SOLD
95,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2012 Sep 08 @ 12:00UTC-5 : EST/CDT
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Estimate: $125000 - 175000
A companion piece to the other Colt Single Action in this auction fully documented to the Dalton Gang's leader Bob Dalton, we here at Rock Island Auction Company are please to offer this historic factory engraved Colt Single Action purchased in a special order of 10 by the Dalton Gang for use at the Famed Coffeyville, Kansas double bank robbery. Accompanied by a letter from world famous author and Colt firearms expert R.L. Wilson in which he writes "documentation on outlaw or lawmen Colts from the 19th Century are rarely as specific or comprehensive as proven in the present documenting letter. Historians, collectors and students of firearms and the American West can look upon the historic set of 10 Colt Single Action Army revolvers sent from the factory to the attention of one "A.E. Williams" as participants in one of the most famous bank robberies in American history-carried out by the bold and daring Dalton Gang." Further he states "it is entirely possible that with additional research the identity can be established of which member of the Dalton Gang carried this revolver, serial number 147311 as one of his pair of deluxe Colt Single Actions that fateful day. Whether it was Emmett or Grat Dalton, or Dick Broadwell or Bill Power- one can be certain that it was one of these four. Manufactured in 1892. This factory engraved Colt Single Action Army revolver is directly attributed to the famous Dalton Gang and was one of 10 the gang purchased shortly before their last criminal endeavor, the famous "Coffeyville Raid" in which the gang planned to rob two banks at the same time in the Dalton's hometown of Coffeyville, Kansas. The ten were shipped on August 18, 1892 sold to a A.E. Williams and shipped to Simmons Hardware in St. Louis, Missouri. Although little documentation accompanies this revolver, a second factory engraved Colt Single Action Army revolver in this auction taken from the body of Bob Dalton is heavily documented and supports this revolver as having been in the gangs possession the day of the "raid". It is known that serial number 147,305 was at the Gene Autry Museum and authenticated as one of the ten shipped, and believed to have belonged to Emmett Dalton, serial number 147,307, (the other Colt in this auction) had been on loan since 1960 in a Museum in Coffeyville, Kansas also in the shipment. All 10 were factory engraved, 5 1/2 inch barrel, 45 caliber, blue finished and pearl gripped. Much information comes from an article in the June 1995 "The Gun Report" written by Bill Gerber who had obtained serial number 147,306 which he learned was also in the August 18, 1892 shipment of 10 revolvers. Gerber did a great amount of research into these revolvers. Several revolvers in the order were consecutively serial numbered. Knowing that Colt did not engrave a bunch of consecutively serial numbered guns and ship them to various dealers lends credence to the shipment as being a special order. Also with a short time for the gang to get the guns he is logical to think it was planned. One can conclude that since the guns were sold to an individual and not a wholesaler that is was no accident that the guns ended up in the hands of the Dalton gang. Very few outlaws in the day were known to carry fancy gripped engraved revolvers let alone a pair, (10 guns, 5 gang members). It was risky business in those days to stock 10 factory engraved, pearl gripped revolvers for sale to the general public, which would probably mean that A.E. Williams had a specific buyer in mind. Williams may have even been an alias or possibly an agent for the Daltons. The shipment date didn't leave the gang much lead time on the Coffeyville Raid, however it is interesting to note that Bob's rifle was shipped from the Winchester factory on August 27, 9 days later than the Colt shipment and only 39 days ahead of the raid and the rifle has been pictured with the bodies of the 4 gang members killed that day. There are also documents showing the sale of the Dalton's property and among the items listed are Colt revolvers. Interesting enough Grat, Emmett and Bob Dalton served on the right side of the law prior to becoming criminals, serving as Deputy Marshalls. Emmett worked as a member of some of his brothers posses, but for the most part he earned a living as a cowboy on the Bar X Bar Ranch near the Pawnee Agency. Working there he met two of the gangs future members and met future gang members working at nearby ranches. The gang made a living from robbing trains before planning the famous "Coffeyville Raid" which proved to be the gangs Waterloo. Around 9:30 am five members of the Dalton Gang (Grat, Emmett, and Bob Dalton, Bill Power and Dick Broadwell) rode into Coffeyville, Kansas with the plan of making outlaw history by robbing two banks at the same time. The plan was doomed from the beginning, the hitch...
