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S&W Revolvers: 1980 to the Present All NON-PINNED Barrels, the L-Frames, and the New Era Revolvers


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  #1  
Old 03-09-2009, 08:27 AM
daa9mm daa9mm is offline
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I've been buying used S&W revolvers for a little over a year now. I've seen prices go up tremendously in that time and now they seem to be dropping in price because they are not selling in gun shops around my area.
Are they dropping because the election panic is over or because there is less money available to buy them?
Or a combination of both?
Thanks
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Old 03-09-2009, 08:27 AM
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I've been buying used S&W revolvers for a little over a year now. I've seen prices go up tremendously in that time and now they seem to be dropping in price because they are not selling in gun shops around my area.
Are they dropping because the election panic is over or because there is less money available to buy them?
Or a combination of both?
Thanks
  #3  
Old 03-09-2009, 08:32 AM
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Haven't seen them drop one wit in my area................Central Florida.
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Old 03-09-2009, 08:51 AM
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I have only seen them go up in the past couple of years. where are you located? I may have to take a shopping trip?
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Old 03-09-2009, 08:57 AM
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No.
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Old 03-09-2009, 09:38 AM
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The S&Ws I've been tracking have all increased in price. Some more or less keeping pace with inflation, others appreciating faster than inflation, like the 547s, 686 2-1/2" Bbl, 686 Mountain Gun, 617 4" Bbl.
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Old 03-09-2009, 09:43 AM
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I think those that have them for sale, are holding on to the bitter end on their prices. I have noticed and commented to my wife several times lately, that here on the forum, I have seen several 28-2's in the past few weeks for sale for quite a while. Back at Christmas time and on up to the election, they would have sold almost immediately. Now they are sitting on the forum and the owners are even lowering their prices.

It's just my observation, but I watch the forum prices pretty closely, as well as a several off forum sites.
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Old 03-09-2009, 09:49 AM
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Everyone is spending all their money of black rifles and ammo right now. The S&W market, where I am, has slowed a bit but prices haven't changed that much.
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Old 03-09-2009, 09:53 AM
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In the area where I live S&W's seem to bring a premium and are scarce on the used market, That is something nice. I looked for some time for a used model 13 well I found one that was tight, timing in, though the finish about 90% due to not seeing many I went with it 300.00 +
Its a smith!!! the days of a 175.00 police trade in seem long gone.
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Old 03-09-2009, 10:16 AM
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In my area any thing smith other than the Model 10's seem to be holding their value or going up, they are selling so fast that the dealer I frequent has quit putting them on the website, they are gone before he can get them there. The model 10's are pretty low priced but I think that is because that dealer just bought about 100 of them that look pretty rough with holster wear so he has them priced to move.

Around here the real bargains right now are in shotguns, it seems everyone is trading their shotguns in for handguns and assaults. That same dealer has 3 extra aisle of used shotguns, that is a 300% increase in used shotguns since he normally has 1 aisle and he now has 4.
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Old 03-09-2009, 10:22 AM
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Not that I have seen. In fact, I've notice the prices going up.
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Old 03-09-2009, 02:07 PM
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Quote:
Everyone is spending all their money of black rifles and ammo right now. The S&W market, where I am, has slowed a bit but prices haven't changed that much.
This is what I see here in NC Indiana. There is also a lot of money being spent on components. Prices on most S&Ws are as high as ever, but without a lot of activity. The would-be sellers aren't budging just yet. The models that are not in such high demand (i.e., anything that I am NOT interested in ) seem to be starting to creep back just a bit, but you still see screwy prices on old junker Model 10s. This is nothing new. It is just that the screwy prices on the old junker Model 10s are higher than they used to be. This type of seller disconnect never goes away.
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Old 03-09-2009, 05:30 PM
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We've never really defined the proper terms here, but one that applies are "collector grade" or "Investment grade". To me they seem a bit different. With significantly more rarity attached to the investment guns.

But what I'm trying to get to is the idea that the cream of the corp guns have skyrocketed in price. They don't just remain there, they are accelerating upward. The collector grade guns, the ones in great condition, often described as "As new in box", still command the same lofty prices. Then we have the prewar guns which took a huge leap a while back. Those, even the common guns in nice shape aren't easy to locate, and when you do, you throw down a bundle.

Just which S&Ws are going down in price? Maybe the red headed stepchild? Those always used to be the Victory models, followed by the M10s no one wanted. Seen any in good shape for less than $400 recently? I remember when street sales here in KY were thick with corroded ones or cut down barrel guns for under $100. We're not talking 20 years ago, we're talking 10 years ago.

Hint: M&Ps are doing better than your 401k, and surely better than your bank stocks, automotive stocks, not to mention Enron, Worldcomm, or the other, formerly great investments, Fanny and Freddie. Sorry if you owned any of those star performers. An as new in box prewar k22 has some appeal.
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Old 03-09-2009, 06:26 PM
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Dick any gun is doing better then the stock market right now.
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Old 03-09-2009, 06:49 PM
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In my little part of the world, they are going up. I don't see any decline in prices at all.
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Old 03-09-2009, 06:56 PM
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Whether prices have peaked or not, they will peak and then, decline. There has been obvious panic buying after the election. But, that type of surge in demand will end eventually. And, like every other bubble, the bubble for guns will pop, probably when we least expect it to.

