Hey all,
I'm wondering what the real world value is of a decent (not safe queen) condition P&R Model 58 .41 Magnum. I've seen some auction sites that want Bizarro World money for even rough ones. I'd like to make a bit of a light project out of prettying up an older one that's seen some serious duty use, not a full blown restoration or anything. But for well over a grand, it seems a bit much.

Thoughts?

Last one I tried to buy, back in the good 'ol days, you know, when there use to be gun shows, guy wanted $900. Gun was in good condition with correct stocks. I offered $800 but he wouldn't come off the $900. I think you should still be able to find one showing wear, maybe with incorrect grips, around $800, maybe less. Don't see them locally all that often though. Good luck.

Jeff
SWCA #1457

You get in $900 range you are in m57 territory.

A decent Model 58 should be in the $800-$850 range. That’s what I paid five years ago or so and was happy to find one. They are not all that common in FL. Good luck!

My currect 58 was purchased off Gunbroker by a fella who wanted it to trade me for mine. Nickel shipped in 1965 wearing incorrect stocks (58 had its own stocks). He bid $850 starting price and nobody else bid. I see them in the $800-$1,000 range. To me missing proper 58 stocks is a big deal on value as finding the right ones is a bear.

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No life story has happy end.

You're right about the stocks. Mine came with Pachs. I have to correct stocks on mine now, thanks to another Forum Member, but they came off a Model 520.

Attached Images

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I paid around $750 for one that was reblued. If it wasn’t such an uncommon gun I probably would have passed. I haven’t seen one before or since

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-Matt

I agree with the $750-850 range, depending on condition for an N-prefix serial. If it is an S-prefix serial, I’d add $150 or so. I picked up a decent shooter grade (95%) S-serial M58 at the Lakeland gun show in January. The asking price was $950, but I traded him straight across for an M57 6” N-serial nickel gun that I bought a couple of years ago for $650. I don’t agree that M57’s are more desirable and command a higher price than M58’s. From what I’ve seen and from reading here on the forum, I think exactly the opposite is true. In my quest for an M58, I must have seen 10 M57’s for each M58 i saw. Here is my brace of .41’s

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USS Brewton FF1086
SWCA#3597

Good luck finding your Model 58. I've had mine for years and carried it during my LEO career.

I'd like to find a 4" Model 57 in order to round out my 41 Magnums.

Attached Images

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Keep your powder dry.

Which agency did you work for? I know more than a few carried it, like San Francisco, San Antonio and Amarillo (my father was an officer then when they carried it), but not sure who else did.

A certain McNairy County (Tn) Sheriff carried one too.

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USS Brewton FF1086
SWCA#3597

This S serial numbered shipped with TT, TH, and TS as per the factory letter. I believe the Cokes are original to the gun but the letter only states TS.
$1000 ain’t getting it.

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Sure you did

I have an S Model, but the TT, TH, and walnut TS were added, likely at the distributor to boost the price - my letter made me feel better about just shooting a nice revolver.

On the Riverton PD. We had to qualify with it before we could carry it and a few just couldn't handle the recoil, even with the mild police loads. Those that couldn't used the more common K Frame Smiths.

I think that for most officers it was a tad big and heavy, and to be honest and speaking as a former firearms training officer, the majority of officers were better off with a K Frame. I moved up to the 41 after discovering that the 357 wasn't all it was cracked up to be on the two way range.

I still shoot mine with cast 210 grain SWC cast bullets at about 800 fps. Shoots right to point of aim at 25 yards with the load.

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Keep your powder dry.

I'm always curious as what they are worth too.
I have a nice one shipped May 1978.
Mine is obviously worth a lot more than the prices I've seen posted here.
$1000 wouldn't even make a good starting bid.




My M-520 and M-58 both retain their original grips.

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Kenny
Endeavor to persevere.

I found a beat up M58 last year in a rural Utah pawn shop. I recall starting a thread about it here. Anywho, I paid around $465 for it. Significant holster wear and other assorted character scratches. Came with Pachmayer grips which I replaced with a set of equally beat up S&W combat grips from ebay. Other than too light of a trigger, it functions flawlessly.

TexasRaider, I'd be pleased to sell you this gun for what I put into it (i.e., gun + combat grips + inspected by my local smith= $700).