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Auction Location:
7819 42nd St West, Rock Island, Illinois, 61201, United States
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20.5% |
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Terms & Conditions > Premiere Auction
1. TERMS & CONDITIONS OF SALE. The following conditions of sale make up the entire terms and conditions on which items listed in our catalog, on the internet web site and addendum sheets will be offered for sale or sold by Rock Island Auction Company (known hereafter as “RIAC”). All bidders who participate by bidding in this auction agree to the terms and condition of sale and agree to be bound by same. Any notices, posted or oral during the sale, are also part of our condition of sale agreement. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions of sale. 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, via the internet or other means, the buyer or bidder agree 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 sole and exclusive jurisdiction for contractual disputes is Rock Island County. Auctioneer is not responsible for any errors of the buyer including but not limited to the buyer bidding on the wrong lot.
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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.
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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ABSENTEE BIDDING. As a service to anyone wishing to place bids in advance of the sale we may accept bids to bid on a potential bidders behalf at our own discretion by telephone or sealed bid using the forms we provide. A Sealed Bid must be received and credit approved in advance of sale date. It is the Bidders responsibility to establish credit before bidding, or we will accept a 15% deposit in the amount of the total bids. (Deposits will be returned within ten (10) days after sale, if not successful). A Sealed Bid form is enclosed in the back of the catalog. Bids may also be faxed to (309)797-1655. Additionally on-line bidding is available on our website. Buyers acknowledge by bidding absentee via mail, e-mail, telephone, through internet providers, or any other absentee means (not in person bidding) no fiduciary duty exist between the bidder and RIAC. The buyer acknowledges RIAC has a financial interest in all items offered for sale. The buyer acknowledges that there may be a conflict of interest in that RIAC may have an interest in items beyond the seller’s commission and buyer’s premium. In fact RIAC may have offered a guaranteed amount to a particular consignor or may actually have an ownership interest in an item offered for sale. Buyer acknowledges that RIAC has fiduciary duty to sellers and not the buyers. Any absentee bid is executed as if the bidder was actually present and bidding themselves. RIAC will execute bids in a manner such that they will attempt to prevail at the lowest bid possible. We assume no responsibility for failure to execute telephone, sealed, or website/online bids for any reason whatsoever.
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15. FIREARMS LAWS. All post - 1898 firearms must be registered in compliance with Federal and Illinois State Law. Buyers of post - 1898 firearms must complete state and federal registrations forms at Rock Island Auction Company, 7819 42nd Street West, Rock Island, IL 61201, unless otherwise specified. A 3-day waiting period is mandatory for modern handguns, a 24-hour waiting period on modern long arms. Dealers and out-of-state buyers must have in their possession on the day of sale, signed copies of their Federal Firearms License in order to accept same-day delivery of modern weapons. Buyers who act as agents for FFL dealers must have a letter of agency as well as a signed copy of the dealers Federal Firearms License (FFL).
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, and 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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DISPUTES UNDER THIS CONTRACT
Buyer and RIAC agree to mediate any dispute or claim arising between them resulting from the buyer participating in the auction or any resulting transaction. Furthermore the buyer and RIAC agree should Mediation be necessary that Mediation fees if any will borne equally by the parties. Buyer and RIAC are required under the terms and condition of sale to enter into Mediation before arbitration or any court action. Should a party commence legal action other than Mediation without giving written notice to the other party that party will not be entitled to recover attorney’s fees even if they would otherwise be allowed to that party in the action. All mediation, arbitration and court proceedings, whether in state or federal court, shall be filed and conducted solely within Rock Island County, State of Illinois, and not in any other jurisdiction.
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Limitation of Liability. Except as expressly provided above, all property is sold “as is”. Rock Island Auction Company nor the consignor makes any representation or warranty, express or implied, as to the title, merchantability, fitness or condition of the property or as to the correctness of description, genuineness, attribution, provenance or period of the property or as to whether the purchaser acquires any copyrights or other intellectual property rights in lots sold or as to whether a work of art is subject to the artist’s moral rights or other residual rights of the artist. All firearms and ammunition are sold as collector lots only. fitness to fire or otherwise discharge the arm or ammunition is expressly denied by rock island auction company. a competent gunsmith should be consulted before attempting to use or fire any firearm or ammunition. the purchaser expressly acknowledges and agrees that in no event shall Rock island auction company be liable for any damages including without limitation any compensatory, incidental or consequential damages.
3/14/2012 8:56:55 AM