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Old 09-25-2020, 01:05 PM
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Default Third Gen Prices

Like all other hanguns, 3rd Gen prices seem to have gone up during the China Flu.

A large volume store that I've bought most of my 3rd Gens from has recently listed some interesting guns for sale.

457 Stainless with 4 magazines $649.95
457 Box, holster 3 magazines 599.95
3914 with one magazine $524.95
3914 Lady Smith 2 magazines $499.95
4505 Box, 3 mags, ANIB $1499.95
There are also 1006, 1086, each over $1,200.00
908 and 915. The 915 is listed at $699.95 with 4 pre ban magazines. The 908 is listed at $599.95 with box and 2 magazines.

There is also a 539 listed at $799.95 with box, 2 mags, and original grips.

Of all of these, the only one I'd be interested in would be the 3914LS. That's if I didn't have a 3914NL already.

Prices seem pretty high to me, but it's probably a sign of the times.
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Old 09-25-2020, 01:15 PM
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Too rich for my blood.

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Old 09-25-2020, 01:57 PM
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Those prices are pretty close to what we have here. 3rd gen guns rarely show up so they demand a premium, especially if there's more then one mag.
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Old 09-25-2020, 03:47 PM
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Those are 'high'. 3rd Gen prices have been pretty stable here at the Ohio gun shows, even TSWs' don't seem as high as they should be.
We'll see at tomorrow's Akron gun show.
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Old 09-25-2020, 03:50 PM
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I paid $350.00 for a M457 around 15 years ago or so and I think I only got one magazine at the time. So the prices shown, with extra magazines, don't really surprise me much. The gun wound up with my law partner after he gave his .45 Para-Ord to his brother-in-law. I preferred my CS-45 so I was kind and let the 457 go. Dagnabit..........except I'd never have parted with the CS-45 and he needed a gun and, well, sigh........
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Old 09-25-2020, 04:09 PM
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It would pain me but, I’d buy the LS if the condition warranted.
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Old 09-25-2020, 04:45 PM
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Until recently you had a hard time getting any good money for common 3rd gen pistols. I would see 908's and like for $300 and never sell.

What a difference a fake virus makes. silly..
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Old 09-25-2020, 04:50 PM
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I would figure $450 would be a more fair price for a 3914 with one magazine. Same for a CS series.
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Old 09-25-2020, 06:53 PM
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I have an ANIB early production 3914. I think it's missing only the manual. It came with two magazines and even had the pre recall grips. I paid $450.00 for it two years or so ago.

I'm trying to sell it now on another forum and have it listed at $500.00. I've received several likes, but no bits yet.

I think an ANIB 3914LS would be worth about $500.00 just because they are so rare. One that is used and has no box is really just another early 3rd Gen and should be priced accordingly.

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I would figure $450 would be a more fair price for a 3914 with one magazine. Same for a CS series.
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Old 09-25-2020, 06:54 PM
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Gary, do you think the coronavirus is the real reason for the price increases? Maybe I'm missing the big picture here, but I think the reason for the price increases is the civil unrest we've seen over the past few months. It's interesting, though, that the prices have gotten to the LGS level and not just the national websites. Used to be that the local gun store was where you could find the best deals and values, but I think owners now make their pricing decisions based on what they see online.
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Old 09-25-2020, 07:09 PM
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Could be vigil. Lack of availability is some areas plus folks missing the all metal guns seeing 3rd Gens not produced anymore. Bet more are hanging onto them too. Online prices can be outta sight!!
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Old 09-25-2020, 07:18 PM
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That 4505 has real potential. But I consider myself an astute student of these pistols, so I’d be interested at $800 and less so if it’s got my buddy JohnHL’s favorite ugly rear sight!
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Old 09-25-2020, 07:24 PM
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Default I'll wait...

I'll wait for a slack period.
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Old 09-25-2020, 08:52 PM
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On a guess, both. They are sort of interrelated, but I'll stay away from that topic.

From what I see, many individuals make their pricing decision on what they think the market will bear.

