Does this mean I did not overpay a lot for my 5" pre-27?

[bushmaster1313]

For my 60th Birthday last December I treated myself to a 5" pre-27 with matching grips. Hit the "Buy-It-Now" for about $1,550.
I assumed I probably paid $100-$300 too much but I did not care. Wanted a 5" matching grip pre-27, New Jersey permits to purchase a handgun expire quickly (you do not want to know) and it was my 60th.

Today I saw on the for sale sub-forum that a 5" 27-2 with grips that might not be matching sold in half a day for $1,000.

Makes me think that maybe I might not have overpaid.

Thoughts on the market?

 

[pawncop]

You never pay too much. You may buy too early.

 

[bushmaster1313]

You never pay too much. You may buy too early.

Unfortunately for some, that dictum might not ring true for standard grade American Side-By-Side shotguns. Lots of talk on the Forums about the big hit in the market for SXS's

 

[M_conrad_0311]

I like that pre-27! I have never overpaid for anything that I have bought. Now, that doesn't mean that I might not have bought it too soon. If you are treating yourself, then it doesn't really matter what the cost was? If you are all right with what you paid, then it will never really matter. Don't try to justify it by the prices that are out there be happy with what you paid and do not look back.

Forget everything that I just said if you're going to try to sell what you buy.

 

[moralem]

I guess for me you never pay too much for anything if you have the cash to buy what you want when you want it. Now, if you did not have the cash and you had to beg, borrow, steal, or buy on credit then you might have to consider that maybe you are paying too much for something. And as long as all your other financial obligations are met and you have the disposable income, buy at any price what you want. That is a fine looking gun.

 

[bushmaster1313]

I guess for me you never pay too much for anything if you have the cash to buy what you want when you want it. Now, if you did not have the cash and you had to beg, borrow, steal, or buy on credit then you might have to consider that maybe you are paying too much for something. And as long as all your other financial obligations are met and you have the disposable income, buy at any price what you want. That is a fine looking gun.

I agree with all of the above.
I do, however, like to check the pulse every so often of the market price for the guns I like.

 

[moralem]

I agree with all of the above.
I do, however, like to check the pulse every so often of the market price for the guns I like.

I understand, we all like some validation that we are not completely nuts and that we do know what we are doing, even if our loved ones don't understand us.

 

[SDH]

The same revolver,in the original box with all the tools including a $100 screwdriver just hit $1527 on Gunbroker. Four days left in the auction. I'm watching because I've got the same gun, one of my favorites!

 

[mh51]

To me, the early 27's were the top of the line for S&W. The fit and finish was as good as it gets! The 5" seems to have the best balance of all, so I think you gave yourself a gift you can enjoy when you're 80.

 

[wheelgun610]

Anyone that's never overpaid for a gun they really wanted probably regretted it....

Mark

 

[amazingflapjack]

I saw that gun as well, and to me it was under valued. A 5 inch especially, IMO.

 

[DWalt]

You never know if you overpaid for a gun until you try to sell it.

 

[Targets Guy]

They are not making any more pre-27's so you have that going for you. Beautiful revolver.

 

[YeshuaIsa53]

That is a great price for a 5" Pre 27 like yours. Nice gun! Don't compare yours to a 27-2 price-wise in shooting condition. Plus, yours is a five screw with the correct grips. Great price.

 

[JP@AK]

I guess I did okay. Bought this 5" 27-2 last year for $450 OTD. It included the original box, although the box isn't in as good condition as the revolver itself. I have no complaints!

 

[frankynohankypanky]

I sold twenty three S&W's in the recent RIA auction including a 5" Pre 27 with a box (lot 554). It sold for $2750 plus buyer's premium, total $3162.50. On that basis you didn't pay too much.

Frank S.

 

[beagleye]

You did great. That's a treasure.

 

[Bakebfr480]

Has it been re-finished?

 

[H Richard]

Have you been watching auction results? Pre-27's in really nice condition going over $2000 frequently. Holding their own against Pythons.

 

[stu1ritter]

Last year on the local Armslist (which is viewed religiously every morning) up popped a 5" Pre-27 with an asking of $1300. I called the gent at 7AM and the deal was done by noon. I did not quibble about the price, and he told me he was only selling it because he had a line on a registered magnum and needed the difference. Personally, I would have bought it at $1600 if he asked that. I wanted it, it was available and in a condition that matched the price. Couldn't ask for more. It will become your favorite Smith, it has mine.

Stu