Crazy prices on revolvers

[rich642z]

I have 3 m10s S&Ws one in a 2 inch barrel that was parkerized because of the blue wear was horrendous and 2 4 inch barrel blued m10s they were all 3 stripped to the bare metal and beadblasted and parkerized. These 3 m10s belonged to a late friend of mine that was a LEO and passed away of lung cancer 20+ years ago. I picked them up at the auction house all 3 for $400.00 dollars. rich642z

 

[jad0110]

As others have said, deals can still be found.

Yesterday I picked up a mint condition blued 3" Taurus Model 431 (.44 Special) for $268 at a gun show. The trigger is a little gritty, but the gun looks like it hasn't been fired in years, so it probably just needs to be cleaned out and relubed.

 

[oldbanjo]

It's hard to believe that my S&W MD36 that I paid $99. for new (69) could sell for 300 today. I wouldn't swap it for half the supposedly brand guns made today.

 

[Ala Dan]

Sorry Guy's And/Or Gal's, But

$375 would not touch my "mint" 4" factory nickeled Smith & Wesson 10-5
from 1963. Locks up tighter than "Dick's Hat Band" or drum; and comes
complete with an original set of "diamond cut" walnut grips. No chipping
of flaking of the factory nickel; as its 100% original. I do not carry [or
even shoot] it; as its in the RSC as a "SAFE QUEEN"~!

 

[oneounceload]

ANY gun is worth EXACTLY what ONE person is willing to pay for it - no more, no less - if one person pays the asking price, then the gun is worth that amount - whether or not YOU will pay that, is something you have to ask yourself

Around here, ANY S&W model 10 is $400 - if I don't like that, I can shop online

 

[Damon555]

It might not be worth it to someone else but my 10-5 is a $400 gun to me.....I've been offered more but I'm not parting with it.

 

[Fishslayer]

I think it's a matter of the fair deals going fast.

I'm still a bit of a S&W n00b so I like to research before I buy. I've missed a few pretty good deals over the past year when they were gone in a matter of days (or hours).

Gotta be on your toes, be dilligent & have the cash in hand. Knowing your chiznit is a big help, too. Then you won't go find out on the internet that you just missed a smokin' deal!

 

[oldbear]

Yup. The asking prices on the new crap is driving up the prices on the old good stuff!

+1.

But as long as buyers are going to pay some of the outrageous prices sellers are going to keep selling guns at those prices. From 2001, when I retired, until 2009 I had no interest in firearms of any type. It was complete sticker shock to see how the prices had risen in 9 years. In 2001 a solid used M-10 could be had for $75.00, an M-15 $100., and an M -19 $125 - $175.00. The now venerated M- 28 and M-58 were always for sale for less than $125.00.

 

[DenaliPark]

I was at a Gander Mountain in the Twin cities this past weekend, they had a Ruger KP345PR .45 auto NIB listed at $617.00! By any measure, thats crazy...

 

[camsdaddy]

Recently bought a Model 19-5 2" OTD for $450.00 feel it was a decent deal. It was sorta one of those oooh I wants.

 

[SharpsDressedMan]

Recently bought a like new, pre-warning (1970's) Ruger Security Six for $410 delivered. Got a VG-EX S&W Model 19-3 at a gunshow for $350. Both of these guns would give any new gun a run for its money in performance. I never knew the Ruger Security Sixes were as accurate as this one is.

 

[ElToro]

Of course depends on the item. They arnt making pre lock smiths anymore. In PRK we have the "roster" which means its near impossible to import a gun that's evena few years old and out of current production single action re vos exempted. So that leaves a .gov cause schismin pricing as there is more demand than av ailable 4 inch 29s for example. Nice colt 1911 are tough as well. Just got to shop hard and often and be lucky to be first in line with cash when the gun u want comes on. One thing I have learned over all these years if u see a gun (used) at a shop you better put your. Money down to hold it as its likely to be gone next week.

 

[Prosser]

El Toro is right on the money.

The combination of demand, caused by Obama, and the democratic, Pelosi lead congress, not to mention in our state, Kali, the constant war on firearms, leads to people selling guns for as much as they can get, in combination with selling due to the economic down turn.

On top of that, in our state, I was looking yesterday on a 499 gun I purchased, that came in at 600 dollars. DORS, our socialist state government board that is also called the DOJ, charges 35 dollars 'tax' to keep their coffers full, so they can further limit the industry that justifys their worthless existence. On top of that was a near 10% state tax on any retail sale, and, voila, 600 bucks, or 20% luxury tax on a firearm purchase.

