1862 colt

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.50cal

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how much do you guys and gals think a current production "colt"stamped 1862 police model is worth unfired in box? I found one in a local gun shop but 695.00 seems to much for a 'fancy stamped Uberti' ....
 
i know some of the guys on here can help you better. there was i believe a link on this. here is what i can recal by memory.

Up into the 1940's-1960's people were still shooting original civil war revolvers. Somewhere in the 50's some makers started making black powder revolvers. The first type to be made were just as crude as the originals. They just were not made that great. A lot of them were made in either spain or italy. Then Colt finally got smart in the late 60's when so many people kept on asking them to remake these guns. As so many other makers were making THERE COLT design guns and making money off of what colt designed.

So then colt started making black powder revolvers again. they even came out with tribute guns dedicating them to famous people or events. After a while though they just stopped making them. Rumor from what i heard other companies started making them for Colt. Eventually they just got of it. Now there have been a lot of changes in companies from the 50's till now. Some of the best makers are still Uberti and Pietta. They are exact replicas of the original colts. Except made with Modern hardened steel and using modern
techniques of todays industries. They will last a long long time.

Now back to what you have asked. If that revolver anywhere around it has Uberti. then it is not an original Colt. Its an Uberti. Take a look at the uberti web site. They make a fantastic line of revolvers. a lot of people here have them.
 
Scrat's got it right. If it has Uberti anywhere on it, it's worth less than half what their asking for it. I could know cause I've got two of them and I bought one from a friend and the other from Taylor's for about $300. and that was about two months ago. Tell em to pound salt.
 
The gun is colt, no uberti stamps on it. My info comes from a couple different people one is a collector the other is a 3rd generation gun smith. both say uberti has built the colt black powder line for many many years.
 
The 1862 is a sweet, sweet pistol, fersure !

But, as others have said, if it's made by Uberti - you can get them NIB for $275 - $300, and the newer ones will be quite nice. Many of the "older" ones were not as nice.

Cabela's carries them.

:cool:
 
If it's a 2nd Generation or Signature Series Colt, $600 - $700 isn't uncommon. If it's an Uberti, less than $300.
Check this out:

Colt´s Manufacturing Company, Inc. is the previous manufacturer of 2nd Generation Colt percussion revolvers located in Hartford, CT. Colt used subcontractors to supply rough castings for the manufacture of these black powder pistols. Throughout the production years 1971-1982, these rough castings were produced in Italy and the reproductions were completed in the United States. Initially, Val Forgett and Navy Arms provided these parts/components during 1971-73. Lou Imperato supplied these parts from 1974 to 1976. In both instances, these revolvers were assembled and finished in Colt´s facilities in Connecticut. Finally, from 1978 to 1982, Colt subcontracted both parts procurement and final production to Lou Imperato and Iver Johnson Arms in Middlesex, NJ. Colt percussion revolvers produced by Iver Johnson had frames, center pins, nipples, and screws manufactured in the United States. In all instances, these revolvers were manufactured in accordance with Colt´s strict specifications and quality control. Additionally, Colt´s performed final inspection for all models. All percussion models manufactured from 1971 through 1982, either by Colt or its subcontractor, are regarded as authentic Colt pistols and not Italian replicas.
The Colt Custom Shop also produced a limited number of special editions through the early 1990s from 2nd Generation production inventory.

The "C" Series 2nd gen.s

COLT´S MANUFACTURING COMPANY, INC. : "C" SERIES These Colt percussion revolvers were reintroduced in 1971 (1851 Navy) and 1974 (3rd Model Dragoon). Both models were discontinued in late 1976 (no reference is made to them in either the 1977 Colt Catalog or Colt Price List). The 1851 Navy and Third Model Dragoon were the only models to be produced in both the "C" Series and "F" Series configurations. While the fit and finish of both series is of the highest quality, the difference is unmistakable. The "C" Series has a beautiful bright "Royal Blue" finish while the "F" Series has a more durable dark "Colt Blue" finish. Another distinguishing feature is the serial number range (4201 to 25099 for the "C" Series 1851 Navy and 20901 to 25099 for the "C" Series Third Model Dragoon).