I don't think that $500.00 is exorbitant for a 3914 in the condition that mine is in. Of course, the market will tell me that at some point.

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Gary, do you think the coronavirus is the real reason for the price increases? Maybe I'm missing the big picture here, but I think the reason for the price increases is the civil unrest we've seen over the past few months. It's interesting, though, that the prices have gotten to the LGS level and not just the national websites. Used to be that the local gun store was where you could find the best deals and values, but I think owners now make their pricing decisions based on what they see online.
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Old 09-25-2020, 08:57 PM
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Given that many of them showed up on line at this story over the past couple of days, it would seem that this is an estate sale. Those prices strike me as commission sale prices, set by whoever is administering the disposal of property.

I know that this shop has each gun in it's database with a minimum sale price that the seller will accept. Sales guys have mentioned it a couple of times in the past when I was looking at a used gun.

These guns could sit a while until the seller is convinced that they have priced the guns too high and agrees to a lower price.

All speculation on my part and none of them are on my very, very, short 3rd Gen want list, so my interest is academic.

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Could be vigil. Lack of availability is some areas plus folks missing the all metal guns seeing 3rd Gens not produced anymore. Bet more are hanging onto them too. Online prices can be outta sight!!
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Old 09-26-2020, 09:58 PM
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Yes, the stores with third gen shelves are mostly empty, but the prices of those available have roughly doubled since this started. My collection has not grown. I can wait..
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Old 09-27-2020, 07:04 AM
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I have just returned from out west and have been out of touch with you all and pricing. These prices seem attractive to me as I have some to sell Maybe I will be able to get more than $200 for my $457s 909s and break even for my 3914Ls and NL...?? My how just a few months can change the entire landscape. I need a couple of weeks to settle in but I will out a few up on the forum in due time.
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Old 09-27-2020, 08:22 AM
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We had a shop locally that got a bunch of 3rd gen guns in last month. Prices were high. They had 2 659's at $599. a 39-2 at $499, I forget some of the others. I looked up their website, it seems they only have one left, a 4516-1 priced at $799. All the ones I looked at had just one mag, no boxes, no paperwork.
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Old 09-27-2020, 08:39 AM
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Wow
Now I feel better after paying $1100 for the 1006 (2 mags) I picked up last month. There’s definitely not as many popping up like they used to.
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Old 09-27-2020, 08:47 AM
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People are paying, leave them be.
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Old 09-27-2020, 10:44 AM
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About a year ago I had stated here that then was the golden age of vintage S&W auto-pistol collecting. That prices were still reasonable and choice/supply was decent. I was mocked saying that Vintage S&W autos were never going to be collectible. The prices seem to bear out what I was saying and predicting. Once abundant selections are now spartan. I believe the prices for vintage all metal pistols like the S&W line will begin to have either linear or exponential price increase because there is a growing segment that favor all-metal guns over polymer pistols. Polymer is the future due to economics of production and the virtues of lighter, non-corroding components. What startles me is the prices being asked for pistols that cost a fraction of of their retail pricing to produce, but I guess its what ever the market will bear. Keep in mind its unlikely the prices for vintage pistols will decrease unless they find hidden vaults of unsold guns in the basement of some shut-down distributor or gunshop. The end of production of a genre of firearms usually means the existing examples appreciate in value over time.
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Old 09-27-2020, 11:51 AM
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Default I pretty much agree with this.

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About a year ago I had stated here that then was the golden age of vintage S&W auto-pistol collecting. That prices were still reasonable and choice/supply was decent. I was mocked saying that Vintage S&W autos were never going to be collectible. The prices seem to bear out what I was saying and predicting. Once abundant selections are now spartan. I believe the prices for vintage all metal pistols like the S&W line will begin to have either linear or exponential price increase because there is a growing segment that favor all-metal guns over polymer pistols. Polymer is the future due to economics of production and the virtues of lighter, non-corroding components. What startles me is the prices being asked for pistols that cost a fraction of of their retail pricing to produce, but I guess its what ever the market will bear. Keep in mind its unlikely the prices for vintage pistols will decrease unless they find hidden vaults of unsold guns in the basement of some shut-down distributor or gunshop. The end of production of a genre of firearms usually means the existing examples appreciate in value over time.
I have been buying them here and there. The ones that I want. What I have been seeing is that the 45s and the 10mm guns have been steadily going up for some time now. The nine mils and the 40s not so much. They have generally been inexpensive until recently. Now you just do not see them very much. And when you do they are going higher.

