My conscience nets me a 4 screw 29 UPDATED WITH PICS

Patrick L

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This is abit long, but a good story. As a prequel, you just need to know that I have been searching for an older Model 29 for about 3 years now. Had to be pre lock and frame mounted firing pin. 4 and 5 screw guns are extra nice, and of course I like pinned and recessed guns. Now onto the story:



One of my wife's coworkers is a widow. She casually mentions that she is going to call the police to turn in her late husband's "military rifles" since she wants them out of the house. My wife says don't do that, let Patrick take them, he'll either sell them for you or maybe even buy some himself. Widow says to me, "OK and since I appreciate you doing me this favor, if there's a gun you like you can just have it." Fine.

Well, it turns out she doesn't have military rifles (too bad since that's what I'm into; I was hoping to find a SMLE, 03A3, or maybe even a carbine) but rather hunting guns. That's cool. There were 5 guns, 4 pieces of junk and a Winchester Model 71. Now this is not my area of expertise, but I do know the Winchester is a nice old gun and that the Model 71 is somewhat desireable. I say Gee that's a nice levergun and she says well then you just take that for yourself. I'm thinking it will be fun to cast bullets for this. I said thank you, I'll try to get what I can for the other 4, probably $100 or so total, and get the $$ to her. She's happy since she was originally just going to surrender them for nothing.

Well, you know the rest. It turns out the Model 71 is worth a few bucks. How much is debateable, the internet folks are generally nuts as they can always document every gun the sell as having belonged to General Custer or Abe Lincoln himself, and therefore worth the prices they are asking. A dealer I trust, and who prices things realistically so that they move quick, said he would sell it easily for $1500, and offered me $1300. Another guy, a former dealer, concurred that that was reasonable.

So now I have a moral dilemma. I didn't know these things were worth this much. I simply cannot just take this gun. I know some of you will say I'm nuts, but that's just me.

I call my wife's friend, thank her and tell her I just can't accept the gun, so would you like me to sell it? She says sell it and we'll split the money. I still am not comfortable, I say no I'll just sell it. I do say that sometimes you can get a higher offer in trade, how about if I find a gun I like somewhere. She says by all means, she wasn't expecting anything so if I can work a deal that gets her some money and me something I like that would be fine.

So now I call another place I frequent, who often deals in older stuff like my gun and often has interesting things. I ask if he's interested in the 71, and does he happen to have much in the way of used Smith N frames? He says yes and yes, he believes he has a few Highway Patrolman models and a Model 29. I go there and he spends over an hour with me going over the 71. He concurs with what everyone else says, and offers me $1250. I ask to see the Smiths.

He says he was mistaken about the Highway Patrolmen, they were already sold, but he gets out the 29. Its a 4 screw gun, I believe a pre 29, but I'll need to research that more. The gun is fairly tight, it shows signs of use but not abuse. There is some blue wear on the end of the barrel and bottom of the trigger guard consistent with holster wear, a little blue wear on the backstrap from shooting, and there is a drag line on the cylinder. Like I said, use but not abuse. Bore looks new. Gun has diamond Cokes. DIAMOND COKES!!! It has the original presentation box, the old black vinyl covered type. Box interior is rough but salvageable. Price is $700. I ask if he will go 500, as to the condition. He says no, he thinks that due to the vintage of the gun, and the presence of the box, he could get 700. I say what would he allow on trade for the 71? He said 1500. I said if he will allow 1500, but give me the $800 back as change, we've got a deal. He initially said no, but then said OK since it was for the widow.

Some of you more expert in gun values may say I got hosed. I don't think so. I'm going to put $500 of my own gun fund in with the $800 and give it to my wife's friend. The way I see it

1. The nice lady who was expecting nothing gets $1300 (actually more once you add the other 4 guns)

2. For a net outllay of $500 I get a gun I really like, and have been looking for for awhile now.

3. The dealer will make money on the 71.

4. I slept like a baby last night.

I think everyone wins.

Waiting for my ammendment, when I get the gun pics will follow.
 
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You sir are a class act. I hope if I am ever faced with a similar situation, I will act as good as you. I hope you enjoy your new revolver.
 
Patrick, well done, no good comes from stealing from widows or anybody for that matter. It sounds like you picked up a very nice gun at a good price and your wife's friend received a nice windfall she did not expect. You can enjoy the gun as a reward for your help and honesty.
 
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The Bible has something to say about stealing from widows and orphans, so you are in good stead with the Good Book.

