May buy Model 27-2 w/5" bbl

Oyaji

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Going to check out what appears to be a very nice Model 27-2 tomorrow. Last one of these I had with a 5" tube was back in 1967 the year I graduated from high school. Had to sell that one when I went into the service a year later. Been wanting to replace it ever since and now maybe I can afford it. Hope the seller is willing to negotiate; his asking price is $1500.00. Seems a bit high yet, I know these classy, old Smiths will only appreciate in the future. Like to hear opinions and comments from the pros/experts. Here's some pics....
 

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snap it up! $1500 is chicken feed.....beer....dates.....other things you spent x2 the $ on and have NOTHING to show 4 it???

as always "WHO LOVES YA BABY"
 
I've been S&W shooter and collector for decades. I currently own many S&W's in all the frames, calibers, barrel lengths and finishes. I own older collectibles as well as the latest production models. I've had the good fortune to have shot almost every configuration offered by S&W since the mid 1960's.

My all time favorite is a 5" Mod.27-2 in blue.

There is good reason why this particular handgun is generating higher prices and its availability becoming much less common. Not only is it considered the "premium" N frame produced by S&W but it is the only N frame that possessed the beautifully checkered top strap.

Many people today are recognizing the 5" barrel length that was made available on many Mod. 27-2's, as the perfect all-around length for the large "N" frame guns. I'm one of them!

I expect we will soon see the prices on these guns approach the selling prices of Pythons and we all know what has happened with those....

Buy them when you can! They could be the best gun investment you'll ever make.

 
Look at it this way. You have been wanting one since 1967. That is 48 years. The one you are looking at is $1500. That is ONLY $31.25 per year!!!

To my eyes, the gun you are looking at looks mint. The 5" presentation cases, while not rare, can be difficult to find. Your case looks to be in its very nice original condition. Finding them it that shape is a rarity. JMHO.
 
It is a high price in the current market, but not to the point that you need to feel bad about paying it...looking forward to the range report :).
 
You have to figure that the box, tools, documents add at least $200 to the price. (Probably even more).

I don't know whether I like a 4" or a 5" barrel more on an N-Frame. Then the 6" barrel is better still for shooting. Maybe the 5" is the ideal compromise.
 
Your location only says "West Coast" , if that means Commifornia then Free American pricing really does not apply.... ;)

Also how sure are you that the gun is a 1967 and do the target grips have black washers inside ?
Pics are low res and blurry to make out many rollstamp clues but the small frame ampersand, light colored grips , Integral FS ramp and modern L side barrel ampersand all hint that its more likely a 70's era gun IMO....
If you really want the gun i would also negotiate hard on what appears to be worn blueing on the cylinder in pic 4,

Need clear pics or even better a serial number to be sure.

Hate to be Devils advocate here but at that price level I would be shopping for a diamond grip era gun.
 
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Do IT! I have been grabbing 27-2's from 3.5-6 inch every chance I get. My rationale is you can spend almost as much on a new non-P&R gun with cheapo laser marks, MIM parts, and the dreaded Lock Hole. When you sell the new revolver anytime in the next 20-40 years you will not recoup your investment. On the other hand, your 27-2 5" you can shoot and enjoy, and it will only ever go up in value.
 
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I think the 1st one he had was a 1967 model, not the one he is looking at now.

My mistake,
I kept looking at the pics thinking "Thats not a 67"
Probably closer to 1977 and even more difficult to justify the ask IMO.

Not saying it isnt a nice 27-2 just that I would be looking for one made before 1967 with diamond grips in that price range,
The worn cylinder blueing spot is also a big minus.
 
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Well, I would not sell mine for any less than $1500, probably not then. Model 27s shipped in a cardboard box until 1975, when they began shipping with target sights, target trigger and hammer, in the presentation case.
The problem with a gun that nice, is that it is hard to take it out to the range. Mine just sits in the safe!! But, I have other 27s to shoot.
You can spend a fortune going to gun shows to find another one that nice, and then it will be priced for more. If that is what you want, I would not pass it up!!
 
Just me, but I never waited 48 years for anything.

If I desired a 5" 27, found a pristine example with case, docs, and tools at $1500. I would grab it immediately and drive home like I stole it.
 
Nice score r3captain; thanks for the link. You guys are pushing me over the edge. I'm only driving half the distance you had to. Be about another 3 hours before I meet with the seller to talk turkey and make a deal. Thanks for all the great comments. I'll provide follow-up later this afternoon/evening.
 
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