Image Lot Price Description



3140
$8,337.50

SCARCE COLT BURGESS LEVER ACTION SADDLE RING CARBINE.

SN 5115. Cal. 44 WCF (44-40). Scarce carbine with 20″ rnd bbl, full magazine, barleycorn front sight and orig reverse mounted carbine ladder rear sight. Left side of receiver has a staple & ring and the Rampant Colt roll marking. Mounted with unchecked American walnut with single bbl band and straight stock with smooth carbine buttplate with trap containing an orig Colt 4-pc brass & steel cleaning rod. According to Flayderman’s Guide to Antique American Firearms, there were 2,593 carbines of which 1,621 were standard carbines, and 972 produced as “baby” carbines with lightened frame & bbl. This carbine weighs 8 lbs, 1 oz. There was a total of 6,403 Burgess arms produced 1883-1885. There is considerable speculation as to why Colt stopped production after such a short period of time, when they had gone to such expense to tool up a production line. Theories abound as to the reasoning, but the most plausible is that Winchester, sensing severe competition to their Model 1873 line, approached Colt with the threat that they would begin production of handguns, which they had already designed and built prototypes. Apparently Colt acquiesced and ceased production, and Winchester shelved their handgun line. Accompanied by a copy of Mr. Yearout’s Collection inventory card which shows he purchased this carbine in Jun. 1961 from Mr. Tim Hinkle of Daly City, CA. Also accompanied by a copy of a letter from Mr. Hinkle wherein he states that it (this carbine) was in the bank guards’ arsenal in the Central Trust Co. of Cincinnati, OH. A note from Mr. Yearout states that Mr. Hinkle had obtained this carbine from a Butte, MT bank and that it had previously come from Cincinnati as noted above. PROVENANCE: Estate Collection of Lewis & Leyton Yearout. CONDITION: Fine. Bbl & magazine tube retain most of their orig factory brown finish with some wear spots near the muzzle ends; receiver retains traces of blue in the most sheltered areas being mostly a blue/brown patina. Stock & forearm have nicks & scratches, a gouge in the forearm with a couple of small slivers missing by the top tang at the receiver, otherwise wood is sound, even the forearm over the loading gate spring area. Mechanics are fine; bright shiny bore. Cleaning rod is extremely fine. Carbine shows very little use. 4-53911 JR54 (5,000-7,000) – Lot 3140

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Auction: Firearms - Fall 2014
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.