I have S&W 44 mag. model 29-2 serial # N428##. 8 3/8 barrel....

5 years ago #1
Guest
Guest

I have S&W 44 mag. model 29-2 serial # N428##. 8 3/8 barrel. What is the value?

Posted on Smith & Wesson
Answer
5 years ago #2
JP@AK
Guru
Blogs: 27
Forum: 18,955
Votes: 604

Dear Guest
So much depends on the condition of your firearm that it is difficult to narrow this down without more information.
However, the Model 29-2 will go for about $450 in NRA Good condition to $750 in NRA Excellent. A NIB example will be more than that. I saw one yesterday at a gun show, NIB with the presentation box, for $1250 (I didn't see anyone buy it!). I also saw one in VG condition, no box, for $550.
I hope this is helpful, but remember that graded condition is everything, assuming the gun is all original and hasn't been tampered with.
Regards,
JP

Reply
4 years ago #3
kingsta
Guest

I would like to see you buy a 29-2 blued 8 3/8 pinned and recessed for 450 dollars not going to happen if you can let me know I would like to buy it!!!!

Reply
4 years ago #4
kcbuck
Guru
Blogs: 22
Forum: 16,576
Votes: 299

JP is correct, you are wrong.... Good condition does equate to 60-80% original factory.

Reply
4 years ago #5
kingsta
Guest

OK JA. you show a link of a 29-2 8 3/8 pinned and recessed for anywhere close to 450dollars!!

Reply
4 years ago #6
Jeff S
Silver Member
Blogs: 3
Forum: 69
Votes: 2

I guess everyones idea of good condition is different.
To me "good condition" means it is good.
If the book definition of good is as low as 60% then I believe JP is correct. I wouldn't pay more then $450 for a junk(60%) 29-2.
But there are a few of us that still consider the term "good" to mean "nice" and to me 60% is not nice.

I ran in to a fella that was selling a pre-27 that he considered 95%. When I saw it I was shocked at what he considered 95% - the poor thing was junk. Looked like it was draged down the road on a rope behind a car and what ever finnish survived was then sanded off. I think what the per-27 seller was saying is that 95% of the "metal" not finnish, was still left.
If the true rating for "good condition" is only 60% then again - I must agree with JP
In my definition of good - I would have to agree with the other guy.

I have learned to carefully consider the terminology used in the evaluating of a fire arm. Jeff S

Reply
4 years ago #7
JP@AK
Guru
Blogs: 27
Forum: 18,955
Votes: 604

Jeff
You've put your finger on a lingering issue. When someone describes a gun's condition and they use terms like "good" or "fair" or "excellent" you always have to ask yourself, does he mean this in a general, common language sense, or is he using it in the more technical sense of "graded condition." I usually assume the former, because generally collectors are the only folks who have a good handle on the more technical meaning of these words - which are actually pretty carefully defined terms.
I nearly always try to clarify what I mean (as I did in the earlier post in this thread) by writing, "NRA Good condition." I'm signaling that I mean the word "Good" in the narrow technical sense described in the NRA grading system. kingsta's responses only told us that he does not understand the distinction being made by that qualifier. I'm not criticizing him - just pointing out that he did not understand that I was using an established grading system that has definitions for these various terms.
The other problem displayed here is that even with the defined terms there is some subjectivity involved in deciding whether a particular gun will grade NRA Good or NRA Very Good or NRA Excellent (or whatever). One collector will look at a gun and say that it is NRA Good. Another will look at the same gun and say, "no, I think it will make NRA Very Good." But at least we are working off of established definitions. When someone uses "good" in a generic sense, it is completely subjective and actually tells us very little.
I hope this clarification helps.
JP

