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Thread: bought a 1967 Colt Python. was it as good of a deal as I think?

  1. #61
    Boolit Master

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    You did a good thing!! I would have done it also, and as for that lgs, hope you done with them. Here’s my Python story;30+ years ago, I was cleaning guns for a local pawn shop, you know, wipe ‘em down once a week, stuff like that. After 6 months of this, the owner asked me if I would like to buy a colt python he had in the display case?? Sure, if I can afford it!! He says, “ I can’t sell it because it’s not a magnum gun”
    Huh?? Ok, now I’m interested!! I had just sold an o/u skeet gun, so I’m flush, ya know! So, for the whole sum of $325, cash, I now owned a practically brand new Python .38 spcl target gun!! It’s still in my safe! ( where it’s going to remain) .
    I firmly believe that you should only get treated by how you act, not by who or what you are!!

  2. #62
    Boolit Master Clark's Avatar
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    17 years ago I got Turkish Mausers aT $55 out the door at BIG, now worth as much as $250 = 9% compounded annually
    17 years ago I got AMZN stock at $10/share, now worth $1681 = 35% compounded annually

    Click image for larger version. 

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    I cut and welded the bolt handles on the turks. The Turks are taking up a lot of gun safe space.
    AMZN stock required no welding, and stores on my on line brokerage accounts.

  3. #63
    Boolit Master


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    The amzn stock was a gamble and at one point very nearly became a write down vs an investment. The firearms on the other hand were virtually guaranteed to go up.

    Had you got on the Turks 25 us ago, your return would be nearly tripple.

    During the end times, or a market crash, monetary change, etc, paper money might only be good for lighting fires, and electronic money could be a fond memory.

    Those turks on the other hand would immediately become nearly priceless for someone needing a firearm.... Everything is a gamble.

  4. #64
    Boolit Master
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    Collectibles, guns, cars, etc are all a gamble and rarely keep up with inflation.

    You can make some good deals if you 'buy low, sell high'. Many of these are due to the overall economy and gun laws or the perception of changes in gun laws.

    I made $300 in one year when I got a MAK90 cheap and sold for much more a year later. Now days they are worth less than I paid for it originally. ARs are the same kind of deal.

  5. #65
    Boolit Master


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    If your gun investments aren't keeping up with inflation, quit buying hipoints. You are simply buying the wrong guns.

  6. #66
    Boolit Master
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    You mean like the Python? They just don't.

  7. #67
    Boolit Master Rodfac's Avatar
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    yup. twice the gun at 1/2 the cost. Ill add the K frames to that. A 19 is just as strong as a python, most ive shot are more accurate and reliable and actually easier to shoot DA. Lots of money for a fancy bluing job.
    Pretty much my thoughts as well...there's no comparison, especially in DA mode, between an ordinary S&W and any Colt revolver. But then, the Python appeals to collectors...and I'm a shooter, first and foremost. The only safe queen I own is a 1931 M1903A1, National Match, and even that wonderful piece of history went back to Perry with me in '06 for the '03 CMP match...(scored 92 the day prior on the 600 yd practice zero range!, but fumbled my reload in sitting rapid in the match a day later for a silver medal overall.)

    All that said...kudos to the OP who did the right thing. I bet he'll remember doing a good deed longer than the pleasure of owning Colt's famous revolver. Rod
    Last edited by Rodfac; 12-08-2018 at 10:06 AM.

  8. #68
    Boolit Master


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    Quote Originally Posted by charlie b View Post
    You mean like the Python? They just don't.
    If I was going to use a python as an example, I would have, but didn't.

    On the other hand. My anaconda I bought new 20 ys ago for less than 400, is now worth many times that.

    400$ in EE savings bonds purchased at the same time just barely doubled as a comparison.

  9. #69
    Boolit Master


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    Quote Originally Posted by Rodfac View Post
    Pretty much my thoughts as well...there's no comparison, especially in DA mode, between an ordinary S&W and any Colt revolver. But then, the Python appeals to collectors...and I'm a shooter, first and foremost. The only safe queen I own is a 1931 M1903A1, National Match, and even that wonderful piece of history went back to Perry with me in '06 for the '03 CMP match...(scored 92 the day prior on the 600 yd practice zero range!, but fumbled my reload in sitting rapid in the match a day later for a silver medal overall.)

    All that said...kudos to the OP who did the right thing. I bet he'll remember doing a good deed longer than the pleasure of owning Colt's famous revolver. Rod
    Pythons are not solely relegated to collection only.

    It's not too hard to find former LEO models.

    At least a few HP departments used these as issued duty guns.

    That gets you a gun that may have some honest holster wear, but usually not very much use on the action.

    That's the best of both worlds. Good custom shop built gun, but with the wear, you aren't killing the collector value of an unspun safe queen with zero turn line and mint 500$ original grips.

  10. #70
    Boolit Master Clark's Avatar
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    If you are going to collect something, Pythons take up less room than cars or tractors.

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Abbreviations used in Reloading

BP Bronze Point IMR Improved Military Rifle PTD Pointed
BR Bench Rest M Magnum RN Round Nose
BT Boat Tail PL Power-Lokt SP Soft Point
C Compressed Charge PR Primer SPCL Soft Point "Core-Lokt"
HP Hollow Point PSPCL Pointed Soft Point "Core Lokt" C.O.L. Cartridge Overall Length
PSP Pointed Soft Point Spz Spitzer Point SBT Spitzer Boat Tail
LRN Lead Round Nose LWC Lead Wad Cutter LSWC Lead Semi Wad Cutter
GC Gas Check