Model 16-4 Prices

mag318

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Wondering why the prices have gone thru the roof on this model. I bought one last year from a dealer with a 6" barrel for $1300. Looking at prices now in the Blue Book & Auctions nice examples are over $2000.00. Seems like they doubled over night. My LGS just got a minty 6" Model 16-4 and priced it at $2400. When I asked about it they said they priced it according to the Blue Book.
 
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Wow, that's crazy. They've been running $1500 sans box to around $2000, with box and goodies. I think $2400 for a 6" is pretty optimistic, imagine what they'd ask for the more desirable 4 and 8 inchers. Makes me happy I already have one. Pre Covid ammo was easy to find and reasonably priced; unfortunately, that's not true post Covid.
 

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I sold 2 last year, a 4" and a 6" and now wished I hung on to them. Looking at GunBroker the prices are impressive. Even the latest Blue Book which is usually very conservative list them very high.
 
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I bought one a few months ago with the tools still in plastic, no turn line other than factory and a 6" bbl. Cost was just under $2000. I think the book is off unless that is in as new condition.
 
I also bought mine when they first came out. It's a 6" model
with all the tools, wax paper, original grips and matching box.
Very accurate and still in excellent condition. Being in California
I never see these come up for sale. One of my favorites!
 
Just goes to show the truth of the adage: "If you find something you like, buy two because they'll stop making them!"
 
I bought a 4" that had been sitting in the case at my LGS for close to a year. It was 1992 I think. I want to say I paid around $400 but the owner had to talk me into it and grease the deal with some ammo. He was getting sick of looking at it and wanted to make room in the case for some other, more desirable stuff.
 
I picked up a 6" with box, papers, and tools just under a year ago for $1500. I'm glad I got it at that price when I did, now that I see some recent pricing on this model.
 

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You still have your 332???




I also bought mine when they first came out. It's a 6" model
with all the tools, wax paper, original grips and matching box.
Very accurate and still in excellent condition. Being in California
I never see these come up for sale. One of my favorites!
 
16-4

This might be the reason the 16-4 has increased in price!
TIw76PN.jpg

I bought this a few years back after the owner had it chambered to 327 Fed Mag. The exterior is rough but everything inside is great! The gun is a tack driver at 100yds, if I do my job! With the 32 long it is a great gun to introduce new shooters to the sport.
jcelect
 
This might be the reason the 16-4 has increased in price!
TIw76PN.jpg

I bought this a few years back after the owner had it chambered to 327 Fed Mag. The exterior is rough but everything inside is great! The gun is a tack driver at 100yds, if I do my job! With the 32 long it is a great gun to introduce new shooters to the sport.
jcelect

I've mulled punching mine out. I probably will at some point as soon as I put a few other projects behind me. Do you think it will hurt the value over one with a non- reamed cylinder?
 
I completed my trifecta four years ago with the final purchase being the 8 3/8" version at $1600 (which was the most expensive of the three).

16-4s.jpg


While the combat stocks are nice, I thought these deserved stocks by iconic makers. The 4" are Hurst's, the 6" are KB's and the 8 3/8" are Fuzzy's.

Adios,

Pizza Bob
 
Well
I guess I'm late to the game as I paid quite a bit for all 3 of mine!
I just picked the 6 up 3 weeks ago and I can say I got a great deal! but not at the prices as some have paid in this thread. Mine are 99% papers tools as well. All 1st year manufacture. Boxes are in great shape. bought these to have as a collection so no shooting. I have shot all 3 sizes and Love em! When I decide to sell I plan to put 1 cylinder full to shoot as I will do with all of my collected guns God willing.

Cities
 
If it's a pre-lock with factory Goncalo Alves combats and LNIB, you can give a couple hundred more than it's worth. In 5 years, it'll be worth more than you paid. It's getting harder and harder to find mint guns that are 30-40 years old.
 
I've mulled punching mine out. I probably will at some point as soon as I put a few other projects behind me. Do you think it will hurt the value over one with a non- reamed cylinder?

If your gun is in 95%+ condition I would not punch it out to 327 Fed mag. Ammo is hard to find, unless you reload, I would guess you will hurt the value by 25%. The one in my picture is probably in about 60% condition and I bought it already punched out to 327 Fed mag. I'm a sucker for the unusual Smith! A 617 8 3/8 chambered in .224 Harvey K-Chuk, a 7 1/2" Full underlug mod 29-5 chambered in 22 Hornet, a 10 5/8" mod 57 Silhouette.
jcelect
 
From a collector standpoint, I wouldn't ream, but the shooter in me made me do it.
I've had these two 4" -4's with boxes, etc for some time now. I think maybe around little over $1k in the pair, but would hafta check.
The lesser condition of the two (top), has been reamed to .327. And as anyone that's fired one can confirm, it's a fun round. My 2 cents if going .327, go with the longer 6 or 8".
On a side note, the versatility of firing ACP, Short, Long, .32 mag, .327 mag, etc.
Probably about most any straight-wall .32 caliber case that'll fit in the cylinder?

ce427592cdac4c9063931432d4c0fff5.jpg
 
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