What will bring the prices down? Three things: (1) oversupply, as manufacturers gear up their production and distribution to meet anticipated demand; (2) a dropoff in demand as customers buy what they want/need and cease buying; (3) prices that exceed what customers are willing to pay. On that last point the poor performance of the economony generally will inevitably affect what people can afford to buy.

My last point is purely anecdotal. I've noticed recently, that on Gunbroker, sellers are demanding astronomical prices for what they're offering. But, I've also noticed that very little (aside from the no reserve guns) is selling. That suggests to me that the market for guns -- sort of like the market for houses a couple of years ago -- is overdue for a correction. I've also noticed that my local gun store, which carries guns on consignment, has had several sitting in their display cases for weeks now that I expect would have sold quickly had the sellers been more reasonable in terms of what they're demanding.

Personally, I'm holding off making any purchases 'til summer. My guess is that, by then, the market will have cooled considerably.
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Old 03-09-2009, 09:00 PM
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I would guess that the market for sales will at least hold steady until everyone sees just what type of legislation the annointed one passes.
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Old 03-10-2009, 12:33 PM
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I've seen the same revolvers sitting in the used gun displays now for several weeks. They have marked prices down some, but not much. When asked for their best price, they don't negotiate. One dealer told me he didn't have many used guns in inventory and wanted to hang onto them. I told him he would at the price he had them marked.
I do believe they will come down as the sale of the older used revolvers seems to have slowed considerably in central Oklahoma.
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Old 03-10-2009, 01:35 PM
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Right now anything "tactical" seems to be all the rage. ARs, Glocks, "riot" shotguns, that sort of thing. I don't see as many revolvers being sold right now, although finding the J-frame 38/357s is currently a bit tricky. I reckon they fall into the "tactical" category somewhat.

We don't have a lot of used S&Ws show up around here, just when there's a gun-show in town.....and we only get maybe three or four of those a year. I think one is coming later this month and I'm in the mood to buy something, think I'll look around and see if there are any bargains, although you rarely find those at gun-shows I've noticed.
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Old 03-10-2009, 02:06 PM
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I'll tell ya what I've noted lately in S.C.,prices seem to be rising on everything!Gun shows?Forget about it.About the only thing I've got any deal at all on is reload ammo at the gun show,$12.50 for 45acp,$11.50 for 38spcl,50 rnd bags.Not bad! I got 300 rnds that day,wish I had more $ to blow! Jim
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Old 03-10-2009, 02:22 PM
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I really haven't seen a drop in prices locally or a slowing down in purchases. Most of the pawn shops around here are asking top dollar and the gun and they are flying off of their shelves. I've seen some slowing down on Gunbroker (prices always at the top end) and here in the forum classified.

I personally think that the gun market will slow down in the near future as the surge of gun buys by new owners fills up the void. I think black rifles and high cap semi auto's will stay hot for a while.
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Old 03-10-2009, 03:31 PM
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Quote:
Originally posted by Revolver_King:
Dick any gun is doing better then the stock market right now.
My dog is doing better than the stock market right now
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Old 03-10-2009, 05:49 PM
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Before this past holiday, i saw a NIB PC327 with everything from the factory( even the warrenty and unopened the fired empty shell casing) for sell at my local gunshop for $899, I played with the gun and love it but i thought it was too much $, it sat there for three month, i just bought her home 3 weeks ago for $775 OTD. Yes, the market has cooled somewhat.
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Old 03-11-2009, 06:03 PM
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No decline in prices of S&W shooters seen in western Kentucky shops.

Revolvers that had been in stock for some months are now selling at the older marked prices - without any discounts.

Strong sales at Hopkinsville show weekend before last. Attendees were BUYING!



Bekeart
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Old 03-11-2009, 06:16 PM
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Quote:
Originally posted by rburg:
We've never really defined the proper terms here, but one that applies are "collector grade" or "Investment grade". To me they seem a bit different. With significantly more rarity attached to the investment guns.

But what I'm trying to get to is the idea that the cream of the corp guns have skyrocketed in price. They don't just remain there, they are accelerating upward. The collector grade guns, the ones in great condition, often described as "As new in box", still command the same lofty prices. Then we have the prewar guns which took a huge leap a while back. Those, even the common guns in nice shape aren't easy to locate, and when you do, you throw down a bundle.

Just which S&Ws are going down in price? Maybe the red headed stepchild? Those always used to be the Victory models, followed by the M10s no one wanted. Seen any in good shape for less than $400 recently? I remember when street sales here in KY were thick with corroded ones or cut down barrel guns for under $100. We're not talking 20 years ago, we're talking 10 years ago.

