This is a historic Colt 1851 Navy which belonged to Lt. James Sherwin Stratton of the 12th New Jersey Volunteer Infantry.  Lt. Stratton joined the 12th New Jersey, August 14, 1862 as a Sergeant.  He was promoted to 2nd Lieutenant on June 3, 1863 and further promoted to 1st Lieutenant, February 4, 1864.  He was killed in action at Reams Station, Virginia on August 25, 1864.  Lt. Stratton apparently served as both a line officer and a Chaplain.  The gun is accompanied by a notarized affidavit from the gentleman who bought it from the family in 1996, as well as other historical research documents.  Sometime after the Civil War, somebody started to convert this gun to cartridge.  They drilled out the nipples, grooved the recoil shield and removed the loading lever.  They never finished the conversion.  The gun itself is all matching and the cylinder rotates but does not lock up.  The grips are sound with no repairs.  I have a repro lever, which I will throw in if someone would like to restore this gun.  It is certainly worth the effort.  Price $2,250.  Price Reduced $1,650!!  HOLD.