The Colt Police Positive, especially the 1905 variant, holds a special place in firearms history and the hearts of collectors. Its iconic design, robust construction, and association with a bygone era make it a desirable piece. But determining the 1905 Colt 38 Special Police Positive value requires careful consideration of several factors. This guide will walk you through the key elements influencing its worth, helping you understand what your specific firearm might be worth.
Understanding the Colt Police Positive's History
The Colt Police Positive, introduced in 1907, was a direct descendant of the Colt Police Special. However, the 1905 Colt 38 Special Police Positive designation often refers to guns manufactured in the years leading up to the official launch, showcasing transitional features. These earlier models might exhibit variations in markings, grips, and even internal mechanisms, adding to their unique appeal and sometimes influencing value.
- Early Production Variations: Look closely at the markings on the firearm. Variations in the font, placement, and even the inclusion of specific manufacturer's marks can dramatically impact the value.
- Materials and Construction: Colt used high-quality materials, but variations in steel composition and finish over the years can affect condition and, therefore, value.
- Accessories: Original boxes, paperwork, and period-correct holsters significantly increase a firearm's collectibility and value.
Factors Determining 1905 Colt 38 Special Police Positive Value
Determining the precise value of a 1905 Colt 38 Special Police Positive requires a thorough assessment of its condition and features. Several crucial factors come into play:
Condition
This is perhaps the most significant factor. Collectors meticulously grade firearms based on their condition, using systems like the "10-point scale" or similar grading systems.
- Excellent (95-100%): Near-mint condition, showing minimal wear. These are exceptionally rare and valuable.
- Fine (90-95%): Very good condition with minor signs of handling or wear.
- Good (80-90%): Shows more wear, but mechanically sound.
- Fair (70-80%): Significant wear and tear, possibly requiring some restoration.
- Poor (Below 70%): Heavily worn or damaged. Value is significantly lower.
Example: A 1905 Colt 38 Special Police Positive in excellent condition with all original parts and accessories could command a significantly higher price than one in fair condition.
Mechanical Functionality
A fully functional firearm is considerably more valuable than a non-functional one. Proper mechanical function is critical for collectors and shooters alike.
- Action: Smooth operation of the revolver's cylinder and trigger mechanism is crucial.
- Bore Condition: The condition of the barrel significantly impacts value. A pristine bore with clear rifling will increase value.
- Timing: The precise alignment of the cylinder with the barrel is essential for safe and accurate operation and a key factor in determining value.
Authenticity and Provenance
Knowing the history of the firearm, including its provenance (ownership history), can greatly enhance its value.
- Original Parts: A firearm with all original parts is far more desirable than one with replacement parts.
- Documented History: Any documentation associated with the firearm, such as letters, photographs, or ownership records, significantly increases its value.
Where to Find the Value of Your 1905 Colt
Several resources can help you determine the value of your 1905 Colt 38 Special Police Positive.
- Online Gun Auction Sites: Sites like GunBroker.com show recently sold prices, offering insights into current market values. However, remember that these are just guides, and prices can vary.
- Gun Appraisals: Professional gun appraisers can provide a formal valuation, which may be necessary for insurance or estate purposes. Their expertise ensures accurate assessment.
- Collector Publications: Specialized firearms publications and magazines often feature articles and price guides.
- Colt Collector Forums and Communities: Connecting with experienced Colt collectors online can provide valuable information and insights.
Conclusion: More Than Just a Number
While this guide offers valuable information on determining the 1905 Colt 38 Special Police Positive value, remember that each firearm is unique. The value isn't just a number; it reflects the firearm's history, condition, and the collector market's current demand. Careful research and consultation with experts are key to understanding the true worth of your collectible. Always handle firearms safely and responsibly.