Nickel 17-3 Sells for $11,005.00

Sebago Son said:
At those kinda prices someone soon will be making and marking them in their basement...

I saw it happen with Colt's and Winchesters before that.
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Now, who in the world would want a non-factory nickel K22?:rolleyes::p



BTW, the one being discussed in the posts above is really nice! Congrats to the new owner.
 
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What blew me away was it shipped to Maryland Police Supply in Baltimore. I've known the family for years. Went to high school with the two sons and knew their father who started the company. My family bought stuff at MPS for years. Wish I could have dropped 11K just to walk in with it for fun.
 
chief38 said:
There must be a bit more to the story than we know - for someone to spend that kind of money on a K22. Never thought someone would go THAT high!
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For the guy that is tickled by "rare"-that's the only thing.
Ridiculous premium in my view,as one could create a fresh one based on a NIB blued version for under 2k,and the only real difference would be the letter and box color.
 
Let me tip my hat to both the winnng bidder AND the second-place finisher. You guys both knew what the gun was worth and pursued it to the limits of your assessment of its value to you. As someone who has occasionally dropped way more money on an uncommon model than almost everybody else thought reasonable, I completely understand how you viewed this specimen and what motivated you.

But PLEASE don't show any interest in the guns that catch my eye when I start buying again! :)
 
Now where are the winers who don't like the nickel finish? Kidding lol

This was a rare, not so many manufactured nickel finish m17's going for 11+k right?

So where does that leave the values on all the other nickel finish revolvers?

I GOTS TO KNOW?

What's my S&W m27-2 6" barrel in 99.99% condition in nickel finish worth now?

How about the last m57 & m24 still unshot, 6" barrels in nickel still new but with the loc?

My point is the m17 set the standards for the other nickeled revolvers they won't be worth 11k but there value has to go up even on the last nickel guns.

Maybe I'm wrong about the other nickeled guns?
 
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BigBill said:
Now where are the winers who don't like the nickel finish? Kidding lol

This was a rare, not so many manufactured nickel finish m17's going for 11+k right?

So where does that leave the values on all the other nickel finish revolvers?

I GOTS TO KNOW?

What's my S&W m27-2 6" barrel in 99.99% condition in nickel finish worth now?

How about the last m57 & m24 still unshot, 6" barrels in nickel still new but with the loc?

My point is the m17 set the standards for the other nickeled revolvers they won't be worth 11k but there value has to go up even on the last nickel guns.

Maybe I'm wrong about the other nickeled guns?
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I think the difference between the 17-3 and the guns you mentioned are that the model 17 was not ever offered stock in the nickle finish. It was something that must be special ordered.

I am sure other models may demand some premium because of limited production but no offered production is a whole other thing to at least consider.
 
I wonder when all the other s&w nickel finish revolvers will get there just do? There not offered anymore.
 
paplinker said:
I think the difference between the 17-3 and the guns you mentioned are that the model 17 was not ever offered stock in the nickle finish. It was something that must be special ordered.

I am sure other models may demand some premium because of limited production but no offered production is a whole other thing to at least consider.
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I keep commenting and should just watch and be quite.. Still..

To be clear I never purchase a gun for investment - then again I don't throw money away either always in a foolish manner.. I buy based on what I like and what resonates first and foremost. The cost factor comes next and my pain tolerance for price of ownership adjusts according to rarity and given opportunity. I'm not justifying simply explaining my logic since some are confused and can't figure it out. You are absolutely correct we have to compare apple and apples. A better comparison and I say again a Nickel RM and the Nickel 17-3 because they are both special order only guns. I am working off memory at the moment 177 Nickel RM using random numbers 10 percent or less with Certs and we will assume 1/2 in 90% plus condition. For argument sake let's say 9 guns total. There are 19 Nickel K22 17-3 made.. I am going to be generous 50% near perfect. We are talking about 9 guns. Would someone on the forum pay 11k for a 95% RM nickel? I say in a heartbeat. The only factor separating the two in value is supply versus demand relative to someone that would want a 17-3 nickel gun versus a RM Nickel. This is what defines value today. Yesterday it was somewhere between 7k and 11k at hammer. Today is another story but there are 2 bidders out there one (#3) threw the towel in at about 7k and would have gone higher if it didn't pass 10k in my opinion and the second bidder at 10,900 finally stopped at his tolerance point.. Anyway you look at it worst case an easy 10k value gun IMO.
On another note there was a comment earlier a nickel gun 17-3 can be made in a basement. Sure no problem. I will use a Shelby GT 350 R Mustang for an example, Take a blown 65 6 cylinder mustang give me about 50k (maybe a little more) and a little elbow grease and I will build you a fire breather replica in my garage like new off the showroom floor. You couldn't tell the difference.. You want the real thing? 800k plus today...
 
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Wow I will have to double check the serial number but to think I had the opportunity to buy a documented nickel 17 in same condition if not the same gun for 3000 about 3 months ago and passed since I thought it was top dollar go figure..
 
Forgot to mention there was another NIB nickel 17 documented that sold at another auction few months back as well that brought little under 2000 with buyers premium. 11000 good luck trying to recoup your money...
 
gumpys said:
Wow I will have to double check the serial number but to think I had the opportunity to buy a documented nickel 17 in same condition if not the same gun for 3000 about 3 months ago and passed since I thought it was top dollar go figure..
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Don't look you'll just hate yourself :D
 
Honestly I'm not qualified to say it was a good buy or bad buy. However congrats and enjoy, you only live once.
 
I thought about bidding but I'm in the middle of building a house. Money well spent. Hope someday my collection will garner the same money and attention.

Wife said $11,000 is a nice start for the new kitchen.
 
Quote: The only factor separating the two in value is supply versus demand relative to someone that would want a 17-3 nickel gun versus a RM Nickel.

I think one being a better crafted pre war gun,factors into the equation as well.A RM gun is highly desired,no matter what the finish.No matter what model,I prefer blue.Money aside,I couldn't enjoy that gun anymore than my perfect condition 17-4 that's wearing Kurac signature claro grips.
I guess that I have other interests besides guns too.
 
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Serious question: since the single shot exemption law changed Jan 1 how are you getting it into the state ? Is it rare enough to be considered a C&R by the ATF ?


I haven't seen any 22 ammo in years anyway so I know you won't be shooting it :)
 
ElToro said:
Serious question: since the single shot exemption law changed Jan 1 how are you getting it into the state ? Is it rare enough to be considered a C&R by the ATF ?


I haven't seen any 22 ammo in years anyway so I know you won't be shooting it :)
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It can be done and done so legally without playing games... PM me privately..
 
I think what upsets me most is the need to belittle the gentleman's ability to purchase what he wants to obtain. I can only be happy for him and wish him much present and future enjoyment and pride of ownership of a very rare item. The only thing I hope changes is feeling the need to explain or justify his purchase...all I can say is "congratulations!"
 
Nickel 17

I have one of these, all though it did not come from S&W. It was returned to S&W on Nov. 1st 1984 to refinish in Nickel, The invoice is in the box with all papers and tools. The price to refinish was $70.00.#6-S&W Model 17.jpg All though this no way compares to an original.
 
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