Smith model 586 price check

[bikemutt]

For once I'm in the local pawnshop looking for something other than a handgun (sawzall) when one of the gun counter guys hails me over to show off a 586 no dash that goes on sale tomorrow.

For all intents it's flawless, passes the tests with flying colors and appears to have not been handled or shot much.

Anyway, I would have taken the bait right then and there since I have a lovely 686 no dash that's lonely. But they want $750 for it.

I paid $550 for my 686 but I realize now that was a super good deal.

I'm thinking more like $650 maximum, what do the experts think?

 

[Bush Pilot]

I purchased a mint 586 last fall for $400.00. It was a private sale and came with an extra set of grips. $650.00 seems steep to me.

 

[solidsnake]

Try arguing that S&W are bringing the 586 back with the Classic Line and that the price should be a bit lower to reflect that. I've seen 586's at gunshows in the 400-600 range. $650 doesn't sound too steep to me for great condition (judging by gunbroker), but it's ultimately your money. Do what feels right to you.

 

[Walkalong]

Great guns, but that's pricey, at least IMHO.

 

[ArchAngelCD]

I also agree the price sounds high, especially since S&W has re-released both the 4" and 6" M586 and they are available new. Full Retail price on the S&W site is $800 so $750 used is very high. (yes I know it's a no-lock original)

 

[msb45]

I'd do a little research with S&W to verify that there was no recall on the gun. The 686 had a little issue with some firing pins so S&W called a lot back to the factory. They stamped an "M" in the crane to signify the pistol was serviced. If this one has no marking it could be a reason to talk price break. S&W will take care of you and the gun is great. Mine still runs since the 80s with no sweat.

 

[Hondo 60]

$750 is too rich for my blood.
I'd probably go $600 for the condition as you describe, but that's even a bit high.

 

[bikemutt]

I'd do a little research with S&W to verify that there was no recall on the gun. The 686 had a little issue with some firing pins so S&W called a lot back to the factory. They stamped an "M" in the crane to signify the pistol was serviced. If this one has no marking it could be a reason to talk price break. S&W will take care of you and the gun is great. Mine still runs since the 80s with no sweat.

I'll call Smith this morning. The gun may have been one of the last no-dash models and likely made the year the recall started, also the year after no-dash ended, interesting.

 

[DickM]

$750 sounds a bit steep to me, even in mint condition. For comparison, I recently picked up a 4" 586 in excellent (not mint) condition for $550, which I thought was a good price, but not a steal by any means.

The recall affected all no-dash and -1 586/686/581/681 models. The problem involved material from the primer cup flowing back into the space between the firing pin and bushing with certain hot loads, preventing the cylinder from rotating. My understanding is that S&W will still correct the problem at no cost to the owner. The problem is real but rare, and it may not be worth bothering with for a range gun, but if the intended use is SD I'd definitely get the work done.

 

[bikemutt]

The recall affected all no-dash and -1 586/686/581/681 models.

What Smith & Wesson told me when I called about my 686 no-dash is that owing to it's year of manufacture being after the recall year, my gun was not subject to the recall.

If that's the case for a no-dash gun then I'm puzzled how it could affect -1 guns? Unless S&W continued making no-dash models once -1 production started?

 

[DickM]

If that's the case for a no-dash gun then I'm puzzled how it could affect -1 guns? Unless S&W continued making no-dash models once -1 production started?

I honestly don't know - I'm just passing along what's printed in the SCSW (3rd Edition, p. 271), which is pretty clear about it, indicating that the -2 models were introduced specifically because they incorporated the new hammer nose and bushing design. The book has contained some minor errors in the past, but there have been many discussions on this issue on virtually all of the gun forums and they've all been consistent about the recall affecting no dash and -1 models.

 

[bikemutt]

Geez, I must have talked to the wrong person at S&W when I asked them about my 686 no-dash; I got the straight scoop today.

DickM is correct. Any model n86 no-dash and n86 -1 guns that do not have an M stamped on the crane are subject to the recall. Smith will be sending me a call tag for my 686.

I will use this information to see if I can lever the seller of the 586

I find it fascinating that two different calls to the same company resulted in completely different information

 

[Bula]

I purchased a 686 no dash without recall work done, called S&W, and man they do it right. Overnighted a prepaid priority label, once gun was dropped AT theUPS station, had it back-clean and purdy-in about 8-9 days.

 

[codysguns]

You can check out this website to compare rices for the gun you are looking at. www.codysguns.com

 

[dewey]

I paid 500 for mine, Like New, in December. I DO think I got a good deal

 

[bikemutt]

I paid 500 for mine, Like New, in December. I DO think I got a good deal

You got me trumped: I did $550 for my unfired 686.

I went back and spoke with them today, the counter guy agrees with me but he's not the boss. I think they spend too much time on gunbroker.com where most guns have inflated asking prices IMO.

I won't pay more than $650 for that gun and unless a miracle happens I know they won't sell it for that. Ce la vie.