GunBroker.com, the world’s largest gun auction website, announced Friday it reached a historic occasion since its launch in 1999. The online firearms and shooting gear auction site reached $3 billion in online sales. 

According to a press release, “GunBroker.com is an informative, secure, and safe way to buy and sell firearms, ammunition, and hunting and shooting gear online. GunBroker.com promotes responsible ownership of guns and firearms.” Steve Urvan, CEO of GunBroker.com, will be in Las Vegas Tuesday at the annual Shot Show convention where he will be presented with a commemorative plaque in recognition of his site’s success. 

Nationwide, gun sales have been at a record high and according to reports, over 21 million applications were put through the National Instant Criminal Background Check System (NICS) just last year. A number of analysts claim that the rise in gun sales and new gun owner ship is due to new regulations the Obama administration has either put forth or has threatened to push.