Smith-Wesson 27-2 Value

[Barr1]

I saw the attached gun at a local shop this weekend. Serial number dates to 1976 with N serial number in a 3-1/2" barrel. There are no tools, original grips, or box. This has a target trigger and hammer. Lockup is tight with barely a turn line. The only two marks I could see were 2 small scratches on the side plate.

I could use some input for value please.

The SW Catalog says 600 VG and 750 EXC with 25-50% premium for 27-2 model and 20% premium for 3-1/2" barrel.

 

[Double-O-Dave]

Hi Barr1:

Okay, I'll take a stab at this, but please understand I'm neither a serious collector, nor a Model 27 expert. I hope that shortly, someone with more experience and expertise will provide more expert information. You didn't mention if you are interested in the Model 27 for its collector's appeal, or for use as a "shooter". From a collectability standpoint, I think the lack of the factory grips, box, documents, and tools are really going to hurt its value. The two things it does have going for it are the barrel length - as I recall, the 3.5 inch barrel length is the most desirable - and the condition as it looks to be in very good condition. I think the 3.5 inch barrel length has appeal for both the collector and the shooter. I think value wise, as she sits, a range of $350.00 - $500.00 would be reasonable.

I hope this helps.

Good luck,

Dave

 

[mhg2tld]

I don't know much about values but it really looks like a nice one.
Congrats

 

[moralem]

Well, I am no expert either, but compare what you can get for 350-500 dollars and then let us know what you think the value is on this gun. Stocks can always be found for the gun and condition is key. I don't think the value is as low as 350 bucks.....500 is a great deal. What was the local gun shop asking for it.........if it was in the 750 pulse range then a tad too high but if you can get it for less you are in good shape. I would buy that gun all day long at 500 bucks.

 

[Barr1]

The shop had it for $900 which seemed high to me. I am looking for a semi-collectible shooter. The box and paperwork would be nice but do not hurt my feelings. I feel that would make it more a $600-800 gun provided it is not beatup and out of time etc.

 

[Barr1]

I hardly ever see a 95% .357 Magnum for less than $600. P&R magnum N frames bring a premium provided it is a desireable model such as a 27, 29, or 57.

If I saw any magnum N-frame for under $600 I would be all over it.

 

[Shark Bait]

From what I have seen, those usually go for north of $1000. That gun could still be worth $900, even without the original stocks. I probably overpaid, but I got one a while back for $1400 with original stocks, but no box.

 

[gmborkovic]

If you want a little meat on the bone, go in at a little under $500 and see what the wiggle is. The grips kill it for me, but that is me.

 

[WCCPHD]

If you go back and try to make a deal please be sure to have them remove the grips and look at the frame underneath. Rubber grips have a tendency to trap moisture and cause the frame to rust. This can significantly affect value, at least in my opinion.

Bill

 

[Barr1]

I did look under the grips and it is near mint, no rust. We settled at $820 OTD.

 

[Shark Bait]

You scored on that one.

 

[Barr1]

I offered $800 OTD but that did not fly.

 

[Lee's Landing Billy]

I want to go on record...I will buy every one of those that you can find for $500. EVERY ONE!!!

 

[hkcavalier]

Non original grips is hardly a dealbreaker for me on a gun like this. Even beat up ones sell for $750 around here. It would easily sell for $900 to $1000 here in W. WA.

 

[muddocktor]

You done real good at $830 out the door for that gun man! The 3 1/2" 27-2 sells for a lot more on GB, and I do mean sell, not listed price. I saw a ANIB nickel 27-2 with box and tools from the 1973-1974 serial numbers sell for north of $3500 yesterday! And it wasn't newbies in a bidding war on this one, but people who have some pretty serious GB transactions under their belt.

It always kills me when people here tell you that any 27 P&R gun in really good shape is worth only $350-500 range.

Here is a link to that ended auction: nickel 27-2 3 1/2"

 

[inthegap18]

Muddockor, I watched that auction too.
Barr1, if you are happy with 830.00 purchase, then that's all that matters. I'm glad you scored on a sweet revolver. Put some nice Kurac grips on it and you'll have a gem. FYI I'm looking for the same gun!!

 

[inthegap18]

My bad. Culina grips.

 

[Barr1]

I liked the price and knew enough about it that i would not regret the purchase too much. The old saying is if you you paid too much for something today (something collectible and with intrinsic value and craftsmanship), you just bought it too early. The premise being that it will appreciate in value with time.

The problem with many gun value books is some prices on collectible model guns tends to be very regional in nature. A single action revolver may hold more value in a particular region than say a target 52 for instance.

GunBroker has seemed to level this field quite a bit but as seen by this thread, GunBroker auction values tend to swing wildly in value. N-frame magnums, K-frame snubby magnums, .32 J-frame magnums, and Kit Gun .22 in pre-'82 configurations seem to drive the market

 

[bananaman]

Congratulations on your purchase! A 27 has eluded me for quite a while. I settled for a 6", 28 no dash. You are right that the gun should continue to appreciate. Let us know how it shoots! Bob

 

[boykinlp]

You done real good at $830 out the door for that gun man! The 3 1/2" 27-2 sells for a lot more on GB, and I do mean sell, not listed price. I saw a ANIB nickel 27-2 with box and tools from the 1973-1974 serial numbers sell for north of $3500 yesterday! And it wasn't newbies in a bidding war on this one, but people who have some pretty serious GB transactions under their belt.

Here is a link to that ended auction: nickel 27-2 3 1/2"

WOW, I guess I need to change the value of mine on my spreadsheet!