Fair Market Price--S&W Model 10-5

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I am looking at possibly selling a S&W Model 10-5, 2" pinned-barrel, .38 Special. I believe it was manufactured in about 1993. It has had about 30 rounds put through it. The gun is in 99% condition. Actually, I say that because it has been fired. But, if you are looking at it after being oiled and wiped down, it looks like it has never been handled.

What would be a fair market price for this gun.
 
I would estimate a fair price at $400 +/- $25.

Sounds like a nice piece. Today's market has an excellent condition 10 or pre-10 worth $300 or $325. The 2" RB variants get a premium over that of at least $50 to $75. Markets vary, too. I hear Xavier and some other LA people mention that prices are somewhat softer down there, and it matters how/where you sell - pawn shop, local classifieds, Gunbroker, etc.
 
Its whatever the market will bear. Might get a better deal if you use it as trade fodder.
Fair market to me would be $400.
 
I would estimate a 2-inch M10-5 would be worth about $300-$350 here in northern Alabama if sold to a private individual. A dealer or pawn broker is likely to offer only $200 for it.

I came up with this number because I bought a four-inch 10-5 locally for $250 back in March. The one I bought does have an imperfect finish, mostly freckling due to improper storage, but these guns are shooters, not collector pieces.
 
They quit pinning them in 1977 I think.

A round-butt snubbie does command a premium price, but I'm not sure how much.

The 4" guns are common; they were once found in many police and security guard holsters. I paid $300 for mine around March, but it doesn't have any freckling. It has some holster wear.

But this sounds like a pristine gun, and a snubbie. Whole different ballgame.
 
10-5s were made from 1962 to 1977, when the gas ring was moved from the yoke to the cylinder and the designation was changed to 10-7. (The 10-6 was the heavy barrel version of the 10-5, manufactured during the same period, and becoming the 10-8 at the same time and for the same reason). The pinned barrel was eliminated on all S&W revolvers in 1982, so all 10-5s would have been pinned.
 
But this sounds like a pristine gun, and a snubbie. Whole different ballgame.
For a collector, yes. For a shooter, not so much. Used S&W revolver prices around here are really depressed as there do not seem to be many collectors. Prices in Atlanta were much higher.
 
Same here in AZ. Used S&W snubbies are $400+. Longer barreled Model 10s or 19s are sometimes a bit less. New ones are $750-800.
 
Double checked

I was concerned I had misread the model number on the gun. But, yes, it is a 10-5. And, it has the pin just above where the barrel enters the frame. I believe it would be termed a square-butt grip. Only the edges of the grip are slightly rounded.

I did contact the guy that had it before me. I misunderstood what he had said. He found the gun in a small-time gun shop. It had sat, brand-new, for many years before he bought it in 1993. At which point, he shot it two cylinders worth and then put it in his cabinet until he sold it to me in 2007.
 
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A guy in Seattle just dumped several hundred security company trade-in 4" Model 10s (-5 and -6 mostly) on the market for $140/each, delivered. These have lots of finish wear, but great mechanics. The one I got (just back from the range with it!) has worn bluing from lots of holster use, but locked up just like new.

Probably doesn't hurt the OP too much since his is a 2" in pristine condition, but it may cause a short-term dip in the market.
 
Round-butt

ArmedBear, thank you for the photos. It helped. According to the photos my model 10-5 is a round-butt gun. So, that along with being a snub and in its overall condition is a good thing?
 
S&W switched to (at least mostly) all round butts at some point, and put squared-off grips on some, rounded grips on others.

But when the 10-5 was made, only factory snubbies had round butts. Most 10-5s, like mine, a 4" cop gun, had square butts.

The K-frame snubbies are much rarer. I still don't know the value of that specific gun, though. Sorry.:)
 
Seabee: How do I get in touch with this guy in Seattle? Obviously I want one of the 4 inchers.

We were discussing this last week in a thread - I think LandPimp brought it up. The place is called "Jer's Guns" in Shoreline (north of Seattle a little bit - a suburb). I don't have the contact info. Search for the thread, someone did post it. No website so you need to find the phone number. Word was they were currently out but getting more in eventually.

S&W switched to (at least mostly) all round butts at some point,

1994. A generally all-around bad year for guns IMHO. :(

Southern Shooter: here's the difference between round and square. I think all the 2" 10s were round butt; there were 2" 15 and pre-10s that were square butt, but I think all 2" 10s were round (could be wrong, of course). As ArmedBear said, you can put "round-to-square" conversions on a round butt and make it feel like a square grip, but it's still a smaller grip frame underneath.

k_l_frame.jpg
 
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Seabee, thanks for the info.

Oro: The square butt frame has smooth interior lines, but the round butt interior lines have a bulge on each side. Any idea why that is?
 
five years ago i bought a 1950s LNIB 6" S&W M&P 38spl in original gold box for $280- lately they have been bringing 5 or 600 bucks on GB

used to find good 4" pinned heavy barrels on GB for 180- now they are closer to 280/300

people are beginning to appreciate the quality of older Smiths... take a look there and watch what ones like yours are doing price wise over a few weeks
 
I would put it on Gunbroker. It is a collector grade revolver. Do you have the original box and papers? If so, i could see it bringing $700 plus, $550 plus with out. It does not cost much to list a gun, put a reserve on it that you can live with and hope for a bidding war.
 
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