That will depend on condition, barrel length, if it is a Performance Center gun, etc. It's pretty hard to tell you what it's worth without more info than you have provided; however, prices for used S&W Model 500s generally seem to range from a low of $850-900 up to $1,500, varying with the foregoing differences.
How much should you pay? Well, from your perspective, as little as possible; from the shop's perspective, full price.
One of the LGS in town has a S & W Model 500 Revolver. I know there are variants - i dont which one this is exactly. If i get it how much should I pay?
I just purchase my in Dec and I paid $1200 OTD here in CA for a 4" model.
As i do for every major purchase I WILL do my homework before buying. However my question was aimed more at getting a general idea of prices. I will do more research and have more details if and when i buy. The other posts gave me some ballpark numbers which is a starting point.C'mon man! This is like asking how much a car costs. Do you really expect ANY kind of reliable answer if you have no information about this particular gun?
If you are going to ask the question, do the homework and get the details - especially if the gun is at YOUR LGS. Go back there, get some details and possibly photos and then come back here and ask your question.
Don't take this the wrong way and don't get upset. Just realize that you get out what you put in. Right now, you are setting yourself up to pay way too much or miss out on a great deal.
Frankly, I think you are being lazy about this and in the end, it's only going to hurt you.
The knowledge base of this forum is like a genie in a bottle and you just wasted your last wish on a Coke.
Tough, yes...but with sincerely good intentions.
Regards,
A.