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Colt 1862 Police

Discussion in 'Blackpowder' started by Dudemeister, Dec 31, 2010.

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  1. Dudemeister

    Dudemeister Member

    Sep 5, 2010
    San Francisco
    While visiting my relatives during the holidays, I found and bought an unfired Colt 1862 Police revolver at a local gun shop. The gun is brand new, and comes with the original box, manual and Colt Black Powder mini catalog.

    The only thing I can find wrong with the gun is that the glossy surface on the right side grip is peeling off near the frame. In fact it looks like some kind of wax that you can simply rub off, but I'm not exactly sure what it is (wax, lacquer, etc). Does anyone know what that surface is, I plan on stripping it and refinishing the grips myself.

    The box is in good condition, but being black does show some wear around the edges. The manual, catalog and trigger warning tag are like new.

    I also have a question for those that know Colts inside and out. The serial number of this gun is 52000, and the manual and catalog have a 1978 copyright notice. What is the year of manufacture of this gun.

    I know that the parts for these guns were actually made Uberti, but that Colt did all the finishing and final assembly.

    Last but not least, should I keep this unfired, or should I shoot it? Does it have a collectable appeal and value, if so how much is it worth?

    BTW, I already have a 1862 replica (Palmetto) I bought from a user here, which I just finished re-blueing, that I do plan to shoot.
  2. dlon21

    dlon21 Member

    Jan 18, 2009
    The police is a neat little piece. Why would you not want to use a replica, no great value in them. It's the originals that should be preserved for the future, and even old guns are meant to be used.
  3. madcratebuilder

    madcratebuilder Member

    Jul 15, 2007
    Northern Orygun
    The 3rd gens have a clear coat over the grip frames, either German silver or brass. It can be removed with lacquer thinner.

    Most of the small parts were made here or Canada. Frame, barrel and grip frame are Uberti raw parts.

    3rd gens are not as collectible as the 2nd gens. If you keep all paper work and keep the revolver in good condition you shouldn't loose more than 25% or so if you shoot it, depending on what you paid of course.
  4. PRM

    PRM Member

    Apr 14, 2008
    Sounds like you have a 2nd Generation gun (1978 literature and black box with it). If it is a 2nd Generation, the backstrap will be plain - 3rd Generation Signature Series had Sam Colt in script letters on the backstrap. They are all great guns. I have 4 of the 2nd Generation Colts, one of which is a Pocket Police. Had mine for over 25 years now ~ a couple of years back I had some elephant ivory grips made for it. Its a great little shooter.

    As far as shooting yours. They are still easy to find on the internet and usually bring between $500 - $650 tops. I would shoot and enjoy it.

    Uberti parts from VTI will work in your gun.

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  5. Fingers McGee

    Fingers McGee Member

    Apr 5, 2009
    High and dry at Lake of the Ozarks, MO
    It's definitely a 2nd Gen. Serial numbers of Signature Series Pocket models started above 58850 (which is where the 2nd Gen Pocket Navies ended).

    By all means, shoot it and enjoy it. I have a pair of '51 Navis and '61 Navies that I shoot.

  6. Trad Archer

    Trad Archer Member

    Dec 5, 2010
    I shoot all of my Colts. Just clean god when done, still look new.
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