Where are the 2nd/3rd generation collectors?

soetekouw · February 19, 2014, 05:41 AM

About 3-4 years ago, there was quite a bit of thread traffic concerning collecting (or finding) the Colt 2nd/3rd generation blackpowder revolvers of the 1971s-2002s. This has died down a bit, and folks are doing mostly BP shooting here. Anyone still collect here, or have they all moved to the Colt Forum and the shooters remained here? Hmmmm. Maybe that is why they call this site "The Firing Line."

Rob

Doc Hoy · February 19, 2014, 06:00 AM

I am not a collector.

Bishop Creek · February 19, 2014, 09:37 AM

I have a 2nd gen 1862 Colt .36 Police and a 3rd Gen 1860 Colt Army .44. I shoot both of them.

Fingers McGee · February 19, 2014, 12:31 PM

I am a 2nd Gen collector and have a couple that I shoot. The bulk of my collection is NIB. BTW, 2nd Gens were made from 1971 to 1982. Signature Series (aka 3rd Gens) were made from 1996 to 2002. There isn't as much collector traffic on the BP websites as there used to be.

maillemaker · February 19, 2014, 01:52 PM

The darn things are expensive. Yeah, I get that they are "real Colts" and all that but you can buy two Piettas for one Colt.

Steve

DoubleDeuce 1 · February 19, 2014, 02:48 PM

I have a few. I shoot some and keep some pristine.

prm · February 19, 2014, 07:14 PM

I collect them, I shoot them...

1851 Navies a pair
1862 Pocket Police
1862 Pocket Navy
Paterson

swathdiver · February 20, 2014, 04:12 AM

I collect, one nice shooting Colt is worth 10 Piettas and I like Piettas!

prm · February 20, 2014, 08:34 AM

deleted

Gaucho Gringo · February 20, 2014, 08:25 PM

The collector market for anything has tanked. Collector cars are bringing a lot less than they were 10 years ago except for a few exotic examples. Same is now happening in the gun world. The younger generation as a whole is not into guns or cars. There are exceptions but as a general trend it is true. CNN had a good article on the collector car market downturn in prices and the causes. The original Colt Patterson's and Walkers are going to hold and increase in value over the next 100 years. Probably not so for 2nd and 3rd generation Colts and especially true for the replicas out there. Now would be a good time to cash in if it's the money your interested in.

B.L.E. · February 20, 2014, 10:24 PM

I have a 3rd generation Colt 1860 Army. I bought it to shoot, not to display or just own. I doubt it will ever be extremely valuable, at least not in my lifetime.

I used it at Brady Texas last year in the "as issue" revolver match shooting a 91, which ironically was better than the scores I shot with any of my fancy target pistols in the regular pistol match.

gunner5 · February 22, 2014, 06:52 PM

As Fingers McGee, I am a 2nd generation collector and my collection is NIB. Not including variations, the basic 2nd generation series has 2 'C' models and 11 'F' models. Therefore, I try to keep the size of my collection to around that basic number and try for exclusivity instead of quantity. But since some are pairs, or others may have some 'special' engravings, I am now at 18 guns. I think I'll stay firm at that number, and will cull out some to replace with others as I find them. Last year I was very fortunate to find a consecutive pair of Colt 2nd generation 1861 Navy Stainless Steel (F1310). Though this added to my set total, I could not pass these up because another like them will not come up for sale again during my lifetime (only two other people have one - and the whereabouts of the remaining three is unknown).

I agree with Gaucho Gringo's remarks - a lot of the BP collectors are grey haired folks and not a lot of youngsters are interested, but.....................I am not collecting these as an investment and my heirs can do with them as they want.

Rob

February 19, 2014, 05:41 AM	#1
soetekouw Junior Member Join Date: July 13, 2013 Posts: 2	Where are the 2nd/3rd generation collectors? About 3-4 years ago, there was quite a bit of thread traffic concerning collecting (or finding) the Colt 2nd/3rd generation blackpowder revolvers of the 1971s-2002s. This has died down a bit, and folks are doing mostly BP shooting here. Anyone still collect here, or have they all moved to the Colt Forum and the shooters remained here? Hmmmm. Maybe that is why they call this site "The Firing Line." Rob

February 19, 2014, 06:00 AM	#2
Doc Hoy Senior Member Join Date: October 24, 2008 Location: Naples, Fl Posts: 5,440	I have three but I am not a collector. __________________ Seek truth. Relax. Take a breath.

