1198
Collector's Lot of Three Rare Prescott Revolvers -A) Rare E.A. Prescott Pocket Model Revolver, Seria
Currency:USD
Category:Antiques / Firearms & Armory
Start Price:1,000.00 USD
Estimated At:2,500.00 - 3,750.00 USD
SOLD
2,750.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2010 Sep 11 @ 11:51UTC-5 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
A) Manufactured from 1862 to 1867, with several hundred of each of the various styles produced. This Pocket Model has a brass bird's head butt frame and cylinder locking notches on the front. Top barrel flat is marked "E.A. PRESCOTT / PAT'D OCT 2 1860". Matching number on frame, barrel, both grips, and cylinder.
BBL: 4 inch octagon
Stock:
Gauge: 32 RF
Finish: blue/silver
Grips: walnut
Serial Number: 20
Condition: Very good plus. The barrel retains 30% original blue finish with the balance a smooth brown patina with some minor spotting. The cylinder has a smooth brown-gray patina with some scattered minor pitting. The frame retains traces of original silver plating in the protective areas with the exposed brass having an even aged patina. The back of the right grip panel has been repaired, otherwise the grips are very good with some mild handling marks. Mechanically fine.
B) Rare E.A. Prescott Pocket Model Revolver, Serial Number 47
Manufactured from 1862 to 1867. This Pocket Model has a long brass frame with cylinder locking notches at the front. Top barrel flat has the 1860 patent date, with the one line address over the 1860 patent dated on the left flat. Matching number on barrel, frame, cylinder pin, both grips, and cylinder.
BBL: 4 inch octagon
Stock:
Gauge: 32 RF
Finish: blue/silver
Grips: walnut
Serial Number: 47
Condition: Fine. The barrel has a mottled brown-gray patina with traces of original blue finish in the protected areas. The cylinder retains 70% bright blue finish with the balance a smooth brown patina with streaks of gray. The brass has an attractive even aged mustard patina. The grips are very fine with some wear on the bottom edges and a repaired chip on the left panel near the frame, along with some minor dings and scratches.
C) Pond Separate Chambers .32 Caliber Revolver, Serial Number 100
Manufactured from 1863 to 1870. The top barrel flat is stamped with one line Pond address and 1863 patent date marking. Blue with silver plated brass frame and casehardened trigger and hammer. Smooth grips with a small screwdriver fitted into the underside of butt. Matching number on barrel, cylinder, frame, and hammer spring.
BBL: 5 inch octagon
Stock:
Gauge: 32 RF
Finish: blue/silver
Grips: rosewood
Serial Number: 100
Condition: Very fine. The revolver retains 95% bright original high polish blue finish with loss mostly on the cylinder pin and on the barrel at the muzzle, with a strong cylinder drag line and some minor spotting near the muzzle. The frame retains nearly 20% of original silver plating in the protected areas with the exposed brass having a fine aged patina. The hammer retains some vivid case colors. The grips are excellent with some minor ding and scratches. The firing pin is absent, otherwise action functions properly.
Auction Location:
4507 49th Avenue, Moline, Illinois, 62165, United States
Previewing Details:
Preview: Open to the public Thursday, September 9th from 10 AM to 6 PM and Friday, September 10th from 8 AM to 10 AM.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
19.5% |
Additional Fees:
Shipping Details:
Please contact the auction house for the preferred shipper’s contact information
Payment Details:
Payment Information: Auction sales are strictly for cash, cashier’s check or checks (with prior approval of the management), MasterCard, Visa or Discover. NOTE TO ALL BUYERS: Method of payment will be U.S. currency or certified check drawn on an American bank. All sales are final at the fall of the Auctioneer's hammer. Buyer’s Premium: All bid prices “hammer prices” (means the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium payable by the purchaser of 19.5% of the bid price. There is a 2.5% discount for payment with cash, approved check or wire transfer. The premium is added to your successful bid and the two together equal the total purchase price. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. This purchase is subject to all the terms and conditions set forth herein. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. The purchaser further agrees to pay the purchase price, buyer’s premium and any applicable taxes before any lot may be transferred. All items purchased by successful bidders must be paid for in full the day of sale. All items purchased by absentee bidders must be paid for in full immediately upon notification.
1. UNDERSTANDING THE TERMS & CONDITIONS OF SALE. The following conditions of sale make up the entire terms and conditions on which items listed in our catalog and addendum sheets will be offered for sale or sold by Rock Island Auction Company (known hereafter as "RIAC") and any client for whom we act as an agent. Any notices, posted or oral during the sale, are also part of our condition of sale agreement. These are the conditions of the sale. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions. The purchaser's rights and our respective rights and obligations hereunder are governed by Illinois law. By bidding at our auction whether in person or by agent, sealed bid, telephone bid or other means, the buyer or bidder agrees that the contract created by these conditions of sale is made and performed in the County of Rock Island, State of Illinois and further agrees that should any dispute arise from this contract the jurisdiction for contractual disputes is Rock Island County.
