smith-wesson 10-5 good buy??

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gunslinger15

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Should I buy a smith-wesson 10-5 for $400? It has original box, 4in tapered barrel, good blue finish (no holster wear) and grips are mint too. 38 spl
Coments?

Thanks,
Gunslinger15
 
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Yes, $319 is indeed "a bit steep" and I would have bought the gun you bought in a heartbeat at that price. It's really neat.
 
....

400 is not high at all around here for a mint one, decent ones go for 350:( , I got mine for 220 though(it was not mint.... it has seen better days)
 
Old Smith prices can vary wildly from one region of the country to the next. Whether $400 is fair will depend on two things, if this revolver is unfired, and what part of the country you are in.

In North Louisiana, it would never sell at that price. Never. I really can't believe $400 is a good price anywhere else unless the revolver is unfired and in a severely Smith & Wesson deficient area. As a point of reference, it would sell for $250-300 here if the buyer was motivated.

It's not that the guns aren't worth the money. They are very nice firearms. It's just that there are so many to chose from.
 
I gave $265 for one in about the same shape minus box up in MT a few months ago, and that was probably top dollar there. $400 will buy an awfully nice Model 19 up there and leave enough for a decent dinner to boot.

They are good old guns (make that great old guns) but hardly rare or liable to become so.
 
Didnt buy the gun

I ended up not buying the gun. I couldnt justify spending $400 on it when I can go buy one for $200. It was at an estate sale and the guy obviously had no clue how to price handguns. I'll keep looking for one though.

Thanks for input
- Gunslinger15
 
It was at an estate sale and the guy obviously had no clue how to price handguns.
You might want to give him your name and number and tell him you will give him $200 or whatever you feel is fair. When it does not sell, he may be forced to take it to a pawn shop or gun store where he will be offered $100. After that, he will take your money.............;)
 
Xavier nails it. Estate sales have their own 'logic'. The folks running the estate sale put high prices on everything, and some of it sells the first day at the high price so they're not interested in fielding a lowball offer on day one. But after their sale ends, all of Grampa's junk goes to Goodwill or the pawnshop. One quarter of something is a whole lot better than all of nothin'.

I watch the papers for estate sales and try to hit 2 or 3 promising locations on a Sunday (usually the final day of the sales around here) I carry a tablet with several pages pre-printed with my name, hotmail email account and a daytime phone #. Most estate sales have tags on everything, just print out the tagnumber on the item(s) you're interested in, put in the description (serial number if you like) and write in your offered price. I write 'firm offer until (date about 2 or 3 days from now) on the sheet. I leave the offer sheet with the cashier, and say 'if you don't sell these items by the date I've listed, here's my firm cash offer'. The cashier isn't part of the 'grieving family', they're part of the estate sale team and won't be insulted by a low offer. After all, you're doing exactly what a lot of antique dealers do. You may not hear from them, but it's surprising how often I get a call doing it this way.

By the way, if you start attending a lot of estate sales, always check for old hand tools. I've picked up sets of chisels, files, shovels, axes, pliers, hammers, handsaws for next to nothing, and the metal is usually much better quality than the el-cheapo imported stuff at most home centers today.
 
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