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[ARCHIVED THREAD] - Colt Python (Page 1 of 2)

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6/25/2016 10:57:34 PM EDT
I recently acquired a 1980 Colt python
Unfired

Box tattered

No drag line on the cylinder

2 1/2" Barrel royal blue

99%

(it cannot be 100 because the box is fubar)

Anyway I was asking about the value here and of some friends

A good friend told me to take to local dealer who is tops on Colt Pythons

I saw the guy today

He didn't know I was in the firearms business and starts telling me the box is shot and it's worth more with the box in great shape.

I agree with him

He looks up and says "it's worth about $800.00  

I laughed , I really thought he was kidding

I said I was not there to sell it but that I wanted to know the value

He said that was about it, he'd give me $700.00 because he had to have room to make at least a $100  




I pointed to an almost 100% spot on match he had in the display case that was $3995.00 and no box.

No shit he turned bright fucking red in the face, I also knew his Gunbroker screen name and pulled up the same Python he had a buy now of $4K




He walked away and started talking to the other guy who came back to me and said the boss said thats the best we can do and have a good day.




Gun dealers like that give FFL's a bad fucking name

What the dealer was was actually criminal

He was asked the value and lied to get the gun for 25% of it's value

That is fraud    
6/25/2016 11:03:04 PM EDT
[#1]
He's not your friend.

He's there to make money..

And third, a sucker is born every minute..

Fourthly, if you want those kind of deals, hang out at front of the gun shop..

Your kinda Slo if you take an u fired python into a bread and butter gun shop to ask the value.
6/25/2016 11:03:16 PM EDT
[#2]
unethical, yes.  fraud, no.
6/25/2016 11:06:57 PM EDT
[#3]

Quote History
Quoted:


He's not your friend.



He's there to make money..



And third, a sucker is born every minute..



Fourthly, if you want those kind of deals, hang out at front of the gun shop..



Your kinda Slo if you take an u fired python into a bread and butter gun shop to ask the value.
View Quote
Reading is for suckers huh?

 
The guy behind the counter is not my friend, my buddy said the guy was a python expert

The forest answer above this one answers all your comments




I only went to see the guy because he was supposed be a Colt Expert
6/25/2016 11:07:17 PM EDT
[#4]
I'll give you $701 for it.
6/25/2016 11:08:28 PM EDT
[#5]



It's almost like you've never been to a gun store before.





eta I was at a show a while back.  Looking at used Colt 1911's when a guy walks up with a box wrapped in a rag.  Guy has a Colt Ace conversion complete in NIB condition with the box.  Guy wants to sell it.  I wanted so bad to offer cash but didn't want to shit on the deal.  Guy got a whopping $100.00.  wow.  As soon as he left I immediately offered to buy it from the dealer.  $500.00.  lol

6/25/2016 11:11:31 PM EDT
[#6]

Quote History
Quoted:


unethical, yes.  fraud, no.
View Quote
Ah yes

 
a local dealer was arrested in Pa last year, a guy brought in his Uncles guns (uncle passed away)

The dealer was asked the value

The dealer told him he would look at them over night, do the research and get back to him the next day

The dealer said the guns were worth 2K

He picked up the guns (25 of them) and went to a gun auction house

Tuns out the guns were worth 15K

The dealer intentionally undervalued the guns to steal them at the lower price

Hard to prove sometimes but it is fraud



6/25/2016 11:12:18 PM EDT
[#7]

Quote History
Quoted:




It's almost like you've never been to a gun store before.
View Quote
I wasn't there to sell it, I went there because the dealer was supposed to be a colt expert, does anyone read the OP?

 
6/25/2016 11:15:09 PM EDT
[#8]
Since you are in the "industry" , why the hell did you even have to take it to a gun store knowing full well they will give you a low number?  A visit to several websites would give you a pretty good idea of how much the Python is worth.   Sounds like you are just trying to set some one up.
6/25/2016 11:18:00 PM EDT
[#9]


Quote History
Quoted:





I wasn't there to sell it, I went there because the dealer was supposed to be a colt expert, does anyone read the OP?  
View Quote View All Quotes
View All Quotes
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Quoted:





Quoted:





It's almost like you've never been to a gun store before.
I wasn't there to sell it, I went there because the dealer was supposed to be a colt expert, does anyone read the OP?  



