586 no dash help

Longone

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I did some searching but came up empty. I have a 586 6" nickel that has been collecting dust for some time now. Looking to see an approx. value on GB and see most listed have a dash in the model #, mine does not. Would this make the gun more or less valuable because of this? I'm looking to price it fair as a friend might be interested, I have the original box as well.
 
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Probably equivalent in value up to the -3 variation, and likely worth a bit more than the -4 and higher. Some will pay more for the "no dash" of a particular model, but sometimes the engineering changes introduced with later variations make them worth more to all but collectors. The nickel finish is a bit unusual for a 586, so that's potentially worth more to a buyer (one who likes nickel, that is) than the dash number.
 
Your 586 is the earliest variation and having one in nickel is IMO a positive. Just guessing but probably only about 10% or less were produced in nickel. Having the original box, documents and tools is another positive that adds value. However, the six inch barrel is not as desirable as the shorter lengths. What is the condition? If you can post some pics it would be very helpful in determining a range of value.

BTW, the 586, 581, 686, 681 no dash guns were and are under a S&W recall. I recently send my 686 no dash back to the factory for the recall work which is done free of charge. When the recall work is completed they stamp an M between the model number and the serial. You can do a search here or Google and learn all about this recall.
 
Yes that is the product code, the spec order # is 5311 RR/ WO sights TS stocks? Is that Target stocks?
 
From a practical sense, all of the dash #'s are in the same value range for the same condition gun. If you are quibbling over an unfired in the box pristine example you might have a couple % increase in value for the early one. Most of these guns were shot a lot or were police issue and carried a lot and shot little, either way there is very little difference in value of the various dash #'s. Go to Gunbroker and go "advanced" search for "completed auctions" and find similar ones that actually sold, (not those that were not sold and relisted). That will give you the average what they are selling for.
 
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The 586 was introduced in 1980 in blue and nickel finish, the same time as the stainless 686. My guess that most folks opted for the stainless rather than the nickel as the nickel finish is not seen nearly as much as the blue. And there are a lot of 686s out there.
The 5311 Spec Ord code indicates the 311th day of 1985 make date. I have a 686 from 1986 with a serial beginning with AUE, so I would think yours would begin with an A and second letter may even be a U also.
In top notch condition and with box, I would think it would bring around $700 or so. How you price it to a friend is another matter!
 
I appreciate all the help, like I said, just interested in a fair market value. I was more curious about the "dash" situation not really thinking that was going to be a big factor in the value. S&W does like to offer options in their revolver line so there is something for everyone. One last question, how long did S&W offer nickel revolvers?

Looks like we were both posting at the same time. More good info thanks. I was not going to offer it to him for anything close to that, I would like to continue to call him a friend as I didn't pay anything close to that when I bought it new.

BTW it's AEM
 
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I paid $260 with the features I listed above, and that was with shipping from the distributor and state sales tax. This discussion has me rethinking sending it down the road, maybe a range trip is in order!!!
 
That's cool, as long as he doesn't turn around and flip it for twice the price.

BTW, adjusting for inflation, $260 in 1986 is $571 today. That's what you paid in "constant" dollars, and seems fair to me.
 
Well I offered it to him for less than your "adjusted" rate price and he told me that he couldn't afford it so it looks like it will collect some more dust.
I have sent a message to S&W about the recall just to see what they have to say and see what is involved. If they are still doing the recall maybe I'll just send it up to them and have them check it over while it's there.
Were the grips that came with these models considered "target grips" ? I think they were Cocobolo, not to be confused with the "Coke" grips.
 
With in the last month, I bought a similar 6" nickel 585-1, no box, in very nice shape. My winning bid was $606.
 
I understand giving a friend a better price but not giving it away either. I prefer to not do business with friends but will help with info and such...they can find their own stuff and do with it as they please...I don't want to be involved. Inside the family I have given away guns (as many of us have) to my kids and even my son-in-law. But I'm sure that even though it's never been said that they wouldn't dare sell it before I'm gone! ;)
 
The "Friend" price would be ~$450 - $500 IMHO as I feel everyone makes out on that deal.
 
If it doesn't have an 'm' after the model number....

It hasn't had the factory recall work done to replace the firing pin and bushing that caused the cylinder lock-up from primers flowing back around the pin. Not a big deal with the value, as you can send it to them and they'll fix it. I've got a 686 that I haven't bothered to send back because it works great.
 
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