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

target with holes
target with holes

Skills Check: The Tabula Rasa Method

Too many shooters step onto the range carrying the emotional residue of every missed shot, every bad stage and every ugly drill from the last six months like a tactical backpack full of disappointment. The Tabula Rasa method is designed to change that relationship.

Canadian Law Enforcement Agencies Select Federal Ammunition

Federal Ammunition will supply the Canadian Department of National Defense and the Royal Canadian Mounted Police with rifle and shotgun ammunition, respectively.

Shooting Surplus: Finding Affordable Mil-Surp Ammo in 2026

Today, the market for mil-surp ammo is vastly different than it was even just a few years ago. If you're a military-surplus collector and shooter, what should you look for in 2026? Here's our guide.

Colt Electro-Optics Introduces New Red Dots & Magnifier

No stranger to rebirth, Colt has recently spun off an optics division to make sure that, in a world where optics are considered to be standard equipment, a fully kitted-out gun can be all-pony.

What This Huge NFA Ruling Means for Gun Owners

The recent ruling in Jensen v. ATF and the subsequent lack of an appeal by the U.S. Department of Justice has left many gun owners with questions about purchasing NFA items. Here is some guidance.

Gun of the Week: Smith & Wesson Model 386 Night Guard

In partnership with Lipsey's, Smith & Wesson recently re-introduced two of its classic Night Guard revolvers, the Models 386 and 396, which are chambered for the .357 Magnum and .44 Special, respectively.

Interests



Get the best of American Rifleman delivered to your inbox.