epidoc
Member
A local gun store has an M&P with 6 inch barrel in 32-20. The finish would rate about 70%. The grips are correct. The serial number is in the 181000 range. Asking price was $350. Is this a reasonable price?
Question on a 32-20
- Thread starter epidoc
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That serial number can not be right. They only goes as high as 141000 or so.
Maybe you meant 140,000. Or, maybe you meant 81,000 .
Either way, that price is not unreasonable. If its really an original 70%
finish, AND if the bore is not pitted, and if there are not lots of scratches
and dings, then the price is OK.
These 32/20's have a relatively low survival rate. They were hard used, and
generally not well cared for. This is not true for all of them, but
most show a lot of use, and holster wear.
Later, Mike Priwer
Maybe you meant 140,000. Or, maybe you meant 81,000 .
Either way, that price is not unreasonable. If its really an original 70%
finish, AND if the bore is not pitted, and if there are not lots of scratches
and dings, then the price is OK.
These 32/20's have a relatively low survival rate. They were hard used, and
generally not well cared for. This is not true for all of them, but
most show a lot of use, and holster wear.
Later, Mike Priwer
I just found an mint M&P in the .32 WCF caliber yesterday. It has a non-prefix serial number of #79082 and I would rate it at 99%. Although there is no gun box or paperwork with this K-frame(6-inch barrel)how much would this gun be worth approximately? Also,does this gun in the .32 WCF caliber have much collectibility? I'm asking this because I put a hold on this gun until 1:00PM(Pacific time!)today(Thursday 9/13)and although it is a beautiful K-frame with the fixed sights and the mint older style walnut checkered stocks with the recessed gold medallions, I'd only want to buy this gun if it is deemed to be be a worthwhile collectible and has a fairly good collectible value? Asking price from a private owner is under $1,000-so, is this too much to pay, in terms of this gun's true worth approximately? The barrel is marked as .32 WCF ctg.
mr.k:
I am not an expert on these; I have owned 2. David Carroll has a target version in 97-98% shape for under a grand. I would think a fixed sight gun would go for significantly under that. You might eventually get your money back (since your concern is collectibility) but it will probably be many years down the road. But, mint is mint so you may not ever see another one.
In other words, I would not lay down that kind of jack unless it was a target version. My ignorant opinion.
Ed
I am not an expert on these; I have owned 2. David Carroll has a target version in 97-98% shape for under a grand. I would think a fixed sight gun would go for significantly under that. You might eventually get your money back (since your concern is collectibility) but it will probably be many years down the road. But, mint is mint so you may not ever see another one.
In other words, I would not lay down that kind of jack unless it was a target version. My ignorant opinion.
Ed
This is a 1918 (or so) gun, so the gold medallion grips would be right.
Presumably they are numbered to it, probably in pencil on the inside of the
right grip panel.
As a 99% gun, with the original grips in equal condition, the gun has
collector interest. Its collectible, but I say that grudgingly, or with a
bit of hesitation. Its a good example of a K-frame from 1918, and its in
the scarcer 32 Winchester caliber. Other than that, it doesn't have a whole
lot going for it. Its not a target, which would command a huge premium in
that condition.
Its hard to know what the guns true worth is, to the penny. All things
considered, I think its value is more in the $700 range. One of the problems
you run into is that most 32/20 owners like to shoot them, and this one is not
a shooter. So a large part of the interested collector community is not going to
be interested ! And that tends to hold the price back. If it were a target,
you'd be looking at $1500 to $2000 for that condition.
You might check Lee Jarretts list, at http://noconeetrader.com/forsale/leejarrettforsale.htm
or David Carrols list at http://www.dcarroll.net/
to get an idea of what they sell them for, if they have any.
I think at $1000, you would be a long time getting your money back.
Later, Mike Priwer
Presumably they are numbered to it, probably in pencil on the inside of the
right grip panel.
As a 99% gun, with the original grips in equal condition, the gun has
collector interest. Its collectible, but I say that grudgingly, or with a
bit of hesitation. Its a good example of a K-frame from 1918, and its in
the scarcer 32 Winchester caliber. Other than that, it doesn't have a whole
lot going for it. Its not a target, which would command a huge premium in
that condition.
Its hard to know what the guns true worth is, to the penny. All things
considered, I think its value is more in the $700 range. One of the problems
you run into is that most 32/20 owners like to shoot them, and this one is not
a shooter. So a large part of the interested collector community is not going to
be interested ! And that tends to hold the price back. If it were a target,
you'd be looking at $1500 to $2000 for that condition.
