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02-23-2013, 05:16 PM
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Model 66 mania!
Forum rules prevent me from posting a link to the auction, but there is a very nice 2-1/2" Model 66-4 on GunBroker right now. The high bid so far is $675 and there are three-plus days left in the auction!
Boy, that makes the one just like it except without factory stocks that I paid $416 for a year or so ago a real steal!
Ed
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02-23-2013, 06:33 PM
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There are 2 1/2 inch 66's there that have sold in the $800 range recently. Don't remember the dash numbers. A year can make a lot of difference
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02-23-2013, 06:58 PM
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ED,
I think the 2 1/2" 66 is running a very close second behind the 3" guns in the K frame mania. Probably the most desireable is the 3" 66 followed by the 3" 65's and 13's. Demand for the 2 1/2" 66 has really been getting hot with prices sky rocketing. I know many members here placing want ads with no luck. I picked up a dash 3 last summer for $500. It was wearing S&W combats which I sold. I'm into the gun for about $400. I wouldn't sell it for double that. Consider ourselves lucky.
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02-23-2013, 07:05 PM
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Ed... Where have you been for the last two months?!?! It's nuts out there!
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Centennial Every Day
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02-23-2013, 07:14 PM
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it sure is crazy out there I agree it is almost name your price time
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02-23-2013, 07:15 PM
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It figures.
I score on a gun a few years ago that I could actually make
some money on and it's one that I would never sell.
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Ogy
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02-23-2013, 07:22 PM
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Banned
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Quote:
Originally Posted by ogilvyspecial
It figures.
I score on a gun a few years ago that I could actually make
some money on and it's one that I would never sell.
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Your no the Lone Ranger on that thought! I have a Mod 66 4" from the 70's that I paid, $200 in 1988!
Love it, would never get rid of it.
Chuck
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02-23-2013, 07:25 PM
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Quote:
Originally Posted by cddanjr
Your no the Lone Ranger on that thought! I have a Mod 66 4" from the 70's that I paid, $200 in 1988!
Love it, would never get rid of it.
Chuck
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At least we can look at the bright side of things.
We both have guns that we love eh?
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Ogy
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02-23-2013, 08:23 PM
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Quote:
Originally Posted by Photoman44
Ed... Where have you been for the last two months?!?! It's nuts out there!
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Oh, I've been out there watching gun, ammo and component prices - availability, too (or lack thereof). I just hadn't noticed guns like that one experiencing such a value spike until that auction.
Oddly, the auction drew no bids for several days, so I started it with a $300 bid knowing full well it wouldn't hold up. But I didn't expect it to go that high. Having a gun just like it, I didn't plan to bid any higher. The next day, it was at $500 and hasn't stopped yet.
I'm seeing a similar thing with Remington Model 700BDLs made between 1997 and 2001. They had scroll engraving on the receiver but weren't bringing more than a non-engraved gun two and three years ago, when I bought six like-new ones for no more than $600 each. Some of the ones I bought have detachable box magazines, which Remington no longer offers on anything but the blued version of the 700SPS. Today, I'm seeing them SELL for $900 and there are some priced at or over a grand!
I'm writing about this buying craze for my July column in Shotgun Sports Magazine. In Lancaster, Pennsylvania, there was a gun show two weekends ago that saw a 33% increase in attendance over the same dates last year. People told the promoter that they were buying guns as a hedge against a recession, not just because they fear a ban on guns in general.
It really is nuts right now. Dealers are telling me that their distributors are refusing orders for guns, citing a FOUR-YEAR backlog of orders at the manufacturers. Smith & Wesson is one of the manufacturers that two dealers told me they could not order, so it's not just black guns that are in high demand.
I'm glad I bought when I did!
Ed
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02-23-2013, 08:51 PM
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I just won an auction for a 66-2 snub....
paid $655. (plus shipping plus FFL tranfer fees......)
So, I'll be into it for $700.
Will post pics next week or so.....
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02-23-2013, 08:56 PM
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I just picked one up for $600. Hurt my pocket book but it's in pretty good condition. She was dirty and a little scuffed you but I buffed out all the scratches and she's shining like me. :-)
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Airborne ! H-Minus!
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02-23-2013, 11:18 PM
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I picked up a couple of 2.5" 66-4 in December for $475 each. Guess I did okay.
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02-24-2013, 12:34 AM
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Model 66 and hot loads
The 66 doesn't like hot hand loads. I have seen distorted (oblong) holes in the barrel end of the cylinder. What's the best way to evaluate for that condition?
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02-24-2013, 07:35 AM
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Quote:
Originally Posted by ogilvyspecial
It figures.
I score on a gun a few years ago that I could actually make
some money on and it's one that I would never sell.
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Received my permit in 1990, immediately I was standing at the LGS.
I purchased 3 hand guns which I still have and will never sell.
Beretta 21A .25 ($195.00)
Colt Government Blue .380 ($310.00)
And of course what I think is one great looking S&W
Model 66-3 2 1/2 ($300.00)
Not bad for someone that had no idea as to what they were doing at the time.
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Doesn't hasta call me Johnson
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02-24-2013, 02:11 PM
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One of the reasons is that M66's haven't been made for years, and the pre-lock models of all S&W revolvers are in high demand. I paid $600 for a used, but minty 3" M66 w/box, paper, and tools about nine years ago. They've crested $1K+ when I've seen them for sale on-line. I just paid $550 for a police-trade M681 (no-dash), in "VG+" condition, and am glad for it (man, what a gun!!).
I know that recent market forces have completely locked-up the production capacity of almost every US-based gun manufacturer. If things ever get back to "normal", I think it would be great if S&W could put their engineering genius into making .357 K-Frames again. With modern metallurgy and engineering, they could probably make them even more tolerant of magnum ammo.
If you think S&W M66's are bad as far as "inflation" is concerned, look at the prices they're ringing up for Colt revolvers on Gunbroker. You can't even sniff a King Cobra for under a grand. Same market force applies - they're not making any more of them. Fortunately, there are 100x the number of M66's out there. But, that won't last forever.
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