One of the Finest!

dickydalton

dickydalton

Member
Joined
Oct 6, 2012
Messages
2,320
Location
New Mexico
At least that's what Mike, The Goon says!
It's my Second Gen Colt 1861 that didn't have a short arbor to begin with!
Sun angle is gone so sorry for the crappy picture. It and it's big brother will go out tomorrow! Both holsters are from Graveyard Jack.
 

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Last edited:
hawg said:
It's not an original first gen. It's a second gen made between 1971-1982 with Italian parts, fit and finish was done by Colt. They are considered to be real Colt's unlike the third gens.
Click to expand...
wonder what a Gen 1 Colt would sell for!
 
hawg said:
I haven't kept up with the prices so I may be off base but a shooter grade should run around 1500-2000. Remingtons are a lot cheaper.
Click to expand...
I thought they would be more expensive!

seen a Walker go for 1 million + dollars
 
Numbers and name. There were only 1100 Walkers made and if they weren't made by Colt they wouldn't cost so much. There were 200,500 1860's made. A shooter grade Remington can probably still be had for less than 1000.
 
Mark_Mark said:
what does a pair goes for if it was up for auction today?
Click to expand...
Price on antiques is not only determined by make and model!
Condition, provenance, military/wartime use and manufacture date are all big pluses or minuses.
Then you have the number of folks with the money and the desire to buy what you are selling at the moment you offer it.
The only way to determine a value is at auction for a specific item.
Google "Original 1861 Colt revolver" and you will get current and past auction sales hits.
Current auctions usually list an expected range of prices.
Some auction houses require you to register to get the final bid amount as well as the buyer's premium on a specific item from a past auction.
You can go to "Advanced Search" on GB and select "Completed Auctions" to see what they sold for during the RECENT past.
Note that items that did not sell because they were over priced are also going to come up in that search.
The only ones that are true representations of their value are the ones for items that sold.
And then that value is only representative of that item on that moment in time and at that place!
Happy Googling!
 
Ephraim Kibbey said:
Price on antiques is not only determined by make and model!
Condition, provenance, military/wartime use and manufacture date are all big pluses or minuses.
Then you have the number of folks with the money and the desire to buy what you are selling at the moment you offer it.
The only way to determine a value is at auction for a specific item.
Google "Original 1861 Colt revolver" and you will get current and past auction sales hits.
Current auctions usually list an expected range of prices.
Some auction houses require you to register to get the final bid amount as well as the buyer's premium on a specific item from a past auction.
You can go to "Advanced Search" on GB and select "Completed Auctions" to see what they sold for during the RECENT past.
Note that items that did not sell because they were over priced are also going to come up in that search.
The only ones that are true representations of their value are the ones for items that sold.
And then that value is only representative of that item on that moment in time and at that place!
Happy Googling!
Click to expand...
like a art sale, worth what someones willing to pay
 
The 1st gen 1861 revolvers were basically a modernization of the 1851 Navy--still in 36 cal but with the M1860 Army type round barrel plus the "walking" rack & pinion style loading lever. There were only about 38k produced so they are fairly rare compared to the M1851 Navies and M1860 Armies. Some people think they were the most attractive of all the open tops. They were also prime candidates for aftermarket cartridge conversions. Anyway, they tend to bring premiums.

For the 2nd gens, they've also sort of been overlooked and were pretty affordable for a while even though Colt only ran 3166 each back in the 1980/81 time frame.

I won this pair of NIB consecutively serial numbered 2nd gen 1861s about 4 years ago in a Morphy's auction for a single bid of $600 with a 24% or $144 Buyer's premium plus shipping. They were typically going for $650 to $750 for a NIB single at the time on Gunbroker. I already had one from when I was actively collecting the 2nd gens so I just put in a lowball bid thinking I would never win. Color me surprised when nobody placed a higher bid.

Even with the exorbitant premium, it was like getting two for the price of one.

OkmvvMO.jpg

Then I got lucky again when Bill Shumate of Billscases.com listed one of his historically authentic mahogany double cases made specifically for a pair of 1861 Navies on the Colt forum classified. A customer had canceled so Bill listed it at a reduced price. I had picked up extra Colt 2nd gen accessories over the years but they are pretty hard to find these days
nwhOKcj.jpg

Cheers
 
forward observer said:
The 1st gen 1861 revolvers were basically a modernization of the 1851 Navy--still in 36 cal but with the M1860 Army type round barrel plus the "walking" rack & pinion style loading lever. There were only about 38k produced so they are fairly rare compared to the M1851 Navies and M1860 Armies. Some people think they were the most attractive of all the open tops. They were also prime candidates for aftermarket cartridge conversions. Anyway, they tend to bring premiums.

For the 2nd gens, they've also sort of been overlooked and were pretty affordable for a while even though Colt only ran 3166 each back in the 1980/81 time frame.

I won this pair of NIB consecutively serial numbered 2nd gen 1861s about 4 years ago in a Morphy's auction for a single bid of $600 with a 24% or $144 Buyer's premium plus shipping. They were typically going for $650 to $750 for a NIB single at the time on Gunbroker. I already had one from when I was actively collecting the 2nd gens so I just put in a lowball bid thinking I would never win. Color me surprised when nobody placed a higher bid.

Even with the exorbitant premium, it was like getting two for the price of one.

View attachment 1126994

Then I got lucky again when Bill Shumate of Billscases.com listed one of his historically authentic mahogany double cases made specifically for a pair of 1861 Navies on the Colt forum classified. A customer had canceled so Bill listed it at a reduced price. I had picked up extra Colt 2nd gen accessories over the years but they are pretty hard to find these days
View attachment 1126995

Cheers
Click to expand...
are you ready to double your money!!!!
 
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