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  1. #1
    Senior Member whitecoyote is on a distinguished road

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    Arrow A Bankers Special

    Recently aquired an interesting Colt .38 Bankers Special.
    The only caliber marking on the Bankers Special is .38. I was told the caliber is .38 S&W. Would this be correct for the Colt? Or did Colt have their own Caliber designation?
    It's in nice shape, functions excellent, & lockes up tight. Does not appear to have been fired much.
    The grips are not original, and it appears to have been re-blued. Overall it's a nice revolver.
    The serial number (3746XX) dates it to 1936, per www.proofhouse.com.
    On the bottom of the grip frame is engraved "W.C.S. No.154". It is believed the Bankers Special was once in the firearms inventory of the Wayne County Sheriff Department. Wayne County (MI) encompasses Detroit, MI.
    Does anyone know how many Bankers Specials were manufactured?
    If you have a Bankers Special, post it here. I'm sure everyone would love to see it!





    Last edited by whitecoyote; 07-09-2010 at 03:50 PM.
    "Among the men who fought on Iwo Jima, uncommon valor was a common virtue."
    - Fleet Admiral Chester W. Nimitz, US Navy, 16 March 1945.

  2. #2
    Senior Member bmcgilvray is on a distinguished road

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    Hi Whitecoyote;

    The Forum is always enthusiastic about Banker's Special revolvers. It's great to see your new acquisition. It does appear to be refinished but it is a good-looking revolver in the nice, detailed photos. The marking on the butt adds interest in my view.

    The Banker's Special is chambered for the .38 Colt New Police and .38 S&W. Apparently the .38 Colt New Police is nothing more than the .38 S&W cartridge with some minor change to the bullet's shape. Someone will be along shortly to correct me if I'm wrong about that. It will also chamber and shoot .38 Short Colt with perfect satisfaction. I've shot several boxes of factory .38 Short Colt through my Banker's Special. I once put down a feral dog from fairly long yardage with a shot to the head using a factory .38 Short Colt in the Banker's Special. I was a bit surprised that it penetrated the skull. The load is puny. The .38 S&W is better. I think .38 S&W makes better sense than the .380 ACP. I like the heavier, soft lead bullet.

    Here's some scanned snapshots of my Banker's Special. Hopefully all the Forum Banker's Specials will make an appearance, including the .22s.




    I don't know the significance of the "DDG." The little revolver lettered to have shipped from Colt to the Tufts-Lyon company in Los Angeles on April 9,1932.

  3. #3
    Senior Member cda926 is on a distinguished road

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    I believe ,if I remember correctly, that W.C.S. is indeed the Wayne Co. Sheriff's Office in Michigan.

    That one is a very nice find!

    Mine is from the Railway Mail Service of the Post Office Department.





    Charles

  4. #4
    Senior Member kevin hines is on a distinguished road

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    Quote Originally Posted by bmcgilvray View Post
    ...... Apparently the .38 Colt New Police is nothing more than the .38 S&W cartridge with some minor change to the bullet's shape.
    .... It will also chamber and shoot .38 Short Colt with perfect satisfaction............
    Yeah, a flat point on the nose vs. a full round nose on the S&W ammo.

    Thirty-eight Colt Short/Long shells are slightly smaller in diameter than .38 S&W; Colt cases in S&W chambers could theoretically split.

  5. #5
    Supporting Member bayouboy is on a distinguished road
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    Here's a previous thread with fantastic information on the 38 Bankers Specials- it is worth reading SEVERAL TIMES.
    Bankers Special 38

    A pic of my Railway Mail Service gun:

    Res tantum valet quantum vendi potest.

  6. #6
    Senior Member moosedog is on a distinguished road

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    Thats a beauty John. Your going to have to bring that one over, I have ammo for it.

  7. #7
    Senior Member mike hudson is on a distinguished road

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    i agree with bryan 100 percent on the superiority of the .38 s&w to the .380 acp as a defensive round.

  8. #8
    Senior Member Wyatt Burp is on a distinguished road

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    Quote Originally Posted by kevin hines View Post
    Yeah, a flat point on the nose vs. a full round nose on the S&W ammo.

    Thirty-eight Colt Short/Long shells are slightly smaller in diameter than .38 S&W; Colt cases in S&W chambers could theoretically split.
    Kevin. Here's a box of that ammo you mentioned. I have two boxes of the stuff. Sorry to contaminate the thread with my chopped P.P. It's not a Bankers Special. It's a Loanshark's Special. A rare variation never cataloged.
    Another great short barred Colt you got there, Whitecoyote!
    Last edited by Wyatt Burp; 07-10-2010 at 05:29 AM.

  9. #9
    Senior Member EvenStephen is on a distinguished road

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    Quote Originally Posted by bmcgilvray View Post
    It does appear to be refinished...
    So I can learn, what makes you say that?
    Stephen

    NRA Benefactor

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  10. #10
    Supporting Member JudgeColt will become famous soon enough JudgeColt will become famous soon enough
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    A Colt factory finish from this era should have a blue satin texture, and there should be no "dishing out" around the screw holes. The original poster's gun is too shiny and black and there is some "dishing out" around the screw holes. It lacks "crispness." Look at the original examples posted later in the thread and the difference is obvious.


 

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