value of pre 27 in pawn shop

Joel6180

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While visiting my daughter in another state, I saw this pre 27 5 screw in a pawn shop for $495. How much effort should I put into getting it? Thanks, Joel


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it has some finish issues, original grips would have been a plus but i think the price is fair enough for a 5 screw shooter.....buy it but try to haggle to at least $400
 
Well, it is the most common barrel length, is well worn, and has incorrect stocks. I would grab it at $400. At $500 I pause and think about it. You decide what it's worth to you.
 
Rubber grips make rust. If you are interested, check underneath them before you agree to the deal.

I'm kind of aligned with SP on this one. $500 is a judgment call, but lower would be a no-brainer.
 
I agree with David and Saxon as well.
Has some finish issues. 6" is most common bbl
length. Rubber could be hiding something bad
underneath. But it could be a good shooter grade
gun for the right money. Offer 4 bills or walk away.

Chuck
 
OK - Thanks for the advice. I'll wait til Wed. and if its still there I'll offer $400. I'll let you all know how it turns out. Joel
 
I had to come back home before I could get the gun, but my son-in-law managed to get it for $450 yesterday. Before I left, I checked under the grips, and there was no real bad rust, and I was pretty happy about that. I should be going back to visit in a few weeks, and I'll tranfer the gun to me then. In the meantime, I should be looking for some proper grips with the right ammount of wear to match the gun. I'll report back when I get the gun. Joel
 
I would commit a misdemeanor with the wife...maybe a borderline felony. Go get it
 
There are problems with logistics in this one. Is your daughter a resident of that state and over 21? Some may suggest its a straw purchase, but if she can buy it herself it kind of locks it down. She can then get it to a dealer in your home state and transfer it to you.

We might have used that ruse in the past. :) It keeps a very nice gun from going to another buyer and then we can transfer it at our convenience.

I see the gun as a good one, if only as a shooter. Buying it isn't the end of your expenses. You'll probably want to find a set of diamond targets and that one can easily cost you another $100, but at your leisure. Its a good gun from a long line of the best ones ever made.
 
I have a C&R FFL, and could have bought it myself if the pawnshop would have accepted my license. But like many shops, they have never seen an 03 C&R, and can't be convinced to do a simple transfer. I don't think it would be a straw purchase, as I will log the purchase in my book as recieving it legally from the legal owner. It does feel like a staw purchase, since I had to ask someone else to buy the gun for me. I wish there was a simple one paragraph education memo from BATF explaining to pawn/gun shops how simple an 03 transfer is.
 
Your SIL should have a bill of sale. When you go to get the gun, give him a bill of sale and a copy of your C&R for his records. Everything is above board with that approach.
 
Here is a link and the exerp from the November 2008 ATF newsletter explaining C&R licenses to FFL dealers. I suggest you carry a copy of this for dealers who are uninformed.

http://www.atf.gov/publications/newsletters/ffl/ffl-newsletter-2008-11.pdf


SALES OF FIREARMS TO LICENSED COLLECTORS​
[FONT=Times New Roman,Times New Roman PSMT][FONT=Times New Roman,Times New Roman PSMT]Curio and Relic (C&R) firearms are defined as firearms that are of special interest to collectors by reason of some quality other than sporting use or as offensive or defensive weapons. To be recognized as curios or relics, firearms must fall within one of the following categories:
(a) Firearms that were manufactured at least 50 years prior to the current date, but not including replicas thereof;
(b) Firearms that are certified by the curator of a municipal, State, or Federal museum that exhibits firearms to be curios or relics of museum interest; and
(c) Any other firearms that derive a substantial part of their monetary value from the fact that they are novel, rare, bizarre, or because of their association with some historical figure, period, or event.
Any person who desires to obtain a determination whether a particular firearm is a curio or relic shall submit a written request, in duplicate, for determination by the Director. (See 27 CFR 478.26.)
As a reminder, a curios and relic license does not afford any privileges to the licensee with respect to acquiring or disposing firearms, other than curios or relics, in interstate or foreign commerce. A licensed collector has the same status under the Gun Control Act as a nonlicensee, except for transactions in curio or relic firearms. Therefore, sales of non-curio or non-relic firearms by Federal firearms licensees to C&R license holders are subject to the Brady law, the FBI National Instant Criminal Background Check System (NICS), and completion of ATF Forms 4473. (See 27 CFR 478.93.)
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Well I went back to visit my Daughter and her husband over Christmas, and transferred the gun to my ownership. I also managed to get some proper diamond magnas from a fellow board member that had them in the "for sale" section of this forum.

I was happy to find the barrel was 6.5" long, but when I started to clean and de-rust the gun I noticed a few things I need to look for next time I find a gun like this. At some point holes were drilled and tapped on the top strap for mounting a scope , and for what must have been a support for the scope on the top of the barrel, a portion of the screw or a plug has been left behind, marring the nice checkering.

The rear sight assembly is from another model, as it is too short, is not fully checkered, and the back portion of sight base does not butt up to the frame.

The front sight may not be correct, as I have read posts that said most 6.5" models had ramp front sights.

The best news, since it is a shooter, it is accurate, and has had some work in the past that makes it a dream to shoot.

I'm a bit concerned about the odd (to me) drag line on the cylinder.

I'm going to try to post images in the next few minutes.
 
I agree with checking under those rubber grips. I have seen nice looking guns and then looked under both Hogue and Pachmayrs and seen really bad issues finish wise. At $400 it would not be a bad gun, but I would draw the line at $500. If you do get it please get those ugly rubber 5 mph speed bumpers off of it. Even a set of nice Ahrends grips is only going to cost $60 and the gun and we will thank you for it.
 

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