I fully comprehended your OP.  I also read that he offered to lowball you. He was giving you a buy price. Not an appraisal or valuation.   Even the other employee said it was the best he could do.





My point is that is the way of the gun dealer.  See my edit above for further.





 
6/25/2016 11:31:27 PM EDT
[#10]

Quote History
Quoted:


Since you are in the "industry" , why the hell did you even have to take it to a gun store knowing full well they will give you a low number?  A visit to several websites would give you a pretty good idea of how much the Python is worth.   Sounds like you are just trying to set some one up.
View Quote
The guy was supposed to be a colt expert

 
I already had a pretty good idea what is was worth

In some guns there are other factors , the 2 1/2" Python is one of those guns

certain years, certain runs

The Royal Blue used?




I more or less wanted a confirmation it was worth what I thought

It wasn't a total loss, after seeing that one in thew display case I am now pretty sure it's worth more than I though


6/25/2016 11:33:09 PM EDT
[#11]

Quote History
Quoted:




It's almost like you've never been to a gun store before.





eta I was at a show a while back.  Looking at used Colt 1911's when a guy walks up with a box wrapped in a rag.  Guy has a Colt Ace conversion complete in NIB condition with the box.  Guy wants to sell it.  I wanted so bad to offer cash but didn't want to shit on the deal.  Guy got a whopping $100.00.  wow.  As soon as he left I immediately offered to buy it from the dealer.  $500.00.  lol

View Quote
There is a big difference between appraising a gun and buying a gun with a low ball offer

 
6/25/2016 11:34:24 PM EDT
[#12]
From someone that sold a Colt King Cobra for about 1k back in late 90's even without a box that Python if in great condition is worth a shit load more than he offered you. I would say at least $1500 based off what the King Cobra sales for now even in ok condition. That same King Cobra I sold with the 6" barrel goes for at least $2500 now. And bitch was an accurate shoot yet she would kick more than any 44mag I ever shot.
6/25/2016 11:34:30 PM EDT
[#13]
Dealers usually offer half of blue book value. I'm suprised he didn't offer around 1700.00
6/25/2016 11:35:04 PM EDT
[#14]
Let me see if I got the facts.

1. You are in the industry. Whatever the fuck that means.
2. You knew his gunbroker seller name and that he had an almost 100% identical gun to yours for 4 grand.

Given those 2 facts above, tell me again why you needed to go find out what your new pistol was worth.
6/25/2016 11:38:27 PM EDT
[#15]


I give up.
6/25/2016 11:40:28 PM EDT
[#16]
Colt Python pricing is highly overinflated. The 6 inch models are more desirable from what I've seen.
6/25/2016 11:41:49 PM EDT
[#17]
Quote History
Quoted:
Let me see if I got the facts.

1. You are in the industry. Whatever the fuck that means.
2. You knew his gunbroker seller name and that he had an almost 100% identical gun to yours for 4 grand.

Given those 2 facts above, tell me again why you needed to go find out what your new pistol was worth.
View Quote


To see how bad he'd get lowballed? It's good for a laugh.
6/25/2016 11:45:16 PM EDT
[#18]
I've never handled one, so yea, I am ignorant. However, honestly - were they really that well made?  Or do they really handle and shoot that well?  Or is it just a unicorn fart thing, due to their scarcity?
6/25/2016 11:48:40 PM EDT
[#19]
What shop? Or if you don't want to say the name, what town?
6/25/2016 11:50:00 PM EDT
[#20]
Funny, I was at an auction today and one in .357 Mag went for $2700.  Caused quite the stir in the crowd.
6/25/2016 11:50:09 PM EDT
[#21]
Quote History
Quoted:
I've never handled one, so yea, I am ignorant. However, honestly - were they really that well made?  Or do they really handle and shoot that well?  Or is it just a unicorn fart thing, due to their scarcity?
View Quote


They are exceptionally well made, with my wheelgun reference only being some ruger revolvers and an old smith 686.

