(Updated May 2025)

In our many auctions at RIAC, some of the most sought after guns are the legendary Colt Single Action Army revolvers. The cowboy guns are popular among history buffs, collectible gun enthusiasts, and newcomer collectors alike. We have sold some highly embellished and extremely rare Colt revolvers in our years of operation. Let’s take a trip down memory lane and take a look at the top 10 we have ever sold.

We should also mention, that while there are many ways to select a Top 10 gun list for Colt Peacemakers, these are the Top 10 SAA revolvers as determined solely by their sale price at Rock Island Auction Company events. In this list we excluded pairs and groupings of revolvers in favor of guns who brought massive sale prices all on their own. Now let's get to the guns!

10. Finest Colt Presentation Buntline Special Single Action Army Revolver Extant: $368,000 (December 2010)

It is not every day that we auction a gun that was hidden for decades behind books in a historic home, but this sixgun is one of the rarest Colt revolvers around. Being one of only two Buntline 16 inch barrel revolvers that were set aside for Colt employees makes this gun exceptionally special. The other Colt SAA revolver of this kind is on display in the Colt Museum.

The finest Colt presentation Buntline Special Single Action Army revolver extant sold in December 2010 for $368,000.

This rare Colt has masterfully sculpted, special order English stocks and the barrel has a dovetail-mounted, nickel-silver rifle front sight and special flat-top frame with gas port, a feature that makes this Colt Single Action Army stand out amongst all others. The gun was identified by Osborne Klavestad from the Stagecoach Museum in Shakopee, Minnesota and he stated that, "The Colt Buntline is probably the finest specimen in existence today, being mint, original, unfired and complete with stock." The $386,000 price tag is remarkable but not unexpected for a near new, one-of-two, Colt Buntline SAA revolver.

This famed "Buntline Special" is the earliest entry on our top 10 Colt Single Action Army list.

9. Finest Known Documented 1880 Production Colt Cavalry Model Single Action Army Revolver: $403,500 (September 2019)

Accompanied by a Letter of Authentication from Colt Single Action Army expert John A. Kopec, the following revolver received a glowing evaluation.

The overall finish of this revolver remains today in "as new" condition... This revolver remains today in un-fired condition. The factory applied blued finish remains within the bore and cylinder chambers.

The finest known documented 1880 production Colt Cavalry Model Single Action revolver sold in September 2019 for $403,000 at Rock Island Auction Company.

The Kopec Letter describes the casehardening as "near-new" maintaining 99% of its Colt "military blue" finish on the barrel, cylinder, trigger guard, and back strap. The screws and trigger display beautifully vibrant nitre blue coloring, and the oil-finish on its one-piece black walnut grips still shines. So many elements on this gun are in perfect condition, it is almost unbelievable to see an SAA age with such grace.

To call this a rare Colt revolver is an understatement, as the historic sixshooter is just 1 of the 150 Colt SAAs delivered to U.S. government inspectors Lieutenant David A. Lyle and Sub-Inspector David F. Clark on April 21, 1880. Its condition sets it apart from almost all other Colt Single Action Army revolvers, not just martial arms. It is a time capsule in condition and the finest Colt Cavalry SAA revolver RIAC has ever sold. Its well deserved $403,500 price realized came as no shock based purely off the condition of this unsurpassed gun.

8. Colt Pinched Frame Single Action Army .44 S&W American Revolver: $440,625 (May 2025)

When a Colt Single Action Army features a two digital serial number, a rare "pinched frame," and an even rarer chambering, it's going to turn head. Colt SAA serial no. 14 is one of only three surviving examples chambered in .44 S&W American, a caliber initially requested by the U.S. government during early testing. Needless to say, most .44 caliber Colt SAAs did not survive the factory caliber conversion process.

Colt produced their famous revolver with a rare "pinched" rear sight before the Ordnance Department asked the company to change to a simple grooved top strap.

The "pinched frame" Single Action Army is so rare, no one knows for certain how many or how few there are.  In their book 'A Study of the Colt Single Action Army,' Ron Graham, John A. Kopec and C. Kenneth Moore note that “pinched frames were only known to be produced between serial numbers 1 and 152. They posit that guns with the pinched sight were made as part of the first production run of frames, be it in lots of 50, 75 or 100 guns, but not finished in any numerical order as commercial guns.

This extremely early first year production Colt Single Action Army pinch frame revolver shattered its estimate in RIAC's May 2025 Premier Auction.

7. Bat Masterson’s Colt Single Action Army and Holster Rig, $488,750 (May 2021)

Bat Masterson’s Colt is another legendary revolver that found success at Rock Island Auction Company. William Barclay Masterson was a quintessential figure of the American West. Buffalo hunter, scout, gambler, sheriff, marshal, gunfighter, Bat was perhaps best known as a frontier lawman.

Bat Masterson’s revolver, one of the top 10 Colts sold at Rock Island Auction Company.

Masterson counted a spectacular array of personalities as friends, like Wyatt Earp, Doc Holliday, Buffalo Bill Cody, Luke Short, and Jim Courtright, and his name is associated with Old West fixtures such as Dodge City and Tombstone. His involvement in multiple shootouts of the Wild West in the 1870s and 1880s are fully documented, some in sworn testimony, with the number of men killed ranging from three to more than 20.

