1970 Colt Python 6" What is it worth?

[bk23103]

The market drastically changes when they film particular intense action scenes where Rick (Walking Dead) shoots off enough rounds where he reloads and is able to hold off an endless horde of zombies with his Python (instead of using the glock17 he has used various times).

So I would say: Mondays after such episodes and the value of Pythons (specifically stainless finished modes) shoots through the roof.

A classic and ever appreciating firearm like a Python is far "more usable" than an extravagantly priced California compliant gimped up range toy, so let's set that false premise aside and just agree that you just want the rifle more.

I have nothing against high end range toys, but if it will require liquidating your children's birthright to get it, then no.

These two posts are pretty much how I feel. I'd suggest ya hold onto it, OP.

[gtarifa74]

Keep it in the Safe, original or correct box and grips or not it's worth good money. You can always walk into a LGS and buy or order the Scar, you can't walk up and tell them , "I want a Colt Python Please?" if You can afford the Rifle and don't have to sell the Snake to get it, then go that route. Once it's gone it's gone and You Will regret it later.

[CityHunt3r]

Thanks i guess mine was made in 1970 got a decent deal on mine a few years ago $1,300

[joefrank64k]

IMHO, the current popularity and bubble for Pythons is driven by aging baby boomers. The Python was the prettiest gun made in their era and everyone wanted one even if they couldn't afford it.

So now that they're retired and have money burning holes in their pockets, they're finally buying the gun of their dreams. Since they likely only have 10 to 20 years left on earth, they figure if not now, then never.

So the baby boomers are on a buying spree that won't continue when they pass on. Python's may hold their value, but they won't experience the ridiculous appreciation that they have over the past 10 years. I think they're as close to the peak as they will likely ever come.

Since you have no particular affinity for the gun, I'd sell it and get YOUR dream gun. A gun that you'll actually use. If it was your Dad's service weapon or something like that, then I could understand saving it to hand down to your kids.

Sell it while the market is hot for them. It likely won't last. Get what you really want. You'll use what you want a whole lot more than having a safe queen. Shooting YOUR dream gun will put a smile on your face and get you out of the house.

^^^ These are great points.

The market for Pythons got silly-high for a while and won't last. Since this isn't some 'family heirloom' (whatever the heck that means...it's just a gun, 1 of 1000's identically made, but that's for another thread ) then why keep it unfired in the safe while you pine away for the gun you really want??

What will end up happening is that you'll get old and die, then your descendants will either keep it and shoot it, or sell it for what they really want....as it should be! When my dad died, I inherited dozens of guns, with several that hadn't been fired. WTF was the point of that??

Bottom line, IMHO...sell while the market is hot. Get what you want. If that gets boring, sell it for something else you want. Repeat as often as necessary.

[nickel plate]

greginsacto,
Once you have without a doubt determined that the wood grips are of the wrong generation, try to set up a straight across trade for a correct set of Gen lll grips.
I'm thinking Colt didn't release many or none of the Gen ll Pythons with black rubber grips so there could be a lot of wood out there up for sale or trade whereas the Gen lll models were released with a lot of black rubber grips so the demand for Gen lll wood should be higher.
BTW, your black rubber grips are not Colt issue as there are no Rampant Colt medallions on them.

[Erion929]

IMHO, the current popularity and bubble for Pythons is driven by aging baby boomers. The Python was the prettiest gun made in their era and everyone wanted one even if they couldn't afford it.

So now that they're retired and have money burning holes in their pockets, they're finally buying the gun of their dreams. Since they likely only have 10 to 20 years left on earth, they figure if not now, then never.

So the baby boomers are on a buying spree that won't continue when they pass on. Python's may hold their value, but they won't experience the ridiculous appreciation that they have over the past 10 years. I think they're as close to the peak as they will likely ever come.

Since you have no particular affinity for the gun, I'd sell it and get YOUR dream gun. A gun that you'll actually use. If it was your Dad's service weapon or something like that, then I could understand saving it to hand down to your kids.

Sell it while the market is hot for them. It likely won't last. Get what you really want. You'll use what you want a whole lot more than having a safe queen. Shooting YOUR dream gun will put a smile on your face and get you out of the house.

Good thoughts, in general, but you just never know. The market for nice S&W revolvers is also going very strong and prices can see $3500-10,000 on popular models. Pythons have that ability to sustain and grow.

[perpetual otter]

IMHO, the current popularity and bubble for Pythons is driven by aging baby boomers. The Python was the prettiest gun made in their era and everyone wanted one even if they couldn't afford it.

So now that they're retired and have money burning holes in their pockets, they're finally buying the gun of their dreams. Since they likely only have 10 to 20 years left on earth, they figure if not now, then never.

So the baby boomers are on a buying spree that won't continue when they pass on. Python's may hold their value, but they won't experience the ridiculous appreciation that they have over the past 10 years. I think they're as close to the peak as they will likely ever come.

Since you have no particular affinity for the gun, I'd sell it and get YOUR dream gun. A gun that you'll actually use. If it was your Dad's service weapon or something like that, then I could understand saving it to hand down to your kids.

Sell it while the market is hot for them. It likely won't last. Get what you really want. You'll use what you want a whole lot more than having a safe queen. Shooting YOUR dream gun will put a smile on your face and get you out of the house.

I disagree with a lot of this post.

Pythons will hold their current values as long as Colt never produces them again.

[SunkenShadow]

The appreciation rate will slow but these guns will continue to rise but they won't really drop in price. And the will still hold the price if they start again. compare saa gen 1 vs gen 2 vs gen3

[jaybirdjtski]

Unless you're in a huge rush to sell it I suggest going to www.gunbroker.com and typing "Colt Python" in the search window. Then add those like yours to a watch list and see which ones actually sell and for how much.

I'd also suggest going to www.proxibid.com and do basically the same thing in the "firearms" category. Proxibid is an online clearing house of sorts where auction houses around the US (and some in other countries) can list items to be sold at auction. You can pre bid online and then live bid the day of the auction. Typically collectible guns sold like this bring more money but the seller (an buyer) pay a %. It varies by auction house. Rock Island Auction seems to get the big money buyers but other houses that are reputable also get good selling prices.

Since I have a Python similar to yours I tend to watch prices paid. My best guess is $2500 - $3000. A revolver like the Python would sell for more than that if produced new today so I'd suggest holding onto it. They are pretty much a work of art IMHO!