Long winded way of saying that in our state, you take the actual value, then increase by 20% on a private party purchase, since a new purchase is going to be 'taxed' in such a manner.

On top of that, just found out the DOJ is now stopping any of the gun shops from bringing in black rifles, AR-15 based guns, to all gun shops, by threatening legal action. Abusing the position of a state agency, by using intimidation of legal action to bludgeon the gun shops and wholesalers
into submission. This they learned ala Bill Clinton, and, I'm sure Obama is likely to do the same.

The irony is these agency actions will eventually put a big budget cut in their existence, and, that they contradict the 2nd Amendment. Perhaps, between that and the commerce clause we may see a turn in this kind of stuff.

 

[evan price]

LGS has S&W 10-8's, security guard or prison trade-ins in various conditions from fairly worn to well-worn, some with original grips, some with Pachmayrs for $299. 2 years ago that price was $75 lower and the guns were much nicer.
Had a holster-worn 19-4 for $479, and a C.P.D. marked 65 for $329.
Also a Colt Trooper Mk III for $329.

Let's all agree that we will never see cases full of PD trade 357 service revolvers for $150 ever again, right? Too bad, too, because.. oh, wait, I'd need another safe...

 

[buck460XVR]

Say what you want about the price of new revolvers, but there's a reason they're still hard to find in many LGS. Does this drive the price of used revolvers up? Of course it does. If a gun is priced higher than you want to pay, then pass on it. Either it won't sell and the price will come down or someone else will snatch it up and consider it a good deal. I suggest if you gonna wait till prices come back down to where they were 10 years ago, don't hold your breath at the same time.

 

[Deaf Smith]

Need to look at chain pawn shops. Sometimes they have real good deals.

Find then near you and drop by once a week.

I've got several great deals that way.

Deaf

 

[whalerman]

Thaddeus Jones and BigBill have good points. The dollar is worth less by the minute. This explains a lot when you think about it. And I suspect the folks on this blog appreciate more and more the older stuff, as some of the new guns just don't excite anymore. My new Smiths have that ungodly lock stuck in them. Hurts my feelings knowing its only there for lawyers and cheap politicians. That makes the older revolvers retain value and sell for more. Good observations you two.

 

[oldfool]

It's hard to believe that my S&W MD36 that I paid $99. for new (69) could sell for 300 today. I wouldn't swap it for half the supposedly brand guns made today.

not pickin' on you, friend, just happens to be a pretty fair example
3X the price in merely ~40 short years ('69-2009), ~2.8% average inflation rate
wish I could say the same of gasoline, milk, chewing gum, and toilet paper
(uhhh, please don't even mention cigarettes, they bad 4 U anyway)

I don't like it, either
but it's all relative, you know
never thought of myself as wealthy (too many reasons not to), until I saw what some of my guns (in my safe) are selling for these days.. and ain't none of 'em collectible, nor custom shop, just plain vanilla grade stuff that shoots really good

$550-$600 a pop for real nice k-17s I could have easy had back-when for so much less; but still happy to do it now vs. never, if/when can do, ain't getting no younger, haven't lived long enough to see gun prices drop steady-state (and don't much want to, considering what would likely go along with all that)

PS
support your local sheriff, always
thank your local banker only at your own discretion
(don't even think about using that credit card at double digit loan rates, compounded, unless you can pay it off in full every 10 days, and get angry at people who try to sell you balloon notes, they ain't your friend)
never was anything ever sold, no matter how hot the on-sale price, worth that
but 2X or 3X for one you always wanted, but passed on for way too long...still a fair deal

 

[wep45]

there IS a lot of stuff on the market today with premium price tags. most of it isnt being sold ....just listed for sale over and over again.

but if you have certain items that you are interested in.... be patient and the good deals will finally come around...on the gun forums or auction sites.

 

[Oceans]

If people are getting these fat prices, there is only one thing to do, SELL and that is precisely what I intend to do with most of my revolvers. I think I will try Gunbroker, if there are that many suckers out there to buy into this bubble, I think I should make a profit too.

 

[22-rimfire]

If people are getting these fat prices, there is only one thing to do, SELL and that is precisely what I intend to do with most of my revolvers.

If prices are going up so quickly, might it be a good idea to wait? That is always the $50 question when it comes to "investments". Good luck.