Spot on the mark, Fingers. The fellow I bought it from said that his father in law bought it many years ago at an auction in Montana. Said it hadn't worked for as long as he could remember. From the condition of the bore, I'd believe it. It's got 35 years worth of scuffs and such, but other than a lot of grime and some green on the brass (all easily cleaned up), it doesn't look all that bad!
By the way, this is the first C&B revolver that I've completely disassembled and I have to give credit to good old Col. Colt and his contemporaries for a pretty simple and elegant design! From gun to pile of parts and back to gun in less than an hour - and that was with time for cleaning!
Well we don't rent pigs and I figure it's better to say it right out front because a man that does like to rent pigs is... he's hard to stop - Gus McCrae