From the August 26, 2012, Chicago Tribune "Rock Island (Il) Auction Company's Premier Firearms Auction" full-page ad for their Sept 7-9 auction.
One of the items offered was estimated to go for $150,000 to $300,000. They had a picture of the U.S. Mail steamship Baltic and the presentation case. The notes read: "Magnificent historic Samuel Colt Presentation, Gustave Young Deluxe Engraved, Inscribed Cased Colt Model 1851 Navy Revolver Presented to Captain J.J. Comstock, Commander of the Historic Steamship Baltic."
I'd never heard of Comstock or the ship, so had to research some more.
From Wikipedia.
SS BALTIC (1850)
The SS Baltic was a wooden-hulled sidewheel steamer built in 1850 for the transAtlantic American Collins Line, designed specifically to challenge the British Cunard Line. The Baltic had three sister ships: Atlantic, Pacific and Arctic.
The Baltic's maiden voyage was Nov. 16, 1850. Refitted as a sailing ship in 1870, it was scrapped in 1880.
The ship was 282 feet long, with a 45-foot beam and weighed 2,723 tons.
Go, Boat, Go!! --Cooter
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