Hint: M&Ps are doing better than your 401k, and surely better than your bank stocks, automotive stocks, not to mention Enron, Worldcomm, or the other, formerly great investments, Fanny and Freddie. Sorry if you owned any of those star performers. An as new in box prewar k22 has some appeal.
Dick is right, my money that I have paid for my collection has doubled, there no bank doing that .
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Old 03-11-2009, 06:23 PM
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Quote:
Originally posted by Photoman44:
Everyone is spending all their money of black rifles and ammo right now. The S&W market, where I am, has slowed a bit but prices haven't changed that much.
ditto.....that's been the trend around here. black rifles, pistols, high caps, and ammo....not so much S&W revolvers lately. I have seen some drop in prices but it seems a little more lack of interest. I know money is tight for lots of folks as well, but the gun shows are still packed.
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Old 03-12-2009, 10:24 AM
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If and when they do in my area, I will be buying some more guns.
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Old 03-12-2009, 01:49 PM
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Quote:
Originally posted by Photoman44:
Everyone is spending all their money of black rifles and ammo right now. The S&W market, where I am, has slowed a bit but prices haven't changed that much.
+1 from the same state. My observation is that S&W prices went up in 2007 to mid-2008 and have stayed put.
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Old 03-15-2009, 07:09 PM
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No ! A dealer here in E. KY told me he can't get
pistols Smith & Wesson, or otherwise, nor handgun ammo either. Used prices are fairly prohibitive.
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Old 03-15-2009, 07:21 PM
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At the OGCA show this weekend, S&W's were very high. $700-1000 for any N-Frame, K-Frames $500-750. There were many "mark downs" on Sunday, so I think that means nothing sold on Saturday. Didn't seem to be moving at the new "low" price either. I went with a significant budget to bring home some S&W's home with me. I returned empty handed. I did spend some money on a rifle.
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Old 06-03-2021, 12:18 PM
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A very clean M19-3 blued 4inch barrel with Rosewood grips and the box sold on Gunbroker this week for $1525. Add sales tax and shipping and you have $1650 or so in it. On the opposite end of the spectrum was a M19-4 Nickel also a 4 inch barrel with some scratches but a nice gun all the same was at $899 with no bids.
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Old 06-03-2021, 01:22 PM
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They have gone up about 50-60% in my area, and I haven't seen them come down yet. ****** beat up model 36's running around $600-700 when they were $299-399 a year and a half ago. Other models like 617 and older .38 specials like model 15's seem to have gone up from like $599-699 or $799 or $999 for average models.

I haven't seen them come down yet
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Old 06-03-2021, 02:07 PM
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Did you see this thread is from 2009?
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Old 06-03-2021, 02:13 PM
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Quote:
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Dick any gun is doing better then the stock market right now.
I’m up around +36K YTD in the market i wish i had the guns to match it lol
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Old 06-03-2021, 03:31 PM
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Haha, I started reading and about fell over when I read the $175.00 police trade ins were gone. I started way late...
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Old 06-03-2021, 07:15 PM
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When you say used Smith and Wesson revolver to most of us we think pre lock and pinned barrel. You may be thinking of a used but relatively new revolver. The revolvers made before 1982 are only gonna go up. The newer ones will rise with the rate of inflation.
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Old 06-03-2021, 07:43 PM
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I sold my (nib) Chief Special .38 no dash stainless on here about 3yrs ago to a Forum Member for like $650.00

I missed it so much I called him back about 12 mos ago. and he told me it was still in his safe & un-fired and new in the box still.

Asked me if I could give him some profit. I told him sure. I got it back for like..$850.00 I was so happy still am. Lol!!!

I am seeing same model 60 like mine (nib) with docs go for like near $1400.

Best move I ever made. I bought it new in 1987.
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Old 06-03-2021, 07:44 PM
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I just bought a really, really nice 64-4 (2", RB) for $650............you tell me.
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Old 06-03-2021, 07:57 PM
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Well, I should of clarified. What I meant was that.."Collector Quality Smiths" with documents are "breaking the bank".

Just like "Collector Cars"...also different sections of the country will have somewhat different price variations.
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Old 06-03-2021, 07:59 PM
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Well, I should of clarified. What I meant was that.."Collector Quality Smiths" with documents are "breaking the bank".

Just seems like "collectibles" from guns to cars to antiques are all bringing higher prices. Of course condition is the key.
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Old 06-03-2021, 09:54 PM
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The P&R magnums are going nuts. The rimfires have been high for some time, long before the current craziness. No one, not even S&W, makes a heirloom quality rimfire revolver.

You can still get awesome deals on .38s and older non-magnums. I just took possession of a nice shooter-grade 1917 for less than 9 bills, and its competition was a Colt 1917 that sold for just over $600.
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Old 06-03-2021, 10:28 PM
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When this thread started in 2009 and prices today fun read

March 2009
'' I looked for some time for a used model 13 well I found one that was tight, timing in, though the finish about 90% due to not seeing many I went with it 300.00 +" Today you can't find a used one for $600

''a NIB PC327 with everything from the factory( even the warrenty and unopened the fired empty shell casing) for sell at my local gunshop for $899, I played with the gun and love it but i thought it was too much $.'' Try over $1200 now

Mean while in the bargain section I just won a cosmetically challenged 1902 I frame 32S&W long that should be a fifth change from in the 19eens for $200.
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Old 06-04-2021, 05:24 AM
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There is no reason to bring back a thread from 2009 from the abyss.
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