Fair price to pay for an old Colt

yankee bob

July 03, 2005 05:31

Chance to purchase a Colt, 6" barrel,Ser.# 5004XX marked"Army Special" on barrel,Cal is 32-20,hard rubber grips in excellent condition. Some slight pitting on cylinder, slight turn ring. Other than that gun is in 95% condition. How much should I offer, and doe's it have any collector value? Any information would be appreciated. Thanks Bob

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  Xracer

  July 03, 2005 05:51

  The Colt Army Special was made from 1908 to 1927. Yours was made in 1924.
  
  Blue Book Value:
  
  98% - $675
  95% - $500
  90% - $400

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  rufe-snow

  July 03, 2005 07:15

  ANY amount of pitting is a turn off for collectors. Unless the firearm is super rare/desirable it has a very negative affect on demand/value.
  
  Even if your buying the Colt for yourself as a shooter? Keep in mind someday you might want to put it back on the market. The pitting will have a decided effect on it's resale value.
  
  From my own personal experience, cosmetics is second to demand in affecting the resale value of collector firearms.
  
  

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  rldowns3

  July 03, 2005 07:23

  If it has any pitting I'd call it closer to 75% - 85%
  
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  yankee bob

  July 03, 2005 09:48

  I had a dealer look at the gun and he rated it as a strong 90 to 95%, so I think I will try and offer the 90% price, will let you know how I make out. Thanks to all, Bob

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  Herschel

  July 03, 2005 11:57

  Yankee Bob, The .32-20 cartridges came in at least two loadings. One was/is loaded with a lead bullet and is intended for revolvers. The other was loaded with JSP bullets and was for use in rifles only. You may already be aware of this but just in case you plan to fire the revolver I thought you should know it.

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