Bat Masterson earned the reputation as the Old West’s toughest and deadliest lawman. This rare Colt Single Action Army revolver is only one of four shipped to him personally.

6. Newly Discovered, Exhibition Panel Scene Engraved, Black Powder Colt Single Action Army: $517,500 (December 2019)

Our YouTube video of this gorgeous SAA took 24 minutes for RIAC President Kevin Hogan to cover all the history, significance, provenance, rarity, and artistry on this incredible wheelgun. Thankfully, he took the time to do so since so little is documented on these rare panel scene engraved Single Action Army revolvers. They have immediate ties to some of the World’s Fairs held in the late 19^th century, history’s most notable master engravers, and the top firearms collections of the last 100 years.

This particular example was likely part of the Colt display at an exhibition in Europe, and presented to a person of note (hence why it was not returned to Colt). It has been through collections in Italy and Germany, but finally made its way back to the United States much to the collectors of Colts and high art firearms.

There are only 5 or 6 known genuine panel scene Colts in the wild, so to have a revolver this rare come through our doors was truly a honor and a privilege.

5. John Wayne’s Colt Single Action Army Revolver: $517,500 (October 2021)

As Hollywood’s most famous Western star, and one of the most recognized faces in American history, John Wayne was the perfect embodiment of the strong hero archetype that dominated the Golden Age of Hollywood. The iconic actor owned many Colt Single Action Army revolvers over his lifetime, but he favored one particular wheelgun later in his career, and called it his shooting revolver during the filming of 'True Grit.'

Perhaps the famous top 10 Colt Single Action Army on our list, John Wayne's revolver.

John Wayne was the quintessential American cowboy, the face of the genre for millions of Western fans across the world. Like Zorro’s rapier and Bond's PPK, the Duke’s six-shooter is an inseparable part of his larger-than-life persona, and on a fall afternoon at Rock Island Auction Company, a lucky crowd witnessed John Wayne's gun go up for bid.

The world’s #1 auction house gave the world’s greatest silver screen smokewagon the attention it deserved, and when the dust finally settled, the rare Colt revolver awed the crowd as it achieved a phenomenal $517,500, a worthy sum for such an incredible gun.

4. Colt "Buntline Special" Single Action Army Revolver with Skeletal Shoulder Stock: $546,250 (September 2012)

We've talked about rare Colt revolvers, but the most sought after and desirable form of a Colt Single Action Army is a Buntline Special. Buntline Specials were produced in serial range 28,800-28,830 and a minuscule amount of 18 revolvers are recorded as a Buntlines in that range in Colt's factory records with only 10 revolvers noted as having 16 inch barrels.

An extremely rare, original, factory documented 16 inch Colt "Buntline Special" Single Action Army revolver with a skeletal shoulder stock with factory letter and extensive documentation.

Accompanied by two factory letters and years of official documentation, this is the best documented Colt Buntline Special SAA revolver in existence. With all its original parts and with its blue finish still showing through, this revolver is an unexpected rarity and very well deserving of it $546,250 price realized.

This revolver has been examined and written about by experts over the decades and can be found in books like 'A Study of the Colt Revolver' by Ron Graham, John Kopek, and Kenneth Moore.

3A. Historic, finest known extant "Lot Five" Ainsworth inspected U.S. Cavalry Model Colt Single Action Army Revolver: $763,750 (May 2022)

Artifacts from the Battle of the Little Bighorn are the rarest of the rare.
Rock Island Auction Company was honored to bring to the collecting public a Colt Single Action Army documented as retrieved from that hallowed battlefield and then tucked away for 150 years.

Of the 12,500 Colt Single Action Army revolvers inspected by Ainsworth, only around 1,285 are known in collections today.

Noted Colt Single Action Army expert John A. Kopec examined this extraordinary revolver and concluded, "We have truly enjoyed reviewing this very significant 'Custer-Era' revolver, and believe that it may be the finest representation of a 'Lot-Five' revolver we have ever had the privilege to examine."

Kopec indicates that this rare Colt revolver was new to their survey in the letter and was manufactured c. June 1874 and has not been found recorded in the National Archives. However, he indicates the revolver was part of the historically significant "Lot Five" which he notes "was one of the 'prime' lots from which those revolvers which had been issued to the Seventh Cavalry were drawn." What results is a historic American treasure that garnered $763,750 after a spirited competition at Rock Island Auction's May 2022 Premier Auction.

Historic, finest Known "Lot Five" Ainsworth inspected Custer Battle U.S. Cavalry Model Colt Single Action Army revolver with holster and Kopec Gold Seal letter.

3B. 1891 Production Colt Cavalry Model Revolver: $763,750 (August 2022)

A stunning time capsule example of the legendary U.S. Colt Cavalry Model Revolver, this Rinaldo A Carr inspected Colt Single Action Army Cavalry Model looks as spectacular today as it did when it was manufactured in 1891. This extraordinary revolver remains in "as issued" and unfired condition with 99% plus original high polish blue and vivid casehardened finishes.

