[ARCHIVED THREAD] - Colt Python Value - Update Pg. 2 (Page 2 of 2)
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He will not budge from the $1,000 price. I am still undecided if I want to spend that much or not.  Send the owner's contact information to me. I'm a pretty good negotiator. Sir, WADR we both know 1K is an excellent price for the piece. I've had a 6" Nickel version that I bought NIB for $325 back in the '70s. It came with the wood grips and I changed them with the Pachmeyer rubber grips after a few years. That pistol now has faux ivory grips but I still have all the originals. I've been offered $1400 for the gun but I still have it. I also bought a 4" blue python on gunbroker in Jan. for just over 1K, I was the very lucky bidder. If you watch gunbroker very long you'll find the average price for these pistols is closer to 1.5K and some variations go much much higher. 7zero1 out. |
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OP, you have people with a combined couple of centuries knowledge telling you that the price is reasonable based on the market nowadays. And I don't foresee a drop in their values in the years ahead, they were built in the "old School" fashion and that age has passed and is not coming back. What is out there is all there will be. If Colt ever does make another Python, it will not be built in the same manner.
If you liken them as to as USGI 1911 or A1, understand where the market is on those today. Those are always in high demand just like the Python is and will be. They tend to attract people with money who want something "finer" or not run of the mill to buy and keep. Buy it, if you don't like it, you will always be able to sell it for more then you paid for if you decide to sell it as long as you take care of it. |
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He will not budge from the $1,000 price. I am still undecided if I want to spend that much or not. Send the owner's contact information to me. I'm a pretty good negotiator. Sir, WADR we both know 1K is an excellent price for the piece. I've had a 6" Nickel version that I bought NIB for $325 back in the '70s. It came with the wood grips and I changed them with the Pachmeyer rubber grips after a few years. That pistol now has faux ivory grips but I still have all the originals. I've been offered $1400 for the gun but I still have it. I also bought a 4" blue python on gunbroker in Jan. for just over 1K, I was the very lucky bidder. If you watch gunbroker very long you'll find the average price for these pistols is closer to 1.5K and some variations go much much higher. 7zero1 out. That went right over your head. If I get the seller's information, I'm going to send him a check as quickly as possible. |
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Quoted: Quoted: He will not budge from the $1,000 price. I am still undecided if I want to spend that much or not. Then you don't really want a Python, because that's what they cost. Listen to Painless. If you don't want to buy it, direct him to the EE so we can get a shot at it. |
| Pythons are top of the line in the 357 world ( I dont mean to piss of the S&W people). $1000 for that pistol is not a bad deal at all. I found mine about 3 years ago. It's a 1978 model(wood grips) in the original box and un fired (as I was told). I got it for $1200 and was happy to find it. |
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He will not budge from the $1,000 price. I am still undecided if I want to spend that much or not. Send the owner's contact information to me. I'm a pretty good negotiator. Sir, WADR we both know 1K is an excellent price for the piece. I've had a 6" Nickel version that I bought NIB for $325 back in the '70s. It came with the wood grips and I changed them with the Pachmeyer rubber grips after a few years. That pistol now has faux ivory grips but I still have all the originals. I've been offered $1400 for the gun but I still have it. I also bought a 4" blue python on gunbroker in Jan. for just over 1K, I was the very lucky bidder. If you watch gunbroker very long you'll find the average price for these pistols is closer to 1.5K and some variations go much much higher. 7zero1 out. That went right over your head. If I get the seller's information, I'm going to send him a check as quickly as possible. Sir, you're correct! My bad! 7zero1 out. |
| i have a mint 6'' nickel python that i paid $1100 for a few years ago. i recently thought about selling it, and looked up prices on the internet,, they are high. i don't want to fool with UPS air shipment, so if i find someone in state i might sell it for my money back. that is the dig, selling a handgun out of state, and it has to go to an FFL. although, it is not hurting anything laying in my safe, and they are not getting any cheaper. |
[table] Grading 100% 98% 95% 90% 80% 70% 60% $1,350 $1,200 $1,100 $675 $600 $500 $395 [table] Last MSR was $815. Add 20% for NIB condition. Add 50% for 3 in. barrel with factory letter. Beware of loose 3 in. barrel models sold by GPC and others during the 1990s. The standard Python was manufactured 1955-1996, and 1997-recent production is through the Colt Custom Shop by special order only (see Python Elite listing). During 2001-2002, Colt shipped some Pythons to dealers with prices in $1,100 - $1,200 retail range. These guns had a slightly different (rougher) line checkering pattern on the cylinder release and hammer parts. There were also a few Pythons mfg. in .256 Win. Mag. (circa 1961), .41 Mag., and .44 Spl. cals. While the .22 LR and the .22 WMR (.22 Mag.) were advertised in earlier factory catalogs, they were never mass-produced - only a few prototypes exist. At least one known example of a .22 cal. Python was found at an auction, but it had only a special factory barrel sleeve for photographic purposes, and was not a shootable gun. The amount of premium on these cals. depends on how serious (and deep-pocketed) the Python collector is. A California distributor special ordered a quantity of the first 3 in. barreled Pythons, which at the time were not available. Colt probably utilized made-up 8 in. guns and either had them modified or re-barreled, with special marking. These guns are an unusual variant (sometimes referred to as a Combat Python), and are priced similarly to later factory 3 in. barrel Pythons. </table]></table]> |
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I would also like ad that Colt also mfg'red a Python Target, chambered for 38spl. Probably one of the accurate 38spl revolvers. Practically had built, like all Pythons. My is 8" nickeled, actually it is my son's. I gave it to him for his 21st birthday.
