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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.
 

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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 :)
 

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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.
 

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

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Discussion Starter #8
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
 

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Discussion Starter #10
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.
 

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Kentucky94 said:
Every where I have checked only about 250 were made
You know what they only made 250? Because nobody wanted them :p ill give you $300 for it ;)
 

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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.
 

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This is a python target.
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.
 
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