The Colt Model 1849 Pocket Revolver derived from the Paterson model, but was meant to be more transportable and efficient.
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It was also the most extensively produced percussion pistol Colt ever made. The Model 1849 was very well-made and reliable which made it very famous. What made this precise model so exclusive was the fact it was inlaid with precious gold. The attractive craftsmanship shown on this Model 1849 began the price to skyrocket, taking in $1.1 million dollars.