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Guns being made out of meteorites

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A new handgun will be out of this world. The price will also be for many gun aficionados.

High-end handgun maker Cabot Guns is making a pair of extra-terrestrial pistols from a meteorite.

The guns are expected to sell for about $1 million at auction next year.

Cabot founder and president Rob BiaNchin told CNNMoney that holding the meteorite is "awe inspiring," but it is difficult to work with. He compared the cutting of the meteorite "to cutting a rare diamond."

Cabot Guns had previously created a pair of pistol grips from meteorite.