But they are impressive...fantastic bluing, everything locks up tight.
6/25/2016 11:51:58 PM EDT
[#22]
Quote History
Quoted:
I've never handled one, so yea, I am ignorant. However, honestly - were they really that well made?  Or do they really handle and shoot that well?  Or is it just a unicorn fart thing, due to their scarcity?
View Quote

They balance well. They shoot very well. The color of the of pythons can't be matched by modern manufacturing. By God are they smooth.
6/26/2016 12:03:53 AM EDT
[#23]
Ah yes a local dealer was arrested in Pa last year, a guy brought in his Uncles guns (uncle passed away)
The dealer was asked the value
The dealer told him he would look at them over night, do the research and get back to him the next day
The dealer said the guns were worth 2K
He picked up the guns (25 of them) and went to a gun auction house
Tuns out the guns were worth 15K
The dealer intentionally undervalued the guns to steal them at the lower price
Hard to prove sometimes but it is fraud
View Quote


Not sure I believe this story.  The dealer didn't actually but the guns for $2k, he just stated what they were worth (to him).  Guy ends up selling the guns elsewhere for $15k....how is that fraud on the part of the dealer?
6/26/2016 12:05:52 AM EDT
[#24]
I wonder what would happen to the market if Colt would reintroduce them.  From a business standpoint, you'd think Colt would at least initially sell a boatload if they made them to a high standard, even if their investment startup cost was high.  On the other hand, lots of holders of vintage examples might not be so thrilled.







 
6/26/2016 12:07:29 AM EDT
[#25]
Quoted wrong reply...
It's called fraud by deception is most states.
6/26/2016 12:16:32 AM EDT
[#26]
I got a nice deal on one that came into the LGS I am Pt at..the rarest of the rare..it is 1 of only 250 , SS, 8 inch Target model in. 38spc...

They go for $4000...I gave the guy 2k and bought it myself for 2800.

It goes into the forever safe along with my matching P7 M13 & M8 SS and Real deal, Gun South import FN FAL.Next up is my Select fire  IWI 556 Galil that I got for a steal from a retired FFL that treats,me like a son.
6/26/2016 12:17:49 AM EDT
[#27]
Quote History
Quoted:
Quoted wrong reply...
It's called fraud by deception is most states.
View Quote


I assume you were responding to my post, but I still don't see where the "fraud" occurred.  Maybe there is more to the story, but I just don't see it.
6/26/2016 12:24:18 AM EDT
[#28]
Quote History
Quoted:
I wonder what would happen to the market if Colt would reintroduce them.  From a business standpoint, you'd think Colt would at least initially sell a boatload if they made them to a high standard, even if their investment startup cost was high.  On the other hand, lots of holders of vintage examples might not be so thrilled.

 
View Quote

Colt did reintroduce them several years ago. The sales rep came by a friend's shop in 2013 and told him to expect them. Like many Colt products they went nowhere because production was fucked. It came up again at this year's shot show.
https://www.gunsamerica.com/blog/classic-colt-cutaways-and-a-new-python-shot-show-2016/

The finish won't be as nice because of the EPA restrictions that weren't there for the original guns.
6/26/2016 12:33:19 AM EDT
[#29]
Quote History
Quoted:

Colt did reintroduce them several years ago. The sales rep came by a friend's shop in 2013 and told him to expect them. Like many Colt products they went nowhere because production was fucked. It came up again at this year's shot show.
https://www.gunsamerica.com/blog/classic-colt-cutaways-and-a-new-python-shot-show-2016/

The finish won't be as nice because of the EPA restrictions that weren't there for the original guns.
View Quote View All Quotes
View All Quotes
Quote History
Quoted:
Quoted:
I wonder what would happen to the market if Colt would reintroduce them.  From a business standpoint, you'd think Colt would at least initially sell a boatload if they made them to a high standard, even if their investment startup cost was high.  On the other hand, lots of holders of vintage examples might not be so thrilled.

 

Colt did reintroduce them several years ago. The sales rep came by a friend's shop in 2013 and told him to expect them. Like many Colt products they went nowhere because production was fucked. It came up again at this year's shot show.
https://www.gunsamerica.com/blog/classic-colt-cutaways-and-a-new-python-shot-show-2016/

The finish won't be as nice because of the EPA restrictions that weren't there for the original guns.


