resale value of a smith with a police logo on it
I found a new semi auto smith with a police department logo on it. How does having the logo on it effect resale price should I ever decide to sell it?
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I have found it depends upon:
1) the model/revision of the gun
2) the police dept
3) condition of the gun & accessories
4) quantity in circulation
5) luck
In other words, there's no standard.
Neal
EDIT: CP is correct. In the case of your gun, it would depend upon the 6 digit product code printed on the box label.
EDIT: It could be a "police trade-in" & still be "NIB". Sometimes a PD will buy a batch of guns, & never issue some (or all) of them before deciding to switch to another model. Or, it could be an overrun; S&W always makes a few extra guns for LE/export special orders, just in case they are needed. After a year or two, they sell the overrun guns to a distributor at a greatly discounted price. PD marked guns, especially older revolvers, may be worth more if they have a special revision number, or a desirable feature not available on the standard model.0 -
Usually lowers the value.
CP0 -
its a new 4003TSW smith with atlanta police on it 0 -
quote:Originally posted by MKW
its a new 4003TSW smith with atlanta police on it
That would lower its value. It is a police trade in, so who knows how many rounds are thru it. Its in 40 S&W, while popular, many PD's and LE are going away from it in favor of the 45. Lastly, S&W does not make those 3 generations DA/SA auto's anymore. Unless it is in NIB condition, you are not getting a deal.
Best0 -
yes its new unfired, unused stock. I think 669 is the price. 0 -
quote:Originally posted by MKW
yes its new unfired, unused stock. I think 669 is the price.
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$669 is way high.
CP0 -
Specially marked guns may generally be worth less, but they can bring a premium if you find a buyer with a special interest in the marking.
If I had an agency marked gun that's no longer issued - especially if it were unfired/NIB - I'd advertise it through that agency's association.0 -
Thanks for the input, I will pass on it and just look for a good used one 0 -
I wouldn't buy one. BT 0 -
Avoid the S&W third gen autos! 0
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