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Valuable 19-3 S&W on G.Broker

Discussion in 'Handguns: Revolvers' started by Old 112, May 1, 2009.

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  1. Old 112

    Old 112 Member

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    This ended earlier this evening.
    21/2" 19-3.
    Factory refinished... It looks excellent.

    $856.00 +$20.00 Shipping.

    Is this an aberration(sp), or
    is it a symptom?

    A curiousity anyway.

    Regards,
    Old 112
     
  2. savit260

    savit260 Member

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    I'd have to say the seller got "all the money, and then some" out of that sale.

    Way more than I would pay for a refinished M19.
     
  3. rcmodel

    rcmodel Member in memoriam

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    Check out what Model 29's are selling for lately on the auction sites!

    Makes my head spin!

    rc
     
  4. Phydeaux642

    Phydeaux642 Member

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    Well, that 4" original nickel m19 in the box that I bought last year for $300 ought to be a $1000 gun then.:D
     
  5. pogo2

    pogo2 Member

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    Aberration

    You asked if that is an aberration or a symptom. I'd say an aberration, as a refinished model 19 snubby shouldn't go for over $500, in my opinion. I bought two model 19 snubbies in late 2008, both in 98% condition, and the prices were $445 and $550.

    If the gun had enough use to require refinishing, some internals might be well worn. Beauty is only skin deep.
     
  6. loadedround

    loadedround Member

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    No way I'd pay that kind of money for a refinished Model 19. Someone really got burned on that one! :rolleyes:
     
  7. savit260

    savit260 Member

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    I'd lower that number to closer to $250.
     
  8. pogo2

    pogo2 Member

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    That would be a deal...

    Savit260 said:

    I'd buy them all day long for $250 each with a S&W factory refinish, which costs $190 standard or $235 deluxe:

    S&W gunsmithing services webpage

    I'm confident I could have a profitable side business reselling them for $400 to $500.
     
  9. krs

    krs Member

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    I'd say that the buyer did not pay too much but he paid a little too early.

    Next year at this time you'll wish you'd have grabbed it.

    Young whippersnappers don't know nothin'.....:)
     
  10. savit260

    savit260 Member

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    A refinish cuts the value in half IMO.

    Good non refinished S&W M19's can still be had for $400- $500. Even here in Ma. with our positivly insane gun laws, pre lock S&W's can be had for that kind of money.

    No way on earth I'd pay that same kind of money for a refinshed one.

    Doesn't matter to me if a factory refin costs $1000 dollars, or was done by Horace Smith and Daniel B. Wesson themselves, it still affects the value of the gun in a negative way over non refinished.

    About a month ago the shop down the street sold a couple of pre lock 66's for just a tick over $400.
     
  11. pogo2

    pogo2 Member

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    Market segments...

    You aren't the market. The market is the person that just paid $856 for a refinished model 19 on Gunbroker.
     
  12. Phydeaux642

    Phydeaux642 Member

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    God Bless him, but 'the market' seems to be a little misinformed. Hopefully he/she will enjoy the gun regardless and not be bummed when they realize the price that was paid was a little on the high side. And, if this is truly the way things are headed then my gun buying days are over and I will enjoy what I have.
     
  13. savit260

    savit260 Member

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    I'd have to say that $856 is more of a fluke than the actual market.

    As I stated before, localy, in gun depressed Ma. I've seen very recenly, pre lock S&W M 66's selling for about $400.

    My opinion is that the seller got EXTREEMLY lucky.

    In my area, where pre lock Smiths don't come easy (we don't have the option of bringing them in from out of state) , prices are not even close to that for non refins.
     
  14. wanderinwalker

    wanderinwalker Member

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    Apparently I live on the wrong side of the line! I see lots of used S&Ws going for $450 and up in NH. I remember one gunshow where a dealer had a whole case of used S&W, none under $540! :eek: And most of them were well used. (I honestly though he was a MA dealer with a NH front as well.)

