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S&W Model 58: Value?

Discussion in 'Handguns: Revolvers' started by huntingguyMN, Sep 3, 2007.

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  1. huntingguyMN

    huntingguyMN Member

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    A friend of mine has a near 100% S&W 58 .41 mag that he is looking to sell. Just trying to figure out a fair price for it.

    Thanks!
    HGMN
     
  2. Rio Laxas

    Rio Laxas Member

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    I've seen them go for usually between $450 and $600 for standard 58s. SAPD 58s demand more.
     
  3. huntingguyMN

    huntingguyMN Member

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    Thanks, Charles. Hope all is well.
     
  4. Ala Dan

    Ala Dan Member in memoriam

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    The 27th edition of The Blue Book Of Gun Values list the following:

    Made from 1964 to 1977 as the .41 Magnum M&P model-

    100% NIB = $800
    98% = $750
    95% = $650
    90% = $575
    80% = $500
    70% = $400
    60% = $300

    Add 10% for nickel finish or "S" serial number prefix.
     
  5. huntingguyMN

    huntingguyMN Member

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    Thanks, Dan. I should probably pick one of those up. :)
     
  6. Archie

    Archie Member

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    That is a really nice revolver for all around usage. I'd buy one if available even though it means starting up a new caliber.
     
  7. huntingguyMN

    huntingguyMN Member

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    Archie,

    Are they fairly rare? While researching them, I've had no luck on finding any on the normal auction sites or even on google. Seems like a lot of folks want one but just can't find it.
     
  8. 22-rimfire

    22-rimfire Member

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    The Model 58's are pretty uncommon. Not rare, but certainly uncommon. Total production was 20,287 guns between 1964 and 1977. They were built originally for police use and the ammunition makers at first only had the hot loads available. Later came out with a lower powered lead load for police, but it was already too late. Your everyday policeman could not deal with the recoil, but the caliber did exactly what it was intended to accomplish as it was better than a 357 mag. Some police used them. I believe San Francisco issued them. The administrators believed they were simply more than the average policeman could master from a shooting point of view. So, interest died off. Today, the 41 mag is probably more popular than it ever has been, but no where near the popularity of the 44 mag.

    Most sportsman bought the adjustable sighted version, Model 57. If you can get the Model 58 at a fair price, buy it. You will not regret it. This is one of the guns made by Smith that have really climbed in value and will continue to do so.
     
  9. huntingguyMN

    huntingguyMN Member

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    22,

    Thanks for the valuable info! :)
     
  10. Brian Williams

    Brian Williams Moderator Emeritus

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    Not rare, but those that have them keep them because they know what they have is one of the best heavy duty carry revolvers around.
    2 things to look to look for; One the grips, if they are wood, are they numbered to the gun? and are they the PC version of the magnas? Two, What serial number is it? if it is the earlier range, they are the more desireable.
    The PC version Magnas has a rounded bottom.
     
  11. GunTech

    GunTech Member

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    My experience with the Blue Book is that it has nothing to do with reality. I donlt know where they get their figures, but it doesn't jib with reality. I recently sold an IMI timberwoff 357 slide action rifle. BB had a value for perfect condition of $250 or so. Sold it for $600 easily.
     
  12. Ala Dan

    Ala Dan Member in memoriam

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    Blue Book As Information Source Only

    Use the Blue Book wisely~! Its good for identifying firearms, dates of
    manufactuer, number of pieces made, etc. The prices listed need to
    be adjusted to todays standards. :eek:;)
     
  13. Rexster

    Rexster Member

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    Model 58 sixguns have become trendy lately in some circles, after being red-headed stepchildren for decades. I carried mine for several years as a duty sixgun, after it was sold off by San Antonio PD. I may carry it again someday, if I have it reconditioned, as it is a little loose and out of time from firing countless rounds.
     
  14. huntingguyMN

    huntingguyMN Member

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    Good advice on the Blue Book. Rexter, from what I hear, and you can probably attest - they would make an excellent carry sixgun. I think I'll end up buying it from him.

    It's not like I need another revolver, or gun for that matter, but it sounds like I'd be a fool not to.
     
  15. Rexster

    Rexster Member

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    Yes, indeed, an excellent carry sixgun. I carried mine on my own time as well as in the duty rig.
     
  16. ClarkEMyers

    ClarkEMyers Member

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    I carried one and I would love to have that one back - otherwise I'm happy with my replacement PC 657 short barrel from Lew Horton.

    No question that the Model 58 has a particular appeal and will bring a very good price across the country but is still a slow mover in local face to face sales - any pinned and recessed N frame in really good shape is sure to bring more this year than last. I can't predict next year.

    My gut is that the blue book figures quoted are good at the top - a NIB with tools and VPI paper would bring more than shown - but will fall off faster than shown as the condition declines - people who want a Model 58 specifically want a good one or not at all and sending a loose revolver back to S&W for rebuild and refinish isn't as much of a good idea by my lights these days as it once was.
     
  17. Colt46

    Colt46 Member

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    Might've been the perfect combat revolver

    Many things conspired to see it die a needless death. The police loading was about perfect for a defensive handgun.
    Most people thought it was too heavy to carry all day long. Others thougt that the magnum loads were too heavy for service use.
    I've still got a hankering to add one to my collection.
     
  18. Elm Creek Smith

    Elm Creek Smith Member

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    It's really not worth very much. Tell your friend that I'll do him a favor and swap him straight across for a Kahr K9 with three magazines.

    (Does anyone think he's buying this?)

    ECS
     
  19. huntingguyMN

    huntingguyMN Member

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    Elm,

    :neener: I'll let him know and get back to you :p
     
  20. Brian Williams

    Brian Williams Moderator Emeritus

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    here is a good example of PC vs square magnas
    regular top
    PC lower
    [​IMG]
     

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  21. Gordon

    Gordon Member

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    "PC" huh? I always wondered about that on Model 15s (K frame) and 28s and the NYST 520!
     
  22. Majic

    Majic Member

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    The Model 58 has become a cult status the last couple of years. Excellent condition specimens can bring $800 even without the box and papers.
     
  23. huntingguyMN

    huntingguyMN Member

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    Magic,

    Good to hear. Do you think they will continue to grow in value?
     
  24. Ala Dan

    Ala Dan Member in memoriam

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    Time Will Tell

    Yes, I would not be surprised to see them shoot past 1K; before all is said
    and done. The mahogany boxed, target sighted S&W model 57 .41 magnum
    might very well reach the $1500 mark, during the same time frame. My only
    problem with either, is the scarcity of ammunition. And, the cost of this
    ammo is already over $20 a box~! ;)
     
  25. huntingguyMN

    huntingguyMN Member

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    Good point. Never seems to go down!
     
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