M&P?

[rwadley1]

I'm still learning about revolvers from this time frame.

A shop in town has a nice pre model 10 (M&P?) from around 1950 (serial C185xxx). At $895, I believe their asking price is way out of whack.

That said, the finish and stocks are really nice. I haven't verified the stocks are number to the gun. No box or paperwork.

What would you pay for something like this?

 

[murphydog]

Without the box and contents I would see this (very nice) gun at about $550-600 in the current inflated market.

 

[Sevens]

I agree that it's a little bit tough to price that. When it comes to collectible guns and values, there are a few things that truly make up the market price.

A) rarity of the model
B) rarity of original features on the example
C) in original as-shipped condition (NOT MODIFIED and original parts)
D) condition, condition, condition!

There are other categories but I think these are the big ones. In "A", you have possibly the lowest rating ever! And I'm not being mean, I'm just saying... what, six million?

In "B", I don't think this is showing any rare original features, so that shouldn't be raising the price either.

"C", looks awfully good for this category, but would take closer inspection and need to shake it out mechanically. Obviously, need to get close eyes on the stocks.

"D" looks really good, but again you'd need it in your hands with lots of light.

With all that said, I think it's definitely priced on the high end of this market. I could see that price if it had a factory letter and it's original box and cleaning rod. Possibly a price slightly higher with a top-condition original numbers matching box.

 

[22hipower]

I'd say $895 is about $200 more than I would expect to see it priced at where I shop and I'd expect to pay less than that. On the other hand, I looked at a Winchester M61 that was in really nice shape yesterday and the LGS was only asking $3k for it. I picked it up trying to see what justified that price, must have scowled a bit as the owner said, "well, I've got one not as nice for a lot less." He only wanted $1800 for that one. So I may be out of touch a little on current prices. Good luck.

Jeff
SWCA #1457

 

[Swissfan]

I picked up the one below 2 years ago for $525, which I felt was a little bit high at the time. I was on the fence whether to purchase it or not, but am ultimately glad I did. Obviously everything as gone up. Mine does have the slightest holster wear on the muzzle. I also think the $895 is high, but if I wanted one I would make an offer I was comfortable with. When will you see another one like that?

 

[JP@AK]

First, C185xxx probably shipped in 1951. I show one very close to that number that shipped in November of that year.

The one you are looking at appears to be all original and is in great shape. Nonetheless, I think the price is about $250-$300 too high, even today.

 

[MHF]

I don't mean to walk on your post but is that a Mod 41 above?

 

[gmborkovic]

Did you see this M&P in NC? Were you in the Golden Triangle?
Dang, thats high priced.

 

[rincar]

I wouldn't pay over $500.00. Unless it had the box and other tools with. There are Millions of this model out there.

 

[DGNY]

To the OP: I agree with the other comments that the price seems a bit high. Yet, how many does any of us see that we can look at in person, rather than going onto auction sites?

Sometimes I think of such things as follows… A simple filling in a tooth costs now several hundred dollars. In six months, will the pain of not having purchased that at least equal the cost of the pain reduction from the filling?

 

[epj]

Personally, I’m not a great fan of fixed sight revolvers. Maybe a Heavy Duty, or a 58, but not a M&P. That price is just about double what I would consider paying for a K frame .38.

 

[rwadley1]

Did you see this M&P in NC? Were you in the Golden Triangle?
Dang, thats high priced.

Yes. That's what I thought.

I dont mind making offers, but when I'm this far away from a sellers price, I usually just move on...in my experience, there is always another opportunity around the corner.

 

[rwadley1]

I don't mean to walk on your post but is that a Mod 41 above?

No. It's a Hi Standard Victor.

 

[raljr1]

I would agree that's a couple three hundred high.. looked at a nice M&P the other day, nickel, in exc condition for $700 and I thought that still a bit high...but i did waffle a bit before walking away.

Robert
SWCA #2906

 

[rincar]

I purchased a real nice-looking M&P with a 5-inch barrel about 2 months ago for$300.00. Which is a much older version of the Model 10. they are great guns.

 

[wheelgun610]

Looks like typical pawn shop pricing to me. They probably don't have more than maybe a couple hundred invested in it.

Mark

 

[hkcavalier]

I really dislike pawn shops with this pricing model. Everything is way high and they have case upon case stuffed to the gills with guns because nothing moves very quickly. It certainly draws a crowd (wowie lookit all the gunz!) and all it takes is one sucker for each individual piece. I have seen individual handguns sit in a case for years, never once dropping in price, then one day you drop in and they're gone.

They seem to be a dying breed, but I strongly prefer the shops that get in batches of guns, usually from estates, and price them to sell quickly or put them up for auction. You have to keep up with their lists (easy if posted online or they send them in Excel to their email list, hard if you have to call or drop in) and you'll be the second guy in line for a really desirable piece, but that's the way it goes.

 

[JP@AK]

There is a 5" M&P from the mid 1920s sitting in a pawn shop near me. It is priced at $595 and is in NRA Good condition at best. It has been there for at least six or seven months. I told the shop owner it is seriously overpriced. He said it is a consignment gun and the owner won't come down. I don't suppose he wants to sell it very badly.

 

[charlie sherrill]

I wish I had kept all of these I have bought over the years for under $100.00.