You beat who?
28-2 pricing craze seen first hand
- Thread starter gunny4053
- Start date
You beat who?
Biginge
SWCA Member, Absent Comrade
Maybe it was Toronto? Don't follow the game much anymore. I don't know if it was Expos or Blue Jays. I remember we had to suffer through "Oh Canada" before the National Anthem though. They were from Canada. I know that for sure. I really was thinking about a model 28 and not paying a whole lot of attention.
True, they were kind of the low-brow, working guy's gun... That satin finish is now considered pretty stylish.
I've got a 6" 28-2, and it's in 'like new' condition. Because of the condition, I have never fired it...
Yup. The 28 was the Rodney Dangerfield of the Smith line.
If someone will freely pay it, then that's what it is worth. For instance people are buying gasoline for a buck or more a gallon now than it was a few years ago when oil prices were the same as now, without a whimper. So that is what the gas is worth. As for the 28 in question, what can you buy new for $800 that is in the same class?
OP
gunny4053
US Veteran
All, I understand the current market for the 28s'. As I said, at $800, I just won't do it. If anyone is interested, I'll gladly tell you where it's at and you can have at it. Now, if it was a CS-1, that would be a different story, but Ive never been a fan of 6" guns and especially an $800 6" gun.
I love my big N frame 28, but we all have limits, and this one just exceeds what I'm willing to do.
aphelion, you're in Idaho, come get this bad boy.
I love my big N frame 28, but we all have limits, and this one just exceeds what I'm willing to do.
aphelion, you're in Idaho, come get this bad boy.
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My July 1971 retail brochure indicates $118 for the Mod 28. Mod 27, B or N, were $168. I use to work part time in a LGS and was a senior in college and sold them for retail and gave the buyer a box of wad cutters. I often now use a factor of 5X if LNIB. Sometimes it works sometimes not. Mike 2796
The market is beyond crazy these and there is no telling where it will end as N frames S&W revolvers have gone through the roof the last few years and it seems really amped up the past 4 months. If it's collectors they want to get them while they can and they seem willing to pay just about anything to get what they want.
However, everything goes in cycles where collectible items are concerned and they rise dramatically and then fall dramatically. I say this because I follow Barrett Jackson car auctions and there are a bunch of super nice collector cars worth between 30 and 50 % less than they were 5 years ago. When they stop and auction and the president of Barrett Jackson gets up and trying to sell the cars and he's almost begging for more bids things are pretty bad.
However, everything goes in cycles where collectible items are concerned and they rise dramatically and then fall dramatically. I say this because I follow Barrett Jackson car auctions and there are a bunch of super nice collector cars worth between 30 and 50 % less than they were 5 years ago. When they stop and auction and the president of Barrett Jackson gets up and trying to sell the cars and he's almost begging for more bids things are pretty bad.
PA Guns & Ammo
Member
Not many N frames are being made. They might have them in their catalog but mostly J,K,L frames are what you seen most of for the newer guns. Plus that S&W quality has been slipping, more people desire the older guns. Most of us do on here so what does that tell you?
James
James
wesson1911
Member
A buddy of mine just picked up an unfired 28-2 with box and papers for $595 plus tax. It is 99% plus and flawless. I would consider that a great buy considering the crazy prices right now in Texas. I recently picked up a 27-2 Nickel in 98% condition with a 8&3/8 inch barrel for $800. Not a steal but good price for a near mint 27-2 around North Texas. The N frame P&R are all over the map.
BigBill
Absent Comrade
This past spring I paid $695 for my m28's & $795 for my m27' s. Paying $800 isn't that bad just look at the prices online. One of my local sellers wants $1,000 for a m28. I feel $800 is cheap. Just wait another few months like after Christmas to spring and look at the prices then.
It's only paper money and were buying a piece of history were the prices will only increase. Loosen up your wallets guy's anything under $1k will be a great buy, even $800 is good right now. Times are a changing. Don't forget those $100 Benjamin Franklin's talk show him seven new ones for that $800 gun. Haggle.....
It's only paper money and were buying a piece of history were the prices will only increase. Loosen up your wallets guy's anything under $1k will be a great buy, even $800 is good right now. Times are a changing. Don't forget those $100 Benjamin Franklin's talk show him seven new ones for that $800 gun. Haggle.....
BigBill
Absent Comrade
I'm very happy with my brand new s&w n frames. There's nothing wrong with my new ones. For $699 on sale just leave them for me.
S&W has dropped more N frame models from there line up what does that tell us? Let's not buy any new s&w revolvers so s&w will end up like colt offering us nothing is that what everyone wants?
We're boycotting the only gun manufacturer still offering us there REVOLVERS that are 100 year old designs. Plus they offer us a lifetime warranty? What's wrong with you people? Do you want them to move there manufacturing over seas or to south America too?
