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Paterson No. 515: Landmark Condition, Elite Pedigree

There are rare guns, and there are guns that define history.

The Colt Paterson No. 5 sits at the very beginning of the American revolver story. Produced in limited numbers in the 1830s–40s, it represents Samuel Colt’s first successful revolving firearm and the foundation for everything that followed.

Examples like this highlight just how advanced — and how scarce — these revolvers truly are. With features like the 9-inch barrel, six-band configuration, and early improvements such as the Ehlers lever, the No. 5 Texas Paterson reflects both innovation and evolution at a pivotal moment in time. Surviving examples are few, and condition at this level is even more uncommon, which is why the Paterson continues to stand as one of the most studied and respected firearms in the collecting world.

00:00 – Colt Paterson No. 5
01:30 – How Rare is Colt No.5 Texas Paterson
02:40 – High-End Collecting Tips
03:19 – The Best Colt Texas Paterson?
04:00 – How Many Colt Patersons Are There?
05:00 – Predecessor to Colt Walker
06:05 – How Rare is the Colt Paterson No.5?
07:00 – Who Owned This Gun?
09:00 – The Finest American-Made Firearm

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