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  • Auction Catalog #4093
  • Lot #1048
Lot #1047
Lot #1049

Lot 1048: Oil Hole U.S. Contract Smith & Wesson No. 3 American Revolver

Very Scarce and Desirable Documented "Oil Hole Variation" Cavalry Issued, U.S. Contract Smith & Wesson Model 3 American First Model Revolver with Factory Letter

Auction Location: Bedford, TX

Auction Date: December 7, 2024

Lot 1048: Oil Hole U.S. Contract Smith & Wesson No. 3 American Revolver

Very Scarce and Desirable Documented "Oil Hole Variation" Cavalry Issued, U.S. Contract Smith & Wesson Model 3 American First Model Revolver with Factory Letter

Auction Location: Bedford, TX

Auction Date: December 7, 2024

Estimated Price: $9,000 - $14,000
Price Realized:
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Very Scarce and Desirable Documented "Oil Hole Variation" Cavalry Issued, U.S. Contract Smith & Wesson Model 3 American First Model Revolver with Factory Letter

Manufacturer: Smith & Wesson
Model: 3 American
Type: Revolver
Gauge: 44 S&W American
Barrel: 8 inch solid rib
Finish: blue
Grip: walnut
Stock:
Item Views: 1349
Item Interest: Active
Serial Number:
Catalog Page: 55
Class: Antique
Bore Condition: The bore is partially dark and has distinct rifling and oxidation.
Description:

The S&W American Revolver was the first cartridge revolver adopted by the U.S. military and saw usage throughout the Indian Wars as it was reported to have been issued to the 2nd, 3rd, 4th, 5th, 6th, and 7th Cavalry. The revolver was part of a shipment of 1,000 units, 800 blue finish and 200 in nickel finish. Surviving examples of U.S. martial Model 3 Americans are scarce and highly desirable in any condition. The barrel rib is marked "+ SMITH & WESSON SPRINGFIELD MASS.U.S.A.PAT.JULY 10. 60. JAN. 17. FEB. 17. JULY 11. 65 & AUG. 24. 69 +" followed by a prominent "US". A small "A" ordnance sub-inspection mark is present on the left side of the frame under the cylinder and a "P" on rear of the recoil shield and forward the barrel hinge (both on the right side). The serial number is marked on the butt. Compounding the significance of this particular revolver is the rarely observed oil hole as found on the first 1,500 or so of this model, located on the rear of the extractor housing on the bottom of the barrel lug. This rare and desirable U.S. martial revolver is listed by its serial number "431" in the STANDARD CATALOG OF SMITH & WESSON by Jim Supica & Richard Nahas as a Model 3 that was purchased by the U.S. government and is further accompanied by a copy of a factory letter which also confirms its shipment to Springfield Armory, Massachusetts on March 16, 1897. Included with the revolver is a copy of a hand-signed letter from David Carrol, President of CPM Incorporated, which certifies the revolver as having been a 50-year piece in the inventory of Charles E. Duffy, noted Smith & Wesson collector. Provenance: The Charles E. Duffy Collection; Property of a Gentleman

Rating Definition:

Fine. The revolver exhibits traces of original finish all in sheltered areas with the balance now a mottled gray patina showing isolated patches of pin prick type pitting and typical wear from use. The grips are fine to very fine as replaced showing only casual surface blemishes. Mechanically excellent. Considering this revolvers age and its exposure to the harshest conditions imaginable on the frontier it remains a fine, highly desirable and likewise extremely rare U.S. Cavalry revolver.



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