2. BUYER'S PREMIUM AND SALES TAX. All bid prices “hammer prices” (means the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium 17.5% payable by the purchaser. The buyer’s premium shall be reduced to 15% provided the payment is paid by cash or the equivalent of cash (cashier’s check, wire transfer, or approved personal check). If the account is settled by credit card, the buyer’s premium then shall be the standard 17.5%. This is not an aggregate percentage on the total items bid rather a per item percentage rate. The premium is added to your successful bid and the two together equal the total purchase price. Some items are exempt from Illinois sales tax and others may be subject to Illinois sales tax or local sales tax. The tax is computed on the total purchase price. To establish a tax free sale, a copy of a valid reseller's permit or other instrument of information must be provided to our satisfaction establishing a sales tax exemption. Any purchaser claiming an exemption yet unable to provide proof will be required to pay the tax to us and seek a refund from the State of Illinois. Generally, all items shipped out of state are tax free sales. We have been authorized by the consignor to retain as part of our remuneration, the buyer’s premium payable by the purchaser.
3. METHOD OF PAYMENT. Auction sales are strictly for cash, cashier’s check or checks (with prior approval of the management), MasterCard, Visa or Discover. NOTE TO FOREIGN BUYERS: Method of payment will be U.S. currency, certified check drawn on an American bank or wire transfer.
4. TERMS OF PAYMENT. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. All sales are final at the fall of the Auctioneer’s hammer or at the announcement of "sold". This purchase is subject to all the terms and conditions set forth herein. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. The purchaser further agrees to pay the purchase price, buyer’s premium and any applicable taxes. All items purchased by successful bidders must be paid for in full the day of sale. All property must be removed from our premises at the purchaser’s expense no later than 5:00 p.m. five days following the date of sale unless otherwise agreed. If the property is not removed, it may be transferred to a public warehouse for the purchaser at the purchaser’s risk and expense.
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Each purchaser at this auction grants us a security in the property purchased. We may retain as collateral security for the purchaser’s obligations to us any of the purchaser’s property and all monies held or received by us. We may apply against such obligations monies held or received by us for the account of, or owing to, the purchaser. We retain all rights of a secured party under the Illinois Commercial Code. Whenever the purchaser pays only a part of the total price for one or more lots purchased, we may apply such payments, at our sole discretion, to the lot or lots we choose. Payment will not be deemed made in full until we have collected all amounts due in cash on good funds (by our definition). If the conditions of sale are not complied with, in addition to remedies available to us and the consignor by law, we hold the purchaser liable for the purchase price, 15% buyers premium, and applicable sales tax, we at our option may either (1) cancel the sale, retain as liquidated damages all payments made by the purchaser or (2) resell the property either publicly or privately, and in such an event the purchaser shall be liable for the payment of any deficiency plus all costs and expenses of both sales and our commission at our standard rates. The purchaser is also responsible for all other charges due hereunder attorney’s fees and incidental damages, etc.
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16. CLASS 3. All firearms designated as Class 3 must be registered in compliance with the NFA registry. A $200 federal tax payment is required each time a functional NFA firearm is transferred to or from a private owner. This fee as well as full purchase payment is due at time of purchase in order to process the paperwork. The new owner of the Class 3 firearm will be required to complete 3 forms - 1) ATF Form 4, 2) fingerprint card, 3) ATF form 5330.20 Certificate of Compliance. These forms will be provided to you by Rock Island Auction Company. Note: if state of local law requires a permit or license to purchase, possess, or receive NFA firearms, a copy of the transferee's (buyer) permit or license must accompany the application. Rock Island Auction Company then mails the paperwork for the Federal Transfer Tax to BATFE. The BATFE says that it can take up to 90 days for approval. We will receive back one of the Form 4's (they are sent in duplicate) with a Federal Tax Stamp attached to it. This is given to the new owner when he/she picks up the NFA firearm. No further tax is due. The following states do not allow individuals to own machine guns: California, Hawaii, Illinois, Iowa, Kansas, Maine, Michigan, Mississippi, New Jersey, New York, Rhode Island. SPECIAL NOTE: If you are an SOT (Special Occupation Tax) payer (Class 3 dealer) you are able to transfer functional NFA firearms to or from other SOT payers and government agencies with BATFE approval, but without having to pay a transfer tax.
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