I was lucky enough to get an adjustable sight 1006 NIB about 5 years ago for eight bills. I thought it was high but I wanted the gun and you do not see them very much. Funny thing was that about a month later I was able to score another really clean one for five bills so I picked that one up also. I bought a 4566 years ago when they came out new. It was my go to gun for many years and still is often enough. I was able to score another one a couple of years ago LNIB with three extra mags for six bills. Additionally I got a 645 police trade in for cheap a few years ago like three and change. And a clean 4506 I also got for what I thought was a reasonable five bills a couple of years ago.
I picked up a clean 915 for three bills and change not long ago. I also scored a 1066 about three or four years ago. It was eight bills but I wanted it.

If you see them and want them, you better jump on them. They are not going to get any cheaper. Spare magazines are becoming an issue. But I am in pretty good shape there.

Here is a picture of some of mine. More added since this picture was taken.
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Old 09-27-2020, 12:13 PM
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Quote:
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I have been buying them here and there. The ones that I want. What I have been seeing is that the 45s and the 10mm guns have been steadily going up for some time now. The nine mils and the 40s not so much. They have generally been inexpensive until recently. Now you just do not see them very much. And when you do they are going higher.
I was lucky enough to get an adjustable sight 1006 NIB about 5 years ago for eight bills. I thought it was high but I wanted the gun. If you see them and want them, you better jump on them. They are not going to get any cheaper. Spare magazines are becoming an issue.
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Old 09-27-2020, 02:45 PM
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At this weekend's Akron gun show ( I went both days), I did NOT see any 1st, 2nd, or 3rd gen pistols. Normally see a few.
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Old 09-27-2020, 02:57 PM
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That auction site use to be filled with 5906's for 300 to 335 all day. Now you're over the 400 mark in most cases. 3913 and 6906's for more than 450, and 4506's for over 675.
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Old 09-27-2020, 03:52 PM
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Quote:
Originally Posted by GaryS View Post
Like all other hanguns, 3rd Gen prices seem to have gone up during the China Flu.

A large volume store that I've bought most of my 3rd Gens from has recently listed some interesting guns for sale.

457 Stainless with 4 magazines $649.95
457 Box, holster 3 magazines 599.95
3914 with one magazine $524.95
3914 Lady Smith 2 magazines $499.95
4505 Box, 3 mags, ANIB $1499.95
There are also 1006, 1086, each over $1,200.00
908 and 915. The 915 is listed at $699.95 with 4 pre ban magazines. The 908 is listed at $599.95 with box and 2 magazines.

There is also a 539 listed at $799.95 with box, 2 mags, and original grips.

Of all of these, the only one I'd be interested in would be the 3914LS. That's if I didn't have a 3914NL already.

Prices seem pretty high to me, but it's probably a sign of the times.
That 4505 sounds rather interesting to me
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Old 09-27-2020, 05:46 PM
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I don't know if they are collectible or if people realize that even though they are "ancient" they are still very reliable for self defense.

Maybe both, but right now all handguns and shotguns seem to be at a premium.

