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The primary interesting fact about the Silver Pony is that it was the very first Nichols Industries cap pistol. Originally they were VERY cheap and mass produced. However, now they are quite hard to find.

They were not fancy at all and had very few moving parts. It was primarily a way for the Nichols bunch to get into the toy market. However, these days a Silver Pony that is in mint condition will command a very large price. A strange fact, considering that at one point there was a whole warehouse full of these and no one to buy them!





DON'T FORGET TO SEE THE OTHER CAP GUN BRANDS!
OTHER BRANDS OF CAP GUNS




A well preserved Silver Pony box. And look at the price! SIXTY NINE CENTS! I doubt if you could buy the box for 69 DOLLARS now. And is there a Silver Pony inside?
Ask Jamie Linford; it's his photo.


Original Silver Pony production began in the fall of 1946 with no plans for sales or distribution. As they began to produce at the Pasadena, Texas facility (close to Houston) trucks would just show up and pay cash for what toy guns they had. Each day there was more production and more trucks. One day no trucks showed up but they kept producing in hopes that the next day TWO trucks would show up. The next day—there was nothing and so on. Finally they spent all their money and had a building full of Silver Ponies with NO SALES! Then they realized Christmas was over. This began the sales and distribution effort of Nichols Industries during the spring. The country was starved for toys after WW II, with all production going to the war effort. As these were some of the first toys made in the Houston area after the War, sales allowed for maximum production till after that first Christmas.


The FIRST Nichols Cap Gun!
The left side
Right side
These are photos of #1 of #1.
The VERY FIRST Silver Pony off the production line
Please Click On Each Thumbnail For An Enlarged View!
These are scans of early advertisements in the Pasadena years.

Many thanks to
J. Harold Utley of the TGCA Newsletter
for these very rare photos

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At the bottom of every page is a Circle "N" Logo and when you click on it, it will take you back to the top of the page.


A Note On Chrome Plating

Early after the War there was a shortage of chrome. This also happened during the Korean war. Some of the early guns they made and shipped were copper-nickel plated which gives a tone that is not the silver look of copper-nickel-chrome. It has more of a very slightly yellow tint but still brilliant. All other guns produced were copper nickel chrome which is what the public almost always sees and later expected.

There were other shortages during the Korean war. Zinc was put on allocation. They went around to junk yards and found old carburetors and melted them down to be able to produce the guns.



A Very Unusual Silver Pony!
The left side
Right side
Here is a later version of the Silver Pony that was made with the plastic grips. I used to think that this was rare, but it is merely a re-vamping of the design in the latter Jacksonville years.
Please Click On Each Thumbnail For An Enlarged View!
CURRENT PRICE FOR THIS ITEM
DESCRIPTION MINT AVG.
Silver Pony (Late Version) $ 45-65 $ 20-35

If you see the standard "hand" on a pop-up graphic of a Cap Gun, then if you click on it, that pop-up window will close. A little more convenient.


I present this photo because it is interesting, not because it is "complete." This right side of the Silver Pony came from the first batch and shows the inside of this "first in the series" before parts were added. As stated, the Silver Pony was the "enabler" of the company, as it was Nichols Industries' first effort and gave them the experience to create the more advanced Cap Guns. — This is my "gun."


PRICES
(These prices are merely guidelines to help beginners. Experts don't need help!)
See PRICES for more info on guidelines.
DESCRIPTION MINT VALUES AVG. VALUES
Silver Pony $165-195 $80-120
Silver Pony w/ Box $325-375 $185-245

Visit the Dealers & Collectors from whom you can get these fine Nichols Cap Guns! (and other FINE TOYS!)
We will be happy to list toy shows and the like (free), if you will please send them to me at: .
Should you have some nice photos and/or some text, please send them to me at: .

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