinder. somebody put the word out that the buntline was not right because it didn't have a number on the cylinder.

>> serial numbers are important, right? >> absolutely. >> you can see, on this colt, the numbers are right here. but, on the buntline, there's no number on the cylinder. more than money is at stake for melissa. her father, mel, not only took pride in his collection, but in the shrewd, knowledgeable, and patient way he assembled it. had he been hornswoggled when he shelled out big bucks for the jewel of his collection? >> to say that my grandfather's gun was not correct hurt my mom. if the gun was not correct, he would know. and he looked at many buntlines. >> melissa and her son, michael, decide it's time to shoot back, but they can't prove the naysayers wrong alone. they track down firearms guru greg martin. >> i imagine there are fakes out there. >> lots of fakes. you can take an ordinary single-action, put a long barrel on it, take off the serial numbers, restamp the numbers. just like there are good artists

that fake painting, there are good artists that fake guns. >> is there more than one serial number on that gun? >> there's many serial numbers on the gun. >> should they match? >> they all should match. >> so, what gives? >> greg obtains a copy of an old colt ledger listing every buntline shipped from the connecticut factory between 1876 and 1884. he discovers a surprise. mel's buntline not only appears legit, it's the final one to leave the colt factory. >> this is the inventory of the buntlines that were sold. the last one, which was mel's gun, was shipped in 1884. >> but what about the cylinder with the missing serial number? could that part have been swapped out in the century after it was made? if so, it would no longer be an authentic buntline. so greg turns to the colt buntlines shipped just prior to mel's.

he discovers it's owned and authenticated by the autry museum right here. and guess what? it, too, has no serial number on the cylinder. so, the gun produced right before this also didn't have a serial number? >> no, it did not. in our research, we turned up the fact that these two buntlines did not have a serial number on the cylinder. >> those buntlines were made in 1876 but weren't shipped for another seven or eight years. greg concludes colt must have updated the cylinders but, for some reason, not stamped them with numbers before sending them out. can you say, with 100% certainty, that this is the real deal? >> with 150% certainty, it's the real deal. >> but he's not done yet. he finds one last piece of evidence that not only confirms the buntline's authenticity but demonstrates how keen

was mel's collector's eye. turns out this buntline special is even more special than anyone imagined. >> it is a piece of american history. how do you put a price on that? >> what's your "strange inheritance" story? we'd love to tell it. send me an e-mail or go to our website, strangeinheritance.com.

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if your brand new car gets totaled, liberty mutual will pay the entire value plus depreciation. liberty stands with you. liberty mutual insurance. >> now back to "strange inheritance." >> when mel guy bequeaths his collection of rare colt single action revolvers to his daughter, melissa, he makes his intentions clear. she is to sell the guns, no ifs, ands, or buts. so far, she's sold 16, including these four mint-condition 1923 .44-40s for 120,000 bucks alone. sales of the other guns have brought in an additional 80k, bringing her total to date to more than $200,000.

>> this has been difficult because, each time i sell a gun, i'm selling a piece of my father. so that's the hard part. >> hardest of all is what to do with this buntline special, the pride of mel's collection. it could be worth many hundreds of thousands if collectors can be convinced it's indeed one of the 11 buntlines made by colt. firearms dealer greg martin thinks he's proven melissa's strange inheritance was the last buntline to leave the colt factory back in 1884. then he discovers that melissa's colt is even more special than that. he comes across this old photo taken at the philadelphia centennial exposition in 1876. >> colt put together this beautiful display of over 300 guns. i looked at it a little more closely, and i discovered

there's actually a buntline in the display, complete with the shoulder stock. but it had a little hump on the stock that i wanted to get a closer view of, and this photograph clearly shows the sight folded down on the stock. >> just like this one. >> right. that's very significant because this is the only buntline special known that has a folding tang sight. >> bull's-eye. >> [ laughs ] >> what was your reaction? >> i was not surprised, because i knew that my father would not have bought the gun if it wasn't a perfect gun. >> greg agrees to help melissa sell her buntline. in january 2017, he brings it back to vegas and puts it on display at an antique-arms show. any offers? >> had a couple of good offers. >> like what? >> one was $500,000. >> whoa. >> mm-hmm. >> what'd melissa say? >> well, she wants a little more.

>> you got a 1/2-million-dollar offer on one gun, and you turned it down? >> i believe the gun is worth more. >> greg believes she may well be right. if i'm a colt collector... >> right. >> ...and i know that the buntline comes because of this whole story of guys like wyatt earp... >> mm-hmm. >> ...that must increase the value. at least it's a better story. >> it really does add a lot to the value because, in popular culture, it has been propelled into one of the great icons of firearms. >> what's your prediction? >> we would have an auction estimate of between $600,000 and $800,000. >> so, melissa is glad she stuck to her guns. she intends to sell the buntline eventually with the rest of her dad's firearms. >> when the last one leaves, i don't know if that's going to be, "yes, dad, i did it. i did what you told me to do." >> but buyers beware.

melissa says she won't pull the trigger on this baby until she gets her price. maybe, an offer will come in in the next couple of months. what if it doesn't in a year? >> then, i will have a buntline special. >> and be holding on to a piece of dad's a little longer. you've seen melissa's rare colts, some in pristine condition, but before we leave, i can't resist showing you another colt lover's beat-up beauty from the museum's collection. it's an 1883 colt single action army revolver, originally gold-plated, but years of heavy use wore it away. engraved on one side of the gun's ivory grip, check out the owner's initials, t.r. that's right, teddy roosevelt. the native new yorker and future president wielded this baby as a cowboy and rancher in the dakota territory. i'm jamie colby. thanks so much for watching "strange inheritance."

and remember -- you can't take it with you. [ gunshot ] [ thud ] >> i've been in the building a lot of times and there's not any security and there doesn't seem to be need for security. gerri: breaking news this morning, five people gunned down in targeted attack in capital gazette news room have died. the suspect sued and won defamation lawsuit. cheryl: today final day of trading for the week, the month and the second quarter, we are now six months to the year, looking to pose half percentage gain at least for second quarter. dow down 2% right now.