I have a chance to buy a S&W model 27 100th anniversary commemorative washington state penitentiary walla walla revolver in wood box never fired with keys and paper for $1000 .Im having a hard time finding a value on it becuse its so rare only 125 made. Any one know what this should sell for. Thanks.
smith model 27 collector question.
- Thread starter xuouy1
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wantmoresmiths
Member
Be careful when considering a commemorative. They are only worth a premium to someone looking for that particular model. To me, most commemoratives are worth less than a current production model of that same gun. If I were the buyer, I would look up the value of a current production model 27 and use that as my starting point. Even if I wanted that specific commemorative edition, I would add no more than $50. Since I don't care for commemoratives, I would then deduct about $100 from that value. For me, it's still a used gun even though it may not have ever been fired. I might even deduct another $50 from the value because the gun has the internal lock. The lock isn't a deal breaker to me, but in my opinion it makes the gun less valuable because it reduces the number of potential buyers should I later decide to sell. Even though it is one of 125 of that particular edition, it is one of one million, or whatever the number of model 27's produced to date really is. I personally would spend my money on a lightly used model 27-2.
fyimo
Member
To me the new commorative models with the IL have little or no collector value and you would be far better off if it's an investment issue to buy a mint 27-2 3.5 inch or 4 inch barrel as they will continue to grow in value.
There are no pricing trends on commemorative firearms that were produced in small quantities of say 25-500. Most of the transactions happen between private parties and never get known to the general buying public.
As wantmoresmiths mentions, most revolvers made to commemorate local events and organizations end up selling for about what a used version of the same firearm goes for.
There are three exceptions to that statement. The first is that folks that worked for, admire or were involved with what was commemorated will usually pay premiums for the firearm in question.
The second is if the commemorative in question has a special history. Say it is the one given to the director of that organization of agency.
Third is commemeratives that are heavily embellished. Master engraved, gold inlaid, Ivory grips, etc.
Like the Deluxe Texas Wagon Train or the Deluxe Texas Ranger.
If YOU like it, figure on what it is worth to you and make an offer. DO NOT purchase it with the thought that you are going to make a profit when you sell it. Just buy it for your own enjoyment or pass on it.
As wantmoresmiths mentions, most revolvers made to commemorate local events and organizations end up selling for about what a used version of the same firearm goes for.
There are three exceptions to that statement. The first is that folks that worked for, admire or were involved with what was commemorated will usually pay premiums for the firearm in question.
The second is if the commemorative in question has a special history. Say it is the one given to the director of that organization of agency.
Third is commemeratives that are heavily embellished. Master engraved, gold inlaid, Ivory grips, etc.
Like the Deluxe Texas Wagon Train or the Deluxe Texas Ranger.
If YOU like it, figure on what it is worth to you and make an offer. DO NOT purchase it with the thought that you are going to make a profit when you sell it. Just buy it for your own enjoyment or pass on it.
Thanks for the info. gun was built in 1986 so would that be a pre lock?. So basicly buy it for the same price as a regular one in the same condition and enjoy having a engraved gold inlay smith thats more pimped out then every one else at the range.
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