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January 15, 2015, 07:44 PM | #1 |
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Need help in evaluating the Value of 2 Colts
These were passed down through the families over the years from my grandfather who had a large Gun Collection. I had them appraised about 15 years ago and was wondering what the estimated value might be today!
The first one #1) Colt Frontier Six Shooter (44 caliber) with extension Numbers found 1.19.1871 Jan 19.75 Bottom of handle: 204 635 Bottom in front of trigger guard: 204635 The second one #2) Colt Rifle 44 Caliber PTFA Mfg. Co. Hartford CT USA May 29, 1988 Sept 18, 1888 Bottom #2659 Trying to get some pics loaded. Thanks again |
January 15, 2015, 07:45 PM | #2 |
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pics
Thanks for any help!
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January 15, 2015, 07:46 PM | #3 |
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pics
Additional Pics
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January 15, 2015, 07:48 PM | #4 |
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pics
Pics
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January 15, 2015, 07:49 PM | #5 |
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pics
Thanks again for any help!
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January 15, 2015, 08:21 PM | #6 |
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I am not sure of the legal status of the shoulder stocked SAA, since it is not an antique. If it is registered as an SBR or exempt from the NFA under a BATFE ruling, the package could be pretty valuable. But....
Better pictures would help to evaluate the guns, but both of them appear to have been heavily polished and refinished, effectively destroying any collector value. Some parts appear to have been gold plated, something I can be pretty certain was not done by the factory. In effect, whoever spent time or money to have those guns "enhanced" actually ruined them and decreased the value to a nominal sum. Jim |
January 15, 2015, 08:58 PM | #7 | ||
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Could you have misread the numbers?
Quote:
Quote:
Couldn't that single action be a commemorative, not a re-work? Last edited by dahermit; January 16, 2015 at 06:27 AM. |
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January 16, 2015, 11:12 AM | #8 |
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No. Those are abbreviated patent dates for the 19th century.
The SAA was made about 1901 and is legally a "modern" firearm. It is old enough to be a "curio or relic" but I don't know what that means for the shoulder stock. I would store them separately until I had some hard information. The Lightning pump was made in 1884, the first year. They have been dressed up with aftermarket plating which greatly depresses their collector interest and resale value. If you have a pleasing "appraisal" on file, best stick to it. |
January 16, 2015, 12:54 PM | #9 |
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Appraisal
First thanks for your comments. I do have an older appraisal about 10 years old which valued the guns at that time around $30,000.00. Thanks again
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January 16, 2015, 01:56 PM | #10 | |
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Quote:
It's possible that this combination has been exempted by some other ATF ruling, but I can't find any reference to such a ruling in a 5min online search. Colt 44-40, unless and until you can find some documentation exempting this combination, IMHO Jim gives sage advice regarding storing them separately. Also, you may ignore all of this if you're in a country other than the USA. Without going into too much technical detail, the U.S. National Firearms Act (NFA) requires registration and transfer taxes for shoulder-stocked handguns that aren't specifically exempted from this requirement by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).
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January 16, 2015, 02:22 PM | #11 |
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I would show the BATF the guns (stock and SAA separately) and that $30,000 appraisal and ask for an individual classification as C&R. Note that there are a lot of guns listed individually already and they did not get there by themselves.
Do you have Colt Archive Letters for the guns? If they letter as they look, they are worth a lot. |
January 16, 2015, 03:00 PM | #12 |
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Re: the shoulder stock...
I am FAR from an expert on Colt SAA's. That said, the shoulder stock appears superficially similar to the original Buntline Special shoulder stock in the following auction listing:
http://www.rockislandauction.com/vie...id/56/lid/3228 Please note, however:
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January 17, 2015, 11:29 PM | #13 |
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Legal questions aside, my recommendation would be that if anyone offers you $30,000 for those guns, take it and run, do not walk, to the nearest bank. Unless there is something not known to us (like proven ownership by Jesse James) IMHO they are not worth anywhere near that in their current conditions.
Jim |
January 18, 2015, 09:19 AM | #14 | |
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Quote:
I agree. 30k! Why? |
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