When it rains it pours. I stubbled upon this gun. It is a Model 27-2 Serial# S312xxx. 5 inch barrel. I think it is over valued, but I do not know by how much.

The seller wants $900 for it. Thoughts? It has wear at the muzzle and a few scratches on the cylinder. No pitting.

Your thoughts, and any idea as to age and value?

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Existimo ergo sum armis

I don't think that is a bad price for a nice S prefix 27-2, but the stocks are not original. They appear to be the kind that S&W is putting on their Classic series. If the gun is mechanically sound I would probably buy it, especially if the finish appears to be original.

I just picked up an early N prefix 5in with a little more wear and target stocks for $750 out the door. I had no problem with the price and would consider an S prefix to be worth $900 easily. This is my first shooter 5in and I can't understand why S&W didn't make more they are a perfect balance.

With correct stocks and 90% finish its a $900 to $1,100 revolver would be my guess. Of course you can always find a better deal somewhere.

I agree, but are they the correct grips?

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Existimo ergo sum armis

No. They are probably very recent production. The correct stocks would be diamond magnas with black washers.

As others have mentioned, it is very possible that the gun had non-diamond magnas. The serial number makes it late enough production.

So what does this do to the value of the gun? Without the proper grips is $900 too much?

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Existimo ergo sum armis

$900 for a 27 with no grips. A bit much for me, but I all ready have one.
But, Im frugal.

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Mike 2796
SoFo Bunch member

I'd walk...... the original grips will set you back several hundred I'm guessing. You might look in the WTS ads here to see if any are available & how much they want for them... If none are listed here, look on Ebay as a last resort.

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be safe,enjoylife,journey well

Are you sure that late an S prefix would have diamond grips.

I think your 27-2 is too late for diamond center stocks. The ones on it do not appear original. I think it is a good hundred high but if you want it, it's just a hundred...

Per the SCSW:
1968-1969 S305000-329999
Diamond stocks/grips were eliminated 1969.
It seems possible the original stocks/grips for this gun could have been either way, either diamond center or not, but more than likely did not have diamond centers. Regardless I'll add to the chorus pointing out the stocks pictured are not original to the gun.

$900 isn't ridiculous. I can imagine a $900 price tag in a retail store. For me this gun is a bit high in price as it is but if it had original stocks the $900 price might seem reasonable.

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Scoundrel & Ne'er-Do-Well

My local Cabela's had an S serial M-27-2, 5" barrel and perfect diamond target grips at $999 - It didn't last a day.

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Living a dream - S&WCA #2364

I guess I'm weird about 5in 27s. I have only come across 3 in my life and they all are mine. A pre 27, a 27-2 that is dead mint with box and the last one I just got. Everyone is different or maybe I just haven't been in the right place at the right time. Just stick a set of magnas on it and call it good.

Let's not forget that C Broad Areow lives in Canada, and that may pose a different environment affecting gun value that what we are used to here in the states, which even here, varies from state to state.

Best Regards, Les

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SWCA 3084, SWHF 495, PGCA 3064

First, the gun in question is not a collector grade revolver, so do perfect era grips really matter? Second $900.00 is not chump change, but it's not a slug of cash either. Finally, what will a 5" M-27 worth by the time the O/P can find one that meets everyone else approves of?

Sounds like he wants a good solid shooter grade revolver, and I think he's found one.

O/P if you want this one and can afford it, go for it.

The five inch is my second favorite barrel length on the 27 and one of the few I've never found. The price is a bit more than I'd hope to spend, but I can almost guarantee if I had that in my hand I'd buy it. Some people will walk away over a difference of twenty bucks, because that's just who they are. I'm not one of those people. Life's too short for that kind of nit pickery. I'm fairly certain I'd decide I'd enjoy the gun more than the money. The grips aren't an enhancement to the value of the piece, as I'm fairly certain they aren't genuine factory grips. The checkering is for s**t.

I have one with about a 3000 lower serial number that is one fine gun. When I look at a gun of this vintage, I will be interested in the overall appearance, turn line, cylinder notch integrity, timing, trigger pull, etc. If I think it is all good, then I worry about the money. If it is priced higher than I think it should be, I have to figure if I want to spend the money for the quality of gun this is. Soo, although it may be priced a little high, what is the quality of the gun, and also the probability of finding one in similar condition without spending a lot of money looking. Oh yeah, it also depends on whether I have any money or not!

Good luck with your decision.

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Richard Gillespie
FBINA 102

The seller found the original grips and has agreed to throw them in. But it is apparent why the grips were changed. I doubt these can be repaired.

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Existimo ergo sum armis

DWFan here on the forum can do magical things. Check with him.

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Eccentric old coot

Maybe it's just me, but I'd rather have the original grips, with a decent repair, than the aftermarket or whatever those ones are that are shown in post #1... And they don't really look like Altamonts to me anyway.

If I were you, C Broad Arrow, I'd go for it. How many have you seen for sale? Here in the states, where there are presumably more of them to start with, I have never even seen one.

If I saw the same gun, with the original stocks, even in the condition that you show, at the price that you quote, I'd buy. Well, if I had the money at the time, anyway.

Best Regards, Les

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SWCA 3084, SWHF 495, PGCA 3064

By any chance, are the original grips numbered to the revolver?

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John 3:16
WAR EAGLE!

My .02 cents: I really almost never see the 5" 27s of any era. I say almost because about a month ago I was traveling for work and found a nickel 27-2 (along with a 1935 RM) with 3 Ts, excellent condition with no box or docs, @ $1275 shipped. I bought it without hesitation.
I would pounce on the S serial gun you are interested in, and get the original stocks repaired. $900 is nothing compared to never seeing another one.
I've seen lots of pics of DWFAN's repair work, and it's nothing short of phenomenal.

Sent from my XT1585 using Tapatalk

Sort of leaning in that direction.

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Existimo ergo sum armis

I am waiting for the answer from the seller.

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Existimo ergo sum armis

They checked the grips. One side has the gun's serial number without the prefix S. The other side is not numbered.

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Existimo ergo sum armis

That's the way it's supposed to be. The serial should be on the right hand stock (or grip) only. Sounds like you have authentic stocks. I think with a little tender loving care, those can be rehabilitated (DWFAN??) and you will have a really nice, very hard to find Smith.....should you choose to buy, which I would in a heartbeat.

Best Regards, Les

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SWCA 3084, SWHF 495, PGCA 3064

This is going to be a shooter correct? Then buy it as is and find some comfortable grips that you like. Muzzle wear and scratches on the cylinder do not make for a collector's piece. This going to be your gun, so make it YOUR gun.

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USMC 69-93 Combat Pistol Inst.

Never mind. I just saw the later post about the original grips. Buy the gun.

Back in the 70's I sold a Model 27 K frame with a 6in barrel with a blued finish. Just wondering what it would be worth. Sorry I sold it.

Sent from my SM-G900V using Tapatalk

The M27 was built on the N frame.

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John 3:16
WAR EAGLE!