COLT FIRST MODEL OF 1848 SECOND CONTRACT DRAGOON REVOLVER.

SN 2150. Cal. 44 7-1/2″ bbl, blue and case color finish, walnut grips. In November 1847 Samuel Colt received a second contract from the U.S. government for 1000 revolvers with improvements to the Walker model. Bbls were shortened to 7-1/2″ and cyls were shortened by 1/2″. Backstraps were made of brass instead of iron. Deliveries of these revolvers to the military were 260 pistols in June 1848, 320 pistols in August 1848, 300 pistols in September 1848, and 120 pistols November 1848. Of the 1000 Dragoons ordered under the 2nd contract 998 were shipped from New York Ordnance depot to St. Louis Arsenal. These revolvers were issued to the 1st and 2nd regiment of the U.S. Mounted Rifles whose duty it was to protect 49ers on their way to California gold fields in the Rush of 1849. These revolvers saw very hard service and many were taken by soldiers who, upon reaching Oregon, deserted and headed south to the California gold fields. The survival rate of these pistols is very low. To date only 145 of these pistols have been located, which is a survival rate of about 15%. Most of these revolvers are in very poor condition. PROVENANCE: Derek Provah Collection; Robert Howard Collection; Tom Power Collection. Accompanying this gun is: 1) a copy of the “Texas Gun Collector” Fall 2007 issue containing a comprehensive article on Second Contract Dragoons featuring pistol number 2150; 2) a copy of the “American Society of Arms Collectors” bulletin #95 containing a comprehensive article on the subject by well known authority Dick Salzer; 3) a copy of “Historical Arms Series No. 37” from the Museum Restoration Service by Longfield & Basnett describing the details of these very rare revolvers, 4) also included is a copy of the auction listing from the Greg Martin Auction of April 2006 describing this gun, formally in the Derek Povah and Robert Howard collection. CONDITION: Very good. Revolver shows an overall medium gray uncleaned patinated finish. Some slight roughness on bbl and bbl lug. Bore is dark with strong rifling. Cyl shows 20% cyl scene with a clear SN and “Colt’s Patent” mark. Ormsby signature partially visible. Compressing ridge on cyl is visible. Single safety pin hole without pin at rear of cyl. Frame is smooth, silver gray finish with striations present on right side of frame and recoil shield. Brass trigger guard and backstrap show a mustard patina. Both are of the Walker Pattern. Bbl address is legible and complete. “Colt’s Patent” over “U.S.” in middle of frame on the left side. Grips are very good with visible cartouches on both sides and small chips at the toe missing on each grip. All SNs, including frame, backstrap, trigger guard, arbor, cyl, wedge, grips and bbl, are matching. Bbl and loading lever have assembly number “40”. A “P” proof for Nahum Patch is present on the bbl, rammer, cyl, frame, hammer, trigger guard and backstrap. Grips show a “WAT” proof on right side and an “NWP” proof on the left side. Number 2150 is in very good orig condition with all orig parts present. This revolver has a lower production number than the Walker revolver, and the only Colt percussion Dragoon that has less production is the Whitneyville-Hartford Dragoon. This is an opportunity to purchase a very rare Colt Dragoon revolver. 49514-1 TEP C&R (25,000-35,000) – Lot 3129

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Auction: Firearms - October 2015

Please Note: All prices include the hammer price plus the buyer’s premium, which is paid by the buyer as part of the purchase price. The prices noted here after the auction are considered unofficial and do not become official until after the 46th day.

Image	Lot	Price	Description
	3129	$0.00	COLT FIRST MODEL OF 1848 SECOND CONTRACT DRAGOON REVOLVER. SN 2150. Cal. 44 7-1/2″ bbl, blue and case color finish, walnut grips. In November 1847 Samuel Colt received a second contract from the U.S. government for 1000 revolvers with improvements to the Walker model. Bbls were shortened to 7-1/2″ and cyls were shortened by 1/2″. Backstraps were made of brass instead of iron. Deliveries of these revolvers to the military were 260 pistols in June 1848, 320 pistols in August 1848, 300 pistols in September 1848, and 120 pistols November 1848. Of the 1000 Dragoons ordered under the 2nd contract 998 were shipped from New York Ordnance depot to St. Louis Arsenal. These revolvers were issued to the 1st and 2nd regiment of the U.S. Mounted Rifles whose duty it was to protect 49ers on their way to California gold fields in the Rush of 1849. These revolvers saw very hard service and many were taken by soldiers who, upon reaching Oregon, deserted and headed south to the California gold fields. The survival rate of these pistols is very low. To date only 145 of these pistols have been located, which is a survival rate of about 15%. Most of these revolvers are in very poor condition. PROVENANCE: Derek Provah Collection; Robert Howard Collection; Tom Power Collection. Accompanying this gun is: 1) a copy of the “Texas Gun Collector” Fall 2007 issue containing a comprehensive article on Second Contract Dragoons featuring pistol number 2150; 2) a copy of the “American Society of Arms Collectors” bulletin #95 containing a comprehensive article on the subject by well known authority Dick Salzer; 3) a copy of “Historical Arms Series No. 37” from the Museum Restoration Service by Longfield & Basnett describing the details of these very rare revolvers, 4) also included is a copy of the auction listing from the Greg Martin Auction of April 2006 describing this gun, formally in the Derek Povah and Robert Howard collection. CONDITION: Very good. Revolver shows an overall medium gray uncleaned patinated finish. Some slight roughness on bbl and bbl lug. Bore is dark with strong rifling. Cyl shows 20% cyl scene with a clear SN and “Colt’s Patent” mark. Ormsby signature partially visible. Compressing ridge on cyl is visible. Single safety pin hole without pin at rear of cyl. Frame is smooth, silver gray finish with striations present on right side of frame and recoil shield. Brass trigger guard and backstrap show a mustard patina. Both are of the Walker Pattern. Bbl address is legible and complete. “Colt’s Patent” over “U.S.” in middle of frame on the left side. Grips are very good with visible cartouches on both sides and small chips at the toe missing on each grip. All SNs, including frame, backstrap, trigger guard, arbor, cyl, wedge, grips and bbl, are matching. Bbl and loading lever have assembly number “40”. A “P” proof for Nahum Patch is present on the bbl, rammer, cyl, frame, hammer, trigger guard and backstrap. Grips show a “WAT” proof on right side and an “NWP” proof on the left side. Number 2150 is in very good orig condition with all orig parts present. This revolver has a lower production number than the Walker revolver, and the only Colt percussion Dragoon that has less production is the Whitneyville-Hartford Dragoon. This is an opportunity to purchase a very rare Colt Dragoon revolver. 49514-1 TEP C&R (25,000-35,000) – Lot 3129 Click here to view provenance Auction: Firearms - October 2015 Please Note: All prices include the hammer price plus the buyer’s premium, which is paid by the buyer as part of the purchase price. The prices noted here after the auction are considered unofficial and do not become official until after the 46th day.

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COLT FIRST MODEL OF 1848 SECOND CONTRACT DRAGOON REVOLVER.