K-38 Masterpiece value?


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Old 112
October 21, 2007, 05:49 PM
This is a late model(1955) 5 screw with the correct magnas. Assuming good lockup and timing, and 90% finsh with no major scratches or major dings, what would the price range be?
Thanks Old 112

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MrBorland
October 21, 2007, 07:16 PM
You describe a revolver that to me, sounds like it's in Very Good condition (VG). There may be regional variations, but according to The Book (Supica & Nahas, 3rd ed.), a VG K-38 is valued at $315 (4" Combat Masterpiece, pre-15) to $350 (6" Target Masterpiece, pre-14).

Are you sure about the date (1955)? The upper sideplate screw was deleted in 1955. The range of serial #s for 1955 is K2312XX-K2661XX.

Canuck-IL
October 21, 2007, 08:42 PM
If that's 6", in that condition, you can get $425 for it on the S&W forum or from a Bullseye shooter. Model 14-2 and 3 are going for that.
/Bryan

Old Fuff
October 21, 2007, 09:01 PM
The upper sideplate screw was deleted in 1955.

Ya, but not on January 1st. :D

Smith & Wesson had frames and sideplates in stock that were drilled and tapped for the screw, and they continued to make revolvers using those parts until they ran out - which apparently was sometime during 1955.

Anyway, it is not unusual to find a revolver with features that were supposed to have been changed or deleated before the model dash-number or serial number would indicate. Obviously if the gun in question has the screw... well it has it. :scrutiny:

The next question would be: "When was it shipped from the factory?" To learn that will require a $30.00 fee to have Roy Jinks, S&W's in-house historian, look it up in the old records. Sometimes you find a gun was shipped much later then you would have thought.

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