EPA restrictions on blued guns sounds like gun shop BS.  I may be wrong though.
6/26/2016 12:43:49 AM EDT
[#30]
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Quoted:
EPA restrictions on blued guns sounds like gun shop BS.
View Quote

Well I did hear it in a gunshop.
6/26/2016 1:28:29 AM EDT
[#31]

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Quoted:


I've never handled one, so yea, I am ignorant. However, honestly - were they really that well made?  Or do they really handle and shoot that well?  Or is it just a unicorn fart thing, due to their scarcity?
View Quote




 



Python's were perfect and beautiful
6/26/2016 1:42:16 AM EDT
[#32]


Quote History
Quoted:
 





Python's were perfect and beautiful


View Quote View All Quotes
View All Quotes
Quote History
Quoted:





Quoted:


I've never handled one, so yea, I am ignorant. However, honestly - were they really that well made?  Or do they really handle and shoot that well?  Or is it just a unicorn fart thing, due to their scarcity?



 





Python's were perfect and beautiful







 
 
6/26/2016 5:38:07 AM EDT
[#33]

Quote History
Quoted:


From someone that sold a Colt King Cobra for about 1k back in late 90's even without a box that Python if in great condition is worth a shit load more than he offered you. I would say at least $1500 based off what the King Cobra sales for now even in ok condition. That same King Cobra I sold with the 6" barrel goes for at least $2500 now. And bitch was an accurate shoot yet she would kick more than any 44mag I ever shot.
View Quote
The Colt King Cobra was chambered in 357 magnum, and 38 Special; of course. None were made in ANY other cambering. Ever.

 
6/26/2016 5:41:54 AM EDT
[#34]
Not sure I buy that a gun is less than 100% because of the box. I would say he's closer to most gun shop owners than you are aware.



A gun shop owner I knew used to run around to the widows of his buddies to buy up any stuff like Lugers  they had so he could,get them for a song and flip them.
6/26/2016 5:43:25 AM EDT
[#35]

Quote History
Quoted:


I got a nice deal on one that came into the LGS I am Pt at..the rarest of the rare..it is 1 of only 250 , SS, 8 inch Target model in. 38spc...



They go for $4000...I gave the guy 2k and bought it myself for 2800.



It goes into the forever safe along with my matching P7 M13 & M8 SS and Real deal, Gun South import FN FAL.Next up is my Select fire  IWI 556 Galil that I got for a steal from a retired FFL that treats,me like a son.
View Quote
HK never made ANY of the P7 series in stainless steel. They did make some in factory chrome plating, that looks fairly close to SS. Look it up.





 
6/26/2016 5:43:26 AM EDT
[#36]
what did you pay for it?

6/26/2016 5:54:11 AM EDT
[#37]
Quote History
Quoted:
Not sure I buy that a gun is less than 100% because of the box. I would say he's closer to most gun shop owners than you are aware.

A gun shop owner I knew used to run around to the widows of his buddies to buy up any stuff like Lugers  they had so he could,get them for a song and flip them.
View Quote



I dont get the "box" thing either, most snake collectors would die if they seen the way i shoved my boxes in the attic.
6/26/2016 6:02:45 AM EDT
[#38]
Bad FFL dealers are a dying breed. Most have self destructed by now or are operating on borrowed time. The days of the $800 Glock 17 is long gone.

The Internet is keeping most of them somewhat honest.
6/26/2016 9:59:15 AM EDT
[#39]
Quote History
Quoted:


I assume you were responding to my post, but I still don't see where the "fraud" occurred.  Maybe there is more to the story, but I just don't see it.
View Quote View All Quotes
View All Quotes
Quote History
Quoted:
Quoted:
Quoted wrong reply...
It's called fraud by deception is most states.


I assume you were responding to my post, but I still don't see where the "fraud" occurred.  Maybe there is more to the story, but I just don't see it.

I would say it's more along the lines of being raped, but not fraud.
You don't like my offer then gtfo, pretty simple.

I would not go get an apprasial just for the heck of it.
You can get Blue book online, along with other data sources.
6/26/2016 10:03:33 AM EDT
[#40]
jzry - why do you hate free market capitalism?  


Glad you outed him that he tried to pull a fast one on you.
6/26/2016 10:23:06 AM EDT
[#41]
It is only worth what someone is willing to pay for it...not what the buy it now price is on GB. Personally a thousand dollars would be a good price for it because it is a two and a half inch barrel. In my eyes a four inch would be worth much more. A local GS had  very nice four inch with a little honest blueing wear for just under $1700..I would have put it at 90%. Maybe a snub nose Python trips others checkbook but not mine.
6/26/2016 10:42:20 AM EDT
[#42]
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Quoted:
He was giving you a buy price. Not an appraisal or valuation.  
View Quote

Exactly. This is something you have to be VERY clear about.

