Reasonable price -Colt 38 sp Diamondback


G'dale Mike
April 29, 2013, 07:27 PM
Was in the pawn shop this afternoon, they just put out a Colt Diamondback (blue) with an asking price of 1200$. What do ya'll think? High, low, or just right? Beautiful firearm.

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April 29, 2013, 09:14 PM
Seems to me that's about right, at least around here. I find the 22lr ones to be more common but I can't recall seeing either selling for less. Condition is important of course.

April 29, 2013, 09:31 PM
That is about the going rate for a nice one.

April 29, 2013, 10:22 PM
If it has the original grips and is not a snub, I wouldn't give more than $1000 and it better be a cherry at that.

G'dale Mike
April 29, 2013, 10:25 PM
Pachmyer grips, otherwise, looks super nice. Tomorrow, i'm gonna drop by and give it a closer inspection.. Heck, its a pawn shop, and 1200$ asking may be 900$ cash counting $$ sold! We'll see. Man, those are purdy guns!

April 29, 2013, 10:30 PM
$900 would be top of the mark for a blue missing it's grips these days for me....A couple of years ago, I gave $900 for his nickel:

April 29, 2013, 11:41 PM
As far as I'm concerned, the value dropped $200 with the pachmayr grips. That is about what Diamondback stocks run these days. I was pricing a really nice Trooper 357 mag with Pachmayr grips and I reduced my offer accordingly. The result was we agreed to disagree on the value and I walked.

I personally would not spend more than $800-$850 for it unless it was cherry. The original box would add some interest and might push me to $900. The blue 4" 38spl is in fact the most common of the Diamondback variations. But somehow, that fact escapes many people when buying Diamondbacks. The blue 4" 22 is probably the second most common variation. All that said, the 4" is my absolute favorite.

April 30, 2013, 12:07 AM
Reminds me, my buddy was telling me about a Diamond Back .22 at a pawn close to us, might have to go see about that one....... might have to wait til I get back from Vegas!

Peter M. Eick
May 2, 2013, 04:32 PM

I spent $275 for mine but that was a while back. Great gun but I have shot it a lot. Something like 48,000 times now so it is not as shiny as it once was. $1200 seems to be par for the course today.

May 2, 2013, 05:56 PM
I have seen them priced between $1000 and $1200 in similar condition at the local gunshows.

May 2, 2013, 07:03 PM
FWIW, I paid $450 for a 2 1/2" .38 diamondback with holster wear at the muzzle about 6 months ago, but I think I got a good price on it from what I'm hearing.

May 2, 2013, 09:35 PM
In my State Ct,You never see a Diamondbacks for sale, let alone at $800.$1200 seems to be the going rate.Even without the grips they command $1100.I got one recently for $700.The grips were not original,the finish was mint 4 inch blue .38 sp.There is one tapped hole on top and the gun wouldn't stay cocked for single action.Took the cheap grips off and low and behold she now cocks and locks!!!! (

May 2, 2013, 11:41 PM
It's a rare piece but still... it's only worth $1200 for the fact that it's a Colt Diamondback, not for the fact that's it's a .38 Special revolver. Yes, it's worth it. It'll last 300 yrs. if you treat it right.

May 2, 2013, 11:46 PM
In the circles I travel, the .22lr is more sought after and commands the higher price.

May 3, 2013, 01:27 AM
I never seen one, In 22,, I tried for years to buy a new one,I page through the shot gun news,and I see the guy who owns a hugh gun distribution shop has the 22s for sale for less then 300 bucks.. so in the car I go.. I ask, he says He doesn't have any,,what,well that's how it went for a few years..make a long story short.. he never did get any in.. he would put the pricein the shotgun news ahead of time. in case he would have any come in,,oh goes on. looks like it was never ment for me to have one.

May 3, 2013, 07:13 AM
Sounds high to me by several hundred dollars unless it's NIB. Of course, it all comes down to how bad you want it, not what we think. I just paid $1300 for a custom S&W M28-2, thinking about it now, that may be the most anyone has ever paid for a 28. Like beauty, value is in the eye of the beholder.

May 3, 2013, 07:42 AM
It is high....$1200 is original grip-less Python money...A Diamondback is a nice piece, but it ain't no Python.

May 3, 2013, 08:02 AM
As ColtPythonElite said, the .22 Diamondback is the most sought after.

Last year I was shamelessly haunting gunbroker looking for a .22 Diamondback 4".

I saw one listed. The pics either showed a gun w/ a very worn finish, or bad camera flash. The ad description was minimal. No box or manual.

