A friend of mine is selling a smith and wesson n27 to me for $700.00 it is about 98 % condition. Is this revolver worth this price and is it good for ccw it has a 3 and a half inch barrel. Would appreciate your input thank you.
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November 29, 2007, 09:28 PM
I'll buy it for $700 if it is like new in the box. Maybe without the box. 3.5" barrels are rare and desireable. I WANT one. NOT an Ideal CCW revolver these days, but a very nice combat gun to be sure!
November 29, 2007, 10:18 PM
buy her and be happy!! s&w model 27s are my all time favorite revolver.. i would still try to talk him down if i could though but that's just me.. if that price is his bottom $ i'd get it before someone else does!
November 29, 2007, 10:31 PM
Kind of big for concealed carry, IMO, but thats not a bad price for a 3.5". But I wouldn't carry that one because of its collector value, not its weight.
November 29, 2007, 10:45 PM
Depending on where you are located, of course, I'd call $700 high, even for a LNIB three and a half inch Model 27. The SCS&W (http://xavierthoughts.blogspot.com/2006/12/supicas-third-edition-is-out.html) lists a NIB Model 27 at $750, and an Excellent example at $500 . If a box, tools, and documents are worth $750 to you, go for it. The three and a half inch barrel does command a premium. A pinned and recessed version is at the top of the price range, an unpinned example is less.
For a 98% gun, I might go $500, but not any more. Each of the ones below were purchased for $400 with the original grips. The long barreled one was in a presentation box with tools, purchased about three years ago from a dealer. The three and a half inch gun was purchased for $400 from a gun show walker.
Ain't no non P&R three and a halfs.
Best deal on any like new P&R 27 in AZ and Ca. is $600+ in the last year I've seen. I DID buy a 5" 27-2 NIB in Oregon a couple years ago for $500. All three and a halfs I've seen around here in 95+% are going for $850 blue and $1000 nickeled .
November 29, 2007, 11:16 PM
That is why gun dealers buy in one state and travel to gun shows to sell in another. They make money that way. Smith & Wesson prices vary widely around the country. As a result, Blue Book prices, and even the SCS&W can be a bit off, because they are national averages.
Ain't no non P&R three and a halfs.I don't believe I said there were.
November 29, 2007, 11:59 PM
Ain't no non P&R three and a halfs.
Yes, there are. S&W reintroduced the 3.5" barrel on the model 27 in 1991. The 3.5" barrel was available (production run of 1500) on the non-pinned & non-recessed model 27-5.
November 30, 2007, 11:56 AM
Prices do vary by region,but are steadily going up everywhere.I recently found a pre model number 5 screw circa 1950.;)
November 30, 2007, 12:15 PM
I think it is worth $700, however here in Florida it would probably go for less. I wouldn't CCW it. First of all I would not want to damage the finish and second its rather large. However it would more than suffice as a carry piece if its your only handgun.
November 30, 2007, 02:00 PM
XB: Beautiful grips on that beautiful 3 1/2 incher. Who makes them?
November 30, 2007, 02:28 PM
I got my 3.5" 27-2 about 3 years ago for $300. Of course it didn't come with a box. I would agree that its a little big for concealed carry. It is a great gun!
November 30, 2007, 02:36 PM
Gosh! Prices have sure gone up. I bought this P&R model 27 NIB in wooden presentation box several years ago for less than $300:
The grips on my Model 27s are Hogues. They fit my hand well.
I really missed out at the last gun show I attended. I found something shiny to keep my attention, but a deputy buddy of mine was scouring tables across the arena. He found a beater Model 27-2 with a three and a half inch barrel. The thing had more patina than blue, in fact, it was practically all patina. One grip was chipped. It did lock up tight, the bore was bright, and it functioned perfectly. It had a dignified character like an old tractor. He bought it, and I almost cried........$285. He gave it to his daughter. I do have dibs if she ever decides to sell though.
I'm not surprised prices are on the rise. These are one of the pinnacles of S&W firearms manufacture.
November 30, 2007, 07:32 PM
I would buy it if it were P&R at 98%. Xavier, I think if you were to cruise the S&W forum, you'd find that the SCSW values were probably out of date the day the book came out.
