Palmetto Jack Posted February 8, 2024 Posted February 8, 2024 Parting is such sweet sorrow. Up for sale is my 6" Colt Python mfg. in 1974. This is an absolutely gorgeous firearm that looks like is has never been fired. I have not and the previous owner could not verify. It is boxed, however this is the WRONG BOX for the python. I repeat, this is the wrong box. (Long story.) This firearm will be shipped from my FFL to yours. I will estimate shipping at $45 but you may want to insure for extra value. I am asking $2995.00 Please PM me with additional questions. Thanks for looking.
Kid Death 6683 Posted February 8, 2024 Posted February 8, 2024 In '74 that gun sold for about $400. Just goes to show what's happened to our dollar, hale to the chief.
hussygun Posted February 8, 2024 Posted February 8, 2024 Yep, bought new one in 1976 , was about 450 with tax . My buddies thought that was crazy high at the time. a m27 smith was 100 -125 less. 250 -275 for a m19 or m28 at that time. The original python was a premium revolver then as is now
Bramble Mountain Buzzard Posted February 8, 2024 Posted February 8, 2024 And if you'd have put that same money in an IRA mutual fund, it would be worth well over $13,000 today. Guns are for the most part, not a great long term investment. But they sure are fun.
Uriah, SASS # 53822 Posted February 9, 2024 Posted February 9, 2024 $450 at 8% over 48 years $13,000? I don’t have the right calculator.
runs with scissors Posted February 9, 2024 Posted February 9, 2024 Actually would be worth over $14k. Rule of 72. Interest rate times #years = 72 to double your money. if you assume interest rate of 8% your money will double every 9 years.
Abilene, SASS # 27489 Posted February 9, 2024 Posted February 9, 2024 Well heck, you can double it in 20 seconds if you don't mind a slightly better than 50% chance that you will lose it all. edit: since this is after all about a Python, I'll mention that my brother has one just like it! That royal blue doesn't really show up well enough in pictures. Mine is 8" nickle.
BenW Posted February 9, 2024 Posted February 9, 2024 Abiline, I have an 8" nickle Python also, they don't seem to be very common.
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