Page 43 - joa-feb-23
P. 43

by John Sexton

            Q: Hello – I am a history teacher who has had framed Civil War Bonds in   The $500 bond has a vignette of Thomas Bragg, Attorney General
            my possession for a number of years. I am curious if they are worth    surrounded with allegorical figures, printed by Duncan, Columbia, SC.
            anything? Thank you for your time. – Levi                                                    Thirty coupons are still attached though
                                                                                                         the last one is marked “void” – usually
            JS: There are over 300 types of                                                              coupons clipped off.
            Confederate bonds. Both bonds here                                                              Neither bond is rare and average
            were printed by B. Duncan in Columbia,                                                       examples can be found for about $125-
            South Carolina.                                                                              $150 each as can be another 30-40
               The $100 has a vignette of RMT                                                            varieties. The reductions in the paper
            Hunter, Confederate Secretary of State,                                                      detract at least half of the value.
            signed by Robert Tyler registrar of the                                                      Paper Civil War collectibles are driven
            treasury, numbered 672 of 857 issued,                                                        by aesthetics and condition.
            complete with 30 attached coupons
            for 8% interest each quarter until its                                                       Two examples of Civil War Bonds
                                                                                                         appreciated for their aesthetic more than
            maturity in 1868.
                                                                                                         the monetary value of $125-$150 each.



            Q: I have my great-great-grandfather’s service pistol from his days in the   $7,000-$9,000. Condition dictates price and that is a reason to have a
            civil war. It has been handed down through the generations since he was   professional opinion as to originality. I am guessing our ancestor’s name
            killed in the war at Suffolk, VA. on Jan. 30, 1863, at the age of 29.    is not found on the gun or casing. That identity would add more value.
            When my father received it, he had it restored and it is complete with all
            allied equipment in the original box. I would appreciate an estimate of its   Right,“U.S.” government ownership
                                                                                    markings are found on surplus
            value. – Herb                                                      civilian market navies, also. Note the
                                                                                inspector’s initials “V” on the trigger
            JS:  Herb, your Colt model 1851 Navy revolver appears to be in     guard and “C” on the cylinder behind
            beautiful condition retaining most of its original blue and case-                the serial number.
            colored finish.
               I would need to see the revolver in person to give a definitive
            opinion of originality, but I would be surprised if the restoration your
            father had performed involved the metal portions of this gun. Based                                Left, very crisp rolled cylinder “naval
            on its serial number, 79057, it was made in 1857. The U.S. Army                                    battle” scene and a strong original blue
            contracted for many guns to be made in this serial range and all were                              finish. The military sub-inspection
            noted by the small “US” on the left side of the frame and the                                      initial “S” on top of the barrel is not
                                                                                                               normally found on civilian market
            small stamped sub-inspector letters on various parts. The grips would                              revolvers.
            have also been inspected with a final inspection cartouche if it was for
            the military.
               Army-purchased “navies” were not cased. Most likely (if all original)   Right, grips appear varnished, not oil-finished and
            this revolver was made for the civilian market given the uninspected           inspected with no military cartouche.
            varnished walnut grips and silver-plated grip frame. Military and     The trigger guard is silver-plated which was not done
            civilian blue finishes are different but difficult to tell from photos.                    on military revolvers.
               Samuel Colt was frugal and extra parts were often used on civilian-
            issue guns. Surplus military parts are often observed on revolvers sold   Below, Colt Model 1851 Navy revolver in
            in the civilian market, especially navies. The compartmented purple        a display case, $7,000-$9,000.
            velvet-like lined casing appears to be original also. The pack of
            cartridges with string ties, loose bullets, and round caps box all appear
            contemporary to the gun and probably original. The flask is not a Colt
            flask, wrong size and has been added.
               Hopefully, the only restoration your father did was to add compo-
            nents to the casing and did nothing to the gun itself. Colt percussion
            navy revolvers are not rare – over 200,000 were made. Revolvers
            without presentations or special histories are valued based on their
            condition. An average example in this serial range complete and
            original grading by NRA antique standards “good” is valued at $800-
            $1,200. Your gun appears to grade NRA “excellent” and is valued at



                        John Sexton is an independent appraiser and expert on Civil War memorabilia. He is an accredited member of various appraiser
                        organizations. He can be contacted at 770-329-4984. If you have a Civil War item for him to appraise, email a photo and a
                        description to him at: jsextonatlcom.ne@mindspring.com.


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