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Old 10-18-2009, 01:54 PM
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Default Model 32 .38 s&w need some help

Hello, I am new to this forum and I seek the wisdom of the community. I just traded for S&W model 32 .38 S&W. I am wondering what the value of this gun is. I payed $350.00 for the gun and it's in 90-95% condition.
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Old 10-18-2009, 02:40 PM
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Default Welcome to the forum

The Model 32's also known as the "Terrier" have kind of a cult following although they werent great sellers. I think you are in the ballpark.
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Old 10-18-2009, 03:00 PM
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Welcome to the forum. I'm a bit confused. First you said that you traded for it and then you say you paid $350.00 for it. (a while back I paid $350.00 for a NIB 19-3 6" with all the bells and whistles from a local sporting goods chain). If you did trade for it, what was traded? did you get a fair deal or were you taken advantage of? While you may get several different values for the gun, without photos it would only be a "ballpark" figure. Most collectors want NIB (new in the box) or like new 98-99% condition). Unless you come across someone who is specifically into collecting these, It is only worth what someone is willing to pay, not what you want to get out of it. It is an obsolete gun in an equally obsolete caliber. If by some miracle you could find ammo for it and decide to shoot it, for heavens sake have it checked out first by a gunsmith. You don't want any gun blowing up in your face. I personally have a 2" nickel .38S&W that is only good for a paperweight, but I keep it because it belonged to my grandfather. But I don't actually use it for a paperweight. I'd like to put it in a case on the wall in his memory. -Ed.
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Last edited by ect1222t; 10-18-2009 at 03:10 PM. Reason: Addition
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Old 10-18-2009, 03:14 PM
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Sorry for the confusion. I traded a winchester 300 win mag that I paid $350.00 for. I have found that midway usa has all the ammo one would ever need for this gun. The gun is 90-95% condition with a shiny bore and crisp action, heavy checkered grips and minimum wear to the blueing. I have several other smith 38 rimless and 38 shorts so I thought this was a nice peice to collect since I had never seen one.. I thought I was about right putting $350.00 into it but, Since I have never seen one I just wanted to make sure.. Thanks for your help does anyone know when was this gun produced???
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Old 10-18-2009, 03:19 PM
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Default Serial number

Post part or all of your serial number and we can get you close
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Old 10-18-2009, 08:24 PM
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The gun is a model 32-1 and the serial is R643**. All help is greatly appreciated..I have some old top break smiths that I would love to get some oppinions on to.. One of them is a nickel plated rear saftey top break lemon squeezer That shoots 38 shorts.

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Old 10-18-2009, 11:17 PM
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Quote:
Originally Posted by carhauler8 View Post
The gun is a model 32-1 and the serial is R643**. All help is greatly appreciated..I have some old top break smiths that I would love to get some oppinions on to.. One of them is a nickel plated rear saftey top break lemon squeezer That shoots 38 shorts.

Mdl.32-1
1970-1973 R30001--R99999 maybe yours 1972,
discontinued in 1974

Dick
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Old 10-18-2009, 11:25 PM
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Thank you very much for the information.. I have also learned on here that my 38 short is a s&w new departure.
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Old 10-19-2009, 02:54 AM
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Forget my previous post. 1970-73, the gun is hardly broken in and would be safe to shoot. Still would like some photos to verify condition. What might be 90% to 95% to you might be 98% to 99% to someone else. It would have even more value if you had the original box for it. The collectors go crazy for guns with matching boxes. It could add 10% to 20% to the value of the gun. Even without the box, given age and condition, I'd say you did fairly well on the deal.
I honestly didn't know that anyone still made ammo for the .38 S&W cartridge. Well, no one has accused me of being smart lately. It never occured to me that Midway would have it, but hey, live and learn. But I still wouldn't shoot my grandfathers' .38 S&W, at least not much. I last shot it probably 40 years ago, and on the second shot the cylinder and crane fell out of the gun. I put it back together as best as I could and haven't done anything but look at it since. But with your gun, I'd ask some of the SWCA members if shooting it would detract from the value. Better safe than sorry. If they say it's OK to shoot it, then have fun! -Ed.
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