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On a classified forum there are two revolvers for sale by same vendor. Both are listed as Pietta Colt 1851. However, one has a octagon barrel and the other round. I have what I believe is an 1860 that looks identical [except mine is nickel and gold with engraving] to the round barrel Colt repro. Do I have an 1860 or 1851?
 
Pietta can be a little "liberal" in what they call their revolvers. Generally, if it has an octagon barrel, it will be an 1851. A round barrel would be an 1860/1861, depending on caliber.

Again, what Pietta labels their revolver isn't necessarily what it is supposed to replicate, but the above guideline is accurate (except when it isn't). 😃
 
Having both types I can chime in here.
The 1851 Navy .36 caliber has an octagon barrel..
The 1861 .36 Navy caliber is the same round barrel revolver as the 1860 .44 Army caliber just a smaller bore and just a tad heavier, but with a real blade front sight. I don't have the guns at hand but I believe the 1861 Navy has a slightly smaller grip frame.
Both fun to shoot.
Respectfully
Bunk
 
The 1861 Navy has a smaller grip frame than the 1860 Army but otherwise looks a lot like it. It is essentially an 1851 navy frame with the new style. streamlined barrel.
 
Additionally . . .
I think the octagons use a simple “pivoting” loading lever . . . .while the round barrels use the “creeping” levers.
 
Soe dealers who don't really know much about black powder guns list round barreled guns such as the Griswold & Gunnison as 1851 navies because it's a term they're familiar with. I've even seen dragoons listed as such.
 
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