Al Capone's "Sweetheart" gun fails to sell at auction

Al Capone's "Sweetheart" gun, which the notorious mobster credits with saving his life, failed to sell at Richmond Auctions in South Carolina after bidding capped out at $885,000.

The Colt 1911 .45 semi-automatic pistol, was pulled from the sale by the owner because bids fell significantly short of its $3 million estimated value, according to Richmond Auctions.

Bidding began at $500,000 and the gun was put up for auction by Capone's granddaughters.

Despite failing to reach the $3 million estimation, the gun sparked an interesting question, are guns a legitimate auction item? Darren Rovell and Will Stern discuss.