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

Us Army 250 Th Part 3 1
Us Army 250 Th Part 3 1

250 Years of the U.S. Army: Bolt-Actions & Semi-Automatics on the Battlefield

In just a few decades, the U.S. Army would see itself go from a single-shot, blackpowder design in the form of the Trapdoor Springfield to a modern, semi-automatic fighting rifle in the M1 Garand.

Modernized & Economical Muzzleloaders: The CVA Optima XP & XP-SB

CVA's longest-lasting muzzleloader design, the Optima, has been updated in 2026 with "modern ergonomics and modularity."

MidwayUSA Awards $7.5 Million in Cash Grants to Support Youth Shooting Teams

MidwayUSA Foundation recently announced that it concluded its most recent grant cycle, which resulted in a total payout of more than $7.5 million to youth shooting teams and organizations nationwide.

The Constitutional Concealed Carry Reciprocity Act is on the Move

The story of American freedom, now almost 250 years on since delegates to the Second Continental Congress signed the Declaration of Independence, leads irrevocably to the Constitutional Concealed Carry Reciprocity Act.

Mixing & Matching Gun Parts: What’s The Catch?

How would one about verifying that parts from one gun would fit and function on another of the same make and model? What about aftermarket parts sold as replacement parts for hard-to-get original parts?

U.S. Army & Navy Award FN a $9.9 Million Contract for Machine Guns

FN America has been awarded a $9.9 million contract to supply the U.S. Army and U.S. Navy with FN M240B machine guns, continuing the supply of FN America’s longest-standing military weapons platform.

Interests



Get the best of American Rifleman delivered to your inbox.