python value

Discussion in 'Revolver Handguns' started by Kentucky94, Jan 27, 2013.

  1. Kentucky94

    Kentucky94 New Member

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    Gun was passed down through the family and landed with me never seen another one. Its a colt python .38 special, nickle plated with pearl handles and I have every original paper and box

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  2. bluez

    bluez Well-Known Member

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    The .357 Magnums are what everyone wants and that go from 1000-2500 depending on condtion.
    But 38 spc ?
    maybe grand if in perfect condtions because its a python?
    Thats what I would pay as a wheelgun aficionado.
     

  3. Kentucky94

    Kentucky94 New Member

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    Every where I have checked only about 250 were made
     
  4. bluez

    bluez Well-Known Member

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    That may drive the value up as a novelty.
    For me even as a wheel gun aficionado who was thinking of paying 1500 for a python once would not pay more than 1k for a 38 spc one no matter how rare.

    But thats just me :)
     
  5. Kentucky94

    Kentucky94 New Member

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    Thanks for the input and I have some more ponies I would like to know the value of they are SAA .44 special also have all papers and boxes.

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  6. Olympus

    Olympus New Member

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    I understand what bluez is saying, but in this particular case it could not be further from the truth. THAT IS NO NOVELTY. You have a truly rare collector piece. One of only 251 made. There is a premium for the nickel finish and also for having the original box and paperwork. Anybody that tells you that your gun isn't worth any more than a .357 model, they have no idea what they are talking about. There are a lot of Colt collectors that would give their right arm for that gun. Do not shoot it! Contact Colt and get a history letter on that gun to include in your original box as verification.

    As to value, it's hard to say because all Pythons are bringing crazy money. As a ballpark, Blue Book says $1600 for the gun, add 50% for nickel finish so that's an additional $800, plus another $100 or so for the original box and paperwork. So you're looking at essentially $2500 to the right collector. Then add another 20% if its unfired.

    Sorry bluez, but I'm a Python collector and I keep up with these things. A $1000 Python these days would be a well-worn sbooter with no box.
     
    Last edited: Jan 27, 2013
  7. Olympus

    Olympus New Member

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    Need to know the serial numbers first in order to determine if you've got a 1st, 2nd, or 3rd Generation SAA.
     
  8. Kentucky94

    Kentucky94 New Member

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    All have been shot it was before I got them but they was not abused now they are family guns that I will never part with. I believe the SAA's are third gen
     
  9. DrumJunkie

    DrumJunkie New Member

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    Low post count and looking for values on family guns. This thread makes me sad...
     
  10. Kentucky94

    Kentucky94 New Member

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    New to the forum and just wanted to know. Family guns are not valued in my eyes they are sacred, never to be sold just passed down.
     
  11. Olympus

    Olympus New Member

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    Still not enough info to look them up. What do the boxes say as far as model?
     
  12. Kentucky94

    Kentucky94 New Member

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    Ill have to get back to you.on that im on campus and the boxes are two hours away.
     
  13. Kentucky94

    Kentucky94 New Member

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  14. Olympus

    Olympus New Member

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    Can't find that in my book. You might try the Colt forum. Those guys are a huge wealth of information.
     
  15. TheSadPanda

    TheSadPanda New Member

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    You know what they only made 250? Because nobody wanted them :p ill give you $300 for it ;)
     
  16. Olympus

    Olympus New Member

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    Actually it was 251. ;)
     
  17. Overkill0084

    Overkill0084 Active Member

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    An 8", nickel plated Python in .38 special. That's a rare beast.
    I'm curious, what year is it? Does it have anything extra roll marked on the barrel? I know that 8" barrels are fairly uncommon and I have seen them marked "Hunter" and "Silhouette." Mine was refitted with a"silhouette" barrel in the mid to late 80s by my late father. I seem to recall that there was a "Python Target" (or something like that) at some point, in .38 spec only, though I can't recall whether they were available with the 8" barrel.
     
    Last edited: Jan 28, 2013
  18. Kentucky94

    Kentucky94 New Member

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    This is a python target.
     
  19. Overkill0084

    Overkill0084 Active Member

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    It's a rare variation (Target + Nickel Plating) of a relatively uncommon revolver.
    Olympus' $2500 +20% sounds pretty solid to me. I'm no expert, however.
    IMHO, hang on to it. It will continue to go up in value. Good Pythons are a solid investment. Yours is a standout among a special group.
     
  20. Kentucky94

    Kentucky94 New Member

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    The gun was gave to me by my great uncle it will stay with me until I have a son to pass it on to.