CASED COLT PATERSON BELT MODEL NO. 3 REVOLVER.

Revised: 2/20/2007

CASED COLT PATERSON BELT MODEL NO. 3 REVOLVER. Cal. 34. SN 170. Spectacular, fresh to the market Paterson with 4-1/2” oct bbl with flared lug, tiny blade front sight with usual markings on top flat with double scalloped bbl lug bottom without rammer. It has two matching numbered 5-shot cylinders with Centaur scene with Colt’s four horse head logo. It has burl walnut, 1-pc highly figured, walnut grip with flared butt. Serial number was observed on inside of bbl lug, back of both cylinders, on trigger, on cyl rotating ring and bottom left edge of grip. Further disassembly was not undertaken to check other small parts. Accompanied by an orig Colt casing for this pistol with fluted panel lid and dark brown velvet lining with recesses in bottom for revolver & its orig charger. Right rear corner has a dowel peg for the spare cyl. It has wire clips for its single cavity ball mold with three walnut handles with incised line decoration, an orig detached rammer that has a screwdriver tip and when the ball is unscrewed exposes a nipple pick & 4-point nipple wrench, a turned, walnut handle brass cleaning rod and its orig capper, serial number “198”. The charger is gold washed and still has two balls in two of the chambers of the wooden magazine. Center band has the usual Patent Arms inscription. No numbers were observed anywhere on the charger. Unfortunately, one of hinges on lid of the case is broken. Only 850 of the No.2 & No. 3 Patersons were ever built in period 1838-1840, so no accurate count is available on the exact numbers produced of each model, as serial numbers were intermixed. Patersons, as we all know, are the extreme rarities in Colt collecting and are seldom ever encountered with very much condition. This set is not only complete but has great condition. Ex-Hable Collection, Ex-Anderson Collection and Ex-Bob Barryman Collection. It is also illustrated in full color on p. 12 of Colt: An American Legend, Wilson, complete with case & all accessories as found today. CONDITION: Very fine to extremely fine, all matching except wedge which is unnumbered but appears orig to this revolver. Bbl retains 95-97% glossy orig blue with some minor pinpoint flaking and slight thinning on right side of bbl lug around wedge slot. Cylinders each retain about 95% glossy orig blue with some slight battering on faces. Rear edge of one shows some rotation wear and may have been fired. The other shows little or no rotation wear on rear edge and is probably unfired. Base plate and recoil shields retain about 90% glossy orig blue with some flaking on recoil shields. Frame & grip frame are a smooth gray patina. Grip shows a very few, very minor nicks, otherwise retains virtually all of its orig varnish. The case, with its broken hinge, is otherwise sound. Lid has numerous nicks & scratches in varnish but no wood damage and overall retains 80-85% strong, bright, orig varnish. Interior is very lightly faded with impressions of cyl and various pieces in lid. Bottom shows wear from revolver and various pieces with some slight soil and very light fading. Bullet mold & rammer retain most of their orig finish, slightly thin on rammer. Cleaning rod has a couple of small chips on fine edge. Cap tool retains about 15-20% orig gilding on lid and around screw on back, with all of gilding inside, balance is a dark brass patina. Charger retains about 80% orig gilding with a small hole in powder ring and is completely functional. Bright shiny bore with one small area of rust near forcing cone end. Hammer tends to catch when released from full cock, probably a burr inside, otherwise mechanics are crisp. 4-30292 JR93 (125,000-175,000)

Auction: Firearms - Spring 2007

Please Note: All prices include the hammer price plus the buyer’s premium, which is paid by the buyer as part of the purchase price. The prices noted here after the auction are considered unofficial and do not become official until after the 46th day.

Image	Lot	Price	Description
	154	$379,500.00	Revised: 2/20/2007 CASED COLT PATERSON BELT MODEL NO. 3 REVOLVER. Cal. 34. SN 170. Spectacular, fresh to the market Paterson with 4-1/2” oct bbl with flared lug, tiny blade front sight with usual markings on top flat with double scalloped bbl lug bottom without rammer. It has two matching numbered 5-shot cylinders with Centaur scene with Colt’s four horse head logo. It has burl walnut, 1-pc highly figured, walnut grip with flared butt. Serial number was observed on inside of bbl lug, back of both cylinders, on trigger, on cyl rotating ring and bottom left edge of grip. Further disassembly was not undertaken to check other small parts. Accompanied by an orig Colt casing for this pistol with fluted panel lid and dark brown velvet lining with recesses in bottom for revolver & its orig charger. Right rear corner has a dowel peg for the spare cyl. It has wire clips for its single cavity ball mold with three walnut handles with incised line decoration, an orig detached rammer that has a screwdriver tip and when the ball is unscrewed exposes a nipple pick & 4-point nipple wrench, a turned, walnut handle brass cleaning rod and its orig capper, serial number “198”. The charger is gold washed and still has two balls in two of the chambers of the wooden magazine. Center band has the usual Patent Arms inscription. No numbers were observed anywhere on the charger. Unfortunately, one of hinges on lid of the case is broken. Only 850 of the No.2 & No. 3 Patersons were ever built in period 1838-1840, so no accurate count is available on the exact numbers produced of each model, as serial numbers were intermixed. Patersons, as we all know, are the extreme rarities in Colt collecting and are seldom ever encountered with very much condition. This set is not only complete but has great condition. Ex-Hable Collection, Ex-Anderson Collection and Ex-Bob Barryman Collection. It is also illustrated in full color on p. 12 of Colt: An American Legend, Wilson, complete with case & all accessories as found today. CONDITION: Very fine to extremely fine, all matching except wedge which is unnumbered but appears orig to this revolver. Bbl retains 95-97% glossy orig blue with some minor pinpoint flaking and slight thinning on right side of bbl lug around wedge slot. Cylinders each retain about 95% glossy orig blue with some slight battering on faces. Rear edge of one shows some rotation wear and may have been fired. The other shows little or no rotation wear on rear edge and is probably unfired. Base plate and recoil shields retain about 90% glossy orig blue with some flaking on recoil shields. Frame & grip frame are a smooth gray patina. Grip shows a very few, very minor nicks, otherwise retains virtually all of its orig varnish. The case, with its broken hinge, is otherwise sound. Lid has numerous nicks & scratches in varnish but no wood damage and overall retains 80-85% strong, bright, orig varnish. Interior is very lightly faded with impressions of cyl and various pieces in lid. Bottom shows wear from revolver and various pieces with some slight soil and very light fading. Bullet mold & rammer retain most of their orig finish, slightly thin on rammer. Cleaning rod has a couple of small chips on fine edge. Cap tool retains about 15-20% orig gilding on lid and around screw on back, with all of gilding inside, balance is a dark brass patina. Charger retains about 80% orig gilding with a small hole in powder ring and is completely functional. Bright shiny bore with one small area of rust near forcing cone end. Hammer tends to catch when released from full cock, probably a burr inside, otherwise mechanics are crisp. 4-30292 JR93 (125,000-175,000) Auction: Firearms - Spring 2007 Please Note: All prices include the hammer price plus the buyer’s premium, which is paid by the buyer as part of the purchase price. The prices noted here after the auction are considered unofficial and do not become official until after the 46th day.

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