Would You Pay $450 For This, And Why Or Not?

[Model39]

I was in my local gun shop a week ago last Saturday, and had a chance to buy this old Highway Patrolman (Model 28-2) serial number S223XXX made about 1961-62 for $450. As I was checking it out there were several other persons eyeing it as well, and in a split second decision I told the shop owner I'd take it. The revolver is in very good shape considering it's age, but after thinking about it, I realized when new this gun was probably around a $100 and maybe $15 more for the target grips. Man has inflation gone crazy. Paying almost 4X the original price, and not getting the original box or paperwork with it, and the wrong kind of target grips. The front face of the cylinder has an "H" and an "L" stamped on it, which indicates change of thread on the extractor rod and dull finish. The bore is bright and shinny and the action is very smooth. The questions are, Did I buy it right, or not? And would you have paid $450 for this old war horse?

 

[younggun22]

Well considering that just the stocks are worth $4-500...

Nice score!

 

[Ron M.]

Well, a 1957 Chevy Bel-Air new cost a lot less than they do today. Or and 1963 Chevy split window Corvette..ya done good!

 

[THE PILGRIM]

The envelope please-
No, not that one, the correct one.
And the answer is- YES!

 

[Arm]

You betcha ! All day long for that price.

 

[arjay]

Nice cokes-the gun was free [emoji38]

 

[RalphK22]

You are kidding.....right?

 

[Laketime]

Silly,silly question.All day We would.!!!!!

 

[Mr. Wonderful]

That's an immediate buy.

I couldn't pull out my wallet fast enough!

Well done.

Roger aka Mr. Wonderful

 

[rwsmith]

It may not be worth it...........

It may not be worth it to you, but I'd pick it up like a magnet.

 

[cuad2001]

Nice cokes-the gun was free [emoji38]

This[emoji1303]



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[JSR III]

Unfortunately at that price I think that you got severely hosed. Since I really hate to see any fellow S&W collector take a beating, I will offer to take it from you for what you paid for it and your only loss will be the shipping cost to me.


Seriously, any S&W N frame that was not used as a boat anchor is worth $500 all day long in my opinion. Of course, that's my opinion and others may vary.

 

[Jdavis]

Great deal! The grips are worth more than you paid for the 28. Your 28-2 appears in nice shape and would easily bring more than you paid sans the Coke grips in my area. You got a once in a lifetime buy.

 

[SPEEDGUNNER]

Are you trying to be funny? Making a joke? Or just torturing us by showing off your sweet new Model 28?

Would I pay $450? Sure, just tell me where to send payment!!

Well bought.

 

[jringo8769]

well anyone with eyes and a pulse would have bought that in a second...that was a steal...very well done...

 

[blue70chevelle]

This is from S&W's 1961 product catalog which is sitting in front of me. Prices are effective May 1, 1961.

 

[sandspur6]

You've probably gotten the message by now, but yeah, you done good. Real good. Congrats.

 

[JohnRoc65]

I give you permission to feel warm and fuzzy. You scored big time.

 

[31FordA]

I'd pay $450 for a Highway Patrolman in a heartbeat. It's been a long time since I saw even a beater Model 28 for under $500. My first gun was a '61-'62 vintage Model 28 6". The Highway Patrolman is one of the best revolvers there is, you can never have to many.

 

[jdickson397]

I don't believe that it makes sense to question paying more today for a gun in good shape that cost only $100 in 1961. Best thing to do if you are ever in this situation again is to use a Consumer Price Index(CPI) table and see what a 1961 dollar would be worth today.