I had a similar situation recently. A friend had a friend, whose gun-collecting husband died, and she asked me for help disposing of the guns. I went through them and valued them, and also went back home and looked up the ones I wasn't sure on for values. I then looked them all up on GB and AA, and printed off recently completed auctions, so she had confidence in the prices I was valuing them at. I also explained book value vs. pricing them so that they move, but so you still make money. She was very thankful that I both didn't take advantage of her and spent the time to let her in on the process -- added to her confidence that I was being fair. My dad bought one (M-1 Garand that needs a spring kit), and I bought one (older, 2" S&W 34-1), both of which were paid at her asking price. I sold the rest for her through my gun club's newsletter and to some people I knew had interests in certain types of guns. Finally, we got rid of the last couple by selling them to a pawn-broker gun-dealer, and she used my information I had provided to talk him up (not all the way - he still made money, but she got considerably better than his initial offer and she was very happy with the end resulting cash). Even sold his gun cabinet and the ammo for her.

In the end, she had two 1911 magazines (from a big-name, expensive maker) that weren't for any guns I had sold for her. Come to find out she had sold a 1911 and a 1903 Springfield, before I met her, and those guys had taken advantage of her. She gave me the two magazines as "payment" for all of my help. I didn't want to accept, but she insisted.

The best part of all is that now that I have a good reputation, I'm confident I'll get more calls for help. I won't make anything off of them either, but I'll get first shot at possibly some interesting-to-me guns.
 
I did the same thing helping with an estate of a friend. I bought a few Glocks I didnt want and paid Blue Book for them to generate her some quick cash... but the payoff was a Colt AR15 at 1/2 Blue Book for my time.
 
I think you really did the right thing. It's nice to find a gun at a give-away price, but not from an elderly widow. Stout fellow! :D

Its a 4 screw gun, I believe a pre 29, but I'll need to research that more.
Not meaning to be a smart-butt, isn't the only "research" necessary just opening the cylinder and looking for "M 29-x"?

Or am I missing something? :confused:
 
Patrick,

I commend you on the way that you handled the situation with such integrity and honesty. That is the way things used to be done in this country before too many began to deal from strictly an opportunistic perspective even if it involves preying on a uninformed little old lady.

Years ago I used to collect German WWII edged weapons. A local collector who I have been acquainted with call me one day to look at some items that he recently procured from a WWII US Vet's widow. When I arrived he showed me an early P38 in pristine condition with all matching numbers, including the clips and holstered in a very nice period appropriate holster. He also showed me a 98K engraved blade bayonet also in pristine condition. He already had in his collection a mismatched P38 and a plane blade average condition 98K bayonet. He advised that his plan was to switch both the P38 and bayonet and take them back to the widow and tell her he decided that he did not want to buy them. I told the rat that I was glad he called me since I would offer him two choices. One, he could return the original items or, two, he would pay her fair market value. I wrote down the serial number of her P38 and also told him if he attempted the switch I would advise her to contact local law enforcement and report the gun and blade stolen. Needless to say he elected to do the right thing!
 
You did the right thing. Absolutely.

This subject really gets to me. I've lost quite a few friends in the last few years, and if they're gun people, it's disgusting to see the ring of vultures, swarming around the widow of someone that called them friend, trying to scam her out of his collection. All the while, claiming they're just trying to "help" her. In one case a guy gave the widow a lowball offer, claiming it was "top dollar". Thankfully, another friend got involved, and got her just under four times what the first "friend" said was the "best she could do". It meant close to seven grand more, for a widow who needed the money.

Now, since we're on the subject.... the other side of the coin is when the deceased gun owner has left a list of his guns and values for his widow.... that are higher that anyone has ever sold the same guns for....ever.... I've had to deal with that one as well.

Bottom line..... make these kind of arrangements before you croak..... OK?
 
Thank you all for the kind remarks. I take it I didn't do too bad on the deal either?

Jack Flash, you're not being a smartbutt at all. The reason I say I need to research the matter is that the gun doesn't have a model # stamped inside the yoke, but I thought the switch to 4 screw frames happened after the switch to model numbers.

Can anyone comment on this?
 
Jack Flash, you're not being a smartbutt at all. ...
Whew! I thought I may have crossed into smart-butt territory on that one... :D

And you are right about more research needed!

What's your serial number? (xx out the last two digits if you like) Supica says that there were 6 thousand or so made with a five-screw frame and a four-screw sideplate. So you may well want to research this.

FWIW, there were also some more conventional four-screw pre-29s made in the '56 - '57 timeframe.

Either way, sounds like a great buy.
 
I picked up a 4 screw pre 29 a few months ago. Don't know how many were made in this configuration, but they are one of the hard 29's to come by. I think less than the 5 screw pre-29's.

Mine is in the S181xxx range and is one of the higher numbered pre-29's. Yours probably in the 170000 to 180000 range?


Charlie
 
Ya done good. You got her more than she expected and a good deal for yourself. I sold a set of cokes for over $800.00 a few months ago. The black box went for $400.00. I don't know where the gun is though.
 
You're a good man. You got a good deal on the gun you wanted & did the right thing. Did you ever think you wouldn't have found the 29 if you weren't helping the widow? I had a similar situation about 20 years ago & still feel good about it. A clear conscience is worth more than a good deal any day.
 
