RICK: Hey. How can I help you? I'd like to try and
sell this Colt revolver. [MUSIC PLAYING] RICK: This is cool. Do you know much about it? PAUL: I know it's an old piece-- I want to say 1800s. This is a very early
Colt Single Action Army. This is-- this is 1870s,
and everyone wanted them. And they also had the world's
greatest advertising campaign-- God made all men, and
Colt made them all equal. The Colt Single Action
Army, really, was just incredibly revolutionary. I mean, this was the
most high-tech thing around in the 1870s. Before this, it was-- you've seen the old
movies, them, you know, packing the guns with gunpowder
and putting a ball in. This-- this had cartridges. This was super accurate. This had interchangeable parts. This shot straight. It didn't break. I mean, it was just
a high-quality gun. And this is an
incredible set of grips. You have a federal eagle here. You have the shield, the lances. These were twice as much money
as any other comparable gun to them. This is the dream gun
of every Colt collector. If you have ever seen a
Western, you've seen this gun. I want this thing. I want this thing. I want this thing. But I have to make sure
everything checks out. So where did you get this thing? PAUL: I'm a bail
bondsman, and somebody put it up for collateral. And they never paid off the
bond, so they surrendered it. This is an appraisal on it. I took it in for $25,000. That's what they owe. That's what I'd like to get. OK. Um-- and they're saying
an obvious factory reversal of the numbers. It's often the case with
arms engraved and nickeled. So you want 25,000 for this? Yeah. RICK: Do you mind
if I have someone take a look at this thing? I mean, I just have a lot
of questions on the gun. I mean, it's really weird that
you have two serial numbers on the gun, but if
everything checks out, maybe we can make a deal. PAUL: Great. OK. Hang on five minutes. I'll get him down here,
and we'll go from there. OK. RICK: (SINGING) Ah. Wow. It's a pretty neat gun. My big fear with
things like this is, usually, when it's
too good to be true, it's too good to be true. What do you think? I mean, at first look, it's-- it's gorgeous. What's really nice about this
is this is a known pistol. This has been in two books, and
one of them is the Colt Bible. So it's a Single Action Army,
seven and a half inch barrel, which was the standard
cavalry length. The Single Action Army
changed everything. I mean, this is the
gun that won the West-- also known as the
Peacemaker, the Colt .45. I mean, this started it all. RICK: Cool. ALEX: The grips are the thing
that makes everybody go wow. You see this here,
this high relief? These are Civil War scenes. Colt didn't make that grip. There was a retailer--
the largest retailer of firearms in the
United States was Schuyler, Hartley, and Graham. This style grip
is extremely rare. You see it more on older
pistols-- percussion pistols. But on a Single Action
Army, this grip is-- these are hen's teeth. RICK: All right. But there's some,
really, weirdness with the serial numbers. ALEX: Most Colt
collectors go, I want all matching serial numbers. But I think it's a pretty
fair assessment to say, look, these were hand-stamped. They were making them-- thousands-- and
shipping them out. And that could just
be a simple mistake. It could drive the
value down a bit, but there's so much right
about this beautiful gun that, you know, for me,
I would still want it. RICK: So we have an
1876, really fancy Colt. You got a piece of magic here. RICK: OK. So what is this
piece of magic worth? ALEX: [SIGHS] I would say that, at auction,
I would safely guess that this would sell for $35,000. If it went above $50,000, it
wouldn't really surprise me. Wow. I was thinking it was going to
be a little bit less than that, but I'm not surprised. I mean, it's a beautiful piece. [SIGHS]. OK. Well, thanks, man.
ALEX: You are welcome. Appreciate it.
ALEX: OK. Thank you. ALEX: This gun is an
excellent buy for the shop. The model is known
as the Peacemaker, but if Rick can get
a good deal, it'll be known as the money maker. All right. So $25,000-- no problem. [DRAMATIC WESTERN MUSIC] I mean, what's your best price? You give me $40,000,
I walk out the door. No. At $40,000, you're walking
out the door with the gun. PAUL: Even though you can sell
this for $55,000, $60,000 here? No, no, no. He says maybe. $35,000. I'll go $26,000. $27,500, gun's yours. We got a deal. Great. I'll meet you
right over there. PAUL: Honey, pack your bags. Because I'm taking
this $27,500, and I'm going to take the whole
family on vacation.
I don't even know why people would go to a pawn shop for something this expensive. Professional guy guesses $50k wouldn't surprise him at auction.. and sells for $27.5K? I mean some people are desperate for money asap but that's such a horrible deal. What's stopping this guy from selling at an auction or another source for more at least?
If you want to see some nice antique guns you could watch C&R Arsenal and Forgotten Weapons channels on youtube. This show is so cringy.