S&W 38 SPL. Model 10-6

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My neighbor is offering to sell me this like new Model 10-6. It has the original box and paperwork. It looks like it's been fired but still in pristine condition, not a scratch on it. The ser# is 2D42742. Does anyone have one of those S&W books to look up the manufacturing date? He said he'd give me a fair price. He said "look it up on the Internet and see what it's worth". So what do you say, what's it worth, and what's a fair price?
 
This gun was likely made in 1977.

You don't state the barrel length and that affects value. The 2" brings a premium. The 5" brings a bit less. Then the 4" and finally the 6".

IMO a really nice 10-6 with a 4" standard barrel should sell for around $300 or so. Add $50 if a 2"; $25 if a 5"; $25 if it's a heavy barrel version; and deduct $25 if it's a 6" gun.

But this is just me guessing.
 
Sorry, yes it is a 4' barrel. I'm going to try and get it for $150.00, $200.00 max.
 
$150 would be a an excellent price. But you asked what would be a fair price, no? Which do you want, fair or excellent (for you as the buyer, not so good for the seller)?

You didn't really need to ask if $150 was a good price did you? I don't understand the purpose of your question if your intention all along was to make the guy a lowball offer.

I guess the lesson here is don't ask the potential buyer to come up with a fair price. If the seller is foolish enough to take your $150 offer then I guess you can buy it.
 
Your neighbor, you say?

You know, I like to keep things friendly with my neighbors. I do have to live next to them, you know. As since we all own, not rent, we're going to be living next to each other for a while.


You might want to rethink low-balling your neighbor on that Model 10. When he finds out he might not be too happy with you. If you tell him $150.00 is really all you can afford to give, and he's OK with the deal, that's another story. But I wouldn't take advantage of the situation and rip him off.
 
I have no intention of screwing the guy. I'm going to ask him how much he wants. My intentions are to tell him the information I found out here and let him set the price. He told me he paid $150.00 for the gun, if he still wants to sell it for that amount after the information I give him, I'll buy it.
 
Yes...I agree, a Fair price would be around $400.00, whether the Seller knows it or not.


If it was me, I would just tell him "Look, the real world 'Fair and realistic Price' for this would be around $400.00, any day of the week.

A Gunshop would maybe give you two, and be frowning about it...or would offer onefifty and act bored.


With this in mind, today, Cash on the Barrel Head, I would like to get it for...fill in the blank.


I think this is the best policy, doing it that way. Being honest with basic information to edify a naive Seller.

If the seller is rude, or an idiot, then, usually best not to bother trying to edify them...Lol...

But if they seem like a decent person, sincere, then...makes sense to do so to my mind, just as a courtesy and fair play to them and one's self.
 
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I just paid $325 for a model 10-5 with a 5" barrel that is in 98% condition with no box and I would do it again tomorrow if the opportunity presented itself.
 
$150 is a real lowball price.

If he's a friend, and you want to stay on his good side, offer more.

He could probably get $400 if he sold it on-line, especially with the box and papers. Maybe even a bit more.

I'd offer $300 to $350 as a "in between" price: That's more then he'd get if he solid it a gun shop, but less then you'd pay for it at a gun shop.
 
I'm going to try and get it for $150.00, $200.00 max.


Like others have indicated, $150-200 would be a steal.

Everyone should have at least one K-frame, and the M 10-6 is a gonna be a good shooter. A "friendly" price - for him and you - would be more in the $275-325 range.
 
Update

Talked to my neighbor today. I told him the gun was worth between $150.00 and $450.00 depending on condition and who was selling it. Obviously a gun shop will asked top dollar, while a private owner will ask less. So I ask him what he wanted for the gun. He said, because I was his neighbor, $175.00.(remember he said he paid $150.00 for originally). I told him, knowing what it was worth, I felt bad, so I gave him $200.00. He seemed to be pleased but, I still felt guilty.
After examining the box, I noticed, the number on the box doesn't match the number on the pistol. So I guess it's not the original box. Anyway, it looks unfired and I'm happy and so is he.
 
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