Quote:
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About a year ago I had stated here that then was the golden age of vintage S&W auto-pistol collecting. That prices were still reasonable and choice/supply was decent. I was mocked saying that Vintage S&W autos were never going to be collectible. The prices seem to bear out what I was saying and predicting. Once abundant selections are now spartan. I believe the prices for vintage all metal pistols like the S&W line will begin to have either linear or exponential price increase because there is a growing segment that favor all-metal guns over polymer pistols. Polymer is the future due to economics of production and the virtues of lighter, non-corroding components. What startles me is the prices being asked for pistols that cost a fraction of of their retail pricing to produce, but I guess its what ever the market will bear. Keep in mind its unlikely the prices for vintage pistols will decrease unless they find hidden vaults of unsold guns in the basement of some shut-down distributor or gunshop. The end of production of a genre of firearms usually means the existing examples appreciate in value over time.
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Old 09-27-2020, 05:50 PM
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Remember just a few months ago when nobody could get $300 for a black 457 on the big site? Now they're back to the $400 to $450 range -- and still an excellent value, but that's around a 50 percent increase right there.
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Old 10-02-2020, 01:08 PM
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An interesting addition to the list of semi autos for sale is a "Model 39-2 Scorpion Personal Protection Systems Custom."

Apparently a Deval style custom built gun. With wooden presentation case and 3 mags. Just short of $2,800.00.

I wonder what other S&W semi autos are in that collection?
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Old 10-03-2020, 05:04 PM
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Quote:
Originally Posted by GaryS View Post
Like all other hanguns, 3rd Gen prices seem to have gone up during the China Flu.

A large volume store that I've bought most of my 3rd Gens from has recently listed some interesting guns for sale.

457 Stainless with 4 magazines $649.95
457 Box, holster 3 magazines 599.95
3914 with one magazine $524.95
3914 Lady Smith 2 magazines $499.95
4505 Box, 3 mags, ANIB $1499.95
There are also 1006, 1086, each over $1,200.00
908 and 915. The 915 is listed at $699.95 with 4 pre ban magazines. The 908 is listed at $599.95 with box and 2 magazines.

There is also a 539 listed at $799.95 with box, 2 mags, and original grips.

Of all of these, the only one I'd be interested in would be the 3914LS. That's if I didn't have a 3914NL already.

Prices seem pretty high to me, but it's probably a sign of the times.

Think you have it rough? In Commiefornia, these would be priced 30% to 50% higher if you could find them.

It's so bad out here that I had agreed to purchase a 1911 with a case of .45 ammo and the seller stopped answering my emails & text's when it got close to the transfer day. I guess he figured he could get more from someone else even thou I agreed to his asking price and other terms for transfer. People are asking triple the going rate for 9mm ammo and some fools are paying it! A 500 round case of Winchester White box
sold for $85 in January and now is going for $200 to $300.
I'm not trying to hijack your thread (just got carried away).
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Old 10-03-2020, 05:27 PM
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I think everything has gone-up. And if Biden wins, AR will go through the roof again.

One of my local shops has been getting Century Arm (CAI) import 3rd Gen S&W's. Thye had some 6904 for $400-$450 depending on condition. But they have import marks. Not sure where CAI is getting these?
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Old 10-03-2020, 05:43 PM
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I would think it rough if I didn't have a bakers dozen 3rd Gens already.


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Originally Posted by antilamr View Post
Think you have it rough? In Commiefornia, these would be priced 30% to 50% higher if you could find them.

It's so bad out here that I had agreed to purchase a 1911 with a case of .45 ammo and the seller stopped answering my emails & text's when it got close to the transfer day. I guess he figured he could get more from someone else even thou I agreed to his asking price and other terms for transfer. People are asking triple the going rate for 9mm ammo and some fools are paying it! A 500 round case of Winchester White box
sold for $85 in January and now is going for $200 to $300.
I'm not trying to hijack your thread (just got carried away).
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Old 10-03-2020, 06:05 PM
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About time the 915 started getting some much deserved respect. Mine's an absolute honey.
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Old 10-03-2020, 06:20 PM
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Originally Posted by sheepdawg View Post
About time the 915 started getting some much deserved respect. Mine's an absolute honey.

A 910s just sold for $700 and was sold in 2 hours.
915 are going for $700 (last month) also even though they were going for $400 this last January.
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Old 10-03-2020, 06:30 PM
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Quote:
Originally Posted by antilamr View Post
A 910s just sold for $700 and was sold in 2 hours.
915 are going for $700 (last month) also even though they were going for $400 this last January.
That's insane. I passed on one for $300 about 3 months ago because it had a little too much wear on it.

