I'm looking at mine now and while I don't think it's quite a nearly thousand dollar gun, I do feel it's not terribly far off and further am certain one day it will be a $1,000 gun. Not much for you to go on there but how about this, regardless of what I paid for it and no matter how silly it may make me look I sincerely don't think I'd take $1,000 for it because I wouldn't want to be bothered with replacing it for the slim difference. The quality continually blows me away, the accuracy is unbeatable by anything else I have in .357 ('cause my Dan Wesson was stolen) and, well, it's a Colt.
I've many times "overpaid" for a firearm because that one spoke to me or I knew I'd keep it well past appreciating beyond the paid price. Take picky economics wonkiness out of the equation and it works for me.
December 20, 2011, 01:54 AM
I purchased mine at around $749, and it's in great condition. That price is kind of steep, though the way Colt double actions are going, it may not be far off to see that as a mean price. I do say, though, that it's probably one of the finest revolvers I've ever owned.
I've never looked at a gun in a pawn shop that wasn't sucker-priced; that said™, I doubt that'd be an astronomic price for a King Cobra in California, where such a gun most probably can't be so-called "imported" from other states.
December 20, 2011, 06:05 PM
Yeah, a King Cobra might find its way home with me one day, but that's a lot of money for one.
December 21, 2011, 04:03 PM
I too like the KC but didnt realize they were going for that much. I considered them a $700. to maybe $800. gun. I dont think I'd ever pay that much for a KC, to me that price is too high. The KC is one of my favorite revolvers, along with the GP100 and Security Six. Really nice ones are getting harder to find. They're a solid reliable accurate revolver and a pure joy to shoot.
December 23, 2011, 06:19 PM
Yeah, hard to justify paying $950 for a KC when you can get an equally good wheelgun for $400-600. I'll pass on it...
December 23, 2011, 07:16 PM
You made a wise decision passing on a used KC for $950, especially if it was a run of the mill matte gun.
As far as the King Cobras go, they are quality guns. They are stout due to their forged frames. They are also very accurate. I have a pair of polished shooters that I really like.....As far as matte guns go, I've go a very, cherry matte that would belong to someone else if it would sell for 950 bucks.:D
I feel a lot has to do with what the purpose is for the gun. Is it a collector gun, a shooter, or a collectible shooter? I'm leaving out other categories like tackle box gun, truck gun, club, mallet etc
I know I cannot afford a collectible nor do I wish to. It's just not possible for me to own a gun and not shoot the darn thing.
I could easily imagine owning a shooter, they are less expensive, who cares if I idiot mark the thing, it will be all used up when I'm done with it, or the next guy is done with it.
That leaves the collectible shooter. You own enough of them the round count stays low per gun, they have not been all shot to hell so they still have the new car smell so to speak, and in a decade or so, you can sell them to finance some new toy or whatever else money can buy.
These Colt's and older Smiths are never coming back. There are plenty of them to go around now and still the prices keep rising. That's no reason to overpay, it's just reality.
A $400 shooter today will probably be worth $400 tomorrow. A $950 collectible shooter King Cobra, who knows? A $950 collectible shooter Python today would make a Wal-Mart Black Friday stampede look like a civilized event.
December 23, 2011, 09:06 PM
Collectible shooter? Never heard that....I'd guess what I call shooters must be that since they appear new, but have been shot. Maybe if I pose them with the box, they can be upgraded...LOL. Heck, the one in this pic has probably been shot all to hell by some people's standards. I'd guesstimate she's seen roughly 25k rounds. About the only way you can tell if from a unfired one is the action is super slick.
Sure, based on the past few years a King Cobra is going to appreciate. However, a used 4" or 6" one, certainly is not a $950 gun today. I think we are a good while away from them being worth that much money.
Cast of One
December 24, 2011, 12:18 AM
I saw a nice matte 6" at the store today for $800. That got me thinking about what I can part with to finance the purchase. Maybe I'll get lucky and win tonight's lottery...
December 24, 2011, 03:53 AM
Last year, $600. THis year, $700. Next year- ???
Makes my $300 4" matte SS KC in the factory box look better and better. (That was over 20 years ago however...) Now, if I could only remember what I did with the box... :(
Not that it matters; it's never for sale.
December 24, 2011, 10:39 AM
Around these parts, any nice looking .357 magnum revolver in 4" or 6" will have an asking price of at least $400. I would be suspicious of one selling for less, either the seller is hurting, has been in a semi-conscious state for the last few years, or the thing is hot.
If we are talking about a brand name like Smith or Colt, add another $100-$200 at least.
I guess what I'm saying is even if a person buys a clean used Rossi or Taurus, it's going to cost $400. So really, and this is the logic I use to explain my revolver disease to my wife, that $800 King Cobra really only cost me $400. See how that works? And, if I repeat it often enough, I start believing my own story :uhoh:
December 24, 2011, 10:46 AM
I know the economy is pretty good compared to the rest of the country but I NEVER rarely see KC's around Austin and NEVER at decent prices.
And trust me, I am looking.
December 24, 2011, 11:33 AM
December 24, 2011, 11:34 AM
December 24, 2011, 11:41 AM
Collectors Firearms listed a 98% King Cobra in SS for $750 a few days ago. Called at 8AM the day after they listed it and it was already sold. So we learn 2 lessons here...1) once in a while there are great guns at great prices and 2) you better be real quick in making your buying decision.
December 25, 2011, 03:36 AM
My thoughts? WHY oh WHY did I let that consignment 4 inch out of my sight??
December 25, 2011, 12:58 PM
Man I just got offered a 6 inch blued model for 600. There is a cylinder ring, but otherwise looks nice, but no box. I have been debating it, but honestly was really wanting a dan was 357 supermag or a python. (I can afford either)
December 25, 2011, 01:05 PM
I would LOVE a blued KC.
If you pass please PM me.
December 25, 2011, 09:52 PM
In the past 6 months, I have carried a like new, boxless King Cobra to more than one gun show and was stopped by no less than 50 people at each show. I priced the gun at $750. I couldn't get even an offer. I really didn't want to sell it and was more or less taking it to make conversation. Good thing I guess, because I got to talk a lot and did no selling. At first I was bummed and figured I was stuck with the gun, because I wasn't budging much on the price since that was about what I had in it and thought I had overpaid for it based on the reaction to the crowd....I'm over being bummed, though and am glad it's still here.
December 25, 2011, 11:07 PM
Offer them $700 then...
The worst they can do is say no.
Or kick you out...
December 26, 2011, 11:10 AM
I paid $365 for my 4 inch NIB over 15 years ago. My first revolver. Got no need to sell it. Great gun. I have watched the finished auctions on the popular sites and have seen them go from 500 to over 750. Depends on your "NEED" for one & how much you are willing to pay for one. Try the search function on this site lots of nice pics of Colts.
December 27, 2011, 08:29 AM
Here is one used by me for $779. Seems to be in really good shape.
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