588 of 1000 Colt Python & Officers ACP Double Diamond 150th Anniversary Set

SOLD FOR: $8585

LSB#: 230727HE011, 230727HE012

Make: Colt

Model: Double Diamond Officer’s Model & Python

Serial Number: Officer’s Model: 0588DD / Python: DD0588

Year of Manufacture: 1986

Caliber: Officer’s Model: .45 ACP / Python: .38 Special and .357 Magnum

Action Type: Officer’s Model: Single Action Semi-Automatic with Removable Magazine / Python: Single and Double Action Revolver with Swing-Out Cylinder

Markings: Officer’s Model: The left side of the slide is marked “Double Diamond”, “COLT / 150”, “45 AUTOMATIC” and with double diamonds. The right side of the slide is marked “COLT OFFICER’S ACP”. The right side of the frame is marked “COLT’S PT. F.A. MFG. CO. HARTFORD, CONN. U.S.A.” and “0588DD”. The barrel is marked “-COLT 45 AUTO-”. The left side of the trigger guard is marked “VP” in triangle and “Y”, the right side of the trigger guard is marked “Z”.
Python: The left side of the barrel is marked “DOUBLE DIAMOND”, “COLT / 150”, “.357 MAGNUM CTG.”, and with double diamonds. The crane and the crane cut are marked “DD0588”. The right side of the barrel is marked “COLT’S PT. F.A. MFG. CO. HARTFORD, CONN. U.S.A.” The left side of the trigger guard is marked with a “VP” in a triangle at the front and a “G” at the back. The ejector rod cut of the underlug is marked “S”.

Barrel Length: Officers Model: 3 1/2″, Python: 6″

Sights / Optics: Officer’s Model: The front sight is ramped blade a recessed white dot that is fixed to the slide. The rear sight is a square notch with two white dots and is dovetailed into the slide. The top of the slide is matte gray finish to reduce glare.
Python: The front side is a serrated red ramp pinned to the barrel. The rear sight is a target-style adjustable for windage and elevation. It has a white outline insert and is adjustable for windage and elevation. The top of the barrel and frame have a gray matte finish.

Stock Configuration & Condition: The grips on both models are smooth wood with Rampant Colt 150 medallions.
Officer’s Model: There are a few little light handling marks, there are no chips or cracks. The grips rate in about Excellent condition.
Python: The grips have no notable wear or damage, only light handling marks. There are no chips or cracks. The grips rate in Excellent condition.

Type of Finish: Bright Stainless Steel

Finish Originality: Original

Bore Condition: The bore on both handguns is bright, with sharp rifling. There is no erosion in either bore. In this writer’s opinion, the bores rate 10 out of 10.

Overall Condition: Officer’s Model: This handgun retains about 98% of its metal finish. There are a few little scuffs and a couple of spots of discoloration in the left slide serrations that are hardly noticeable. The action shows very minor operational wear. The screw heads are sharp, and the markings are clear. Overall, this handgun rates in Excellent condition.
Python: This handgun retains about 98% of its metal finish. There are a few little scuffs and minor handling marks. The action has minor operational wear with a thin, faint turn-line on the cylinder. The screw heads are sharp. The markings are clear. Overall, this handgun rates in Excellent condition.

Mechanics: The actions function correctly. We did not fire these handguns. As with all used firearms, a thorough cleaning may be required to meet your maintenance standards.

Box, Paperwork & Accessories: The Officer’s Model comes with a 6 round Colt magazine. Each gun comes with a maroon colored cardboard Colt box with serial-matching label, two-piece styrofoam inserts and an assortment of factory paperwork including manual. The labels appear to be reproductions. This set comes in a cherry wood display case with a glass insert in the lid with the Colt logo (the logo is worn and incomplete). The case is lockable, the key is included. The inside of the case is lined with black velvet and has a blue and gold medallion marked with the Rampant Colt logo and “150 YEARS OF COLT CRAFTSMANSHIP 1836-1986”. Also included is a keyring with a miniature of the blue and gold medallion and a serial-matched Colt Double Diamond belt buckle.

Our Assessment: This is a very rare and collectible set of Colts. Only 1000 of these sets were manufactured in 1986, this is set number 588. The set was made for Colts 150th anniversary and is comprised of a 6″ Python and an Officers ACP compact 1911. The handguns both have a bright polished stainless finish, special double diamond markings, and smooth rosewood grips. These handguns both look to have seen little use and look great, especially when in their display case. In addition to the case, a medallion, medallion keyring, and serial-matched belt buckle round out the display accessories. They represent great value, and their stainless steel finish will probably still be looking bright and shiny decades from now. This is a can’t miss opportunity for the dedicated Colt collectors. Please see our photos and good luck!

Please forgive any typos, I was educated in California. -Bud

588 of 1000 Colt Python & Officers ACP Double Diamond 150th Anniversary Set
588 of 1000 Colt Python & Officers ACP Double Diamond 150th Anniversary Set