The most I ever paid for a third gen was $1000 but that was for my 1066 and we all know how the story goes with those. Only 5,200 made.

915's had to be well over 100,000 made.
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Old 10-03-2020, 07:22 PM
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Back around the first of the year (just before the advent of Kung Flu) I got interested in first my 1st Gen Model 39-2, then decided since it was a family heirloom I wanted to have a "shooter grade" metal frame S&W auto pistol. For some reason, I just can't warm up to the one piece grips with built in plastic mainspring housing as found in the 3rd Gen guns, but like everything else about them. Enter Generation 2.5 as discussed in another thread. With a 639 lower and a 915 upper, I think I've found true happiness. Fortunately there were enough of these in circulation a mere 7-9 months ago that shooter grade examples were available at reasonable prices. Primo grade examples of all three Generations are going up in price quickly and even the shooter grade guns for those of us of the working class are getting harder and harder to find at the attractive prices we recently enjoyed. GaryS, you can let your beard go long and buy a robe and safe... you're a prophet!

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Old 10-03-2020, 10:00 PM
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Default Yep I paid a whole smoking three bills for my clean one a couple of years ago.

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Originally Posted by sheepdawg View Post
About time the 915 started getting some much deserved respect. Mine's an absolute honey.
And was subsequently able to get some factory OEM mags from midway for a decent price shortly after. Not much to not like there.
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Old 10-25-2020, 09:22 PM
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I just paid $850 for a 4516-1 with 9 magazines (5-7 rounders and 4-8 rounders) and thought it was fair especially since being in california and having our stupid roster.
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Old 10-25-2020, 09:30 PM
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OST for later posting.
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Old 10-25-2020, 09:44 PM
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Getting carried away!
One of the auction sites had a Chief's Special for $2,250 with 3 days still to go.... sheesh!
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Old 10-25-2020, 11:22 PM
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Quote:
Originally Posted by antilamr View Post
Think you have it rough? In Commiefornia, these would be priced 30% to 50% higher if you could find them.

It's so bad out here that I had agreed to purchase a 1911 with a case of .45 ammo and the seller stopped answering my emails & text's when it got close to the transfer day. I guess he figured he could get more from someone else even thou I agreed to his asking price and other terms for transfer. People are asking triple the going rate for 9mm ammo and some fools are paying it! A 500 round case of Winchester White box
sold for $85 in January and now is going for $200 to $300.
I'm not trying to hijack your thread (just got carried away).
It's really frustrating in CA, I'd actually managed to track down someone interested in trading a CHP 4006TSW earlier this year and they ghosted on me as I was trying to set up a meeting date. 750+ for any 3rd Gen here is pretty normal, I just sold a 1066 for $1500 and picked up a 1076 for about as much.
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Old 10-25-2020, 11:59 PM
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There are various reasons for a marked price increase in any S&W automatic pistols that ended with the 3rd Gens.

First, there was another US President who scared the beejeebers out of gun owners.

Next, owners of these earlier S&W autoloaders know what they have and don't readily part with them so that has a direct, positive impact on demand and pricing. Supply is a key factor.

So, that's just two generalities. Then we have the Wuhan flu and Civil unrest coupled with the obvious fear that there could be a new US President worse than the other one I semi-identified.

And then new gun buyers are faced with the obvious question - can I get a strong, all metal gun like grandpa liked in a serious caliber that's relatively safe to use and easier to manipulate than a gun made of polymer with a tricky trigger? VOILA! 3rd generation S&W automatic pistols and the supply is limited.

If it wasn't for police surplus or re-imports there are two guns I wouldn't have, a 6906 and a 5906. They're definitely not for sale!
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Old 10-26-2020, 03:16 AM
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Okay.... now that I have the time I can put in my worthless wooden nickel of an opinion in.

1. 2020 has been the craziest panic year ever. Between the fears of social breakdown first due to the pandemic followed by race issues and topped off like a cherry on a sunday, the election. Folks are buying up everything that isn't nailed down. And if it is nailed down, they're paying premium for the crowbar to pry it off the base.

