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Colt Police Positive

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  • Colt Police Positive

    I bought a Colt Police Positive in a 38spl. It has a five digit serial number. On the website https://proofhouse.com/colt/ it says the pistol was made around 1912. It has original blue and only has very minimal blue rubbing on the corner/edges. The barrel has one very small pit, but the lands/grooves are otherwise very good. It has the original smooth wood grips with minimal marks or wear. The pistol locks up tight and functions flawlessly. It perhaps spent its life buried in a sock drawer. I suppose my question is; whether this would be a collectible of note or are there so many made, it is of no significant importance? What would this pistol be valued?

  • #2
    My several year old Blue Book of Values shows the First Issue Mfg. 1907-1927 in .38S&W with hard rubber grips. about $600 in 98% condition.

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    • #3
      I have the same revolver in .32-20 made in 1918.
      Mint condition but rough bore.
      I tried to sell it on consignment with my local dealer, asking $500, but there were no takers on account of the bore.
      A 100-year-old Colt revolver should be considered a collectible..
      JMO.

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      • #4
        Why? Their are So many in a true 100% conduction. Your Colt is standing in the foot prints and keeping market value down it's not a "collectible" It's a secend hand rose & not worth $500.00 But half $250.00..JMO:-)

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        • #5
          Originally posted by Treestand the III View Post
          Why? Their are So many in a true 100% conduction. Your Colt is standing in the foot prints and keeping market value down it's not a "collectible" It's a secend hand rose & not worth $500.00 But half $250.00..JMO:-)
          Treestand - I have been looking for this model since the 1980's, when Skeeter Skelton mentioned it as one of the best "trail guns," and have only found four in suitable condition (all of which I bought). And only one in mint condition, built in 1918, which is the one I own.
          If they are common, they must be hidden away in gun safes because there are none to be found at the tables of gun shows or in the showcases of dealers.
          I did find a nice one on gunbroker.com, and it sold for about $750 as I recall.
          Here is a photo of the gunbroker revolver, built in 1928.
          Last edited by 99explorer; 09-02-2019, 06:27 PM.

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          • #6
            Incidentally, I bought my .32-20 more than 20 years ago for $400, and I bought it as a shooter, not as a collectible.
            As any experienced shooter knows, a pitted bore rarely affects accuracy, and mine is an excellent shooter.

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