Armory, Self Defense, And EDC > Pistols and Handguns

Pistol resale value

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fritz_monroe:
I'm not a big gun guy, I do have a couple of weapons.

I'm looking at getting a revolver in .357.  I like revolvers mainly because they are gorgeous.  Much better looking than any semi-auto pistol.  I've always wanted a revolver.  I'm thinking of a Ruger GP100 or a S&W 686. There's about a $100 difference between comparable models of each of these.

Like many, I've been looking at the Colt Python for 30 years.  It's a gorgeous gun and some of them are selling for a small fortune.

That got me thinking about the resale value on handguns.  I'm not buying a revolver as an investment, but if I decide to sell it in a couple of years, I'd like to keep the most value.  I know each of these is pretty good, but does the Ruger or S&W hold value better than the other?

iam4liberty:
Here is some book value averages for comparable versions.  In either case if you bought at MSRP and kept in 100% finish (unshot) you would have gained a little value.  If you used it regularly, but kept it in good finish (95%), you would have lost a little value.

GP100 in Stainless
In 2006 MSRP was $580
In 2018 100% is $625 and 95% is $495

S&W MODEL 686 DISTINGUISHED COMBAT MAGNUM
In 2006 MSRP was $667
In 2018 100% is $725 and 95% is $600

The Colt Python is an entirely different matter.  Colt collectors are the most fanatical.  And you have heavy movie/TV tie ins so entertainment collectors are in play as well. And then you have shooter demand for a model with no current comprable being made.

In 2006 a common Colt Python in 100% was $950. 
In 2018 a ccommon Colt python in 100% is unlisted (sky's the limiit in auction), in 98% is $3,500, in 95% is $2650

Few other revolver brands will hold value as S&W, Ruger, and Colt.  These are the classic revolver brands with lots of attention and history. 

David in MN:
I can maybe speak to this as I run a 686 and my father in law uses the GP100. Nothing  wrong with either gun. Out of the box the 686 will have a better trigger and cleaner lines. But a GP100 can be cleaned up by a gunsmith to run better than an out of the box Smith.

All guns hold value. The Colt is a little weird because of collector value. But bear in mind if you intend to use it Colts "spin the wrong way" and open the cylinder with that bell. Training with S&W, Ruger, and Taurus all cross over. Colt doesn't. I might think the Python is beautiful but after 15 years of running a 686 it just doesn't work with my muscle memory.

Also bear in mind that these are frequently purpose built. I have a friend with a 6 shot 8" barrel 686 for hunting. I have a 7 shot 4" 686 for defense. I don't know the pricing differences but the build purpose is something to consider.

One last oddity... The handgun I own that has had the wildest swing in value is my H&K USP. Io don't think I paid more than $500 for it ~17ish years ago when I couldn't find my dream Beretta G2 Elite and since then I've been offered $1k for it. I love the  gun and won't sell (though I should have) but H&K is just one of those fetish companies. Weirdo Euro guns do the price dance more than most. And I shoot my M&P9 better so...

I guess my advice is to buy for your purpose. All the revolvers you like will hold value. But a "revolver" is many thigs to many people. Do you want a long barrel with a scope for hunting? Short barrel self defense gun? All purpose? If you asked me my favorite it would be a S&W 640 snub. My father in law would probably say the k frame .22 he shot bullseye with. My wife would say the 686. But if you said 686 vs. GP100 I'd take the 686 and he'd take the GP100. It's Ford and Chevy.

fritz_monroe:
Thanks for the replies. 

For the purpose, I just want to shoot it.  It would be mostly range use.  Possibly home protection, but I like my shotgun better for that.

I'm in Maryland, so there's little chance that I'll ever be able to get a carry permit.  I noticed that MD doesn't have a concealed carry permit, we have a "wear and carry" permit.  I'm pretty sure that this is because the politicians worry that the feds could pass a reciprocity law.  If that would happen, MD could claim that it is invalid because we don't have concealed carry at all.

iam4liberty:

--- Quote from: fritz_monroe on December 15, 2018, 11:08:59 AM ---Thanks for the replies. 

For the purpose, I just want to shoot it.  It would be mostly range use.  Possibly home protection, but I like my shotgun better for that.

I'm in Maryland, so there's little chance that I'll ever be able to get a carry permit.  I noticed that MD doesn't have a concealed carry permit, we have a "wear and carry" permit.  I'm pretty sure that this is because the politicians worry that the feds could pass a reciprocity law.  If that would happen, MD could claim that it is invalid because we don't have concealed carry at all.

--- End quote ---

The Maryland permit is treated as a CCW permit in reciprical states and the federal government.  it is recognized in over twenty other states. Only problem is you have to be beaten up to apply for it!  The way reciprocity works is that non-residents have to follow same rules as residents of that state. So if state only allows open carry with license for residents then non residents could only open carry.   Net, national reciprocity, if passed, would still be valid in Maryland just the type of carry would be limited so residents and non residents would be treated equally under the law.  Same as driver's licenses, marriage licenses, etc.

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