"The first 629 ever to be sold"

[SLT223]

I took the day off and drove all over the state to various gun shops. This is on display at Hoffman's in Newington, CT. It's owned by Marvin Hoffman. Unfortunately, I wasn't able to get pics of the S/N. After Hoffman's I headed down the turnpike and handled a Minigun. It was an interesting day










I was told he had it for sale for $100,000, but has withdrawn the offering....

 

[jaymoore]

Have read about it, but don't recall having seen photos before. Thanks!

 

[Mule88]

I think Doc needs that one to add to his collection.

 

[Engine49guy]

Beautiful !

W.Mcmillan doesnt look so happy, perhaps he knew the US was boycotting the Moscow Olympics in 1980 in protest of them having troops in Afganistan........kinda ironic in perspective

 

[NE450No2]

I would want my $80,000 back...

As it was not spent on the Olympics...

I never could under stand why the President "punished" our Olympic Athletes...

If I wanted to make a statement:
I would have destroyed all Russian aid en route to AFG, and troops as well...

But again, why Punish our Olympic Athletes???

 

[G-Mac]

I think Doc needs that one to add to his collection.

What would $80,000.00 equal in 2014 dollars?

 

[6518John]

What would $80,000.00 equal in 2014 dollars?

Just looked up that a decently loaded Corvette was $10,900 in 1980. One in 2014 is $55,000 to $65,000.

 

[Doc44]

This is a very nice and unique 29 that has been "off and on" for sale for many years. Actual value has always been much less than the list price.

Bill

 

[ken158]

What would $80,000.00 equal in 2014 dollars?

1979 to 2014 inflation calculator $80,000 = $262,534.44 - that is 228.2 %

 

[*chris*]

What would $80,000.00 equal in 2014 dollars?

Based on official inflation around $240k Unofficially, probably a lot higher.

Chris

 

[SLT223]

This is a very nice and unique 29 that has been "off and on" for sale for many years. Actual value has always been much less than the list price.

Bill

Yeah...the latest byline is proceeds go to fund anti-gun legislation in CT. In reality I think he wants his 80k back plus a piece of the time value of money. Moral: Never over pay for a gun. Had that been invested in the market, it would be about $1M today...that's gotta hurt.

 

[Stevie]

Yeh...but I mean really..for that sort of money?...You think it shoots good?

 

[Engine49guy]

Since the $80k went to the Olympic fund wasn't it a tax deduction for Hoffmans ....or maybe S&W got the credit as Hoffmans got the revolver ?

 

[PatriotX]

Pretty cool "Last Cartridge" engraving.

 

[Watchdog]

One thing (among many) that interests me about the gun is that part of the engraving is designed to help mask a turn line if the cylinder would ever be turned.

 

[Doc44]

This revolver was really a way to donate to the Olympic Shooting Team. When buy a revolver or automatic like this one, you most likely will never get your money back and should not expect to. The scene inlaid on the side plate by Dimingos Joachim is probably the best one in existence as he was one of the best engravers to ever work at S&W.

Bill

 

[Dennis The B]

According to the SCSW, 3rd Edition, the serial number is N629156 (p. 256).

 

[6518John]

This revolver was really a way to donate to the Olympic Shooting Team. When buy a revolver or automatic like this one, you most likely will never get your money back and should not expect to. The scene inlaid on the side plate by Dimingos Joachim is probably the best one in existence as he was one of the best engravers to ever work at S&W.

Bill

Mr. Cross--I agree 100% on the chartiable nature of the purchase. But assuming one wanted to place a value on a gun like this, how in the world do you price a one-of-a-kind revolver?

By the way, I took some time a few weeks ago and read all your commentaries--absolutely enthralling and fascinating.

John

 

[Ceapea]

Yikes!
I can't believe that the "first ever sold" 629 was so...(old west) gangsta!

That thing looks like a gold and ivory nightmare.

What were they thinking over there at S&W?

Atrocious!

(I have never been a fan of engravings. Nor, gold anything, on guns)

 

[Doc44]

John...This particular factory engraved and inlaid with gold early Model 629 is worth around $20,000 in my estimation. I bought one from S&W in 2001 and paid $12,000 for it (N629183...engraved and inlaid with gold). In a national auction, it may bring a little more than my estimate, but I doubt it will ever come close to what it originally sold for.

Bill