DALLAS, TX.- The finest known surviving example of Samuel Colt’s first revolver – the Cased and Shell Carved Ivory-gripped Texas or Holster Model Paterson Revolver with 9-inch Barrel and Attached Loading Lever – produced by the legendary gunsmith in Paterson, N.J. in 1836, is expected to realize $700,000+ when it comes to auction as part of The Cali Collection, offered in Greg Martin Auctions/Heritage Auctions‘ Sept. 18 Signature(r) Arms & Armor Auction. “In terms of desirability and historical importance, this one has it all,” said Greg Martin, President of Arms & Armor Auctions at Greg Martin Auctions/Heritage Auctions. “Maybe 3,000 of these were made, with very few survivors, and certainly none that even begins to approach the condition of this one.” When this revolver was sold by the Far West Hobby Shop in 1938, for the then-exorbitant price of $1,650, this is what they had to say about this storied gun: “Every fa