Is $1,000 in line for a very nice 5" 27-2?

[Tom_R]

I have a 4" 28-2 which I love, and I would like to star pt a small collection of S&W revolvers. I would like to add a 27-2. I have a possible opportunity to pick up a very nice 5" for about $1,000. That's a hell of a chunk of dough but the market seems strong, and the price may not be out of line.

Is this at least in the range of sanity?

 

[Dennis The B]

Wow! Just over 18 months ago, I picked up a nice one for just over $500, and from a LGS, not a private sale.

I'd say that $1K is at the very border of insanity. In my eyes, a better price would be between $700 and $800. It also depends on whether it's a nearly NIB, and with the display case. With those accoutrements, it might be a $1K gun, but without them, I wouldn't go more than $800.

I love the balance of mine. It's better than my 4" model 27-2.

 

[JohnRippert]

That would take about half of my "discretionary" funds but for a 5in M27 in really good condition.......I would probably do it.

 

[richard cabesa]

I'm in California. I'd give my left nut for a 5"

 

[Mike Grasso]

It's about $200 too much.
Just turned one down at $800.

 

[fyimo]

That price is one the high side and is usually only paid for one that is in mint or 98% or better condition. If it comes with the presentation case and goodies then it would be worth that without question.

 

[Candrews86]

That price is one the high side and is usually only paid for one that is in mint or 98% or better condition. If it comes with the presentation case and goodies then it would be worth that without question.

I paid that about 3 months ago for a 99% 5" with presentation box and tools. I hated to spend that on it, but they're not getting cheaper. In a year, you'll look at the same gun and it might be $300 more. They hold their value as well. I've never regretted buying an N frame, ever.

 

[stmry]

$900-$950 for a very nice one has a better "ring" to it, and is still in the "ballpark."

 

[Hapworth]

I'm always a little surprised at how quickly comments roll in on what is or isn't a reasonable price for a given revolver in the absence of significant information required to assess.

What is the precise mechanical and cosmetic condition of the 27-2 ("very nice", objectively, means nothing)? Is it the gun alone or with box, tools and docs? If so, what's their condition? Is $1000 the seller's opening request or the lowest he's willing to go after protracted haggling?

No one can meaningfully help the OP without this information and up-to-date knowledge of what things are selling for on the current market.

 

[H Richard]

The 99% gun with the original box and all accessories might be worth that, but if that is a gun alone it's too high. If it was a Pre 27 in 99% it might be worth that amount without the box.

 

[Tom_R]

It was is vey nice condition with what was all of the original blueing and era appropriate grips.

It got snatched up this morning.

Oh well, I'll have to keep looking.

A very sincere thank you for the feedback gentlemen!

 

[jtcarm]

I'm in California. I'd give my left nut for a 5"

That's definitely tender, but I dunno if it's legal.

 

[Candrews86]

That's definitely tender, but I dunno if it's legal.

Go to Washington DC, I've heard they have excellent nut removal surgeons.

 

[03Fatboy]

I'm in CA, and I ain't given up any of my nuts. $1,000 is too high for what you described.

 

[George_in_SD]

The 99% gun with the original box and all accessories might be worth that, but if that is a gun alone it's too high. If it was a Pre 27 in 99% it might be worth that amount without the box.

Where does the line start for $1000 99% Pre 27's? I've got a sack full of money to buy at those prices.

 

[Doug M.]

It got snatched up this morning.

Oh well, I'll have to keep looking.

*
Ok, we now know that at least one person in that market area thought that price was just fine. The issue of where one is might have a heck an impact. Prices are not going to come down, and one has to determine for themselves what price they will pay. I don't need a 5" M27 that badly, but I had a feeling the price was not out of line for March of 2014. Might be for some day long gone, even February of 2014, but that's no longer an issue.

I'm in California. I'd give my left nut for a 5"

*
How were you able to keep even one in California? I thought those were on the banned list.

 

[greenmachine]

I just bought one new in presentation case with tools and paid more that that. No regrets.

 

[Candrews86]

I just bought one new in presentation case with tools and paid more that that. No regrets.

Value is truly in the eyes of the beholder. Sure, you don't want to make a stupid financial decision or get ripped, but its not 1984 anymore, prices are rising. The only regret I've EVER had was passing on a gun I really wanted, never paying $100 or so more than what it's "worth". That's a very loose term as well. Pay the fiddler if you wanna dance