Reply
4 years ago #8
JP@AK
Guru
Blogs: 27
Forum: 18,955
Votes: 604

Jeff
One more thing. I do not agree that a S&W (Model 29 or otherwise) that is in NRA Good condition is "junk." It's a shooter and certainly not a collector. But it's not "junk." It will still give the owner many years of faithful and reliable service. But its trade value is not high.
Keep in mind that to make NRA Good, it may have a lot of the finish missing and it may have several non-original parts, but it must be in sound, working condition. It therefore may look terrible, but is not "junk."
Regards,
JP

Reply
4 years ago #9
Jeff S
Silver Member
Blogs: 3
Forum: 69
Votes: 2

Right on JP
I was wondering also until I saw the posting which showed that "good" was in the 60-80%. Based upon this, your evaluation was correct. For most of us not familiar with this type grading system - we wonder and scratch our heads. Others get rude. Keep up the good work.I always enjoy learnong from someone smarter then me - but that doesn't take much Jeff S

Reply
4 years ago #10
guest
Guest

Thank you for the feed back.
The gun I am referring to is all original. The only mark on the gun is a small worn place on the end of the barrel from the holster. So how would that be rated?

Reply
4 years ago #11
Jeff S
Silver Member
Blogs: 3
Forum: 69
Votes: 2

If the gun has the original S&W wood grips I would rate it at 95% as you describe it. I have owned and sold a lot of 29-2s so I am very familiar with what they bring at a Wisconsin gun show. Keep in mind that some regions are lower or higher than Wisconsin.
The most desired 6 or 6-1/2" barrels will bring about $900.00 in 95% with out a presentation case but the
8-3/8" barrel guns are not as highly sought after here for what ever reason. They bring slightly less at about $700.00 - $750.00 for a 95%er.
I just saw an "unfired" 8-3/8" 29-2 in a presentation case go for $775.00 which was quite a deal but that tells you the variables in the market places. I know the seller was hard up and took what he could get that day.
Hope this helps you - Jeff S

Reply
4 years ago #12
JP@AK
Guru
Blogs: 27
Forum: 18,955
Votes: 604
Jeff S wrote:
If the gun has the original S&W wood grips I would rate it at 95% as you describe it.

To further answer our guest's question, I would add that in the NRA grading system, his description would most likely result in a graded condition of NRA Excellent. That grade allows for slight finish wear at the muzzle and on the sharp edges of the frame and cylinder.

As for the values you quote, I find them interesting (I do not dispute them because of regional differences). Your last example makes me almost wish I lived in Wisconsin. A dash 2 such as you described would go for over $1,000 most places I know, including Alaska.

Regards,
JP
Reply
4 years ago #13
Jeff S
Silver Member
Blogs: 3
Forum: 69
Votes: 2

JP you're right - last year we "were" getting $1000.00 for what we are talking about, but with the terrible unemployment situation here lately, S&Ws (as well as others) have lost ground. They have dropped almost 20% in the last year as the gun market in general is being flooded by people that need money to make their house payment. This is good for buyers but bad for sellers.
Over the last six months of gun shows that I have participated in, 7 of 10 people have come to sell their guns and the other 3 buying are looking for a $150.00 .22 caliber something or other.
Its getting pretty sad. Jeff S

Reply
4 years ago #14
JP@AK
Guru
Blogs: 27
Forum: 18,955
Votes: 604

Jeff
I'm sorry to hear such sad statistics. If this were a different forum, I would be tempted to go off on government meddling with the economy as the major source of this problem. But, since this is a gun forum and not a politics forum, I'll refrain.
Regards,
JP

Reply
2 years ago #15
Boresnake
Guest

I suspect someone is back peddling here. Barring any further spin, a 29-2 in good condition will be impossible to locate for $450. Perhaps $550-575, but definitely not $450.

Reply
2 years ago #16
MingoFrank
Wiz
Blogs: 10
Forum: 6,996
Votes: 311

Guest "boresnake",

You might note that this thread is over 2 years old.....

Reply
By entering this site you declare you are 18 or older, you read and agreed to its Terms, Rules & Privacy and you understand that your use of the site's content is made at your own risk and responsibility.
Copyright © 2006 - 2016 Gun Values Board