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Realised Price:
$258,750

Estimated Price:
$250,000 - $380,000

Lot 3374: Magnificent Cased Colt Paterson No. 2 Belt Model Revolver with All Accessories

Auction House: Rock Island Auction Company

Auction Location: Moline, IL, USA

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4507 49th Avenue

Moline, IL

USA

61265-7578

Phone: 800.238.8022

Fax: 309-797-1655

Email: info@rockislandauction.com

Auction Title: Premiere Firearms Auction - Day 3

Auction Date: 05 May 2008

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Description: Magnificent Cased Colt Paterson No. 2 Belt Model Revolver with All Accessories
This is a truly rare and exceptional Colt No. 2 Belt Model Paterson with case and accessories. This revolver and casing is photographed on page 97 of THE PATERSON COLT BOOK by R.L. Wilson. The revolver has a blued barrel and five-shot, round back, cylinder, case-hardened frame and hammer and straight, one-piece, highly figured, varnished walnut grip. The cylinder is roll-engraved with the Colt centaur scene. The barrel has a German silver front sight blade and the top flat is marked: "-Patent Arms M'g Co Paterson N--J Colt's Pt-" with double arrows at either end of the address. The address reads from breech to bore. The full serial number "674" is visible on the breech end of the barrel below the cylinder pin hole, on the barrel wedge and on the breech end of the cylinder. The cylinder turning ring is numbered "74". The breech end of the spare cylinder is also numbered "674". All of the visible serial numbers match. The revolver case is varnished mahogany with a beveled lid inlaid with a escalloped German silver escutcheon. The case is lined with ribbed brown velvet and has a channel cut in the bottom to accommodate the powder and ball flask, a dowel to secure the spare cylinder and metal clamps and pins to retain the accessories. The case is complete with: (1) spare five-shot cylinder serial numbered to the revolver, (2) single cavity bullet mold with three turned wooden handles, (3) distinctive, unmarked, Paterson combination tool, (4) brass cleaning rod with turned walnut handle, (5) brass Colt capper with embossed lid, (6) ball and powder flask numbered "53" and (6) key.

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Condition: Excellent. This outstanding revolver has nearly 90% of the original blue and case hardened finish intact. The barrel has most of the blue finish present; wear is limited to some very minor pitting on the left barrel flat and some finish loss on the edges of the barrel. The cylinder has 100% of the roll-engraved centaur scene intact with some finish loss on the cylinder shoulders. The breech and percussion nipples have minimal flash pitting. Most of the blue wear is concentrated on the flash shields which retain about 50% of the original finish. The frame and hammer have generous amounts of the original case colors. The grips straps have faded to a mottled, silver-gray patina. The highly figured grips have been re-varnished. Wear is limited to some minor handling marks and three small notches cut in the heel on each side of the grip. The spare cylinder has at least 90% of the original blue finish intact and the roll-engraved centaur scene is sharp. The bullet mold is in very fine to excellent condition with most of the case colors present on the mold and most of the lacquer finish intact on the turned wooden handles. The combination tool is in good condition with traces of niter blue finish visible on the screw-driver blade. The cleaning rod is in fine condition with minor handling wear. The brass capper has an attractive patina and considerable amounts of niter blue remain on the springs and latches. The embossed Colt markings on the capper lid are crisp. The elaborate copper ball and powder flask is in very good condition. The Colt/Paterson markings on the center band and the cast floral decorations on the brass top and bottom of the flask are crisp. The brass, top, center band and bottom have a mellow patina and the copper body has an attractive patina. The key functions the case lock properly. The mahogany case exterior is in excellent condition with a few minor scratches and minor storage wear. The brown, ribbed, velvet case lining is in very fine condition for 170 year old fabric. Lining wear consists almost exclusively of oil stains and compression marks from extended contact with the revolver and accessories. There are two minor tears in the fabric at the cut-out for the powder flask. The compression marks are not apparent when the revolver and accessories are in place. Colt Paterson Revolvers are rare and historic firearms; this cased No. 2 Belt Pistol is an outstanding example of one of the most desirable and iconic of all Colt (if not all American) firearms.

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