- Greg / Gun Collector
This gun shipped to St. Joseph, MO on Jan. 2, 1931:The Colt Peacemaker pictured here is a "First Generation" gun chambered in .45 caliber. I paid $3,600 and sold it for $2,000 with re-finish disclosure (2006). Gun Collecting: All original, good condition first generation Single Action Armys, (those produced between 1873 and 1941), are among the most valuable to the collector. These guns are distinguished by the serial numbers below 375000 and with no letters.
After this gun arrived I checked the serial numbers and immediately picked up the telephone to call the Office of the Historian, Colt Archive Properties, LLC in Hartford, Connecticut to order a letter of authentication. The letter I had ordered for my Colt Python had taken a full 125 days (4 months) to arrive. To my surprise, the very nice lady on the phone, after taking my credit card information, asked "would you like to hold just a moment while I check that serial number?" I said, "sure", thinking when she returned she was just going to tell me that it was a valid serial number.
When the lady came back on the phone in less than a minute, she gave me all of the pertinent information that is contained in their letters of authentication. I was astonished! I ask her how that was possible. She said that Colt's Single Action Army records are more readily accessible than the records for the Python.