Pat Garrett's Pistol Sells for Highest Price in History

by
posted on September 14, 2021
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
Gun Sells For Highest Price In History

On Aug. 27, the Colt Single Action Army revolver that Pat Garrett used in 1881 to put an end to Billy the Kid in the desert Southwest sold at auction for $6,030,313—the highest price paid for a civilian firearm at auction, perhaps any gun, in history. Bonhams, which was founded in 1793 and specializes in rare and highly collectible items, conducted the sale and handled the flood of bids received by phone, online and from those in the Los Angeles, Calif., sale room.

Prior to the event, the gun was valued at between $2- and $3-million. It was previously owned by Jim and Theresa Earle, noted collectors of Old West memorabilia. Other firearms claimed from that lot included the double-barrel shotgun Billy the Kid used to make his escape from the Lincoln County, N.M., Courthouse in 1881 (which went for $978,313), John Wesley Hardin’s Smith & Wesson “Frontier” revolver ($625,313), Wild Bill Hickock’s Springfield Trapdoor rifle ($475,313) and many others.

Garrett’s Single Action Army revolver, however, stole the show. It’s chambered in .44-40 Win. and has a 7.5" barrel. The walnut grips are well worn, and what’s left of bluing on the barrel and metalwork remains in protected areas and the cylinder’s flutes.

The new owners also received documentation that proves the revolver’s authenticity. Billy Wilson is the first-known owner of the gun, but surrendered it when he was arrested by Garrett. It subsequently gained notoriety after the deadly encounter with Kid. Garrett loaned it to Tom Powers around 1904, who was the proprietor the El Paso, Texas, Coney Island Saloon. Powers displayed the famous pistol there, along with many other firearms used by famous figures of the Old West.

It stayed there for years, until Garrett’s widow, Apolinaria Garrett, sought its return. After a long court battle against Powers' estate, the Texas Supreme Court determined it legally belonged to her in 1934. She, in turn, sold it to a collector in Texas. It wasn’t until 1983 that it came into the possession of the Earles. Notarized statements verified each transfer and provenance.

Latest

Nra Logo Blue
Nra Logo Blue

Armed Citizen Stops Oregon Attack; NRA Reaffirms Importance of Law-Abiding Armed Citizenry

The National Rifle Association of America today issued a statement regarding yesterday’s act of violence in Oregon.

Gun of the Week: Tokarev TT-12 Pro

While there are several AR-style, semi-automatic shotguns on the market, the Tokarev TT-12 Pro has a few features you won’t find elsewhere. And it’s affordable, to boot.

Beretta Holding Announces Preliminary Results of Cash Tender Offer for Shares of Sturm, Ruger & Co., Inc.

Beretta Holding announced today the preliminary results of its cash tender offer to purchase up to 2,400,184 of the outstanding shares of Sturm, Ruger & Co., Inc. common stock.

Ankle Holsters: Are They Still a Good Option for Concealed Carry?

The use of ankle holsters is an old-school, deep-concealment method that was popular in the age of the snub-nose revolver. In today’s world of micro-compacts, does it still hold up as a good carry position?

CZ Duty: A Modular Pistol Ready for Service

The Duty marks the first time that CZ has produced a handgun with a serialized modular chassis, and four models comprise the initial lineup of CZ's latest offering.

Ruger Suspends Production of Several Major Models

Ruger announced a major change to several of its longtime product lines this week, stating that it would immediately suspend production of several models while finishing out current production runs of other models through 2026.

Interests



Get the best of American Rifleman delivered to your inbox.