"This is a really great find! Very few original Patersons survived in such good shape. You'll be able to get $700,000 for this one."
- Fact 1: The Colt Paterson, named for its manufacturing site in Paterson, New Jersey, was the first commercially-available revolver in 1836.
- Fact 2: The Paterson orignally had no loading mechanism, forcing the user to partially disassemble the gun to reload. Models produced after 1839 integrated a loading lever and cap window, making it much more user-friendly.
- Fact 3: One of the Paterson's most striking features is its unique folding trigger, which only swung down into position when the gun was fully cocked.
- Fact 4: Popular legend (promoted by Colt himself) held that the Paterson's revolver design was inspired by the steering mechanism of a ship Colt took to Calcutta in 1830.
- Fact 5: Colt intended the Paterson for military use, but most militaries declared it too fragile for widespread use; the Texas Rangers became advocates of the gun, and Colt's later models saw great military success.