Re: About to buy an 1877 Colt Lightning DA Engraved Nickle .41 LC
NIB, those guns, unengraved, will easily go for $5000; nickel plated ones usually bring less, but a factory engraved and plated one would go a lot more. Of course, any such would need close scrutiny by an expert. If it is as described, and the Colt letter says it is factory engraved and nickeled with ivory grips, $1500 would be grand theft.
Be careful, though. Both guns and Colt letters have been faked, and it is a common practice to price fake guns at a substantial, but still bargain, price to entice buyers. Can you get a written guarantee that the gun is what the seller claims it is and that you can get a refund if you have it appraised and find out otherwise? The guarantee should include a description of the gun and serial number, along with a copy of the Colt letter. If the seller balks, you might consider walking.
(BTW, the terms "Lightning" and "Thunderer" were NOT factory terms, and Colt didn't use them. They were a Colt distributor's advertising hype. I either don't use them or put them in quotes to show they are not "official" names.)
Last edited by Jim K; 11-22-2010 at 12:07 AM..