You might check Lee Jarretts list, at http://noconeetrader.com/forsale/leejarrettforsale.htm
or David Carrols list at http://www.dcarroll.net/
to get an idea of what they sell them for, if they have any.
I think at $1000, you would be a long time getting your money back.
Later, Mike Priwer
1)Thanks Mike!
2)I didn't want to invest in this gun if it wasn't worth it? It's too bad that such a nice looking K-frame in this .32 WCF isn't that valuable as a collectible gun.
3)If I could obtain the gun for no more than $600 would it still not be worth it in your opinion to buy it just as an collectible gun? Thanks!
2)I didn't want to invest in this gun if it wasn't worth it? It's too bad that such a nice looking K-frame in this .32 WCF isn't that valuable as a collectible gun.
3)If I could obtain the gun for no more than $600 would it still not be worth it in your opinion to buy it just as an collectible gun? Thanks!
Mikal
The thing about collectible guns, as it relates to condition, is that
the price moves up fast as the condition moves about 96%, or so. So,
a 99% gun always has collectible interest. There are collectors who pay
a lot just for condition, because they deem that to be an important
aspect of the guns value.
On the other hand, there are lots of M&P's, more in.38 than in 32/20,
but there are still lots of them. So, that takes away from the collectible
value. Without having something other than condition going for it, its
hard to know, with certainty, how many other collectors would be interested
in the gun. And that is where the real collectible value is determined.
I think the gun is worth $600, but the overiding question is - why do
you want it ? Does it fill some niche, because if it does, $600 is
not the end-of-the-world for a 99% gun. If the owner wants something near
$1000, I don't know if he would take $600. If you are buying it with
the intent of selling it at a profit ( and soon ), then probably $600
is too much.
On the other hand, as something to keep in your collection, and assuming
that you want one in your collection, how often do you come across a 99%
example for $600 ? I doubt that you could find another in that condition
for less than $600, so if you want one, and could get it for $600,
it would be a good representative piece.
I don't have, personally, a whole lot of enthusiasm for the gun, but only
because it doesn't have anything special going for it. For an 1899
32 Winchester target in that condition, I'd pay a lot ! But - M&P's of
this vintage, that probably was shipped to Ace Hardware's predecessor,
it just doesn't do it for me !
Later, Mike
The thing about collectible guns, as it relates to condition, is that
the price moves up fast as the condition moves about 96%, or so. So,
a 99% gun always has collectible interest. There are collectors who pay
a lot just for condition, because they deem that to be an important
aspect of the guns value.
On the other hand, there are lots of M&P's, more in.38 than in 32/20,
but there are still lots of them. So, that takes away from the collectible
value. Without having something other than condition going for it, its
hard to know, with certainty, how many other collectors would be interested
in the gun. And that is where the real collectible value is determined.
I think the gun is worth $600, but the overiding question is - why do
you want it ? Does it fill some niche, because if it does, $600 is
not the end-of-the-world for a 99% gun. If the owner wants something near
$1000, I don't know if he would take $600. If you are buying it with
the intent of selling it at a profit ( and soon ), then probably $600
is too much.
On the other hand, as something to keep in your collection, and assuming
that you want one in your collection, how often do you come across a 99%
example for $600 ? I doubt that you could find another in that condition
for less than $600, so if you want one, and could get it for $600,
it would be a good representative piece.
I don't have, personally, a whole lot of enthusiasm for the gun, but only
because it doesn't have anything special going for it. For an 1899
32 Winchester target in that condition, I'd pay a lot ! But - M&P's of
this vintage, that probably was shipped to Ace Hardware's predecessor,
it just doesn't do it for me !
Later, Mike
Thanks Mike! I know that you are much more of an expert than I am regarding collectble S&W revolvers1 I was just taken back by the beauty of this .32 WCF K-frame M&P revolver-but, despite not knowing much about this caliber, I was cocerned that this gun was just an M&P and with the common 6-inch barrel length-and, I was just leery of buying an oddball gun like this, unless it was a more popular collectible S&W revolver. You have been a great help to me, in deciding to probably pass on buying this gun-even for $550 to $600!
Alk8944
US Veteran
epidoc,
Is that the 5" that Gallenson's has? If it is, the gun is just a little overpriced for the condition. It would be a good shooter for about $100 less.
The gun I refer to is 12186*. If your eyes are as bad as mine, it's easy to see how you mis-read the number.
Is that the 5" that Gallenson's has? If it is, the gun is just a little overpriced for the condition. It would be a good shooter for about $100 less.
The gun I refer to is 12186*. If your eyes are as bad as mine, it's easy to see how you mis-read the number.
Alk8944
US Veteran
BTT