The "F" Series

COLT´S MANUFACTURING COMPANY, INC. : "F" SERIES Production of these revolvers began in November 1978 with the 1860 Army and continued with the release of the various models described below until all production ceased in November 1982. Special Edition and Limited Edition models continued to be issued from the Colt Custom Shop inventory through the mid-1990s. Rumors persist, even at this late date, that a few in-the-white specimens are still hidden away at Colt´s. "F" Series revolvers were produced with a durable dark "Colt Blue" finish while the "C" Series finish is a more lustrous "Royal Blue."


COLT BLACKPOWDER ARMS CO. Previous manufacturer and retailer of 3rd Generation Colt Black Powder pistols and muskets located in Brooklyn, NY 1994-2002.
All 3rd Generation Colt black powder models are also referred to as Signature Series Models.
A reprise of the original Colt Black powder line, along with historic models not offered in the 2nd Generation, and a new series of Commemoratives, each model (with the exception of the Heirloom Tiffany 1860 Army and 1842 Texas Paterson) bears the Sam Colt signature on the back strap. These 3rd Generation models were manufactured under an authorized licensing agreement with Colt Firearms by Colt Black powder Arms Company – the same company (and many of the same craftsmen) responsible for the 2nd Generation Colt revolvers. Although parts for the Signature Series were cast in Italy, they were fully assembled and hand finished in the United States using the proprietary Colt formulas for bluing and color case hardening.
Colt Black powder Arms Company Signature Series revolvers are regarded as authentic Colt pistols. The 3rd Generation models have original Colt markings, including the barrel address and serial number stampings. There are no foreign proof marks on these authentic Colt models.

Another rumor heard is that Colt started production of the C Series with the next in line s/n from the old 1851 Colt Navy
S/N's.....Not so. I believe where that rumor got started is when there were a few 5 digit Dragoons inadvertently made with in original Dragoon S/N range. These are "F" series.
 
I'm glad Pohill posted that info.

I agree that the modern Colts percussion pistols are not "just Uberti's with Colt stamping". The quality of the fit and the quality of the color case hardening is above anything I've seen from Uberti. Uberti may have made some of the raw parts, but Colt built the guns.

If you want a shooter, and the collectibility isnt important, then get a Uberti. If you appreciate the quality of the Colt fit and finish, like the Colt name on the barrel, and the value they will hold over time, then get a Colt.

I have both. I'd get another Colt if it were affordable to me at the time I was looking for one, but I like Ubertis just fine.
 
I think $695 is too much. In the past year I have purchased several Colt 2nd and 3rd Generation percussion revolvers on line, following is a description and price:
1. Ulysses S. Grant cased commemorative, unfired with wood case and all accesories: $550
2. Colt 2nd Generation 1860 Army stainless steel in box unfired with all tags and literature: $585
3. Colt 2nd generation 1862 Pocket Navy, used, no box but in excellent condition: $360
4. Colt 3rd generation 1849 Pocket .31 caliber used, no box, in excellent condition with holster, powder flask, & bag of balls: $352
5. Colt 2nd generation 1862 Pocket Police brand new for $200 but that was in 1980 (-:
The gun is worth whatever someone is willing to pay but I think $400 to $500 is what you can get one for if you look around a little.
 
From the Fifth Edition (2007) of the Blue Book of Modern Black Powder Arms, page 51, the 1862 Pocket Police 2nd Generation was only made in the 'F' Series and in limited/special edition sets. There were 3,756 made in 1980-81. The 'F' Series gun in 100% condition is worth $625; an 80% gun is worth $225. The limited/special edition guns, all with special finishes and engravings, go up to as much as $3500.

The BB is only a guide. Prices can and do vary considerably in both directions. As barneyrw said, the gun is worth whatever someone is willing to pay for it.
 
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