Rock Island Auction Company
Back to Catalog
Auction Date: December 5, 2014

Lot 3180: Colt - Paterson

Full Screen
Extremely Rare Factory Engraved Colt Paterson No. 2 Belt Model Revolver with Eight Inlaid Silver Bands
Estimated Price: $65,000 - $100,000
Item Views 156 Bid Activity Average
Serial #Colt - Paterson ManufacturerColt ModelPaterson
TypeRevolver Gauge34 Percussion Catalog Page78
Barrel5 1/2 Inch FinishBlue GripWalnut
Stock ClassAntique RatingSee Condition
DescriptionThis is an extraordinary example of an extremely rare factory engraved, Colt Paterson No. 2 Belt Model revolver with eight silver bands manufactured between 1837 and 1840. The revolver has a 5 1/2 inch, .34 caliber barrel and five-shot round back cylinder. The straight walnut grip has a flat butt. The barrel lug has a double curve. The top of the barrel is roll-stamped "- Patent Arms M'g Co Paterson N-J Colt's Pt.-" with arrows at either end of the legend. The legend reads from the breech to the muzzle. The serial number "506" is stamped on the front face of the barrel lug, the underside of the wedge, the breech end of the cylinder and on the cylinder turning ring. All of the visible serial numbers match. The cylinder is roll-stamped with the Colt centaur and horsemen scene. The hammer spur has heart-shaped knurling. The revolver is factory inlaid with eight silver bands (the most bands found on any Paterson revolver is ten) and has a scalloped German escutcheon inlaid on the back strap. The sides and bottom of the frame, recoil shields, hammer, back strap, and sides of the barrel lug are decorated with vine scroll-work on a plain background. An anchor is engraved on both sides of the barrel lug and a hound and sunburst are engraved on the underside of the frame behind the trigger. Engraved Colt Paterson revolvers are extremely rare. Colt Paterson expert R.L. Wilson stated in "THE PATERSON COLT BOOK" that only 5-7% of the approximately 2,850 Colt Paterson handguns were engraved. This revolver may be the only Colt Paterson decorated with the unique combination of eight inlaid silver bands, vine scroll-work and an anchor motif.

ConditionVery good. The revolver has a dark untouched patina with scattered pitting. The pitting on the cylinder partially obscures the roll-stamped centaur and horsemen scene. The engraving is clear and the Colt legend on the barrel remains legible. The anchor motifs on the sides of the barrel lug are sharp. The escutcheon plate appears to have been engraved but the inscription has been removed. The grips are in good overall condition with traces of the original varnish finish and scattered handling marks. The initials "J.S." were neatly period cut in the left side of the grip and have wear on top. The grip shows minimal shrinkage. Mechanically very good. All Paterson Colt revolvers are rare and highly desirable. Paterson Colts with inlaid silver bands or engraving are extremely rare. This revolver has a unique combination of multiple inlaid silver bands, scroll engraving and distinctive anchor motif which almost certainly indicates the revolver was intended by Samuel Colt as a presentation piece for an important patron.
Click here to see keyboard shortcuts.
F Enters/exits full screen view for items
Esc Exits full screen view for items
Moves to previous lot, or moves to previous image if full screen view is enabled
Moves to next lot, or moves to next image if full screen view is enabled
Fully zooms the image when full screen view is enabled
Fits the entire image to the screen when full screen view is enabled


Buyer’s Premium: 17.5%

Cash Payment Discount: 2.5%

Participation Requirements: Valid Credit Card required for bidding approval. You will have the option to pay with these payment options: Visa, MasterCard, Discover, Check, Money Order, Wire Transfer, and Cash.

Sales Tax: It varies each auction typically around 94% of auction items are not subject to sales tax. Read more here on sales tax.

We will contact you after the auction to arrange payment and shipping.


Premiere Auction Terms

Terms and conditions regarding Premiere Auctions. Revised : 08/29/2014


SHIPPING CHARGES. All shipping charges must be paid by the successful bidder prior to delivery of the firearm. If Rock Island Auction (RIAC) is asked to ship the purchased lots, there will be a separate charge for such shipping. Shipping charges will be based upon what it costs RIAC to ship the purchased lots to the purchaser. All items must have shipping insurance; this insurance is mandatory. RIAC will not charge any labor charges for shipping. RIAC is not liable for any acts of omissions in packaging or shipping. Purchased lots handled by outside carriers or packers, including those RIAC may have recommended, may carry their own insurance and any claims for losses or damages should be addressed directly to the outside carriers or packers. RIAC will arrange for packing and shipping at RIAC’s earliest possible convenience. RIAC will attempt to ship as soon as possible; however, due to RIAC’s high volume of absentee bids, shipping can take up to two weeks after full payment is received. In the case of crating or any exceptional packaging, the purchaser will be charged RIAC’s cost from outside agents. Purchaser pays shipping, packing materials, and insurance charges. The shipping of any purchased items outside of the United States is hereby classified as “foreign export”. All foreign export is the sole responsibility of the purchaser.