February 19, 2014, 12:31 PM	#4
Fingers McGee Senior Member Join Date: March 19, 2008 Location: High & Dry in Missouri Ozarks Posts: 2,113	I am a 2nd Gen collector and have a couple that I shoot. The bulk of my collection is NIB. BTW, 2nd Gens were made from 1971 to 1982. Signature Series (aka 3rd Gens) were made from 1996 to 2002. There isn't as much collector traffic on the BP websites as there used to be. __________________ Fingers (Show Me MO smoke) McGee - AKA Man of Many Colts - Alter ego of Diabolical Ken; SASS Regulator 28564-L-TG; Rangemaster and stage writer extraordinaire; Frontiersman, Pistoleer, NRA Endowment Life, NMLRA, SAF, CCRKBA, STORM 327, SV115; Charter member, Central Ozarks Western Shooters Cynic: A blackguard whose faulty vision see things as they are, not as they should be. Ambrose Bierce

February 20, 2014, 08:34 AM	#9
prm Senior Member Join Date: August 16, 2008 Posts: 102	deleted Last edited by prm; February 20, 2014 at 08:38 PM.

February 20, 2014, 08:25 PM	#10
Gaucho Gringo Senior Member Join Date: May 17, 2007 Location: Vancouver, WA Posts: 366	The collector market for anything has tanked. Collector cars are bringing a lot less than they were 10 years ago except for a few exotic examples. Same is now happening in the gun world. The younger generation as a whole is not into guns or cars. There are exceptions but as a general trend it is true. CNN had a good article on the collector car market downturn in prices and the causes. The original Colt Patterson's and Walkers are going to hold and increase in value over the next 100 years. Probably not so for 2nd and 3rd generation Colts and especially true for the replicas out there. Now would be a good time to cash in if it's the money your interested in. __________________ 357 Taurus Gaucho, 22 Heritage RR, 2-Pietta 1858 44 NMA Remingtons, Pietta, Euroarms & ASM 36 1851 Navies, 31 Uberti 1849, 12 ga H&R Topper, 16 Ga Western Field, 43 Spanish Remington Rolling Block, 44 ASM Colt Walker, High Point C9 9mm, Winchester 1906 22, Rossi 62 22 rifle, Uberti 1860, H&A & IJ 32 S&W BreakTop, 36 Euroarms 1858, 32 H&R 04, 22mag NAA SS BP revolver, .44 Rodgers & Spencer, IJ 38 S&W BreakTop, IJ 22 Sealed 8

February 19, 2014, 09:37 AM	#3
Bishop Creek Senior Member Join Date: March 20, 2011 Posts: 566	I have a 2nd gen 1862 Colt .36 Police and a 3rd Gen 1860 Colt Army .44. I shoot both of them.

February 19, 2014, 01:52 PM	#5
maillemaker Senior Member Join Date: August 30, 2010 Posts: 1,635	The darn things are expensive. Yeah, I get that they are "real Colts" and all that but you can buy two Piettas for one Colt. Steve

February 19, 2014, 02:48 PM	#6
DoubleDeuce 1 Senior Member Join Date: February 21, 2013 Posts: 101	I have a few. I shoot some and keep some pristine.

February 19, 2014, 07:14 PM	#7
prm Senior Member Join Date: August 16, 2008 Posts: 102	I collect them, I shoot them... 1851 Navies a pair 1862 Pocket Police 1862 Pocket Navy Paterson

February 20, 2014, 04:12 AM	#8
swathdiver Senior Member Join Date: December 19, 2012 Location: Treasure Coast, Florida Posts: 335	I collect, one nice shooting Colt is worth 10 Piettas and I like Piettas!

February 20, 2014, 10:24 PM	#11
B.L.E. Senior Member Join Date: December 20, 2008 Location: Somewhere on the Southern shore of Lake Travis, TX Posts: 2,603	I have a 3rd generation Colt 1860 Army. I bought it to shoot, not to display or just own. I doubt it will ever be extremely valuable, at least not in my lifetime. I used it at Brady Texas last year in the "as issue" revolver match shooting a 91, which ironically was better than the scores I shot with any of my fancy target pistols in the regular pistol match. __________________ Hanlon's Razor "Do not invoke conspiracy as explanation when ignorance and incompetence will suffice, as conspiracy implies intelligence and organization."

February 22, 2014, 06:52 PM	#12
gunner5 Junior Member Join Date: February 19, 2014 Posts: 3	As Fingers McGee, I am a 2nd generation collector and my collection is NIB. Not including variations, the basic 2nd generation series has 2 'C' models and 11 'F' models. Therefore, I try to keep the size of my collection to around that basic number and try for exclusivity instead of quantity. But since some are pairs, or others may have some 'special' engravings, I am now at 18 guns. I think I'll stay firm at that number, and will cull out some to replace with others as I find them. Last year I was very fortunate to find a consecutive pair of Colt 2nd generation 1861 Navy Stainless Steel (F1310). Though this added to my set total, I could not pass these up because another like them will not come up for sale again during my lifetime (only two other people have one - and the whereabouts of the remaining three is unknown). I agree with Gaucho Gringo's remarks - a lot of the BP collectors are grey haired folks and not a lot of youngsters are interested, but.....................I am not collecting these as an investment and my heirs can do with them as they want. Rob