If you think Colt Snake DAs are over-priced

[jtcarm]

It's only going to get worse.

Rock Island Auctions reported record prices for Colts of all types, but the Pythons in particular:

Feeding Frenzy: Gun Auction Finishes 2014 With $47.5 Million in Sales | Gun Digest

 

[Xfuzz]

Colts have made a large price increase
just this past year.
I have the Smiths I want and I refuse to
pay 4 digits for any -2 S&W.

So...I have tried to pick up a few Colts.
Namely, SAA's and 1911's.
I think I maybe too late.

 

[Rocket3]

Of the couple dozen handguns I’ve had in my personal collection and sold or traded over the years my number 1 without question “man I wish I hadn’t done that deal” was an 8” Anaconda.

That being said, no way would I pay current prices for one. Not when there are a lot of really nice 29 & 629-3’s out there for under a grand.

 

[deadin]

I've been collecting and accumulating guns of one sort or another since I was about 14 YO. (I'll be 74 next year.)
I've never owned a Colt SAA as they have always been just a little more than I was willing to pay.

Looks like this trend will continue........

 

[M3Stuart]

Sounds like some very rich people wanted to build their firearms collections.

Well, good for them and, especially, good for the people who sold them for top dollar and collected the cash! I can hear them now; "yep, I picked that up new for $200 and sold it for $XX,XXX!"

 

[NYlakesider]

About a year ago I adopted a nice Dick Special out of a LGS. My first Colt revolver! I really liked the gun and If I’m in the right place at the right time would like to find a nice “baby snake”—COBRA.

Just yesterday I stopped off at a LGS I do business with and the manager said he just had a customer leave 10 minutes before with an Anaconda he wanted to sell. Store and seller could not come to price . I have no idea what numbers were bantered around or condition or barrel length, but I will keep my eyes and ears open.

I notified my son to keep his eyes open as he has helped me in the past. About 7 months ago he located a real decent S&W 547 (9mm) at a LGS about 50 miles from me that I have been looking to get for quite a while. The best part the price for this odd ball was real good. Like said above right place right time!

 

[MrTrolleyguy]

I am glad to hear that news. A few months ago when I was doing a lot of safe cleaning (selling) I thought about just getting a bigger and better safe by selling a snake gun or two. Now I am glad that I held back.

But how long will it take for those RIA prices to show up at online auctions?





This is the other.






I am warming up to these Nickel Colts

 

[jtcarm]

I owned a Peacekeeper for a number of years, basically a Trooper MK V with a matte finish. I sold it about a dozen years ago to finance my first set of cordless tools. I don't really miss it.

Only other was a Series 70 GM. It's not that gun I wish I'd kept but one of the two I got in trade: a Hi-Standard Supermatic Citation. That was sold to finance my first-born's baby furniture, so it went for a good cause. Although, I must say, I can't recall what that stuff looked like, and who knows where it ended up.

 

[jrs70]

I have a 2 1/2 inch shooter grade Python I paid $600 2 years ago and have turned down $1000 and $1200. Just unreal.

 

[JustinL]

This is all a consequence of asset inflation due to quantitative easing.

We'll see what happens now that it has come to an end.

 

[LimaCharlie]

None of my Colts are for sale.

 

[Ben_hutcherson]

I prefer the "non Snake" Colts. In many cases, they shoot just as well as the "snake guns" but don't carry the price tags.

Although I have several 357 Magnums, including 3 S&Ws, one from "the other Wesson", a Rossi rifle, and Colt Trooper. The Trooper is a V-spring action gun with adjustable sights-it effectively is a 357 model without the high polish blue(kind of like an S&W model 28 vs. a model 27). The 357 is, in turn, effectively an Officer's Model Match with a heavy barrel, a frame mounted firing pin, and of course chambered in 357 Magnum.

I'm still looking for a nice 357, but that's as close to a "Snake Gun" as I'll likely get in in the immediate future.

 

[arjay]

I bought a 4" anaconda about 5 yrs ago for $750 and a 4" python for $900 as investments.Sold the anaconda a few months ago for $1700 (and I used it a lot) and the python sold for $2700.

 

[gustmez1]

I think the current inflationary prices of Colt's has to do the the metaphysical situations in our environment and the relationship between the earth and the moon. Of course the cumulative effect of the digressive effects of gravity play an important role in this phenomenon.

 

[Engineer1911]

Colt prices

Ego + $$$$ = insanity auctions









Large ego + big bucks = insanity auctions

 

[koz5614]

Ego + $$$$ = insanity auctions

Brilliant. It's mind blowing when a person drops $3K+ on a 2-1/2 Python; even more mind blowing when there's a bunch of others saying what a great deal it was.

 

[Jessie]

I have a friend who's trying to sell his series70 1911.
It's kind of rough but not un salvageable, but I just don't have the extra cash and I already have a GM.
I'll probably kick myself in the butt for not moving on it, and I may still do it....time will tell. I think $500 would close the deal.
Sometimes I'm such a waffler.

 

[mc5aw]

Deeps pockets have overrun the Colt market as they did with vintage guitars, muscles cars, and baseball cards in the past. It is simply a function of tulip mania fueled by supply and demand. The Colt prices will level off somewhere, and then there will be a load of folks who paid up and will have to wait for their respective investments to appreciate further. Perhaps a lifetime, perhaps less. If you have $3K to drop on a Snake gun, God love ya. Enjoy looking at your modern art masterpiece as most don't get fired. Personally, I'm no longer an accumulator or collector, and am relegated to carrying and shooting a handful of working firearms that were more modestly valued. I'm satisfied, and have no interest in being with the big ticket crowd.

 

[bmcgilvray]

Pythons are fine but there are Colts that are more neato. For instance the Python's predecessor, the identical inside 3 5 7 with it's far more miniscule total production might just be the better gun.

 

[nocents]

I think the current inflationary prices of Colt's has to do the the metaphysical situations in our environment and the relationship between the earth and the moon. Of course the cumulative effect of the digressive effects of gravity play an important role in this phenomenon.

..............or maybe because Rick uses one in "The Walking Dead"....