Colt Python Currently Overpriced

I don't think the Python is made anymore for one thing, and even so they are overpriced. My dad has a very nice Python Elite 4" like new, I'm sure he would sell it to you for considerably less than $2,500.

I sold my NIB ones last year. Figured the money can't hold out in this economy for such luxury items. I bought silver at $11 with the proceeds. I still have a finish worn 2,5" I'll keep and am buying all good 50s-70s snubs I can find at low prices. Think I'll dump my as new 6" .22 Diamondback soon. The .22mag version I had fetched almost $2500 5 years ago. I'd sure like to have a 3.5" S&W Model 27-2 or earlier in Nickel instead.

python is one of the last hand fitted wheel guns; in addition , they're are not made anymore. price is set by supply and demand. your next collector series from colt will be the diamond back followed by the troopers....compare the price of 22 lr diamond backs to the 38 ctg's.....22 lr troopers are currently hot and getting more collectable

I'm glad to hear this, because I have a Python, .22lr Diamondback, 3 Troopers 1 ea of .357, .22 mag, and .22lr. Maybe I can retire now.

They were and still are some of the best 357 mag revolvers ever made. A lot of hand fitting and great finish work. They are also shooters. Add to this the fact that they quit making them about 15 or so years ago.

I had a chance to buy one about 6 years ago. The owner had died and his widow had my son and I do some work around her house. She showed me her late husband's gun collection. He had probably 15 or 16 different guns and she had prices on all of them. I told her I would be buying 2 or 3 including the python in about a month. She said fine but no deal was finalized. Naturally when I went back she had sold all of them to 2 men that were obviously either dealers or packing a lot of cash. I could have gotten the python for $400.00 at that time. If I had only had the cash earlier.

I just ordered a trooper mk III and am paying too much for it. I had one in the past and went insane one day and sold it. The troopers are getting much more pricey too.

None of them, Pythons or Troopers are going to get cheaper.

Personally I think a lot of these high priced sales are going to buyers that are operating on the "bigger fool" theory. But that's just my opinion.
I think Pythons prices are in a bubble right now, kind of like real estate was a few years ago and you see what happened to real estate.
But, if I'm wrong, I've got a 6" .22 LR Trooper that I will cash in.

The same reasons that original Cz-75s are overpriced: They aren't made anymore and they have a reputation of being "the best".

so I have a lnib 6" bright stainless one I will taking to a show this weekend. what should I ask on it?

Don't forget the King Cobras. Seeing $700+ out of 4" stainless ones and the blued ones are getting towards Python prices.

The Magnum Carry is another Colt to collect.

Jon Coppenbarger

A LNIB Bright stainless should start around $1400 at a minimum.

Between Call of Duty: Black Ops and now the series The Walking Dead the python has been reintroduced to pop culture. Don't worry it will blow over, it is however nice to see protagonists carrying revolvers again. I just wish more decent revolvers would show up on the tables at the local gun shows. I want my m-10!!!! Oh and a trooper, python, GP100, and soooo many others.

I don't think the Python is made anymore for one thing, and even so they are overpriced. My dad has a very nice Python Elite 4" like new, I'm sure he would sell it to you for considerably less than $2,500.

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If it is in the box, like new, and "considerably less than $2500 feel free to have dad PM me if he wants to sell.

so I have a lnib 6" bright stainless one I will taking to a show this weekend. what should I ask on it?

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PM sent

Colt python currently featured as primary weapon of Rick Grimes in "the walking dead" on AMC.

I know several Python collectors. I can guarantee you not one of them buy their guns based on a video game or tv series.

Their not all priced in the stratosphere.......I bought this one back in July at a LGS for $850. Made in 1964 and in about 97-98% condition. It is missing the original grips however. No big deal since I like shooting it with the ones that are on it.

$850 was a fair price and probably price accordingly due to it missing a set of $200+ grips.

This came home with me earlier this year for less than 800 bucks. She had some holster wear, but was sporting the original grips.

Missing Grips

I am currently looking for a set of original grips for it, but I am in no particular hurry at this time.

I have a set of Officers Model grips, which if I am not mistaken, are the same as the Python grips only with silver medallions instead of gold. Quite honestly I find the set that came with it to fit my hand better. If and when I turn up a set, they will be only on it when it is in the safe.

Gunwriters shilled the Colt Python very heavily for decades. It got a lot of press exposure.

I have a 6" Stainless Python. It is a fine pistol, very accurate. In my opinion, I paid too much for it when I traded a M686 and $200.00 cash .

Colt did make sure the Python stayed a high quality piece. From old American Rifleman articles Python barrels were 25% more accurate as a population than the standard models. The fit and finish on the things are generally outstanding.

The Colt Python was the last of a long line of Colt revolvers. It was priced at a premium when introduced with a very bright blue finish and great attention to detail and marketable features - ie. vent rib. Personally I can do as well with the Colt Officers Model Match revolver without the fancy vent rib.

ColtPythonElite said:

I know several Python collectors. I can guarantee you not one of them buy their guns based on a video game or tv series.

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Are they the ones responsible for the price run ups or is it speculators and fanboys? I always thought true collectors knew the values and that led to a stable market.

Are they the ones responsible for the price run ups or is it speculators and fanboys? I always thought true collectors knew the values and that led to a stable market.

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I do not know who is responsible for the price run up. However, I am currently seeing a decline and expect prices to fall a good bit over the next year or so. I'd guess some speculation has caused the rise. I do not really know the true definition of a "fanboy", so I can't answer on that one.....True collectors do know the values, but they can't control what guns sell for. If guns are selling at X amount, that is what their value currenlty is in my eyes. Right now, GB is what sets the mark for many. I gauge what a gun is worth by what they have recently brought on GB. I try to take an average of several auctions for the same model, not just one fluke that brought big money from a bidding war, sucker, or just plain fool.

Just be patient and keep on the lookout.

A pristine 6" stainless Python was listed (private sale) on my state auction board the other night for $850. Needless to say, it didn't last for long at that price.

I picked up a blued 6" model for a little over $800 about two years ago at a local pawnshop...after looking at several other specimens for sale at prices ranging from $1100 - $1400.