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Old May 10, 2013, 06:04 PM   #1
BoogieMan
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Colt peackeaper

I have seen a couple of these for sale. Al of the ones I have seen are matt finish that looks kind of like parkerize. Whats would be a fair price to pay for a 4" barrel 357 in VGC? S/N 488xxV
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Old May 10, 2013, 06:44 PM   #2
Dfariswheel
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The Peacekeeper was nothing more then the Colt Trooper Mark V, with a flat parkerized finish.
During the big Colt strike in the 80's Colt didn't have enough people still on the job to polish every model, so they put the people they had on the higher end guns like the Python and brought out a line of un-polished guns with flat black finishes.

The strike version of the Trooper Mark V was the Peacekeeper, the Detective Special version was the flat black Commando Special.

488xxV was made in 1985 or 86.
Value is hard to state due to the fast rising Colt market. On one hand, the Peacekeeper is often less desirable due to the rough finish, on the other hand it's desirable due to the low number made.

As a wild guess....$450.
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Old May 10, 2013, 08:04 PM   #3
BoogieMan
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Thank you for your opinion. Seeing as Colt no longer makes any DA revolvers and if they start again it will be a new series, would you say they will continue to increase in value?
If I plan to shoot it regularly does it destroy most of the future value?
Is the quality of the revolver (less finish) in line with Trooper etc...
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Old May 11, 2013, 03:31 PM   #4
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I like Colts and I never liked the Peacekeeper or the other flat blue finished Colt revolvers. The only reason I would ever buy one is rarity or extremely good pricing.

You're thinking 357's now.... As I mentioned in your other thread, I love my 6" Trooper Mark III. It shoots great. I have always wanted a 4" to go with my 6", but really don't need it. Would rather pick up a 4" 22LR or 22 WMR version.

Not sure about pricing as that is not one I pay much attention to. Value will likely continue to go up slowly but it is one of the less desireable Colt models for collectors. I suspect the dealer asking price reflects this. I'd do some searches on Gun Broker and see the selling prices. The current 2013 Blue Book lists a 100% Peacekeeper at $575 and a 98% one at $450 (as a reference). I think you're better off with a standard Mark V or Mark III which are valued about the same in blue finish.

Value will be determined by condition, rarity, and collector interest with Colt revolvers. If you take care of it, I suspect it will never drop below 95-96% condition regardless of any normal amount of shooting.
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Old May 11, 2013, 04:13 PM   #5
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Quote:
Seeing as Colt no longer makes any DA revolvers and if they start again it will be a new series, would you say they will continue to increase in value?
You're talking in terms of investment dollars. Firearms, when compared to traditional investments, are very poor. Colts are priced high now. You'd have to pay high prices only to watch market value climb very slowly.

Quote:
If I plan to shoot it regularly does it destroy most of the future value?
What do you call "regularly?" And, what type ammo? Also, what type shooting?

Firing thousands of full charge ammo through a gun will hurt its value. Also, if you fire thousands of rounds of double action shooting, that is going to mess with the timing, a problem prone to Colts anyway.

Quote:
Is the quality of the revolver (less finish) in line with Trooper etc...
Read dfariswheel's comment again. He's like, our token gun historian.
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Old May 11, 2013, 06:34 PM   #6
Dfariswheel
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If a new gun is fired even one time the bloom is off the rose, so limited shooting will not have much effect on value.
What lowers value is getting the finish worn more or it developing mechanical problems, something the later Colt's weren't prone to.

The Peacekeeper is the same quality internally as the Trooper Mark V. It was just the outside that was changed to the unpolished parkerized finish. The Peacekeeper is every bit as tough and durable as the polished Trooper Mark V.

Like all Colt's the Peacekeeper will continue to increase in value, and it's possible they'll go up faster due to the lower production.

Bottom line, shoot your Colt and enjoy it. Since it's not new in the box it will be many, many years before it ever becomes anything like a collector's gun, so you might as well have fun with it.
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Old May 13, 2013, 08:44 PM   #7
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Good guns. I sold one 4 or 5 years ago for around 500. Relatively few come up where shop.
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Old May 16, 2013, 08:17 AM   #8
BoogieMan
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It ended up going over $700. IMO it was to much for that gun. The only real draw for me was that it was a Colt and spins backward.
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Old May 16, 2013, 09:10 AM   #9
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I really had the hots for one of these back when they first came out. Along with the 8" scoped version they called The Whitetailer. Still wouldn't mind having one but now I think the collectors are after `em for no other reason than they carry the Colt name and are no longer manufactured.
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