Python Prices on the Rise?

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Colt

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I've been in the market for a Python for a about 6 months. I've seen about a dozen in the local shops.

When I first started looking, it seemed a 98% or better 4" blued was going for about $850. I saw a "NIB" over the summer for $1,150, with a few handling marks, but no wear.

Now prices seem to be climbing. Just yesterday I came across another NIB, ~1978, 4" blue priced at $1,400. It was absolutely perfect, with all the paperwork and box.

Are prices going up, or are these local guys over-pricing their goods? I'm just wondering if I should be jumping on these, or continuing to wait for better deals.

Any input appreciated.
 
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I am no expert, but it seems to me the longer a firearm has been out of production the higher the price will be. This especially holds true for those in excellent condition as the condition naturally can degrade over time. If I was in the market I would buy sooner rather than later, simply because they are not going to making anymore, to effect the supply and demand curve.

My $0.02
 
I have been watching this market for a year and an early 70's 6"inch blue in the older red/brown cardboard box that I thought I overpaid for last novenber at 1050 would easily sell today for 1400. Nice box and papers is a 150 dollar premium over one without it. Nice wooden grips are 100 to 150. Do not buy one without a colt grip. the rubber ones are not as desirable. Start with 2 1/2 and 6 inch blues and a 4" nickel. Try not to buy anything manufactured after 1985. LNIB with papers etc at any barrel length is a steal lately at 1300, fairly priced at 14-1500 and many are paying much more for excellent ones. If you like one look for the best you can get, savor it and you will not loose money. Let me know if I could be of more help.
 
I've been looking too

And I have noticed the same. It is just a matter of supply and demand. The supply is fixed (actually deminishing) and the demand is growing, so the price is going to rise. I hate econimics sometimes.
 
I paid $565 for my 6" SS python with a 4X leupold back when gas cost $.68 gal. About 3X price now for both.
 
Thanks for the feedback.

I'm having trouble dating one of the pythons I came across.

Serial number PY83xx.

Any ideas? It doesn't seem to fit any of the lists I've been able to find online.
 
Colt python

I bought a 3" colt python a short time ago, and paid over 2500.00 for it NIB with all the paperwork, and documation from Colt.. I know I paid alot but as scarse as they are, were are you going to find one.

Tolly
 
Can you believe I only paid $350 for this 1970s Python. It's pristine. Bought it from my next door neighbor who needed the funds. This was about ten years ago.
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If I ever end up in the states (which would be nice, but would mean leaving my folks) I'd have to obtain a few items for my firearms wish-list.

A Python is one of them. Mind you, by the time I was there, they would probably be worth their weight in gold. :what:
 
Colt:
PY83xx was made after the published serial number info ends in 1985.

To get a date, just call Colt during normal business hours and they will give you a production date over the phone.

As for Python pricing:
EVERYTHING goes up in price.
Top end items go up faster. Price an older Ferrari, a Holland & Holland double gun, or a First Generation Colt Single Action.

The Python was a semi-custom, hand assembled, fitted, tuned, and polished gun, with the finest blue job ever put on a production revolver.
There are no more, and according to Colt, never will be again.

Prices are skyrocketing, and I think they always will.
 
Well sure ALL Colts are and Pythons are premium guns. The one I told you about on recent Python thread last 2 days at $650:banghead:
 
Price tags aside, guns, like cars, are only worth what someone is willing to pay for them.
As long as people keep paying these prices the sellers will keep pricing them there or more.
 
I thought I got a deal last month when I found this blue Python at $750 :D

P1020622.jpg

Oh, best I can determine, she was born in '69 ;)
 
I would not pay alot for a Python. I had a couple over the years and they are a fine example of a pistol, but they have problems.
There were several problems, with timing being one, they get out of time more so than any revolver I have ever seen.
Another problem was locking up. Any dirt or powder getting in the moving parts, and the pistol would lock up. That is why I no longer own one. Never want another one. I think that why so many people want one is the fact that they are hard to get right now.
And about prices going up, they are worth what someone will pay.
I see alot at local gun shows just sitting there for sale. Several sellers have been dragging the same ones around for a long time.
I believe that I heard this comment before, "You cannot lose putting your money in real estate, the market will never drop". Everything has it's end, including Colts.
 
"You cannot lose putting your money in real estate, the market will never drop". Everything has it's end, including Colts.
Click to expand...

What hole are you living in ?
Have you seen the current market ?????

Jeff (GUNKWAZY) & Realtor in AZ

pythonx6.jpg

Stick with the Colt's
 
Python prices will continue to rise. The Python will be the SAA of the 21st Century, as far as collector prices go.

I'm glad I bought one when I did.

Cromlech, don't worry about the future price of Pythons. The S&W Model 27 is a better gun, IMO, and they are half the price of Pythons.
 
1 of 1000 colt .45

Can anyone out here tell me the history of the Custom Government Colt .45 1 of 1000 with the 5" barrel, and its priice if possible.

Tolly
 
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