The way I see it

1. The nice lady who was expecting nothing gets $1300 (actually more once you add the other 4 guns)

2. For a net outllay of $500 I get a gun I really like, and have been looking for for awhile now.

3. The dealer will make money on the 71.

4. I slept like a baby last night.

I think everyone wins.

Plus, you develop/enhance your reputation which will only lead to more good things.

Great story.
 
Jack Flash,

Thanks for the info! The sn is S 1738xx. What does that tell you?

The way it works in NYS, I have to wait for an ammendment to my permit to clear and get signed by the judge before I can pick up my gun. The good news is, my county is one of the more gun friendly ones, so they tend to get things processed quickly, usually within a week or so. Generally the only things they care about is "How much did you pay, and how does she shoot for ya?" if you know what I mean.

Pics will be posted as soon as I get her.
 
Your gun probably shipped in 1957, but hard to say when in 1957. I base this on a few I have or had. I think there was approximately as many non model marked 4 screw guns as model marked ones and both were made only a short time before the 4th screw was dropped.
 
Thank you for the mfr date! Just out of curiosity, where do you guys get this information? Is it in some of the Jinks books?

BTW, I'm not nominating myself for sainthood or anything, but the story gets better. The widow was so happy, she said that it was not necessary for me to kick in the $500, just take the M29 and she would be happy with the $800 the dealer paid. I refused, but we did compromise, as I was going to give her $50 for the one remaining .22 rifle (about what its worth, really) and she said ABSOLUTELY NOT! just keep the .22.
 
You did a great thing, and should have extreme pride knowing that you are a fair and good person, something that seems to be rarer and rarer these days. Take pride in knowing you are one of the good guys.

I would have done the same thing, I could never live with myself if I had just taken a $1500 rifle from a lady who knows nothing about guns. I hear about these unscrupulous losers who buy mint M1 Carbines and $4,000 trap guns from widows for $100 and I hope these people get what they deserve. An older guy offered me a 1940's era Browing Hi-Power for $100 one time, he said someone gave it to him to pay a debt and he had no clue what it was, I couldn't afford to give him the real value of it which would be in excess of $500 or so, and couldn't really live with giving him that kind of low price so I just told him to take it to a local reputable gun shop where I know the owner wouldn't screw him over. Many people would have paid him $100 in cash and then bragged to their freinds about getting over on "some old guy", that's not me, could never do it. I could tell the guy didn't have much, and was probably selling the gun to pay his water bill or something, so it's not like he was a millionaire who just wanted to dump a gun he didn't want.

I am a strong believer in karma and the forces of good and evil in the universe and many people would not have acted so fairly, and at some point the bad karma would have caught up to them. You have netted yourself lots of good karma.

When I was in the Army a guy who I had been nothing but nice and generous with, stole my credit card number and used it to pay for $500 worth of crap, shortly afterwards he failed a drug test, was discharged from the Army and last I heard he was a heroin junkie living in a shack in Mississippi.........karma? I think so......bad people get sorted out in the end.
 
... The sn is S 1738xx. What does that tell you? ...
Just out of curiosity, where do you guys get this information? Is it in some of the Jinks books?
With that serial number, yours should be a four-screw frame and (of course) four-screw sideplate.

The main reference most of us use is the Standard Catalog of Smith & Wesson by Jim Supica. It's a nice book to have. I think the Jinks books are out of print, but you can usually find them for a hefty price on Amazon or whatever.
 
The sn is S 1738xx. What does that tell you?
Maybe this will help some, though there were far less nickel guns than blue, and yours and mine could have shipped quite a ways apart chronologically.

This is my nickel pre-29 4 screw that shipped March '58. Serial # S1768XX

100_1036.jpg
 
Jack Flash,

That's good to know.

I have "125 years With Smith & Wesson" from 1977. It was given to me back in the early 90s by a fellow who worked for S&W. I belonged to the Castleton Rod & Gun Club at the time and shot their bullseye league. The club had a relationship with this fellow. He worked in S&W in PR or something (I'm not sure if I should post his name) and he was always bringing us goodies. If I remember correctly I got this as some sort of prize at the awards banquet for winning my class or some such thing. He autographed the book for me (the guy, not Roy Jinks.)
 
Patrick:
You must be living right. The book you have is hard to find and very pricey (hundreds of dollars, IIRC) if you can find it.

The SCS&W is a comparative bargain at $40-ish. You can get it from Amazon or Jim Supica's website. I like to think the author gets a little more for his work if you buy directly. (I can't find his website right now. Maybe someone else has it bookmarked.)

I bought the History of Smith & Wesson by Roy Jinks from Amazon's out of print selections for about $125 several years ago. I have no idea if they still list it, but it's a good one to have too.
 
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