NIB Model 28-2 Value?

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I just put on layaway, a new in the box, Model 28-2 six-inch. Paperwork, vapor paper, unopened tools, excellent box, factory fired three times only. Has a slight turn line, 100% bluing and stocks. What would be the expected value? It's a bit more than I wanted to pay, but when are you going to see another one like it? It came from an estate. Story is, more Smiths to come (pawn shop). Thanks in advance.

De Oppresso Liber
 
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I just gave 600 for this one about 2 months ago if that helps.
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I have one very similar as factory new, 6", S prefix, slight turn line, box, papers, unopened tools.. I'd have to have pretty close to $k for it to even consider getting rid of it.

Last local gun show had one dealer that had 3 6" model 28's, all pretty nice but used and no boxes. Asking for each of them was in $900s. Sure there was some wiggle room.

Edit, after taking some close flash images, it has been fired more than three times. Yep someone had to try a few in it. Still about 98%.. )-:)
 
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Condition is everything , and it sounds like this one is as good as it gets .
Most of the time some fool winds up with a gun like this and takes it to the range and shoots it . They are only "unfired except at the factory 3 rounds ,every other chamber" until someone decides to shoot it, then it no longer has that degree of collectability , and can never again have it. That being said , a 28 is certainly no 27 as far as collectability but, they do have a solid hardcore following , and as 27s are slipping out of a lot of peoples price range, many are turning to the slightly more affordable, although not as handsome , model 28. A real nice example is easily a $ 700-$ 800 gun , and that's one that has been fired a bit, no box papers or tools.
This one, as described , would be a very scarce find , because as I mentioned earlier , most people , other than the serious collector, do not respect the rarity and collectability of a true unfired gun (outside of the factory) and they run right out and devalue the gun hundreds of dollars at the first chance they get . I would put a value on it around $ 1,000 .

If you think that's high , you are a shooter and not a collector, and this would not be the correct gun for you. After all, a very nice 98 % shooter can be had for around $ 750- $ 800 . Leave the collector grade guns for the collectors , please. Less than 1 % of the guns out there are truly unfired except by the factory . Ten years from now, that percentage will drop to about 1/3rd of 1 % as most of the younger generation doesn't care about collecting . When grandpa passes on and they inherit his unfired pride and joy which has managed to survive 50 years in the box at the very back of his underwear drawer,
they are going to shoot it . I Guarantee it . And this situation is happening a hundred times a day , all across this nation. Think about it .

Lewis
 
I think LNIB guns get pretty pricey. If it is truly LNIB the $1000 is the bottom in my humble opinion.
 
I'm in the $850 to $1000 camp based on what I've seen and paid. I've also got a couple in 97% condition for between $600 ad $650 but they did not have original box nor tools. And that was over a year ago too.
 
Like bigmoneylew said if its truly LNIB and was only fired at the factory i'd drop a grand on it without a second thought. I would admire it for about an hour while wiping it down will oil then snap a few pics and post on S&W forums for all to see. I would be a safe queen as log as I live. I have shooters and that's what they are for, but truly LNIB is for collecting.
 
Well, I have to admit that one did go for a lot. ($1,376.00)

The seller presented many pictures, no doubt that helped. The serial number puts it at '72 - '74 ship date.

"... Serial number is N110802. This is a minty original condition Smith & Wesson that would be difficult to upgrade. ... Mint bore and great original grips. ..."

I never thought I would say this, but those stocks aren't correct for that serial number / date! :D
No mention of box / tools / paper.
Somebody really wanted it and who can blame him?
id1375-img39035.jpg
 
I just put on layaway, a new in the box, Model 28-2 six-inch. Paperwork, vapor paper, unopened tools, excellent box, factory fired three times only. Has a slight turn line, 100% bluing and stocks. What would be the expected value? It's a bit more than I wanted to pay, but when are you going to see another one like it? It came from an estate. Story is, more Smiths to come (pawn shop). Thanks in advance.

De Oppresso Liber

The Model 28 is not particularly collectable, but what you described sounds like a $1000 bill to me. Who would have ever thought that these service grade revolvers would ever be worth this much?
 
Condition especially for guns that were mainly marketed to the LE market will determine value . S prefix especially . One doesn't buy a 98%+ gun of that vintage to shoot , considering that a 95% would be a lot less $'s . I just sold 2 S prefix 28-0 6" 4 screws LNIB all matching for $ 1800 for the pair . If the buyer wouldn't have bought both I wouldn't have budged off my asking price of $ 1100 each . Market isn't what it was 2-3 years ago . If one wants to get the best prices then tons of pics & putting them on GB is a must . One can look at the classifieds right here & varify my statement . Just the way it is . All that said most want a 4" 28 not a 6" .
 
Condition is everything , and it sounds like this one is as good as it gets .
Most of the time some fool winds up with a gun like this and takes it to the range and shoots it . They are only "unfired except at the factory 3 rounds ,every other chamber" until someone decides to shoot it, then it no longer has that degree of collectability , and can never again have it. That being said , a 28 is certainly no 27 as far as collectability but, they do have a solid hardcore following , and as 27s are slipping out of a lot of peoples price range, many are turning to the slightly more affordable, although not as handsome , model 28. A real nice example is easily a $ 700-$ 800 gun , and that's one that has been fired a bit, no box papers or tools.
This one, as described , would be a very scarce find , because as I mentioned earlier , most people , other than the serious collector, do not respect the rarity and collectability of a true unfired gun (outside of the factory) and they run right out and devalue the gun hundreds of dollars at the first chance they get . I would put a value on it around $ 1,000 .

If you think that's high , you are a shooter and not a collector, and this would not be the correct gun for you. After all, a very nice 98 % shooter can be had for around $ 750- $ 800 . Leave the collector grade guns for the collectors , please. Less than 1 % of the guns out there are truly unfired except by the factory . Ten years from now, that percentage will drop to about 1/3rd of 1 % as most of the younger generation doesn't care about collecting . When grandpa passes on and they inherit his unfired pride and joy which has managed to survive 50 years in the box at the very back of his underwear drawer,
they are going to shoot it . I Guarantee it . And this situation is happening a hundred times a day , all across this nation. Think about it .

Lewis
A hundred times a day, eh?

How many facts, figures and percentages can be fabricated out of thin air in one post? Well, evidence suggests that you can squeeze in a lot, especially when you skip line breaks.

As far as I can tell, the OP doesn't even plan to shoot it, but you sure sat him down and read the riot act anyway.
 

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