Image Lot Price Description

























1367
$483,000.00

ULTRA-RARE COLT WALKER PERCUSSION REVOLVER ONE OF THE FINEST IN PRIVATE HANDS. SN : E COMPANY NO 23. Cal. 44. This revolver, numbered “E COMPANY NO 23″, is from the most scarce company issue of all the Walkers having had only about 120 revolvers issued while the other four Companies had anywhere from 175 to 220 revolvers issued. Our Walker has standard 9” oct to rnd bbl with German silver front sight and New York City address reading from cylinder to muzzle. Left side of bbl lug has full serial number as does left side of frame and butt of backstrap. Right side of bbl lug has usual “US” over “1847” partially obscured by wedge screw. Abbreviated serial number “E COMY NO 23” appears in very tiny letters on cylinder and trigger guard. Number “23” was observed on wedge, on cylinder pivot pin, on left side of front strap under grip, on front edge of frame between frame pins and inside toe of grip itself. A small “90” or “06” was observed on a flat between nipples at back of cylinder. Cylinder has usual oval stops with “MODEL U.S.M.R. / COLT’S PATENT” markings and Ranger/Indian fight scene. Rammer & handle appear to be old replacements with a 3rd Model Dragoon style horizontal latch at end of handle and a dovetailed latch stud having been fitted to bottom of bbl. Rammer is quite unusual with a rebated area on both sides for about 1-1/2″ back of pivot. Rammer screw & pivot screw both enter from right side. Trigger screw and cylinder stop screw do not extend through frame. It has 1-pc walnut grip with outline of “NWP” oval cartouche on left side and outline of “WAT” cartouche on right side. There are small inspector initials on various parts including a “B” on left shoulder of trigger guard, top flat of bbl and on the cylinder. Accompanied by an equally rare tooled, black leather Slim Jim holster made specifically for a Walker revolver, probably this revolver. It is overall 14″ long on back side, made of 1-pc folded bridle leather with sewn back edge, contoured to fit a Walker revolver with an open toe. Front of holster is tooled in a stamped diamond pattern with beautiful ribbed pattern over cylinder & trigger guard areas. Back of holster has a sewn-on belt loop. This Walker was discovered in the 1940’s by the renowned & greatly respected late James E. Serven in the mother lode country of the 49’er miners in California. Apparently after a long negotiation he was able to trade the bar owner, where he found it, other handguns & cash and kept it in his own collection and pictured it on p. 54 of his book Colt Firearms, and with its orig holster on p. 89 of same book. A letter to Mr. L. Allan Caperton, dated May 2, 1968, is the cover letter for very detailed information on how he acquired this Walker. The orig of both letters accompanies this revolver. Also accompanying is an orig black & white photograph of Mr. Serven holding this Walker & holster, both of which are readily identifiable in the photograph. Additionally accompanying is an orig letter dated July 6, 1976, along with a bill of sale from Herb Glass wherein he states that this “is the best Walker in existence in the category of no finish Walkers.” He further states “There are four or five better – but only because they have varying amounts of original blue.” Walkers have always been considered the Holy Grail to a Colt collector and this particular one is most special because of its high condition and thus a tremendous opportunity of any serious collector attempting to put together a comprehensive collection of important Colt revolvers. PROVENANCE: James E. Serven Collection; L. Allan Caperton Collection; Herb Glass; Charles W. Fritz, Norwood, Ohio; pictured in various Colt books CONDITION: Very fine. This may be one of, if not the finest Walker revolvers extant for sale in recent history. It retains traces of orig finish in most sheltered areas, particularly at bbl transition and in beveled radius of bbl lug, otherwise all of its iron retains a smooth gray metal patina with some fine pitting on left side of the bbl. All legends & numbers are legible and in some cases fairly crisp. Hammer nose has moderate pitting. Cylinder is one of finest Walker cylinders extant with all legends & numbers clean & clear and overall retains very generous amounts of the Ranger/Indian fight scene. Trigger guard is a medium mustard patina with deep stamped numbers. Backstrap condition matches rest of revolver with somewhat thinned number on butt. Grip is sound showing moderate to heavy wear with chipped toes with outlines of cartouches on both sides and retains a hand worn patina. Rammer & handle, as noted, match condition of other steel. Mechanics are fine, strong bright bore with scattered light pitting. Holster is completely sound with some slight flexing on front edge and light wear around toe and overall retains most of its orig black finish. A truly remarkable revolver with an outstanding & rare civilian belt holster. 4-33312(375,000-475,000)


Auction: Firearms - Fall 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.