Columbia is the capital city of the state of South Carolina. "Cola" is a common abbreviation for Columbia, so unless this is faked, the shotgun was once owned by the Columbia, SC police department (I don't know why anyone would fake it).
Looks like this came from the factory in "riot gun" configuration since the barrel is stamped with cylinder bore. I think those have a little more collector's value, although it appears that yours has perhaps been refinished and the wood replaced which would hurt its value to a collector.
Shoot it and enjoy it!
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