Rock Island Auction Company

Lot 2147: Cased Colt Paterson Percussion Revolver

Auction Date: June 23, 2022

Cased Colt No. 5 Squareback "Texas" Paterson Percussion Revolver with Accessories

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Estimated Price: $15,000 - $25,000

Cased Colt No. 5 Squareback "Texas" Paterson Percussion Revolver with Accessories

Manufacturer: Colt
Model: Paterson
Type: Revolver
Gauge: 36
Barrel: 9 inch octagon
Finish: blue
Grip: walnut
Stock:
Item Views: 215
Serial Number:
Class: Antique
Rating:

OF - FAIR- some major parts replaced; minor replacement parts may be required; metal rusted, may be lightly pitted all over, vigorously cleaned; rounded edges of metal and wood; principal lettering, numerals and design on metal partly obliterated; wood scratched, bruised, cracked or repaired where broken; in fair working order or can be easily repaired and placed in working order.

PRF - PROFESSIONALLY REFINISHED OR RESTORED

WB - WOOD IS BETTER FOR THE PERCENT OF FINISH RATING GIVEN

Description:

The No. 5 Holster Model revolvers were the largest of Colt's Paterson handguns and achieved fame as a result of their use by Captain Jack Hays and other Texas Rangers on the frontier. This led to Samuel Walker working with Samuel Colt to relaunch his firearms business starting with the famous Colt Model 1847 Walker used in the Mexican-American War and the establishment of Colt's Patent Fire Arms Manufacturing Co. and the famous Colt Armory where subsequent models were manufactured. This revolver comes in a custom case with a blank silver lid escutcheon, a second cylinder, loading tool, charge/powder flask, cleaning rod, key, and ball mold. "153" is marked on the back of the barrel lug, both cylinders (along with a "2" on the spare), the ratchet, the frame under the trigger, in the hammer well, left side of the front strap, right side of the back strap, and hand marked inside the rear mortise of the grip. An appraisal from Leon C. Jackson of Jackson Arms for Perry Johnson in 1984 is included describing the revolver as: "A Colt Paterson revolver, holster size, with 9" barrel, serial no. 153. The gun is basically genuine but has been very heavily re-worked and refinished. The backstrap has been welded and the grips may or may not be original. The gun is equipped with two cylinders, both numbered 153, on which the cylinder engraving is clear and distinct. The casing is modern and incorrect for a Paterson case. Of the accessories, the extra cylinder and the combination ball and powder charger appear to be genuine. The ball and powder charger is numbered 22. Other accessories - the cleaning rod, the combination loading tool the mould are replicas, the mould being the wrong size." We identified the ball and powder charger as also being a reproduction.

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