$1,350$1,200$1,100$675$600$500$395[table]Last MSR was $815.Add 20% for NIB condition. Add 50% for 3 in. barrel with factory letter. Beware of loose 3 in. barrel models sold by GPC and others during the 1990s.The standard Python was manufactured 1955-1996, and 1997-recent production is through the Colt Custom Shop by special order only (see Python Elite listing). During 2001-2002, Colt shipped some Pythons to dealers with prices in $1,100 - $1,200 retail range. These guns had a slightly different (rougher) line checkering pattern on the cylinder release and hammer parts. There were also a few Pythons mfg. in .256 Win. Mag. (circa 1961), .41 Mag., and .44 Spl. cals. While the .22 LR and the .22 WMR (.22 Mag.) were advertised in earlier factory catalogs, they were never mass-produced - only a few prototypes exist. At least one known example of a .22 cal. Python was found at an auction, but it had only a special factory barrel sleeve for photographic purposes, and was not a shootable gun. The amount of premium on these cals. depends on how serious (and deep-pocketed) the Python collector is. A California distributor special ordered a quantity of the first 3 in. barreled Pythons, which at the time were not available. Colt probably utilized made-up 8 in. guns and either had them modified or re-barreled, with special marking. These guns are an unusual variant (sometimes referred to as a Combat Python), and are priced similarly to later factory 3 in. barrel Pythons. </table]></table]> |
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Decided to buy it. Got it for a little bit lower then asking price. Picking it up Friday evening. I will post some pics when I get it. Congratulations. You got one helluva deal on the "Holy Grail' of revolvers. 
ETA This is my 1978 Python in new condition. It's wearing the original wooden stocks now. I wouldn't take $2,000.00 for it. 
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Quoted: Decided to buy it. Got it for a little bit lower then asking price. Picking it up Friday evening. I will post some pics when I get it. Good move. If you haven't notice the many propositions for the sellers info should have clued you in. Even from an investment point of view, where else can you flip it for a 50% return on investment. |
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I suck at taking photos, but I did promise them. The other revolver is a Colt Police Positive my father owns. He really likes the Python. I may give it to him as a present. The Python is in great shape. I checked everything out before I bought it. I may take her to the range tomorrow.           |
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Congrats to the OP. Beautiful revolver, and in my view one that will increase in value over time.
In an earlier post on this thread I mentioned that I bought mine in 1980. I found the receipt - I paid 250 USD. Today that would be $685.44 - not bad, a good investment, given todays market value. In 1982 I turned down an offer by a co-worker going thru a divorce to buy his 6 inch nickel plated for 150 USD. Don’t sell it I told him. You will regret it. Mike |
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Decided to buy it. Got it for a little bit lower then asking price. Picking it up Friday evening. I will post some pics when I get it. Congratulations. You got one helluva deal on the "Holy Grail' of revolvers.
ETA This is my 1978 Python in new condition. It's wearing the original wooden stocks now. I wouldn't take $2,000.00 for it. http://i377.photobucket.com/albums/oo220/cashbailey_photos/DSCN0314.jpg  
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The Python is indeed the generally accepted holy grail of mass produced revolvers. However, why is this? Is it rarity, beauty, function? Several people in this thread have mentioned that they can go out of time, if not already out of time and in need of repair. I understand that rarity and beauty are big factors, but is there a legitimate reliabilty issue that simply doesn't detract from the lure? Especially compared to the more pedestrian, but very reliable 686? |
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Enjoy it!
When I was an armorer years ago, I had a customer come in with a 6" Python. The cylinder was locked up. Turns out that his daughter was shooting it with some reloads that her ex-husband had made, and they were so under powered, that the first round never left the barrel. A 6" barrel completely loaded with lead rounds. I ended up using a rubber mallet to get the cylinder open. I didn't damage the cylinder. Luckily, all the rounds were unjacketed rounds. Had to send it to Colt. They replaced the barrel with a new one, destroying any value the gun had.. |
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Quoted: The Python is indeed the generally accepted holy grail of mass produced revolvers. However, why is this? Is it rarity, beauty, function? Several people in this thread have mentioned that they can go out of time, if not already out of time and in need of repair. I understand that rarity and beauty are big factors, but is there a legitimate reliabilty issue that simply doesn't detract from the lure? Especially compared to the more pedestrian, but very reliable 686? I own and shoot my 686 more. Still didn't stop me from buying a Python. I can pick up a 686 any day of the week, at a pretty consistent price. Pythons on the other hand are doing nothing but climbing in price. I like wheel guns, and like owning such a fine example of craftsmanship. |