There's not one thing wrong with my new N frames. I enjoy the new and older s&w guns.
Why should a pay more for used when I can have a new one? My new m58 shoots like a dream.
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Very nice Model 28 sold on GB last night for $498.00+shipping.
With two sets of stocks.
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=433011315
With two sets of stocks.
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=433011315
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PA Guns & Ammo
Member
Do not try to twist my words. I never said their was anything wrong with the newer N-frames. Also, most of the new S&W's are priced way too high and that leaves people to buy the older ones. I get it, costs more to make but the market is the market and the company either has to make what the customer wants or go out of business.
James
GB completed auctions
Two + years ago on GB, a 4 inch M29-2 'unfired' (gun only) sold for $1,200. There were excellent pictures, deep blueing, and nice presentation -- but was it really worth $1,200 or was it bidding egos?
Fast forward 3 weeks, a different 4 inch M29-2 in identical condition including presentation case, documents, and tools is up for bid on GB. Two days before the end of the auction, I entered a max bid of $850. My winning bid was $825 + shipping. I made the bid because it was "cheap" compared to the previous auction and the presentation case was in perfect condition.
About 4 months later, we attended a gun show in Atlanta and found a 6" (or 6-1/2") M29-2 with paper box, docs, tools, and two pair of magnificent grained grips for $825. The seller needed money for an emergency. He lived 20 miles from me, but we had both driven 150 miles to attend the show. Sales and Marketing is a strange "science" when it comes to selling S&W revolvers.
Two + years ago on GB, a 4 inch M29-2 'unfired' (gun only) sold for $1,200. There were excellent pictures, deep blueing, and nice presentation -- but was it really worth $1,200 or was it bidding egos?
Fast forward 3 weeks, a different 4 inch M29-2 in identical condition including presentation case, documents, and tools is up for bid on GB. Two days before the end of the auction, I entered a max bid of $850. My winning bid was $825 + shipping. I made the bid because it was "cheap" compared to the previous auction and the presentation case was in perfect condition.
About 4 months later, we attended a gun show in Atlanta and found a 6" (or 6-1/2") M29-2 with paper box, docs, tools, and two pair of magnificent grained grips for $825. The seller needed money for an emergency. He lived 20 miles from me, but we had both driven 150 miles to attend the show. Sales and Marketing is a strange "science" when it comes to selling S&W revolvers.
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jmace57
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Should've took them shooting instead
James
And given the performance of the Astros recently...a LOT more fun! (I feel your pain)
I have a 4" Model 28-2 and a 5" pre-war Heavy Duty. I'm keeping them. It's because of the insane rise in prices that I am now collecting 38 Special K frames - mostly Model 10/M&P. Prices have gone up on them as well, but just not as dramatically (based on my personal observation - purely anecdotal). I've also noticed that when I can find them the Colt Official Police tend to be a bit more reasonably priced than other Colt revolvers.
I've resigned myself to that fact that I am now only capable of buying one or two guns a year instead of three or four like I used to because of the inflation. But having I've adjusted to the changing times I find that I'm actually buying pieces that I really want. I'm not just accruing like I did in my younger days. All about perspective I suppose.
I've resigned myself to that fact that I am now only capable of buying one or two guns a year instead of three or four like I used to because of the inflation. But having I've adjusted to the changing times I find that I'm actually buying pieces that I really want. I'm not just accruing like I did in my younger days. All about perspective I suppose.
Watchdog
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Just to briefly expand on my earlier comment of not being able to remember the last time I saw a Model 28 in an LGS:
I went around for some Saturday visits to the three largest LGSs in my area (no big box stores, btw). There wasn't a used 28 to be found at any of them. Matter of fact, of those three shops, only one had any older Smiths, period.
Expanding even further on that, revolvers don't seem to be all that popular around here...at least with younger shooters. There might be a shelf or two of revolvers... new Rugers and the Smith "classics", but that's it. Everything else seems to be semi-autos of every size, caliber, and shape.
I remember when about the only semi-autos you'd see in a shop were Colts, Brownings, and maybe a Smith or two. Now semi-autos are like coathangers in a closet.
Kinda disheartening at times for an old revolver guy like me.
I went around for some Saturday visits to the three largest LGSs in my area (no big box stores, btw). There wasn't a used 28 to be found at any of them. Matter of fact, of those three shops, only one had any older Smiths, period.
Expanding even further on that, revolvers don't seem to be all that popular around here...at least with younger shooters. There might be a shelf or two of revolvers... new Rugers and the Smith "classics", but that's it. Everything else seems to be semi-autos of every size, caliber, and shape.
I remember when about the only semi-autos you'd see in a shop were Colts, Brownings, and maybe a Smith or two. Now semi-autos are like coathangers in a closet.
Kinda disheartening at times for an old revolver guy like me.
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