Found a 586-4, 3 inch barrel. Does anybody
know the value of these? Supposedly they only
made 500. Collector wants $4,500. I haven’t
seen one for sale before.

Responding to this thread, hoping someone will post pictures.

Don’t have any to post. It’s unfired with box.
Guy is firm at $4,500.

I do have a 2.5" 586-4. Now I'm thinking I "need" a 3" too!

Dunno about those prices tho.

The seller clearly does not want to sell his gun unless, of course, he finds a buyer with more money than brains...

That gun is so overpriced that anyone who would pay that much money should have his head examined.

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FBINA, 204th Session

It seems super crazy expensive to me. I mean even if they only made a few of them it still sounds crazy expensive. Old and rare do not drive valve up. Not that some old and rare guns aren’t worth tons of cash. I’d look for a different gun at that price. You can find a 686 3 inch for under 800

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Bobby SWCA #4067
SWHF #1144

They are scarce but fairly recent selling prices have been in the $2500 range, give or take. There are several words that might describe the selling price - "aspirational" or "optimistic" come to mind.

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Alan
SWCA LM 2023, SWHF 220

Thanks for the reply’s. I totally agree the price is very high is a understatement, that’s why I posted the question as maybe I was missing something.

Nope, you're not missing anything except potentially some money at that overly priced 586!

murphydog's $2500 range is spot on!

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Dan
Ps 96 SWCA 2930 SWHF 524

I am picking this one up this weekend. 586-4 3inch that has been magnaported, and has night sights. Probably from John Jovino

I posted picture with the gun up right but can't get it to rotate! I am also on the hook for a 686-1 3inch with a square butt? Anybody know anything about these two guns?

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Fishjager: The barrel on that 686 is from a later model 686, my guess would be a 686-5 & up (686-6), as those are the dash models that came with the barrel markings reversed. Someone had that 686-1 with either a 4" or 6" barrel and obtained a late model 3" 686 barrel and screwed 'er in! I wouldn't pay more than $600 for it. Buyer beware!

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ken
SWCA #1959

The thumbnails are in the wrong direction, but hover over them and they show correctly.

The 3" 586 looks correct. They were made with a specific letter prefix and number order so it is easy to verify if one is original.

The 686-1 has a later (current style) barrel, with the caliber on the left and (presumably) Smith & Wesson on the right side. As far as I have seen all 3" L frames are round butt.

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Alan
SWCA LM 2023, SWHF 220

Congrats! Great find on the 3” 586-4! I’ve been searching for one a little over year. Hoping to complete a collection sometime in the future.

586-4 2.5”
686-1 2.5”
686-4 3”

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Justin
S&WCA #3623 S&WHF #814

I am definately picking up the 586, but am going to let the 686 go to the wind. The 586 needs a little clean up,but that is no problem. I will post better pictures when I get it in my hands. I'm getting too old for this.

Fishjager
+1 on Jovino
-1 on those stocks, if one can call them that
-1 on the Magnaport
-1 on the sights
+ 2 on the 3" barrel

I don't do math, but very interesting piece.

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Some collect art; I shoot it!

OK, I looked up that 586-4 3" and it seems to me it would be product code 103495, which described in the S&W book is a 3" B (blued) RR (red ramp) RSR special for 1996. Book doesn't say how many were made, but it ain't many. I would love to find one.

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ken
SWCA #1959

Well, I bought the gun and got home and called S&W. It left the factory October 24, 1995 as a RSR Special. 3 Inch. So I got lucky.

I also ordered a front sight with red ramp, and rear sight with white out line. Now I need to find some nicer grips.

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Had a 3" 586-? came with Spegel Boot grips..... nice gun ..... but when it was time to grab a gun to carry is always lost out to a 3" 66-3 or 3" 65.

traded it off for a used "new in box" PC Shorty-9.... even up IIRC...... wish I'd kept it for the "collectors" value if it really is a $4500 gun... ...... No way!

Buyers are out there for those. Look at this one from 4 years ago.

The original post was from 2 1/2 years ago and $2500 seemed an average price at that time. $4500 in 4/2018 must have been 1-3 determined (and rich) bidders in a war.

Don't know how much one would sell for currently. Probably somewhere between the two figures above?

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Alan
SWCA LM 2023, SWHF 220

04-12-22. This left me scratching my head..

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Justin
S&WCA #3623 S&WHF #814

While the 586 3" is rare it is not more effective than a 4" or 6" version which can be had for 3,500$ less. I'll admit I've never understood the fascination with a gun that is strictly for looking at and has never been fired. Heck, I'm a history teacher and I still don't want a museum piece. Any gun I ever own will be shot no matter how old or special, that is what they were made for.

Collectors, especially those with deep pockets, don’t have to act rationally.

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Alan
SWCA LM 2023, SWHF 220

Hey, credit for at least acknowledging it is not rational. I am assuming most who spend irrationally do not have as deep of pockets as they think, considering most well off people I know got that way through rational fiscal management. To each their own though

As for rational or not, that's up to the individual, some have deep pockets and others don't. I've seen both types of individuals in a situation that they may be spending money on something that's completely irrational to many, but end up having something that virtually no-body else has.
It's not exactly fun going to a show-n- tell session and everyone there has the same make/model, etc. That's why Collectors do what they do, regardless of their fiscal situation.

Now, as to the M586-4, well, they are pretty cool don't you know??

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.............SmithNut

There is no doubt they are cool �� but I'll leave that to you guys and buy a 4" or 6" one for 3,500 dollars less.

Actually, $3500 less is about what these were going for back in 1995, I guess we both lost out on that deal...

.............SmithNut

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.............SmithNut