LGS just acquired a 28-2 4-inch, blued. It's an N518XXX serial number that based on a member's earlier post would date it to 1978. Looks to be original, no alterations or refinishing and is in very nice condition. No holster wear or other indications that is has been carried or fired significantly. No box or papers.
Problem is, it is on consignment and (like all of us) the owner wants top dollar.
Looking at GB and other web sites like True Gun Values, prices are all over the place.
Stocks could be original. Asking is $1500!
Unfortunately, I have no photos at this time.
Any thoughts or other feedback will be appreciated!
You are not wrong. The premium for a Model 27 in the same condition is getting smaller. However, that may just indicate that the price of a Model 27 peaked a few years before the 28. Prices of guns showing clear signs of use only go so high. There are many Model 28's around, and people just move on to the next most popular gun they see discussed online. Just posting what a bargain a Model 28 is compared to a 27 makes more people want to buy the "bargain" gun.Just my personal thoughts / speculations, but I do not think M27 prices have been rising as fast as M28 prices. In fact, I think they're getting to be pretty much in the same ballpark. Tell me if I'm wrong.
Wow! Good price on that one.... $550 plus tax/background check fee. ...
Sounds like you've thriving business. Most Smiths I buy to keep.I have found almost any N frame is worth $500-$650. I started to move all my 28s that weren't 5 screw from my safe I priced them all at $800, This was 6 months ago. they ranged from 65% (exCop guns to 98%) sold them all within 2 weeks. I notice that Hi end guns around here are going for about $1200. You can pick up a M27 blued 6-8 3/8s for two or three hundred more and they are much slicker. All the 3 1/2 inchers (any model) are priced very high. Someone offered me $1500-$1600 for one of my 5 screws it would be gone in a heartbeat.
SWCA 892
FYI I just noticed a M-27 and a M-28 for sale on this forum $1900 for both.