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hello and welcome to our boards,, i'll take a shot on this one ,,i'm not a colt collector but from the research i've done with your information heres what i've found ,,it sounds like you have a cililian single action army model made in 1881,,in 1883 colt used the hard rubber grips on the saa's up till around 1897.. they had an eagle with a sheild ,,after serial #165,000 they changed over to hard rubber grips also but the grips had the rampant colt on them,,so your pistol could be correct if they have the eagle and sheild ,,or they just may have been changed at some time for the more modern grips ,,in either event your colt is very valuable and you should either contact colt for more info or seek out a qualified antique firearm apprasier for insurance purposes ,,to give you some idea of values ..my 2008 books say for your model prices could be from 6,000 poor- 30,000 excellent but yours could fall anywhere in between or even possibly be higher,,just depending on the history behind it,,so it's worth investing in a colt letter of authenticity and the history behind it ,,your dad left you a very nice heirloom!!..
bigcurt
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