Image Lot Price Description










2288
$120,750.00

VERY RARE CASED COLT NO. 2 BELT MODEL PATERSON PERCUSSION REVOLVER. SN 185. Cal. 36. Rare little Paterson with 4-1/2″ oct bbl, tiny German silver front sight & bbl markings “Patent Arms M’g Co Paterson N-J Colt’s Pt” with dbl arrowhead markings at each end. It has a flared bbl lug with two matching numbered square shoulder 5-shot cylinders that have the centaur motif scene including “COLT” within the 4-horsehead logo. It has usual folding trigger & 1-pc smooth walnut grip. Only about 850 of these rare little revolvers were made which numbers also include the No. 3 Model which is virtually identical but with flared bottom grip. The serial number was observed on back face of bbl lug, on wedge, on rear face of both cylinders, on left side of trigger, on cylinder plate in trigger slot & on bottom right edge of grip. No further disassembly was affected to check for additional matching numbered parts. Accompanied by an orig No. 2 Colt walnut casing with fluted lid & a scalloped corner rectangular silver plate in the lid. Interior is lined with ribbed brown velvet with recesses in bottom for revolver, an orig No. 2 sized Paterson charger bearing serial number “54”, an orig single cavity wood handled bullet mold, a wood handled brass cleaning rod & an orig Paterson charging tool with nipple pick in handle. Right rear corner has a dowel to hold the spare cylinder. Left front corner has wire clip for a capper which is missing making this a nearly complete set. Paterson revolver is one of the Holy Grails of Colt collecting & are rarely every encountered. Cased examples are extremely rare. PROVENANCE: Tom Wibberly Collection. CONDITION: Very fine, all visible numbers are matching. Bbl retains 80-85% glossy factory blue with flaked, not worn areas a medium patina. Both cylinders retain about 50% orig centaur scenes with one cylinder retaining about 90% glossy factory blue & other about 75%. Frame & front strap retain 70-75% glossy factory blue with balance flaked to a light patina. Hammer retains about 90% factory blue. Back strap is a gray patina with traces of blue near top. Grip is sound with a few small gouges on left side & light handling & use marks elsewhere and retains most of its fine factory varnish. Mechanics are crisp, bright shiny bore. This finish, is an early factory restoration. Case is sound with some old varnish wiped on lid. Interior is moderately soiled showing wear from various parts. Accessories are all very fine with charger complete & orig and retains a dark mustard patina. A fine set suitable for anyone’s collection. 4-87596 (125,000-175,000)


Auction: Firearms - Fall 2009
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.