smith and wesson model 27
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brownie0486
Member
XavierBreath,
I'm just wondering if it has the staying power in the marketplace at these prices.
Good question, no one can probably predict the future on these N frame Smiths, or the P+R revos of any flavor IMO.
What I can surmise is that it is very likely they'll rise further over time. They are not making them anymore [ some haven't been made for some time already ], the new smiths are over priced and no one really wants the PC locking models, there is a "culture" of Smith collectors out there putting everything they can find away, and they can't all be wrong betting on the future of these revos where skyward prices are going to go.
They've increased in value considerbly in just two years, and certain models are commanding some serious attention at the moment, like the 3.5" 27's. Some have climbed more than others, but no 90+ or better original vintage Smith has gone down in the last 5 years.
People are figuring out that they are getting scarcer to find all the time as people stick them away in the safes. It's supply and demand, and the supply is nowhere near what the demand is at the moment.
They bottom could fall out on these in a few years, but if the current smiths continue to command the pirce they do and go higher, I don't think the old world smiths will decline at the same time.
I don't think you would buy and hold for 3 years, but if you buy and hold for 5-7 years, or even 10 years, I think you stand a very good chance of making some serious profit on them, and they are paid for in cash and sold for cash, so it's net profit up front, unlike other investment vehicles.
10 years ago, you could pick up the N frames for a pittance, less than 200.00, very few wanted or were buying them. Thats not the case today obviously.
It could drop out, they could just cool off for a time, but the older smiths are getting serious attention, and it doesn't seem to be abating anytime soon. The babyboomers have money to burn, and are very nostalgic for what was created at the time they were born in the early to late 50's.
We might have 10 years of growth on these, until the boomers are retired, want to sell for the profit, and/or die off and they all start hitting the market within a few years.
I'm holding some to give to nephews, others to sell outright 10 years from now or thereabouts. I've not seen guns go down for a long time. Even if you make 10% a year average, in 10 years, you've made 150% on your money. The stock market has done 10% a year since the crash of 29, but as I get to retirement age, some of my investments are safe from major downturns. Just sorta diversifying the portfolio as it were. The guns are a hedge of sorts against the stockmarket.
Brownie
I'm just wondering if it has the staying power in the marketplace at these prices.
Good question, no one can probably predict the future on these N frame Smiths, or the P+R revos of any flavor IMO.
What I can surmise is that it is very likely they'll rise further over time. They are not making them anymore [ some haven't been made for some time already ], the new smiths are over priced and no one really wants the PC locking models, there is a "culture" of Smith collectors out there putting everything they can find away, and they can't all be wrong betting on the future of these revos where skyward prices are going to go.
They've increased in value considerbly in just two years, and certain models are commanding some serious attention at the moment, like the 3.5" 27's. Some have climbed more than others, but no 90+ or better original vintage Smith has gone down in the last 5 years.
People are figuring out that they are getting scarcer to find all the time as people stick them away in the safes. It's supply and demand, and the supply is nowhere near what the demand is at the moment.
They bottom could fall out on these in a few years, but if the current smiths continue to command the pirce they do and go higher, I don't think the old world smiths will decline at the same time.
I don't think you would buy and hold for 3 years, but if you buy and hold for 5-7 years, or even 10 years, I think you stand a very good chance of making some serious profit on them, and they are paid for in cash and sold for cash, so it's net profit up front, unlike other investment vehicles.
10 years ago, you could pick up the N frames for a pittance, less than 200.00, very few wanted or were buying them. Thats not the case today obviously.
It could drop out, they could just cool off for a time, but the older smiths are getting serious attention, and it doesn't seem to be abating anytime soon. The babyboomers have money to burn, and are very nostalgic for what was created at the time they were born in the early to late 50's.
We might have 10 years of growth on these, until the boomers are retired, want to sell for the profit, and/or die off and they all start hitting the market within a few years.
I'm holding some to give to nephews, others to sell outright 10 years from now or thereabouts. I've not seen guns go down for a long time. Even if you make 10% a year average, in 10 years, you've made 150% on your money. The stock market has done 10% a year since the crash of 29, but as I get to retirement age, some of my investments are safe from major downturns. Just sorta diversifying the portfolio as it were. The guns are a hedge of sorts against the stockmarket.
