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Belt Model Paterson #3.

MODEL NO. 3 BELT PATERSON

revolver is similar to the Model #2 except that grips are curved or flared outward at the bottom to form a more hand-filling configuration. When cocked, the trigger dropped down automatically into firing position. It has a roll engraved centaur motif cylinder scene, and the barrel is stamped “PATENT ARMS MFG.” A few guns feature attached loading levers, but these are extremely rare and, when found, add approximately 35 percent to the base value. Cased, matched pairs are extremely rare and consequently, extremely valuable. The .31 cal. Model #3s were also serial numbered in the same #1 to #850 range.

Texas Paterson

MODEL NO. 5 TEXAS PATERSON

Also known as the Holster Model, this is the largest and most sought-after of the Paterson Colts. It saw use by both the military and civilians on the American frontier. Chambered for .36-cal. percussion, the Model 5 holds five shots; it has an octagonal barrel that varies from 4 to 12 inches in length. Rare models have an attached loading lever, which was retro-fitted after 1839. The finish is blued, with a case-colored hammer. Grips are varnished walnut although ivory and mother-of-pearl were popular options. Some models feature optional silver-band decorative inlays. The cylinder is roll engraved and the barrel is stamped “PATENT ARMS MFG. CO. PATERSON, N.J. COLT’S PT.” Most Texas Patersons are well used and have a worn appearance. One in Exc. or V.G. condition would be highly prized. A verified military model would be worth a great deal more than a standard model, so qualified appraisal would be essential. An attached loading lever brings approximately a 25 percent premium. Manufactured from 1838 to 1840, the serial number range is #1 to #1000.