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March 2, 2013, 08:49 PM | #1 |
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Join Date: February 10, 2009
Location: Atlanta, GA
Posts: 38
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Colt Government Pocketlite
My father gave me one of these wonderful guns as a gift a few years back. I kept it in the car for a couple years before retiring it to the safe.
Any idea what one of these things is worth these days? I see a lot of Mustang Pocketlites on Gunbroker and such, but rarely see a Government Pocketlite. |
March 2, 2013, 09:04 PM | #2 |
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Join Date: April 12, 2010
Location: Lake Martin, AL
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You do not mention finish or condition. Both are important particularly condition. You could be looking at anywhere from $250.00 (60%) up to $600.00 (100%) and thirty bucks more if nickel/stainless finish. I am referring to the 32nd edition Blue book of Gun Values.
Hope this helps. |
March 2, 2013, 09:08 PM | #3 |
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Thanks for the reply. It's blued (not stainless) and while I am no expert on evaluating condition, I'd guess it's about 80% condition.
But I'm also trying to figure out how rare this gun is. I know it's only about 15 years old, but I understand it only had a two (?) year run before Colt discontinued the model. It's a great little shooter so I hate to keep it in the safe, so I'm trying to figure out if it's worth doing so. |
March 2, 2013, 10:50 PM | #4 |
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Join Date: May 17, 2004
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USE IT IT WAS MADE TO BE CARRIED AN SHOT . Not keep locked in a safe
I have 2 Mustangs there carried and used 1 blue and other nickle .
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March 3, 2013, 08:18 AM | #5 |
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Join Date: February 10, 2009
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I love the thing, but if I have a near collector's item on my hands, which is what I was advised a few years ago, I don't want to muck it up.
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March 4, 2013, 10:29 AM | #6 | |
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Quote:
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March 4, 2013, 05:34 PM | #7 |
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Join Date: June 21, 2009
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Well, it might be of more collectors' interest if it was 95-100% condition, but 80% guns don't draw a lot of money unless they are extremely rare. Something made 70--140 years ago (Colt Single Actions, Lugers, etc) will bring good money @80%, but newer, modern production guns have less people collecting them, and prices/values vary, due to mixed demand. I have a Mustang Pocketlite, so I know of the Pocketlite Government, but would hesitate to place a top value on it for the above reasons. I'm, going to guess you could find a buyer for between $450 and $650, but to go too far above retail for similar .380's on the market (SIG, and the new Colt Mustang) would be risky, especially since your gun has noticeable wear.
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