#United States #Bedford #Rock Island #Colt Revolver #Black Beauty

Legendary Colt Revolver 'Black Beauty' Fetches $1.6 Million at Auction

On May 3, amidst the celebrations for the 151st Kentucky Derby, another significant event captured the attention of fine arms collectors: the Rock Island Auction Company’s May Premier Auction. At this renowned event, the Colt Single Action Army revolver, affectionately known as "Black Beauty," sold for an astonishing $1.6 million. This remarkable sale marks it as the second highest price ever paid for this iconic model, reinforcing its status in the realm of historical firearms.

The Charm of 'Black Beauty'

So what exactly sets Black Beauty apart? Firstly, this Colt revolver is a quintessential example of the Single Action Army, a model deeply intertwined with American history and a favorite among those who appreciate its representation of the Wild West. Its legendary status has been amplified by numerous appearances in classic Hollywood films, making it a coveted item for collectors.

Secondly, the artistic craftsmanship of Black Beauty elevates it above its peers. It has been extensively decorated by the esteemed engraver Louis D. Nimschke, who is celebrated for his exceptional work in the 19th century. This revolver is often hailed as Nimschke's masterpiece, showcasing his lavish designs and unique gold inlays—a feature that is rare and sought after in the world of fine arms. Originally crafted in 1888, it was even presented as a gift to Mexican President Manuel González Flores, underlining its historical significance.

Finally, Black Beauty’s condition plays a crucial role in its valuation. Despite being over 130 years old, the revolver remains in excellent condition, proving that in the world of collectible firearms, quality is paramount. In real estate, they say it's about "location, location, location"—in firearms, it's all about "condition, condition, condition," and Black Beauty certainly excels in this aspect.

A Reflection of the Fine Arms Market

The excitement surrounding Black Beauty is indicative of the trends in the fine arms market. The Rock Island Auction Company achieved a total of $28 million from its recent auction, evidencing a robust interest in historic arms. Kevin Hogan, the President of RIAC, remarked, "If this was a painting, it would be hanging in the National Gallery. Without question, it is the finest example of the most iconic, American-made firearm. They get no better."

The auction not only featured Black Beauty, but was also notable for its high average sale price per lot in the company's 30 years of operations. Other exciting highlights included a pair of shotguns by J. Purdey & Sons that fetched $411,250, alongside a silver plated Henry rifle from the Civil War era, which also achieved the same impressive price.

About Rock Island Auction Company

Established in 1993 and headquartered in Bedford, Texas, the Rock Island Auction Company has been at the forefront of firearms auctions, consistently recognized as the world's leading auction house for fine and historic arms since 2003. Under the leadership of CEO Patrick Hogan, RIAC has dedicated itself to enhancing the experience of firearms collectors of all levels. Their mission statement—"Elevate firearms collecting. Sell with Passion"—epitomizes their commitment to this unique field.

For those interested in exploring the world of fine arms further, more information can be found at Rock Island Auction Company or by calling 1-800-238-8022. This recent auction serves as a spotlight on the enduring allure and value of historic firearms, especially pieces as remarkable as the Colt Single Action Army known as Black Beauty.