Would you buy this?

shooterbob

New member
I have a chance to pick this up. It's 1 of 3000 and is unfired. Model 29-5 in 44 mag.
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If it has more paperwork than just the sale tag to prove its a special edition, yes. I would cry about it at first but I buy it. And SHOOT IT lol.
 
I truly like everything about it and wouldn't buy it for half that price. Two reasons; 1. I don't own "safe queens", all my guns are "working" guns that don't stay pretty. 2. since moving here to the deep south most of my full-size handguns have been exchanged for sub-compact models that are more easily concealed in lighter clothing (excluding two trail guns).
That said, it's likely a terrific collector/investment item and I can easily understand anyone jumping at the chance to own it. Just not my cup of tea.
 
I wouldn't buy it. I buy guns to shoot & that barrel length is too long for the shooting I do & the price is much too high for a shooter.
As a collector piece, I would have to check very carefully before I put my money up. Oh, I forgot, I only buy shooters.
 
Folks who buy only shooters will not want to buy that gun because its value is based in good part on its not having been fired. I think the gun is worth the price asked; shooters will be just as happy with a stainless steel gun, leaving the blued ones to collectors.

Jim
 
I have looked through my Blue Book, although it is not the most recent edition. It shows nothing in the limited edition series matching this revolver. The prices on the others beyond the -2 do not stack up to the price of this revolver.

If I wanted it, I would do some additional research and most likely not go beyond $900 to a $1000. The long barrels are great for hunters, but I no longer hunt. Even when I did hunt, I never used a pistol not that I am opposed to the idea.
 
Agree with the above posters.

If you want a S&W Mdl 29 in .44 Mag, buy one that's been fired, that's in decent shape, and has something like a 4" barrel so you can carry it easily when you're out and about.

Then shoot the hell out of it and enjoy it.

I can understand how some guys are collectors, and pay huge sums for guns they don't intend to shoot, but just leave them in the box in a safe somewhere so their value increases over time. It just isn't my thing. All the guns I own are shooters, and most of them I've purchased used - in fact, the one's I really prize and carry are the one's I've purchased used.

In answer to your question, no - that's not the Model 29 I'd buy.

YMMV.
 
No.
Special editions are of no interest to me as such. They are usually poor investments even if kept unshot.
Now if they are in a configuration or offer features I like, fine. But this one does not. A round butt 8.375" full lug is pretty much my definition of "poorly balanced."
 
Too nice and too cheap to pass up.
I'd buy that in a New York second.
A brand new one without the limited series and packaging would cost nearly that much.
If you don't want it I do.
 
If you WANT IT, BUY IT!

I'd still offer the guy 10 Hundred dollar bills and walk if he balked.

It's a nice gun.

If you like it, get it!

Shoot the crap out of it, too.
Really.
 
Asked my alter ego about this one...

"Jest too dang purdy to shoot so I wouldn't want 'er."

I kind of agree but I wouldn't say a word against you if you bought it for that price and kept it as a safe queen. Price isn't bad for that.
 
I can get it for 900 and I found it in the blue book under model 29magna. It's a beauty but, I'm not sure if its one I could shoot. I see where they sold for 1000 to 1100 so this isn't a fantastic deal just a good find for collecting.
 
I personally wouldn't buy it for a couple of reasons.

1. I want shooters. That's a collector's item. Shooting it would kill the value.

2. It's a .44 Mag. I don't have any interest at all in the .44 Mag.

That said, it's not a bad price.
 
I wouldn't buy it but only because it has an 8 3/8" full lug barrel. I just think they're ugly. Other folks like them.

Price is about what I'd expect to find at my local shop for one in that condition. You can probably get it for less. How much less depends on how bad the shop wants to move it at the time you're there.
 
The above comments are merely peoples opinion on what the pictured gun is worth to them, not what it may really be worth.

I am not a proponent of the "If I can't shoot it I won't own it crowd". I will admit that I have safe queens and the fact that I don't shoot them doesn't bother me one bit. But I do watch the market very closely and IMO, the so called "collector editions" have no more value than any other similar gun of the same model.

Since my Smith and Wesson collecting pretty much stops at any one made after 1980, I really can't say what that particular gun is worth in your area. However that price seems a bit high to me. I picked up an unfired 29-2 with the presentation case and tools last year for $900 and that was when I lived in the Peoples Republic Of California where used gun prices are high.

The interest (and therefore higher prices) are in the pinned and recessed models and that means that nearly any Smith produced after 1980 just isn't going to bring that kind of money from an informed buyer. An added factor is that the shorter barreled guns will bring more money and are more sought after.

In summary, I think that the particular gun you posted is about $300-400 overpriced. I would suggest that you look for a used gun if you want a shooter and if you are looking to buy an investment grade gun, look for a pre-1980 Smith that is in the original box and has the original tools & documents.
 
My own personal experience with so-called special editiions or comemmoratives is that you end up with a white elephant. If you shoot it, the value immediately drops considerably. If you don't shoot it, the value basically just keeps up with inflation so you really aren't making a very good "investment."
 
"The above comments are merely peoples opinion on what the pictured gun is worth to them, not what it may really be worth."

You do realize that people's opinions really determine the worth of anything and everthing, right?

Even gold would be worthless if people didn't have the opinion that it has some intrinsic value.
 
Very true Mike. But the opinion of a few posters on a relatively general forum such as this, will not give a true estimation of what the real value is. All you will get is an idea of what certain individuals prejudices (including mine) are.

The real value can only be determined by what the exact same gun is selling for, and that will take some real research.

To those that insist that they have to shoot every gun they have, it will be worth much less than those who want only unfired examples. I, as a collector of earlier S&W's, place much less value on it because it is too late a production example and it just doesn't interest me.

Right now the best data available is to go on Gunbroker and look for sold guns of the same model. If none have been sold then you have to dig a little deeper to determine what a fair value is.

Ultimately, it will come down to what a person is willing to pay for it.
 
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