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Thread: S&W 28-2 value

  1. #1
    Boolit Master
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    S&W 28-2 value

    I found a 28-2 which has a very slight bulge about 1/2 way down the 6" barrel. Other wise it is in pretty good condition. The owner says the practical accuracy is not affected by the bulge and if I'm not satisfied I can return it.

    What should I offer for this?
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  2. #2
    Boolit Grand Master Texas by God's Avatar
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    $200 max. And that's generous.

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  3. #3
    Boolit Master
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    Bought my first one new in the blue box for $93, but....that was in 1967. I'll buy it for $200 if you don't want it. My son is a gunsmith, won't cost me as much to fix it.

    Dick

  4. #4
    Boolit Master RED BEAR's Avatar
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    It is worth what ever its worth to you while the bulge definitely detracts a good amount i have had a few with bulges that shot just fine. If you want it as a shooter and he is willing to let you try it. If you think you might sell it down the road it just will not bring that much with a bad barrel.

  5. #5
    Boolit Master
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    Depends on how bad the bulge is and the condition of the rest of the gun. Even without a barrel, the gun would be worth more than $200 assuming it functions and doesn't have any rust. I'd guess somewhere around $300 to $400 would be reasonable if the bulge isn't too bad. If the bulge looks like the barrel is about to split I'd want it for closer to $300. Ask to meet up at a shooting range and see how it shoots.

  6. #6
    As a S&W affectionado I have watched M28 prices go up and concur that it is worth more than $200. I also concur with the poster who predicted resale problems. Whether or not the bulge makes any practical difference is overshadowed by the fact that it is there.

  7. #7
    Boolit Grand Master
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    Quote Originally Posted by roysha View Post
    I found a 28-2 which has a very slight bulge about 1/2 way down the 6" barrel. Other wise it is in pretty good condition. The owner says the practical accuracy is not affected by the bulge and if I'm not satisfied I can return it.

    What should I offer for this?
    While the bulge may not be fatal to accuracy, I'd be curious as to what the owner considers practical accuracy to be.

    I wouldn't offer a lot. The Model 28 is a fine gun and worth far more than $200 but that barrel bulge is not a trivial issue. As much as I like the N-frame .357 magnums, I wouldn't offer much over $200.

    If I had a source for a replacement barrel, I might be a little more enthusiastic.

  8. #8
    Boolit Buddy
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    I bought one for 400 about 3 years ago. It is a four inch and in good shape.. They have went up around my neck of the woods. I seen one at the gunshow the other day that could have been bought for 550.
    no bulge though

  9. #9
    Boolit Mold
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    At 200 it would be a fine candidate for the 44 special treatment

  10. #10
    Quote Originally Posted by weik View Post
    At 200 it would be a fine candidate for the 44 special treatment
    Having once done a Model 28 conversion it is my experience that it is ultimately both cheaper and more satisfying to buy whatever it is one wants in the first place. Someone with the tools and skills to do the shopwork could well disprove that.

  11. #11
    Boolit Master
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    Depends on the cost for a new barrel and the work required to replace it if the accuracy of the current barrel is not good.

  12. #12
    Boolit Grand Master
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    My guess is the guy that is selling it is having a hard time selling it.

  13. #13
    Boolit Grand Master Outpost75's Avatar
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    Cost to rebarrel would probably be about $100 labor plus cost of the barrel.
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  14. #14
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    The six inch versions are valued at less than the four inch ones, but it’s been said recently on the S&W forum that any working pre-lock N frame is worth $400. I’m not sure I agree, but it’s been said.
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  15. #15
    Boolit Master
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    I'd give $200 for it in a heartbeat, probably $300 as I have a spare 4" barrel for a 28-2.

  16. #16
    Boolit Master
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    Price of the gun, price of parts if available, gunsmith charges, shipping and travel or both. Possible hidden damage and worth of gun when repaired. What is a good one worth ?

    I have bought damaged guns if it was something I thought I could fix. I like to tinker but not being a gunsmith does put a limit on things. Sometimes it worked and sometimes it didn't. These days I tend to let it let someone else have the problem. I have also had gunsmiths make a mess, I can do that without paying for it.

    People have a different take on things, not always wrong , just different.

  17. #17
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    JonB_in_Glencoe's Avatar
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    While it's not common to buy a used S&W for the value of the parts, If the gun is in excellent condition except for a barrel bulge, the parts could be worth upward of $500 and beyond.

    I concur with Weik about it being a potential 44 spl project.

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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