The Colt Colt Paterson No.1 Pocket is a Antique first produced in 1841. It carries a scarcity score of 97/100 based on tracked survey data, with 4 active listings currently on the secondary market and a global benchmark price of $163,406.
The Colt Paterson No. 1 Pocket is a five-shot percussion revolver from the first commercially produced revolver line in history, manufactured by Samuel Colt's Patent Arms Manufacturing Company in Paterson, New Jersey, between 1836 and 1842. Based on Colt's original 1836 patent for a revolving cylinder mechanism, the Paterson pioneered the folding trigger and lacked a loading lever on its earliest variants, features that would be refined in Colt's later Walker and Dragoon models. Commercial success was initially modest, and the Paterson factory ultimately failed in 1842, but the design's core principles laid the foundation for the revolver industry that Colt would later dominate. As Colt's first production firearm, the Paterson occupies a foundational place in the history of American firearms manufacturing.
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