S&W 586 pre-lock, $459, go or no go?

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I've wanted a good pre lock S&W 357 for awhile and I was originally going to get one of the 65's from CDNN. I've done no research on the 586 and I have no ideas of quality, price, or any other issues. So...

Today I go into a local GS and they have one at $459 in the used case, LNIB. I checked the timing and it locks up tight. The gun is clean as can be.

Should I hold out for a 66 or 65?
Are the 586's hot items?

Layaway is an option.
 
The 586 is a beauty of a gun, you will love it. It will eat full-house magnums all day long and only beg you for more. Just a fantastic shooter, with a classic design that always looked to me like a Model 19 mated with a Colt Python.

$459 is a great price. They aren't even making this model any more. GO GO GO!

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Go

Not a bargain, but the prices of "pre-locks" are not going any lower. It will also be somewhat unique as the blue steel 586 was made for a comparatively short time.
 
LNIB? Clean? I'd buy it in a heartbeat for $459.

The Smith Model 586 is an "L" Frame and will "handle" .357 Magnum loads all day for a long, long time. My nightstand gun is a 586.
 
I recently looked at a pristine, 99% finish, 4" 586 (beautiful factory wood / but no box or accessories) for $525. I thought it was a little high, but would have gone back to dicker for it. Instead, I picked up an equally immaculate 686-5 for about $430 at another location.

As noted by others, the pre-lock L-frames ain't being made no more. The next time you see one, it will PROBABLY cost even more. You'll regret passing this one up.

They are amazingly fine revolvers. Buy it.
 
Definitely go for it; the L frame is the perfect platform for the .357Magnum. The K frame models like the 65 and 66 won't hold up as well with a steady diet of full house loads, and while the N frame models certainly will, they're almost too big for the cartridge. The 586 is also one beautiful gun; I would move on this one, ASAP.
 
I paid about the same for mine, but w/out box and "broken in". The double action trigger is like butter & worth every penny! 586(no dash) 1984 model

They don't make-em like this anymore.
 
I didn't pay near that much but I've had my 586 for some time.
All I can say is it's a darn fine revolver and if you want it and got the money, go for it.
They're not likely to go down in price
 
I went back and got it:D, pics will be posted in awhile.

I could'nt pass it up so I went back in tonight. The gun was at a big box sporting goods store in the mall and they're getting alot of traffic this weekend. The gun had only been out on the shelf since Thursday.

LNIB was not an accurate description. :):)It was in the original box (SN matches) with original rust resistant paper.:):) Finish is near perfect: light scratch on the cylinder. The trigger is still slightly stacky toward the end of DA travel. I think the DA pull will smooth out on its own. SA break is clean, like a mindlink. Think, Bang. All good news so far. Thanks for the input.

In the past I waited too long for a Glock 23 with TFO sights and the factory lube still intact for $430 LNIB. Not too much regret on that one, I can still buy one if I want to.

The one I really regret was a Russian SKS like new in Cabellas. It was on the used rack and marked $250, but you can haggle a bit for their used guns. I took the night to think it over, went back the following morning and it was gone. I don't think I'll ever see one that mint again.:(
 
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I picked up a Very Good 586 (no dash) with 6" barrel back in 2005. They wanted $350 for it. I traded an old 22 rifle that I hadn't shot in years and got $70.00 kncoked off the price. I haven't seen a 6" 586 in my area since. I have seen a couple 4" models, but they both showed some real wear and tear.

I sent my 586 to the factory for the recall work. I sent it the Friday after Thanksgiving and had it back the following Friday. Seven days and it didn't cost me a penny. Very impressive.

Yes you were right to get it. Smith stopped making them in 99. They might make reproductions, but they aren't the same and I do believe that they will start to dry up. Just like the Models 27 and 28's were so plentiful fifteen years ago and now they're going fast and the prices are going up.
 
If it's good, clean, and tight, I'd go as high as $550 for one. Who cares what the Blue Book says. The pre-lock blue s are only going up, up, and up.
 
I have a very well used (but mechanically fine) LE trade-in 586 4” I bought this year for $380. Also a 99%+ 586 – no dash 6” I bought last year (unfortunately, no box, papers, or tools) for $350 (couldn’t pass it up for the price, even though I was looking for a 4” barrel). I would have definitely spent what your shop is asking for the gun you describe. You might even be able to dicker them down a little.

The no-lock L-frames are starting to bring a bit more money. For the last few years, folks seem to be grabbing the 4” variants faster than the 6”. I think that is just a cyclical change in preference.

The 586 (& 686) are very stout .357 Magnum revolvers that will eat just about any ammo with ease. They are well balanced.

If you’re interested in something for concealed carry, I probably suggest the Model 65 though. The extra weight of the L-frame will be noticeable.

Matt
 
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