Only an estimated 2,700 Colt Second Model Dragoon revolvers were manufactured around 1850 and 1851 compared to 7,000 of the First Model Dragoons and 10,500 Third Model Dragoons. They are thus by far the scarcest of the primary Colt Dragoon revolvers that are the descendants of Colt's massive Model 1847 Walker revolver. They weigh around 4 pounds and thus were designed specifically for mounted use and to be carried in pommel holsters. The Second Model Dragoon revolver features are the combination of square-back trigger guard and rectangular cylinder stops. The U.S. contract Colt Dragoon revolvers were used primarily by the First and Second Dragoon Regiments and the U.S. Regiment of Mounted Riflemen from 1849 until the Civil War, and many saw use by the Union and Confederate cavalry throughout the Civil War. The barrel has the one-line New York address, the frame is marked "COLTS/PATENT/US," the cylinder retains traces of the Texas Ranger and Indian fight scene, small letter inspector initials are found on the cylinder, trigger guard, back strap, bottom of the grip and loading lever, and cartouche on each side of the grip. The wedge is unnumbered. Matching serial numbers appear on the barrel, frame, trigger guard, back strap, arbor pin, cylinder, and loading lever. With a floral tooled period holster.

Very good displaying an "as found" appearance for a pre-Civil War U.S. sidearm that spent a lifetime in a hostile environment. The grip is very good with typical ding and scratches and high edge wear from decades of authentic use. The cartouches are legible. The replacement cylinder has been professionally renumbered to match revolver. Mechanically fine. The holster is very good with most of the stitching remaining. These U.S. Colt Second Model Dragoon revolvers are becoming difficult to find in any condition.