Designed in 1848, the Colt Dragoon was an improvement to the Colt Walker. 16477 is a third model Dragoon made circa 1857. It was engraved by Gustave Young with lush floral scrolls and a few animal heads, in the signature profuse style of this artist between 1852 and 1869. Other revolvers in the same series of numbers have been used by Colt as presentation arms.
16477 was inscribed in the name of Colonel P.M. Milliken, a likely intentional misspelling for Millikin. A colonel during the Spanish-American War of 1898, Paul Minor Millikin had inherited this item from his father John Minor Millikin, a colonel of the Union Army killed in action in 1862 while preventing the Confederates from taking a supply train.
A native of rural Ohio, John Minor had been known as an accomplished rider and swordsman. In the year of his death, his position as an officer had been twice challenged. The purchase by him of such a top luxury firearm seems unlikely. A posthumous presentation for his ultimate act of heroism is however not documented.
SOLD for $ 1.45M before fees