Inherited a gun

AC Man said:
Why are you interested in insurance for one gun? Should be covered under basic coverage That's a nice one. My son had 4 stolen with no rider policy and they covered all of them in a rental home.
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Exactly...??
 
Welcome to the Forum! Condolences on your loss, but congratulations on inheriting a fine vintage S&W revolver. I think that by now you've received some great feedback about your Model 19-4. The nickel finish is great, and the 4" barrel is pinned and the cylinder holes are recessed (P&R). These are all features that make your revolver highly collectable. The Pachmayr stocks are fine for shooting, but it really needs some original wood stocks to make it "pop". If you post the s/n (found on the bottom of the grip frame or in the cylinder recess with the Model no.), we can provide you with its date of manufacture. There are many .357 Combat Magnum and Model 19 fans here on the Forum, so you're in good company. The 19-4 was introduced in 1977 and continued until 1982 (when S&W eliminated the P&R). Unless you have a large collection of firearms, I wouldn't worry about the insurance value...it should be covered under your homeowner's insurance. If you find a nice set of correct target stocks, your revolver would be worth about $1K. I only have one 19-4...a minty 2-1/2" nickel version (33K1035, ca. 1978). Enjoy!
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Make certain your Ins. Policy will cover any firearm without a specific ryder. Insure it for at least a Grand. 5 years from now, with inflation, it could be worth much more. Most get insurance and do not consider that certain firearms values increase with time.
 
I would insure it for at least $1,000. Not saying you would be certain to find a local buyer if you tried to sell it for that; used revolver prices are regionally dependent. For insurance purposes I would not settle for the lowball numbers like $400-500 some people here will quote you. I haven’t seen a nice Model 19 in a gun shop for $400 in many years. For reference, a local shop near me has a blued 19-4 in similar condition in their case for $1,200.
 
Do not over look the actual cost of replacing the gun. Living in CA, you will find many sellers will be unwilling to sell to you, narrowing the availability, which often has the effect of increasing the price. Add in shipping costs and transfer fees. If it were the only gun in my collection and wasn't covered by homeowners insurance, I would insure it for a minimum of $1,300.
 
I agree with most of the later comments regarding value... I recently picked up a Model 19-4, blued, with the 2 1/2" barrel and the S&W finger-groove stocks, paid $1000 for it, and gladly (albeit with the factory box and paperwork). I suspect a nickel gun in that condition would be at least the same value (NICE gun, by the way!). I would, however, urge you to call your insurance company and get details on coverage! Gun insurance is expensive, and while your homeowner's insurance would 'probably' cover it in a loss, it depends on your policy; for example, we lost our house in a wildfire 3 years ago, and while we had a blanket policy amount of $250,000 for contents (furniture, personal property, etc.), the policy did not cover the value of the guns I lost in the fire, but did help a little. ML
 
very nice looking revolver! I agree with previous posters as 1K is a good starting price for insurance and bump it up as the years go by.
 
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