The opening bid was $1,000.00 I decided to take a chance and bid the 1K. I had the only bid. When the gun arrived @ the LGS, the owner immediately offered me $1,100.00, then upped it to $1,200.00. The gun is 99% :)

I still have it. I happened to have a Manuel and I got a box w/ Colt letter off gunbroker.

Some auctions can be crapshoot, ya roll the dice, see what happens. ;)

May 3, 2013, 11:12 AM
I don't understand why Diamondbacks are so popular in general. But, they are my favorite revolver, but that is ME. Back in the day, you could buy "used" or like new Diamondbacks for $300-$350 at gun shows all day long and $400 was a common price. Pricing remained pretty flat at about $400 > $550 for regular Diamondbacks until the late 1990's. Blue Book prices were actually on target then. In the early 2000's, the prices began a climb that has not stopped, only slowed down after they crested the $1000 mark.

It was in fact how I rated a gunshow; no Diamondbacks = bad show. :)

There are certain variations of the Diamondback model that are very hard to find and some had very limited production as regular production goes. But not everyone knows the difference. One fairly special one is the blue 6" 38spl that did not see significant production.

May 3, 2013, 10:52 PM
My .22 Diamondback ( ( (

Old Fuff
May 4, 2013, 12:52 PM
There are two kinds of people that are interested in Diamondbacks, which are from any perspective fine revolvers. They are collectors and shooters (that can of course be one in the same).

Collectors tend to want examples in new or like-new condition, and frosting-on-the-cake is when they come boxed with the original printed material inside. When they find what the want they will often spend outrageous amounts of money to get it. They will also likely keep it in the prefect condition it was in when they got it.

Shooters are less concerned when it comes to "newness," and in all respects factory original. They are more then willing to pay less to get those revolvers that are under the collector's expectations. They shoot what they have, and likely do so often.

From my personal perspective, I understand where collectors are coming from and why they shell out the big bucks that they do. But being well aware of the ever increasing difficulity of finding parts and qualified as well as affordable 'smiths to service them, when it comes to over $400 and up I'll likely spend my money on a S&W K or J frame in .38 Special or .22 LR. - with exceptions for .38 Detective Special's or an occasional Police Positive or Police Positive Special; all of which are great shooters and sometimes very affordable.

May 4, 2013, 09:28 PM
glad I read this post had no idea Diamondbacks would bring that kind of jingles ...I have a pair .22WMR & 38 both 4"...paid $150 for the .22WMR & $165 for the 38 back in 1967...WOW!

May 4, 2013, 10:17 PM
I would suggest you get a factory letter on that 22 Mag. Many were faked.

Would love to see a picture of it. Is it marked 22 WMR on the barrel or something else? In '67, I would assume it is a D prefix Diamondback. If authenic and in good condition, they are quite valuable.

May 4, 2013, 11:32 PM
how would it be fake ?...bought it new out of Sears cat. & was delievered by train to local depot...both are still in like new condition...I picked up a 1938 Colt model "P" at a pawn shop that year in 44-40 for $15 & quit shooting the others because I had grandpa's Win. 1873 in 44-40 & a $8 Lee hand loader ...made my own bullets from lead pipe from plumbers ,used BP cause it was .25cts a pound [still have some]...don't remember about primers....take care

Peter M. Eick
May 5, 2013, 12:38 PM
Many were converted from 22LR to 22WMR and sold as if they were 22WMR. It happens. If you have the original box and documentation to yours and it says 22WMR, don't worry about it. If not it might be worth a factory letter if you intend on selling it.

I won't sell mine. It is my first centerfire and I will keep it to the bitter end.

May 5, 2013, 09:12 PM
centerfire ?? anyhow I don't think Sears would convert anything & sell out of their cat. ..

May 5, 2013, 09:33 PM
At our local gun shows (Kansas) there is always one fellow with nice Smith and Colt revolvers, and the Diamondbacks are usually about $1200.

My first handgun was a new 6" .22 Diamondback, I think I paid $200. Still in the safe.

May 5, 2013, 11:36 PM
I am not questioning the authenticity of your Diamondback. I didn't know the history. I would absolutely love to see a picture of your 22 mag Diamondback. They are so uncommon and as a result very special. If you ever want to sell it, give me a "ring".

A 22LR Diamondback was my very first "good" revolver that I purchased new.

Peter M. Eick
May 6, 2013, 07:29 PM
Question to me on the centerfire?

My diamondback in a 38 special from 1976 if I remember right. I would have to look that up to be sure. The same comments hold for the 22lr/wmr versions though.

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