Originally posted by lcpiper
For an actual new Python that is as faithfully remade as the originals were, I'd pay up to $1,500 for one and would be happy that I have my Python and can shoot it too.
Originally posted by lcpiper
I would think modern machining process would cut down on some of the hand fitting requirements and help keep the costs dow
The problem here is that the modern manufacturing processes which could, theoretically, bring the cost of a new Python down are the exact same things that would make such a gun not a "faithful reproduction". Processes like CNC machining, investment casting, and MIM produce more uniform parts that require less hand-fitting and thus keep costs down. However, as this very thread has demonstrated, the very people who such a gun would be marketed to would consider a Python with a cast frame or MIM internals to be an "abomination."
Likewise, as DPris pointed out, the old V-Spring action is going to require a lot of hand fitting regardless of how you make the parts. About the only way to get around this would be to change the action to one that required less hand fitting (Colt actually did just that starting with the Trooper Mark III and continuing with the Trooper Mark V and King Cobra). If you do that, however, what you'll end up with will be a Python in name and appearance only (think a King Cobra with a vent rib barrel and you've got the idea).
If you want an idea of how expensive doing things "the old fashioned way" can be, look at what happened to Dan Wesson's prices after they introduced the Valor, which uses all forged parts. As of right now, CZ's website lists the Dan Wesson RZ-45 Heritage (the closest to their pre-Valor offerings) at a MSRP of $1298 while the Stainless Valor (the lower priced of the two variants) lists for MSRP $1701, an increase of over 23%.
So, if we assume that using only forged parts will cause a price increase of 23% (it would probably be substantially more for a Python since a DA revolver requires more hand fitting than a 1911 does), we can get an idea of how expensive new Python might be by looking at a currently produced top-end revolver. Probably the closest we can get would be the S&W Performance Center 627 which lists for MSRP $1249 and uses MIM internals. Assuming our 23% price increase, that gun would cost a little over $1500 if you simply used all forged internals rather than MIM. Considering that the Colt V-Spring action requires much more hand fitting than just about any other common DA revolver (certainly more than a S&W) and that hand fitting is probably the biggest inflator of costs, I think DPris' estimate of $2K for a new Python made the "old fashioned way" is probably, if anything, a bit low.