    Anyway, $856 for a refinished 19 is a rip. Hopefully the buyer will enjoy it though. And I hope the day doesn't come where used S&Ws are all worth that kind of money. :scrutiny:
     
  15. savit260

    savit260 Member

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    Asking price or price from an actual sale?
    Was that gun show dealer actualy moving any of those Smiths at those prices?
     
  16. wanderinwalker

    wanderinwalker Member

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    To be fair, it didn't look like they moved any that day.

    And from what I know of the dealers I use, I suspect actual OTD prices are close to what they're asking, within $25-40. Granted, I did pick up a S&W M-19 (well worn but barely fired from the looks of it) for $329. But I also picked up an excellent condition M-18 .22LR for $500 the month before, and no budging, even with cash.
     
  17. devildog66

    devildog66 Member

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    Given that I just got a 95% 6" 586 for $440 I'd say that price for a M19 is a wee bit high. I grant that the short barrel is very desirable in these times so there is a premium added for that.
     
  18. MountainBear

    MountainBear Member

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    But you guys seem to be talking from the standpoint of a S&W collector (and you'd be right if the buyer is coming from that standpoint). But this guy obviously had reasons this gun was so valuable to him, reasons that we don't know, and are probably none of our business.

    Unfortunately, things are worth what people are willing to pay for them. So in this case, this Model 19 was worth $850. Any doubts? Go buy some ammo (if I find any right now, its inflated in price).

    I know and respect collectors. They are mostly smart people who know what they like and what they want. Occasionally, however, they forget that not everyone buy their particular favorite guns for their collectors value. And a factory refinish does not effect the shootability of the gun. This guy may have been able to find a better gun, but I think we'd all agree he at least got a nice, well-made revolver.

    Just my opinion.
     
  19. pred66

    pred66 Member

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    Gun Broker prices seem to run high on a lot of items,
    If you really want something and NOW you will pay for it.
    I saw a 2.5" blued one the other week at a gun show for 500, I passed on it,
    Then I found this one at a local shop for 400 OTD, I did NOT pass on it.
    19a.jpg
    Local shops usually yield the best prices in my opinion.
    If you want one, Save your pennies and keep an eye out, One will find you!
    Peter
     
  20. savit260

    savit260 Member

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    More likely scenario is two people, unaware (or maybe they were, who knows for certain) that HAD to have that gun, got into a bidding war that got out of control. This scenario is a sellers dream come true. IMO.

    I've seen this happen on auctions before, where people pay WAY over market price for an item that could be had (if they bothered to look around) for substantialy less.

    I can see getting in a bidding war on an item that is "rare" but M19's hardly classify as rare.

    I'm sure it's a fine shooter, but the price payed is WAY WAY over what the current market normaly brings.

    Why it went this high is anyones guess, but local selling prices don't support this type of price.


    People overpay for things all the time. Look at the crazy prices people pay to be the first on the block with a new to market item. Doesn't really make the item worth the inflated price.
     
  21. S&W-Keeper

    S&W-Keeper Member

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    Wow! I hope that the seller sleeps well. That's crazy.
     
  22. W Turner

    W Turner Member

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    If I was the seller I would be sleeping very well with an extra $850 under my pillow. This was an auction so the buyer knew exactly what he was paying.....;)

    Makes me feel pretty good about the 2 1/2" 19-3 I put on layaway a few weeks ago for $380 OTD.

    BTW- Mine has the absolute best action and tightest lockup/BC gap of any S&W revo I have ever seen. Some minor wear on the muzzle and somebody got the bright idea to fill in the lettering with yellow paint. Should clean up nicely though. :D

    W
     
  23. krs

    krs Member

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    What I don't get is why any of you care about that sale.

    People have money. So what? Some have enough that the price of things no longer matters to them.

    So one of them wanted a pistol like that and just bought one.
     
  24. savit260

    savit260 Member

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    I couldn't care less how much someone spends on something, but discussing wheather or not this sale price was a fluke or where the market really is at, is appropriate IMO.

    This sale is IMO, no different than if someone paid $30K for a garden variety 1976 Chevy pickup truck.

    No matter how you slice it, that's not where the market is at. Not when original 90%+ condition same/similar guns are typicaly selling for well under that price.

    That price was a fluke IMO.
     
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