2. The supply of police surplus S&W autos is drying up. There were only so many made and only so many were purchased by government agencies. Only so many are surplused and sold versus sent to captain crunch. With an ever increasing demand for guns, both on the collector market and the general market and a ever decreasing supply. Prices only go one way and that's up.

3. People are starting to wise up and see them for what they are. For a very long time, people listened to gun writers like Jeff Cooper calling DA/SA guns "crunchenticker", bad mouthing S&W due to the higher price associated with the gun due to production costs, etc... S&W Autos have become popular because they were cheap surplus guns and when they're cheap surplus, people that are cheap buy them and then start to realize and go ssy things like "damn, this is a good gun. If this were made today it'd be easily over a grand."
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Old 10-26-2020, 06:05 AM
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I just purchased a 3913NL. Very good condition, in the original box with an extra mag and all the original paperwork.

I paid $479. I think that I did pretty well.
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Old 10-26-2020, 07:32 AM
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Quote:
Originally Posted by Miami_JBT View Post
Okay.... now that I have the time I can put in my worthless wooden nickel of an opinion in.

1. 2020 has been the craziest panic year ever. Between the fears of social breakdown first due to the pandemic followed by race issues and topped off like a cherry on a sunday, the election. Folks are buying up everything that isn't nailed down. And if it is nailed down, they're paying premium for the crowbar to pry it off the base.

2. The supply of police surplus S&W autos is drying up. There were only so many made and only so many were purchased by government agencies. Only so many are surplused and sold versus sent to captain crunch. With an ever increasing demand for guns, both on the collector market and the general market and a ever decreasing supply. Prices only go one way and that's up.

3. People are starting to wise up and see them for what they are. For a very long time, people listened to gun writers like Jeff Cooper calling DA/SA guns "crunchenticker", bad mouthing S&W due to the higher price associated with the gun due to production costs, etc... S&W Autos have become popular because they were cheap surplus guns and when they're cheap surplus, people that are cheap buy them and then start to realize and go ssy things like "damn, this is a good gun. If this were made today it'd be easily over a grand."
What he said ... Good post.

I especially agree on the 3-part confluence that's been driving certain markets stupid (e.g., guns & ammo): (1) Corona-zombie panic; (2) riots/civil unrest/burning cities; and (3) election-year jitters.

So I'm glad that back in January I was able to steal a worn-but-still-serviceable 411 (along with three 11-rd mags, box and papers) from the favorite LGS, before the 2020 sh!tshow cranked into high gear.

$275 OTD ... Probably could've flipped it for 3x that in July.

But why?
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Old 10-26-2020, 08:38 AM
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I just picked up a CS40 NIB , off the big board for less than $450 . I paid the same for another one , no box , one mag a couple of years ago . There's still deals out there , you just have to bide your time .
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Old 10-26-2020, 09:24 AM
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Maybe if the trend continues my 4596 may end up worth close to what I paid for it. I knowingly over paid as it'll be with me for life but it'd be nice if it was worth what I paid.
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Old 10-26-2020, 11:37 AM
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Maybe if the trend continues my 4596 may end up worth close to what I paid for it. I knowingly over paid as it'll be with me for life but it'd be nice if it was worth what I paid.
When you opened up your wallet and willingly paid YOUR money for that 4596....and you are happy with it...it's already worth whatever you paid
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Old 10-26-2020, 11:46 AM
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Amen brother nocents!

Something else I consider when paying what I consider to be a high price on an out of print 3rd gen is - what else would that amount buy me in a current production gun?

After seeing what it buys, these days, I happily fork over the scalpers price for an accurate, reliable firearm with a metal frame and a hammer. Regards 18DAI
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Old 10-26-2020, 12:17 PM
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I paid more than I "wanted" for my 745 that's enroute to me as we speak and honestly. I'm comfortable with it. It was similar to what I paid for my WVSP 4566TSW.

Honestly, I'm still getting these guns cheaper than what they were brand new.
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