Brownie
Ala Dan
Member in memoriam
S&W model 27's are dry'in up in my neck of these ole' woods~! Grab it, while
you can.
you can.
22-rimfire
Member
I think there are quite a few collectors or serious accumulators who are buying pre-lock Smiths in excellent condition and parking them for the future. I only owned one Smith Model 57 for years because I shot it. Bought and sold other ones; you name it. Most of the speculative buying was done on Colts. Now, I'm buying nice clean pre-locks just because I view them as cash investment vehicles. I saw this developing about two years ago. The forum chit chat about preferring pre-locks add to the potential. The retail price on Smiths ultimately drive the used and collector market. That price is not getting any lower and I believe you will see normal run of the mill N-frames selling at a price slightly higher than new Smith N-frames. Some models will lag a bit like the Model 10 as there seem to be so many. There are a lot of people like me who have no problem paying an extra $50 or so on Model 17's just because we believe they are very desireable shooters and collector pieces.
Prices on Colts climbed steadily and are still climbing. Probably not at the rate they were last year, but that is more of an impression than something I have researched. I know that basic 4" blue 22 Diamondbacks (NIB) have been sitting at the $900 to $1200 range for some time now. Big spread, I know. If I bought one for $900, I wouldn't expect to turn it in a $300 profit. Bet I could make $100 though. Pythons are similar. I just was never a big Python fan. I will leave that to the Python guys. I prefer 22's. I only buy stuff I personally like a lot.
Prices on Colts climbed steadily and are still climbing. Probably not at the rate they were last year, but that is more of an impression than something I have researched. I know that basic 4" blue 22 Diamondbacks (NIB) have been sitting at the $900 to $1200 range for some time now. Big spread, I know. If I bought one for $900, I wouldn't expect to turn it in a $300 profit. Bet I could make $100 though. Pythons are similar. I just was never a big Python fan. I will leave that to the Python guys. I prefer 22's. I only buy stuff I personally like a lot.
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Texas Moon
Member
- Joined
- Dec 13, 2004
- Messages
- 483
Pre-lock S&W's are skyrocketing in valve. Especially N-frames and P&R'ed guns.
Five years ago you couldn't hardly give away a Model 27 now they are THE hot S&W gun. 3.5's are insane.
I'd grab that one if I were you.
You guys are correct. The S&W collectors are snapping up all the decent pre-lock guns and sticking them away.
A simple P&R'ed Model 19 that sells for $300 now will be worth $500+ in three years.
The shorter barrels are the ones everybody is after.
Five years ago you couldn't hardly give away a Model 27 now they are THE hot S&W gun. 3.5's are insane.
I'd grab that one if I were you.
You guys are correct. The S&W collectors are snapping up all the decent pre-lock guns and sticking them away.
A simple P&R'ed Model 19 that sells for $300 now will be worth $500+ in three years.
The shorter barrels are the ones everybody is after.
Gator
Member
Texas Moon, in my neck of the woods a simple P&R'd model 19 is already $500 and a 3" 19 even more
Texas Moon
Member
- Joined
- Dec 13, 2004
- Messages
- 483
Well there ya go!
wnycollector
Member
This thread has got me thinikin about $$$. I'm going to a gunshow this weekend. If I see a P&R N-frame for a reasonable price I will probably pick it up
asiparks
Member
well, if we're gonna make this a picture thread....
a 3 1/2" 27-2 and a 5 screw pre 27 neither with magnas just to annoy saxon pig..... The 27-2 cost me $400 about 2 years ago, the pre 27, rather a bit more, but it is in excellent condition with a nice set of cokes (probably not original to the gun, but hey, they're cokes ! )
Is the one you're looking at a 27-2 or 27-5 ?
If you want a revo for CCW, pick up something cheaper and smaller like a 19...
and here's a 6" 5 screw with cokes that I picked up at a good price, just because
a 3 1/2" 27-2 and a 5 screw pre 27 neither with magnas just to annoy saxon pig..... The 27-2 cost me $400 about 2 years ago, the pre 27, rather a bit more, but it is in excellent condition with a nice set of cokes (probably not original to the gun, but hey, they're cokes !
)Is the one you're looking at a 27-2 or 27-5 ?
If you want a revo for CCW, pick up something cheaper and smaller like a 19...
and here's a 6" 5 screw with cokes that I picked up at a good price, just because
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