Special Run of SW 586

I think that's a decent, not outstanding price.

For me PERSONALLY... I find most "commemorative" guns ridiculous and many will tell you that they usually aren't worth a dime over the same plain Jane factory model on the open market. The only time I think a "commemorative" gun is a good idea is when gifting it as a retirement present and the gun is appropriately decorated for the occasion.

Sorry, rant mode off.

Well in that case the gun seems like it would work well for you.

For a while, S&W was putting out so many "special" runs that some people joked about their "Commemorative of the week" program. From what I've seen, most of the the factory commemorative guns command a relatively modest premium over their plain, unadorned counterparts. In today's market a price of $750 for a new condition, pre-MIM, pre-Lock S&W commemorative isn't really a smoking deal, but it's not outrageous either. But then unless it's FTF, you'll also incur shipping costs and transfer fee from the FFL. I'd really have to be in love with this particular piece to pay all that.

This piece appears to be early production 1980s and doesnt have the M

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From my references, this particular gun was issued in 1983 - without the "M" it probably wasn't reworked by S&W to rectify the product warning dealing with the hammer nose and associated parts. If purchased as a shooter, I'd WANT S&W to complete the recall modification.

that gun has a few things going for it that imo make it well worth the asking price.
Nonfired NIB is a pretty big deal,
the commemorative-ness of it...meh, S&W did do a lot of comemmoratives. The fact that this isn't necessarily a commemorative, but kind of a prize gun done by the factory might work in its favor.
The front sight is another kicker...not many of those partridge front sights around.
All in all, I'd say its worth the $750, but only to the right person.

Nathan, in most cares award and commemorative handguns don't sell for premium over like condition "stock" guns. That being said, if you want a 6" 586 the buy it now price is not way out of line. If you want it and can afford it, go for it.

Added: it does appear to be a very high condition revolver.

The price is a little high but I think this particular Model 586 (really like the Patridge front sight), might be worth the extra money. That being said, as you're planning on using it for the range and hunting, you might want to keep looking for a nice used model as you would be paying a premium for the status of it being a commemorative gun; money which is instantly lost as soon as you start shooting it.

In my area for one in that condition that is a fair price to ask.

I recently bought a 6" 586-8, white outlined rear sight, orange ramp front, in new unfired condition, with box and everything.

Story was, a feller had ordered it, it came in, he went to get it, and it wasn't what he wanted. He'd ordered the wrong thing. So he immediately traded it in. It never left the gun shop.

But, it had been sold so they had to re-list it as "used". Then I came along. I got it for $599. Still haven't fired it and it's driving me nuts! But I've been wanting one just like it for 35 years, and now I have one!

The locks don't bother me. I'll never use it, see no point in it. I'd rather it wasn't there, but I wouldn't turn my nose up on a good deal just because it has an internal lock.

Look at how many gorgeous women have moles on their faces, and people consider those "beauty marks". I personally think they're hideous. But not something to snub the ladies over.

The price is a little high but I think this particular Model 586 (really like the Partridge front sight), might be worth the extra money.

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I've heard of the Patridge front sight, but never one named after a bird.

HankB said:

I've heard of the Patridge front sight, but never one named after a bird.

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You beat me to it.

I think the price is a little optimistic even NIB. The gold logo and lettering is tacky, and has no meaning except for the person who it was presented to. I personally would value it at 75% of a standard 586 in the same configuration.

All the lettering & logo for me is kind of distracting. I believe a commemorative is worth less than a standard production gun.

If it hasn't sold in a long time I would ask the seller if he would consider editing his ad and lower the price buy say $50.00 and let him know your ready to purchase it.

As far as paying a premium for a unfired gun that is fine if you don't plan on firing it but all of that extra value is lost as soon as it is fired and there all factory test fired anyways.

I agree. They look cheesy to me.

HankB

There fixed it.

Don'talways have enough time to proofread, especially when I use my cellphone.

It may be unfired, but it's not new. That seller in Iowa has had that gun on there for quite a while, with nobody snapping it up, which in itself should tell you something (I mean, other than that Gunbroker's liberal freebie listing policy and unlimited free renewals tends to accumulate stuff like this swirling around in perpetuity until a sucker is discovered or the seller gets bored renewing!)

The bluing damage on the bottom-front of the triggerguard, the nicks and dings on the end of the barrel, the wear to the high side of the cylinder release, and the turn line (however faint) shows this gun was handled and carried. I'm not saying there's anything wrong with that, but to try to sell it as a new mint gun won't fly. I would call that a 95% gun, without box, no papers. Maybe a little better but not much.

Quite honestly, commemoratives are to me a deduction from the value of the gun unless it's something really significant historically. S&W cranked out many, many commemorative models, and the commemorative aspect per se isn't really rare. If that specific event is significant to you for some reason then it may be a plus for you, but it isn't to me. It's just the same as a gun that someone electro-engraved their name or social security number on the sideplate. It's factory personalized, that's all.

As an investment piece- no. It will go up in value as all S&Ws will do, but it won't be a sought after gun like a new in box non-commemorative 586 would be.

From the position that it is a shootable, pre-lock 6" 586 with nice factory wood- I dare say you could not buy the new equivalent of that today for less than that- and this has a hammer-mounted firing pin, bar stock hammer & trigger, deep bluing, and no integral lock which a new S&W would not be so equipped. So if you're looking for a gun to shoot and enjoy you won't go wrong with this one at that price, but it's top of the mark IMHO and for a lot less money you can find something only a little less 'nice' and spend the savings on more ammo.

This one is less money-
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=458510029
And still just as new, if not newer looking.

This one is less money yet-
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=457691392
Not quite as new looking but still looks good.

There's no shortage of 586's out there if you keep your eyes open and aren't looking for investment grade.

Considering the new M586 lists for $839 and you want a pre-lock version I guess $750 isn't outrageous, but high IMO. Just to mention, Buds Gun Shop online has a brand new 6" M586 for $742 including S&H.

If it were me I would pass on this one and wait for a more reasonable price. You are paying for the writing on the side of the barrel which means nothing to you since you intend to shoot it.

Partridge front sight...

High Power, I think that gun may shoot a might low. Aim at their head, shoot between their feet.

The price is about the max for the gun considering shipping and FFL fees have to be added. If you really like the gun go for it!

rondog said:

I recently bought a 6" 586-8, white outlined rear sight, orange ramp front, in new unfired condition, with box and everything.

Story was, a feller had ordered it, it came in, he went to get it, and it wasn't what he wanted. He'd ordered the wrong thing. So he immediately traded it in. It never left the gun shop.

But, it had been sold so they had to re-list it as "used". Then I came along. I got it for $599. Still haven't fired it and it's driving me nuts! But I've been wanting one just like it for 35 years, and now I have one!

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my god. where do people find these things. I cruise all my local areas regularly, and the prices some of them charge for S&W revolvers are insane. Most recently, there was a 6" model 14 showing wear from lots of range time and they wanted a grand for it. sheesh.