A 1891 production Colt Single Action Army Cavalry Model in near mint condition, an expensive gun deserving of its lofty reputation.

The accompanying factory letter confirms this revolver was delivered to the U.S. government inspector at the Colt plant on January 20, 1891 in a shipment of 200 guns. The walnut grip features the inspection date “1891” above Capt. Stanhope E. Blunt’s script letter cartouche on the left side and Rinaldo A. Carr’s script letter cartouche on the right side.

We leave you with renowned Colt author and expert John Kopec’s final thoughts that best summarize this amazing Colt: “This revolver remains today in unbelievable unfired and basically ‘untouched’ condition. It is just really difficult for us to imagine how this revolver has survived through the years in this spectacular condition.”

A gun that's as gorgeous as it's impressive hammer price, this Model 1891 earned a lofty spot on our top 10 Colt Single Action Army list.

2. Cuno Helfricht Engraved Silver Plated Colt Single Action Army Revolver Ordered for U.S. President Theodore Roosevelt: $1,466,250 (December 2020)

Ordered shortly before his 54^th birthday, this revolver is not only extremely beautiful but carries serious historical significance with it. It was said that after an attempted assassination on his life failed only four days prior to ordering this gun, the former President never left home unarmed again.

Theodore Roosevelt's Colt Single Action Army revolver sold during Rock Island Auction Company's 2020 December Premier Auction for $1,466,250.

Unlike many of the other famous firearms owned by Roosevelt that have been institutionalized (such as his Holland & Holland Double Rifle "Big Stick" now on display at the Smithsonian), this Colt Single Action Army revolver is a recent discovery and is perhaps the most highly embellished firearm owned by the 26th President still in circulation. Its significance is further amplified by the impeccable documentation placing this specific revolver in the hands of Theodore Roosevelt late in his 1912 presidential campaign for the "Bull Moose" Party.

This rare Colt revolver features beautiful engravings by Colt Master Engraver, Cuno Helfricht. Mainly consisting of classic scroll patterns backed by punch-dots, as well as some entwining lines, checkered patterns, and floral accents, it is incredibly difficult to spot even one small portion of the revolver that isn't magnificently covered. Chambered in .38 Long and featuring an extraordinarily detailed carved steer head on the grip, Colt seems to be boasting its ability to walk a tight rope between brute strength and refined beauty.

Lot 1210: Theodore Roosevelt Factory Engraved Colt Single Action Revolver

While a Colt medallion immediately catches the eye, it is the contrast between silver and ivory tones on the gun that captivates the viewer's attention. Estimated at $350,000-$550,000, Theodore Roosevelt’s revolver blew past this evaluation and sold for a whopping $1,466,250.

1. The Black Beauty Nimschke Engraved Colt Single Action Army: $1,645,000 (May 2025)

The Black Beauty Colt Single Action Army revolver is a tour-de-force of Louis D. Nimschke's immense talent and perhaps the most extravagant 19th century Colt SAA ever created. An exhibition of 19th century engraving at its highest level, this masterpiece includes the most gold Nimscke ever imbued onto a single piece.

The Black Beauty Colt Single Action Army revolver was engraved by L.D. Nimschke for Mexican President Jose Manuel del Refugio Gonzalez Flores.

In an included letter, R.L. Wilson notes, "Having studied the creative craftsmanship of L.D. Nimschke for over 40 years, the author has been aware since first studying the scrapbook that this artisan did not often employ gold inlay in his embellishments. Hardly any gold inlaid pieces appear in the scrapbook, and only a handful of guns so decorated by him have ever been found."

Nimschke engraved The Black Beauty revolver for Jose Manuel del Refugio Gonzalez Flores, 35th President of Mexico, with the top of the back strap featuring a gold inlaid "MG" monogram. The revolver, chambered in .44 WCF, remained in Mexico for decades until being acquired by Enrique E. Guerra of Texas, a friend of Manuel Gonzalez's descendants.

The revolver features L.D. Nimschke's signature "L.D.N." on the barrel right at the front of the ejector housing. An eagle head is among the scrolls on the left side of the recoil shield.

The Black Beauty revolver changed hands numerous times until being sold to famed Colt collectors Brig and Louise Pemberton, where it has remained until May 2025, when it realized $1.645 million at Rock Island Auction Company and became one of the most expensive guns of all time.

Rare Colt Revolvers

There you have it, the top 10 Colt Single Action Army revolvers Rock Island Auction Company has sold over the last ten years. These revolvers are some of the most iconic and beautiful firearms person could dream about adding to their collection. We always have a wide variety of Colt Single Action Army revolvers in our auction catalogs. Be sure to browse through them during the year to try and win your own piece of Colt firearms history.

David F. Clark sub-inspected Colt Single Action Cavalry Model revolver with Gold Seal Kopec letter.

As always, if there are any questions regarding consignment, registration, and future auctions, please contact Rock Island Auction Company. Excellence is a destination at Rock Island Auction Company, so be sure to check back to see updates to this list as more auctions are finished.