Thank you for contacting Mearto with your appraisal inquiry, and I apologize for the delay. The Smith and Wesson No. 2 revolver was a popular sidearm during the Civil War, and was often gifted in this manner. John. H. Ferrell is one of only 8 civilians to be presented the Medal of Honor. His official citation reads:

"The President of the United States of America, in the name of Congress, takes pleasure in presenting the Medal of Honor to Mr. John H. Ferrell, a United States Civilian, for extraordinary heroism in action on board the U.S. Monitor NEOSHO during the engagement with enemy batteries at Bells Mills, Cumberland River, near Nashville, Tennessee, 6 December 1864. Carrying out his duties courageously during the engagement, Civilian Pilot John Ferrell gallantly left the pilothouse after the flag and signal staffs of that vessel had been shot away and, taking the flag which was drooping over the wheelhouse, make it fast to the stump of the highest mast remaining although the ship was still under a heavy fire from the enemy."

This pistol and box are in very good condition, with some wear and handling marks present on the metal throughout, but no active corrosion. The grips are in excellent shape, and the inscription is perfectly legible. Given the condition of this piece, its provenance, and completed auctions of similar items, a fair market estimation for the pistol is 7,500-8,000 dollars. Please reach out with any questions.

Bo Stuck