3 years ago #1
Jon
Guest

Hi, I was just wondering what the approximate value on my gun is since I see prices all over the board for the Colt 1903's I took it to a local supposedly reputable shop for an appraisal and they told me about $550 but then quickly offered $450 cash on the spot so I was a bit suspect. I don't really care to sell as it is a great all around gun and was just curious. Thanks for the help.

Posted on Colt
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3 years ago #2
Blackjack33
Wiz
Blogs: 9
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Votes: 351

Beautiful gun. Is the finish nickel or blued (the flash or lighting makes it hard to tell)? In my opinion $550 is way to low. Are there any marks or wear? Muzzle wear to the finish or wear to other high spots? How is the rifling and bore? The magazine may be a replacement since most blued magazines were two-tone. If it's nickel, never mind. A little more description of condition would really help.

Based on what I see, I would think $800-$1000+ would be a better estimate.

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3 years ago #3
Jon
Guest

The finish is nickel. My new camera takes really good pictures apparently as there are a few nicks and scratches that don't show up unless you zoom in but little wear. Internally it is in very good shape and has probably seen very few rounds relative to it's age.

Thanks for the help!

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3 years ago #4
bluegrasscotty
Silver Member
Blogs: 6
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Votes: 4

Hello,
Blackjack gave you spot-on information! I'd agree with him on the value. From what I can see it is in "VERY" good shape and if the nicks are really small your for sure looking at a bare minimum of $800. It may fetch a bit more than a $1,000 but from $1,000-$1,200 is about the maximum value for this gun. Very nice gun you have. Just wanted to tell you that and say that I totally agree with Blackjack. Enjoy that beautiful Colt!! Take care,
Bluegrasscotty

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3 years ago #5
KerryL
Master
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I agree with Bluegrasscotty and Blackjack on the value of around $1000 to $1100 with the following caveat - if you have the original box and paperwork you can add a couple hundred. I would also probably get an LOA from Colt to verify the nickel finish was factory.

Your gun was made in 1924.

Beautiful pistol - thanks for sharing!

Kerry

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3 years ago #6
Jon
Guest

All, thanks for all the input and knowledge! I do not have the original box or paperwork but it has always been in my family.

Jon

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3 years ago #7
KerryL
Master
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Votes: 80

If that's an heirloom that will stay in the family, I'd definitely look into a letter from Colt - it would add to the "cool" factor and provide provenance, and they may not be available forever....

Kerry

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