I bought a 3.5 inch 27 and a 5 inch as a package deal at 1200, and was told that I did very well at that.
December 1, 2007, 12:32 AM
The 3.5" M27 is hot right now. If a nice one is offered on the S&W Forum at $850 it is snapped up in minutes. I have seen them with a box go for $1,100 recently on GunBroker.
December 1, 2007, 12:03 PM
I've recently bought three 3.5" 27's.
Two 27-2's, unfired. One in pressentation case, the other in the original box with all the tools, etc, the third a "pre-27"
The two NIB 27-2's were bought on the Smith forum for 1500.00 and 1100.00 respectively and are dated 1973 and 1975. The pre 27 3.5" dated 1952 was 735.00 in 90% condition.
They are getting expensive [ all older smith revos ], they do not last long on the Smith forum at all, and I've been lucky to get the three I did IMO. Did I pay too much? Probably to some people, but here's the saying they have about old Smith revos over there----
You never pay too much for them, you only pay too early.:)
December 1, 2007, 12:05 PM
Here's some pics of the 27's
vanilla_gorilla, I think you did fine for two of them at that price as well.
Getting two, NIB, one in presentation case with all the tools, etc was a big score IMO if you want 3.5" N frames. I would not say they are getting scarce, but they are getting pricey and will not last long when they come up for sale over at the Smith site.
December 1, 2007, 12:20 PM
When I use a 357 magnum, I carry a K frame. Which is a lot lighter and handier, plus its stainless. And when I feel the need to carry the size and weight of an N frame, I carry a 3 inch 629 which is much more versatile and resistant to the elements.
My 3 1/2 inch model 27 is the one gun I own that I have no real use for. Of the three revolvers I own, I only keep the 27 because it was the cadillac of revolvers (personally I think it was a substantially better gun than the Python) and an example of S&Ws finest work. But my other two are better for my uses.
December 1, 2007, 12:37 PM
I picked up a picked up a 95% S&W model 27 with a 6" barrel for $433 otd back on october. I hate to admit it but with the rising prices of P&R Smiths it is destined to be a safe queen:(
December 1, 2007, 01:07 PM
I certainly can't dispute the prices these guns are selling for (http://www.auctionarms.com/search/displayitem.cfm?itemnum=8175979).
OK, here is the real question............
With the market driven escalation of S&W pinned N frame prices, does anybody predict a fall from the $1000+ levels? In other words, is the three and a half P&R Model 27 a flash in the pan trend, or does it have staying power?
There is no historic significance such as with M1911A1s.
It is a heavy carry gun, and a bit too dolled up and valuable for carry any way.
As a home defense weapon, an unloaded locked up safe queen is about worthless.
The attenuated barrel and corresponding sight radius is not ideal for target work.
I'm not saying it's not an impressive weapon. Heck, in my range report (http://xavierthoughts.blogspot.com/2006/02/smith-wesson-model-27-2-range-report.html), I said it was a "fire belching weapon of the gods." I'm just wondering if it has the staying power in the marketplace at these prices.
December 1, 2007, 01:58 PM
If you want one cheap then it has to be one like this with a few freckles and a more common barrel size(6 inch)
I'm just wondering if it has the staying power in the marketplace at these prices.
Good question, no one can probably predict the future on these N frame Smiths, or the P+R revos of any flavor IMO.
What I can surmise is that it is very likely they'll rise further over time. They are not making them anymore [ some haven't been made for some time already ], the new smiths are over priced and no one really wants the PC locking models, there is a "culture" of Smith collectors out there putting everything they can find away, and they can't all be wrong betting on the future of these revos where skyward prices are going to go.
They've increased in value considerbly in just two years, and certain models are commanding some serious attention at the moment, like the 3.5" 27's. Some have climbed more than others, but no 90+ or better original vintage Smith has gone down in the last 5 years.
People are figuring out that they are getting scarcer to find all the time as people stick them away in the safes. It's supply and demand, and the supply is nowhere near what the demand is at the moment.
They bottom could fall out on these in a few years, but if the current smiths continue to command the pirce they do and go higher, I don't think the old world smiths will decline at the same time.
