S&W Mod 58 & Colts

[Skyhunter]

Made a stop at one of my favorite toy stores today.
Their inventory of "pre-owned" S&W's and Colts was amazing. However, they were VERY proud of Everything - IMO!
A very nice Mod 58 (no box, tools, etc.) was listed at $1,695.00. IMO that's "a bit" high.
Am I out of line on this or what?
Thay also had four .22 LR cal. Diamondbacks and three .38 Spl. Diamondbacks. The asking prices made me a little dizzy. Those were some very nice Colts, but priced in the 1.8 to 2.6K range seems excessive to me.
Thoughts?

WYT-P
Skyhunter

 

[22hipower]

$1,695 for a 58 without the box/papers seems high to me. But then they seemed "too high" when I should have bought them in the $800 range.

On the Colts, $1.8k for a nice Diamondback would be what I'd expect to pay where I shop. $2.6k seems a few Benjamins too high but I haven't tracked these much. One of the biggest gun disappoints ever was when I finally got a 4 inch Diamondback .22LR and discovered it didn't shoot well at all, for me anyway. And I never could get the action to be quite right even though I paid a couple of guys who said they knew what they were doing to fix it. Good luck.

Jeff
SWCA #1457

 

[alwslate]

Hopefully your favorite toy store has a revolving door that allows for a quick exit.

 

[SGT ROCK 11B]

Used Guns are hard to call.

Some Gun Shops seems to cater to Boutique High End buyers because it is in a High End location. Others are reasonable but even Pawn Shops have Rolex prices on Timex.

 

[505Gibbs]

Made a stop at one of my favorite toy stores today.
Their inventory of "pre-owned" S&W's and Colts was amazing. However, they were VERY proud of Everything - IMO!
A very nice Mod 58 (no box, tools, etc.) was listed at $1,695.00. IMO that's "a bit" high.
Am I out of line on this or what?
Thay also had four .22 LR cal. Diamondbacks and three .38 Spl. Diamondbacks. The asking prices made me a little dizzy. Those were some very nice Colts, but priced in the 1.8 to 2.6K range seems excessive to me.
Thoughts?

WYT-P


Skyhunter

They must be associated with Cabella's!

 

[Hair Trigger]

Made a stop at one of my favorite toy stores today.
Their inventory of "pre-owned" S&W's and Colts was amazing. However, they were VERY proud of Everything - IMO!
A very nice Mod 58 (no box, tools, etc.) was listed at $1,695.00. IMO that's "a bit" high.

I gave $1600 for an unfired, new in the box "S" prefix M58 with all the papers and tools in 2019. I am 3rd owner, 2nd owner was the LE partner of the 1st owner, and both those gentlemen kept it in their safes for those 50 years.

It is no longer unfired, but still in perfect condition.

 

[6GUNSONLY]

My problem is I can remember model 58s laying in the glass case for months with no takers at $150.

 

[Yendor357]

About a month ago, I paid $975 plus fees for an unfired M27-4, four inch, GB.

Yeah, $1695 is a lot more than I’m willing to part with.

 

[dsf]

Made a stop at one of my favorite toy stores today.
Their inventory of "pre-owned" S&W's and Colts was amazing. However, they were VERY proud of Everything - IMO!
A very nice Mod 58 (no box, tools, etc.) was listed at $1,695.00. IMO that's "a bit" high.
Am I out of line on this or what?
Thay also had four .22 LR cal. Diamondbacks and three .38 Spl. Diamondbacks. The asking prices made me a little dizzy. Those were some very nice Colts, but priced in the 1.8 to 2.6K range seems excessive to me.
Thoughts?

WYT-P
Skyhunter

"Proud" seems an apt description. Although $1,800.00 for a Diamondback, if a 6" 22 lr isn't too terrible.

I have an ANIB 58 and a shooter 58. Paid $1,200.00 for the ANIB (in CA no less) and $700.00 for the shooter, C&R S serial # in OR.





Almost passed on the OR Model 58 - thought it was a Model 13 at first.

 

[A10]

High prices particularly given that the market is softening.

 

[6string]

I've never understood the appeal of the M58. Yes, it made sense for S&W to market the M58 to budget-conscious law enforcement agencies. But, there's nothing I would use a .41 Magnum for that wouldn't make me choose a M57 first.

As for the Colt Diamondback, again the appeal eludes me. Every one I've handled seemed rough and gritty compared to an Officer's Model. Do people really get that bamboozled over the vent rib???
Get an Officer's Model Target or Match if you want Colt's "best quality" in a target sighted .22 or .38. They are fantastically smooth and accurate.
Even on "everyone's favorite auction site" good ones can be had for under $1K.

 

[stansdds]

Model 58 prices are driven by relative scarcity, but $1695 for one that shows any wear, no box, no docs, is a wishful price. As for the Colt Diamondbacks, the action is usually not as smooth as that of the Python, but when they were in production, they cost less than the Python, but had the looks of the Python.

 

[charlie sherrill]

$1,695 for a 58 without the box/papers seems high to me. But then they seemed "too high" when I should have bought them in the $800 range.

On the Colts, $1.8k for a nice Diamondback would be what I'd expect to pay where I shop. $2.6k seems a few Benjamins too high but I haven't tracked these much. One of the biggest gun disappoints ever was when I finally got a 4 inch Diamondback .22LR and discovered it didn't shoot well at all, for me anyway. And I never could get the action to be quite right even though I paid a couple of guys who said they knew what they were doing to fix it. Good luck.

Jeff
SWCA #1457

My first mod 58 I paid $160 + tax. I bought it around 1970. It had sat in the shop for years with no takers and covered in dust and I offered the shop owner what it cost him. I later paid $350 for one ANIB. Unfortunately I sold those two because back then I couldn't buy a new gun without selling an old gun. The last 58 I got I paid $500 for over ten years ago. It's marked SAPD (San Antonio) and it ain't going anywhere until I take my dirt nap. Jr. probably won't sell it either.

 

[Hair Trigger]

I've never understood the appeal of the M58. Yes, it made sense for S&W to market the M58 to budget-conscious law enforcement agencies. But, there's nothing I would use a .41 Magnum for that wouldn't make me choose a M57 first.

I bought my M57 first, always wanted a .41 Magnum. Once I had it, I figured "why not, get the other one S&W made to complete the set" and got lucky with the one I found. It is sort of an ugly duckling, no extractor shroud like most other magnums, no fancy sights. Sort of a big-bore M13 or M65. For show, the M57 does have the edge, but for go, they're equally competent.

I think they'd (S&W) have sold more of them if they'd designed it like the M520.