Smith M27 3.5" value?

R

Rovert

New member
Can anyone give me an idea of what the street value of this gun is? I bought it anyway, but for insurance purposes, I'd like some idea of what it's worth, however, I can't seem to find any on gunbroker, auctionarms or gunsamerica to give me an idea. The closest I've gotten is the long barrel version.

It's a Smith & Wesson Model 27 .357, 3.5" barrel, nickel plated, pinned & recessed cylinder (I'm told that's a good thing for value), production date (according to Smith) was somewhere around 1975-1977. Has original grips, as well as the fancy ones pictured here.
http://www.gothammarketing.com/rck/images/side.jpg

It's in 95%+ condition, but for a little 'ding' (photo below - right under where it says Springfield, MA) and it shoots perfectly.
http://www.gothammarketing.com/rck/images/open-r-f.jpg

TIA!
 
22nd Ed. (last year) of Fjestad's Blue Book of Gun Values rates your revo at $300 to $330 (added 10% for P & R) in 98% condition. Value drops to $235 if only in 95% condition. (I'd like to know who could tell me the difference of 3% points in condition!) I'd guesstimate $300 in the condition you describe.
 
Bluebook is off on many values compared to real world. If I had a 95% 3.5" nickeled M27 I would not sell it. But, if I were to offer it, I would start the bidding at $400. I think I would get at least that much. A 4" Nic M27 just went for $406. I know because I bid $405.
 
I would guess around $300.
I have found Fjestad to be pretty good for average retail prices.
Easy to buy for less than blue book...
And also easy to sell for more than book.

Patience, and carry cash.

Sam
 
Thanks, guys. I guess what puzzles me is that I haven't seen a single 3.5" Nickel version for sale anywhere out there. The 5" and longer barrels have gone for as much as $600 or more, but I can't figure why the stubbies aren't listed.
 
I'd find the highest possible asking price for a nickeled 27 regardless of barrel length. Hit all the internet sites, Gun List, whatever. Take the info to your insurance carrier IF required and then insure that gun for that amount. They are not common and prices are going up on a regular basis. Your particular gun appears to be VERY nice. If the insurer is willing to cover the gun for a high end replacement value take advantage of it.
 
The real question is...

Do you want to SELL IT!!!!
I doubt you will have a hard time finding somebody to take it off your hands....
 
Heh... no, don't want to sell it - I just bought it. This beauty will be part of the permanant collection! Classic 'heavy metal' eye candy. :D

Don't know if using street pricing from the longer barreled versions will fly with the insurance company. They'll probably want to see valuations for the exact same thing, and since the policy covers replacement value... not book value... I need the 'street price' for the exact same thing.

Why am I not seeing any other 3.5" models? Are they rare?
 
I don't think the 3.5" 27's are rare but they are scarce here in N.E. PA. Your gun would easily fetch $450 in my area. I just gave $500 for a LNIB 5" blued 27 and I feel I got a fair deal.

Randy
 
No, the 3.5" isn't rare. The 4" is uncommon. Prices and availability will vary from one part of the country to another. I lived in Utah for a while and for a number of years the Highway Patrol there carried 3.5" M27s (actually, they used them from before the model numbers were added so many pre-27s carried, too). I picked up a very slick 3.5" pre-model sold by a sheriff's department for $275.
 
Thanks for the help, guys. This at least gets me pointed in the right direction. If anyone else has info on this exact, particular model, please feel free to chime in!

Regards,
RK
 
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