I don't think you would buy and hold for 3 years, but if you buy and hold for 5-7 years, or even 10 years, I think you stand a very good chance of making some serious profit on them, and they are paid for in cash and sold for cash, so it's net profit up front, unlike other investment vehicles.
10 years ago, you could pick up the N frames for a pittance, less than 200.00, very few wanted or were buying them. Thats not the case today obviously.
It could drop out, they could just cool off for a time, but the older smiths are getting serious attention, and it doesn't seem to be abating anytime soon. The babyboomers have money to burn, and are very nostalgic for what was created at the time they were born in the early to late 50's.
We might have 10 years of growth on these, until the boomers are retired, want to sell for the profit, and/or die off and they all start hitting the market within a few years.
I'm holding some to give to nephews, others to sell outright 10 years from now or thereabouts. I've not seen guns go down for a long time. Even if you make 10% a year average, in 10 years, you've made 150% on your money. The stock market has done 10% a year since the crash of 29, but as I get to retirement age, some of my investments are safe from major downturns. Just sorta diversifying the portfolio as it were. The guns are a hedge of sorts against the stockmarket.
December 3, 2007, 07:13 AM
S&W model 27's are dry'in up in my neck of these ole' woods~! Grab it, while
you can. :uhoh: :D
December 3, 2007, 07:38 AM
I think there are quite a few collectors or serious accumulators who are buying pre-lock Smiths in excellent condition and parking them for the future. I only owned one Smith Model 57 for years because I shot it. Bought and sold other ones; you name it. Most of the speculative buying was done on Colts. Now, I'm buying nice clean pre-locks just because I view them as cash investment vehicles. I saw this developing about two years ago. The forum chit chat about preferring pre-locks add to the potential. The retail price on Smiths ultimately drive the used and collector market. That price is not getting any lower and I believe you will see normal run of the mill N-frames selling at a price slightly higher than new Smith N-frames. Some models will lag a bit like the Model 10 as there seem to be so many. There are a lot of people like me who have no problem paying an extra $50 or so on Model 17's just because we believe they are very desireable shooters and collector pieces.
Prices on Colts climbed steadily and are still climbing. Probably not at the rate they were last year, but that is more of an impression than something I have researched. I know that basic 4" blue 22 Diamondbacks (NIB) have been sitting at the $900 to $1200 range for some time now. Big spread, I know. If I bought one for $900, I wouldn't expect to turn it in a $300 profit. Bet I could make $100 though. Pythons are similar. I just was never a big Python fan. I will leave that to the Python guys. I prefer 22's. I only buy stuff I personally like a lot.
December 3, 2007, 04:07 PM
Pre-lock S&W's are skyrocketing in valve. Especially N-frames and P&R'ed guns.
Five years ago you couldn't hardly give away a Model 27 now they are THE hot S&W gun. 3.5's are insane.
I'd grab that one if I were you.
You guys are correct. The S&W collectors are snapping up all the decent pre-lock guns and sticking them away.
A simple P&R'ed Model 19 that sells for $300 now will be worth $500+ in three years.
The shorter barrels are the ones everybody is after.
December 3, 2007, 04:29 PM
Texas Moon, in my neck of the woods a simple P&R'd model 19 is already $500 and a 3" 19 even more :eek:
December 3, 2007, 06:40 PM
Well there ya go!
December 3, 2007, 07:30 PM
This thread has got me thinikin about $$$. I'm going to a gunshow this weekend. If I see a P&R N-frame for a reasonable price I will probably pick it up;)
December 3, 2007, 08:07 PM
well, if we're gonna make this a picture thread....
a 3 1/2" 27-2 and a 5 screw pre 27 neither with magnas just to annoy saxon pig..... The 27-2 cost me $400 about 2 years ago, the pre 27, rather a bit more, but it is in excellent condition with a nice set of cokes (probably not original to the gun, but hey, they're cokes ! :D )
Is the one you're looking at a 27-2 or 27-5 ?
If you want a revo for CCW, pick up something cheaper and smaller like a 19...
and here's a 6" 5 screw with cokes that I picked up at a good price, just because :D