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Goast rider
July 24, 2016, 17:08
Looking to find value on a S&W 27-2 Blued 8 3/8 barrel. Ser begins with n811... It Has original wooden box, gold inlay in lettering, near new condition. circa 78-79? only real wear is foam in the case is decomposing. Any thoughts?

VALMET
July 24, 2016, 17:51
Check 27-2 prices on GB (what they're actually selling for) for a more precise estimate but I'd say $750-950 depending on how badly someone wants it.

Retired Bum
July 24, 2016, 19:43
The gold wash that fills the factoring markings on the Model 27-2 actually detracts from the value a small amount.

Just a few years ago I sold my 8 3/8ths Model 27-2 with the wooden presentation box and all the tools for just $500. Back then that was the going price. Today a pristine example will bring close to double that amount.

And so it goes.


The Retired One

CG&L
July 24, 2016, 20:24
A few years ago, and maybe today, A M 27 in the condition you're describing would start at $950 if it had a 4" barrel. No telling where it would end.
An 8 3/8 barrel is considered less desirable than a 4"bbl.

I would start at $950 and see what happens. If it had been made in the 60s and had an 'S' starting the serial number, it would be worth a lot

So goes prices. Depends on what's hot

Bawana jim
July 24, 2016, 20:33
Gunshop was saying prices on Smiths are soft right now after comming off a real premium price. Thought about selling some of mine but will wait for prices to rise again.

VALMET
July 24, 2016, 20:34
I paid $1100 for a minty 1978 27-2 5-inch last summer and don't feel like I overpaid.

Bawana jim
July 24, 2016, 20:44
I paid $1100 for a minty 1978 27-2 5-inch last summer and don't feel like I overpaid.

Five inch is very rare....:)

BUFF
July 24, 2016, 22:33
The gold in the lettering is an aftermarket treatment that owners used to often like to apply a couple of decades ago. It will clean out with solvent and a toothbrush.

How old it is depends on the serial number, obviously. The N series began with N1, so to know the actual shipping date would take a little more info than you supplied depending just how many digits there after the N811. Try again and use X's for the last two digits, like N 811XX or N811XXX.

The blue flocking on the bottom covering the bottom insert of the wood case comes off with age. They just about all do it. The bottom of the case is hard plastic with the thin layer of blue flocking. There are ways to replace it, see Utube.

S&W made the Model 27 with barrel lengths of 3-1/2, 4, 5, 6, 6-1/2 and 8-3/8. 30 years ago the long one was the most wanted and most expensive but tastes have changed as more states allow concealed carry and hunting with handguns. I guess tastes change over time.

As for S&W prices being soft right now, I don't see that in the marketplace sections on forums focusing on S&W's. Some dealer offering to buy yours for resale will often tell you things like "the market is soft." Some variants may have gone down as tastes shift, but far more are up, way up over 5 years ago. The dealers often have the attitude that your gun is a turd but after they buy it and try to sell it, the turd has turned to gold.

That's a nice gun you have.

FUUN063
July 25, 2016, 08:21
What Buff said. Plus, by what you're saying and no pics, figure right now around my area, they sell for $900.00 plus. I sold mine this winter (8 3/8" in wood box, mint) to a dealer for $1,000.00. But, I should add that the .357's bring a little less than the large bore S&W's right now. The same gun here in .44 magnum will bring $1,200.00 and in .45 Colt, $1,400.00 or a smidge higher. My buddy has bought mine and a few others in the last few months at these prices. I still have my nice 3 1/2", though, and my pre-27 5".


Leland
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