Looked at a model 1 today..( edit: 1 1/2 )

F75gunslinger

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A guy walked into the LGS today with a few guns he was interested in selling. Had an 1882 ( edit: 1886 )Winchester in very good condition in 45-70 that I drooled over. Also had a Model 1 ( edit : single action model 1 1/2 in a nickel finish ) in 32 s&w.I looked it over, in great shape ( he said it had been refinished by a friend that worked for Turnbull). If he hadn't told me that it was refinished I probably wouldn't have known. So my question is, what would a reasonable price be? Judging by what he wanted for it I'm pretty sure it was a 3rd edition(change) model.
 
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1- I thought the Smith & Wesson # 1 was in .22 short.

2 - What exactly is a Winchester 1882?
 
I thought he said it was a model 1. I looked at it quickly. The gun honestly looked brand new. So condition was excellent but it was refinished.

After looking at some pics, it looks like it's a model 1 1/2. It was a. 32 caliber. He was looking for just under $300.
 
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".32 Safety Hammerless 1 st model" is at least a $200 gun as long as the firing pin isn't broken. A few years back I had one in very nice bluing condition but a broken firing pin. Sold it for $150 at the Orlando show (when you could do that). HTH. Joe
 
1- I thought the Smith & Wesson # 1 was in .22 short.

2 - What exactly is a Winchester 1882?

Apparently I have my numbers all screwed up today.

The rifle was an 1886, made around 1891-92. 45-70 caliber in amazing condition.

The pistol was a single action model 1 1/2 in nickel .

Looked exactly like this..same condition as well pretty much.

400px-S&W_Model_1_and_a_half.jpg
 
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I'd say a 1 1/2 (New Model) 32 Center Fire in that condition (refinished) would easily be worth $300. In an auction it could go a little higher, but there were a lot of them made, many were sock drawer guns, so quite a few survived in pretty nice condition. Only NIB pristine copies bring any big money, and then just upper hundreds.
 
OK, not a Smith; what did he want for the 1886, Win. 45-70? I already have 8 or 9 of the .32 Single Actions.
 
To me the SA would be an OK buy at $250 to $300 so he is right in the ball park. You can buy shooters for $150 to $200 but if it was all original finish in that condition I would expect somewhere around $450. So with the refinish the price was like I said - OK.

Can't say for certain on the 1886 other than if it was all original and really nice, that also sounds like a reasonable asking price.

Just my quick opinion without seeing the guns.
 
A refinished 32 Single Action revolver is worth $300 according to Supica's book. It kind of depends on what you want to do with the gun. I have a few in the back of my safe that have all been shot, but the attraction quickly wears off as a shooter. A shadow box is an appealing alternative if I had more wall space. There are rare examples of this gun in 5", 8", and 10" barrels, but almost all were made with 3 1/2" barrels.

Part of the confusion may be with the name your seller gave you. There is a tip-up Model 1 1/2 in 32 RF, and it was confusing when the factory re-used the same name for their centerfire spur trigger back in 1878. They did the same for their Model 2 name, which was a 32 RF tip-up and a 38 Single Action in 38 CF. Today's accepted name is simply 32 Single Action, which is in 32 CF.
 
Not enough info on Winchester 1882 er um 1886. If 45-70, it could be a lightweight takedown variant (45-70 or 33 WCF) also we would have to know if it has any special order features, condition, antique vs modern, etc will fall have some effect on value.

As for the 1 1/2 32 refinished, I would say that $300 is upper end for a refinished example. If it perhaps had special grips, more. Also blue versions are rather scarce, but since its refinished, the significance of blue goes out the window.
 
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