Most gunshops do not offer appraisals.
6/26/2016 10:49:32 AM EDT
[#43]
This part pisses me off.
They could have made 2k  if they just apologized and corrected the offer.

started talking to the other guy who came back to me and said the boss said thats the best we can do and have a good day.

Gun dealers like that give FFL's a bad fucking name
6/26/2016 10:50:18 AM EDT
[#44]
It is very clear that you don't understand how gun shops make there money.
6/26/2016 11:01:55 AM EDT
[#45]
Quote History
Quoted:

Exactly. This is something you have to be VERY clear about.

Most gunshops do not offer appraisals.
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Quoted:
Quoted:
He was giving you a buy price. Not an appraisal or valuation.  

Exactly. This is something you have to be VERY clear about.

Most gunshops do not offer appraisals.


And some do.

The answers I am reading seem to indicate that people are not understanding that the OP went to the gunshop for an appraisal, not for an offer. Huge difference. Now, both can happen depending on the [honest] appraisal and the offer that the possible seller must understand will be lower due to the markup for profit.

Local shop lowballed an old widow on a Colt MKIII .38 special for a couple hundred bucks, nice shape, 2 mags, [mags were worth that much alone. I made a sight unseen offer of $500 [didn't know it was a MKIII, just that it was an older 1911] lady accepted, when I went to pick it up I told her it was worth more then I offered sight unseen and to call me when she had it appraised. She just wanted it to go to a ''good home'' and she refused to NOT sell it for $500 as she knew she was on the way out [she died a few months later]. The she ended up giving me an entire pickup truck load [Well, S10 size pickup] of reloading stuff, tens of thousands of rounds of ammo [in 148 grain match and .38 spl LRN] and everything else gun related because no one in the family wanted it. She said of all the people [to include her deceased hubby's best 'friend''] she had asked about it's value, they had all told her it was worth just a few hundred bucks and I was the only person that was honest with her and she wanted me to have it.

Still have it.

[/img]

I have bought a LOT of guns because I don't lowball and word gets around. I'm honest that it's not retail value if they try to sell on the market but it's above what a dealer will offer.
6/26/2016 11:07:42 AM EDT
[#46]
Did you offer to PAY for a written appraisal? Or were you wanting to pick his brain for free? Not trying to be rude.. but it is surprising how many folks think others are supposed to just hand over their knowledge. A paid appraisal that is purposely false would be fraud..
6/26/2016 11:23:10 AM EDT
[#47]
Gun shops can be just as bad as the buyers. Everyone wants it for almost nothing and they cannot buy unless they think that they're getting over, then will turn around and sell used for more than they paid and then bitch that people are stingy with their money.
6/26/2016 11:57:09 AM EDT
[#48]

Quote History
Quoted:


what did you pay for it?



View Quote
I traded a customer for three guns.

 
He choose 3 AR's we build and he gave me The Python, a S&W 686 & a S&W 33-1
6/26/2016 11:59:24 AM EDT
[#49]

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Quoted:


Bad FFL dealers are a dying breed. Most have self destructed by now or are operating on borrowed time. The days of the $800 Glock 17 is long gone.



The Internet is keeping most of them somewhat honest.
View Quote
I pretty much agree but there are a lot of small town FFLs who's trade depends on people not checking the net or just need money in a hurry.
When people need money they sell guns ridiculously cheap
6/26/2016 12:01:02 PM EDT
[#50]

Quote History
Quoted:





I would say it's more along the lines of being raped, but not fraud.

You don't like my offer then gtfo, pretty simple.



I would not go get an apprasial just for the heck of it.

You can get Blue book online, along with other data sources.
View Quote View All Quotes
View All Quotes
Quote History
Quoted:



Quoted:


Quoted:

Quoted wrong reply...

It's called fraud by deception is most states.




I assume you were responding to my post, but I still don't see where the "fraud" occurred.  Maybe there is more to the story, but I just don't see it.


I would say it's more along the lines of being raped, but not fraud.

You don't like my offer then gtfo, pretty simple.



I would not go get an apprasial just for the heck of it.

You can get Blue book online, along with other data sources.
Blue book is way off the mark on Pythons

 



As for fraud, if you ask an "expert" for his appraisal and he comes in really low in hopes of buying the gun thats fraud    
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[ARCHIVED THREAD] - Colt Python (Page 1 of 2)