The Genesis of a Legend: History and Origins
To truly understand the value of a Smith & Wesson Model 27 2, one must first journey back to its roots. The story begins long before the -2 designation, with the creation of the original Smith & Wesson Model 27. Developed in response to the growing demand for a powerful handgun, the Model 27 was conceived with the guidance and influence of the legendary firearms expert, Elmer Keith. Keith, a staunch advocate for the .357 Magnum cartridge, recognized the potential of a revolver capable of handling this potent round.
The genesis of the Model 27 is directly linked to the genesis of the .357 Magnum itself. Designed to outperform the .38 Special, the .357 Magnum was a game-changer, offering superior stopping power and longer effective ranges. This new caliber demanded a robust and reliable platform, a requirement that Smith & Wesson met with the Model 27. The gun was initially conceived as the “Registered Magnum”, emphasizing the level of individual customization and the high-quality standards that characterized the early models. This original version, hand-fitted and meticulously crafted, set a precedent for excellence.
The Model 27 quickly gained a reputation for its accuracy, durability, and classic aesthetics. The sleek lines, the deep bluing, and the perfectly balanced feel made it a favorite among law enforcement officers, target shooters, and discerning gun owners. This firearm wasn’t just a tool; it was an extension of the user, a symbol of authority and skill. The original design was so successful that it became the benchmark for other powerful revolvers in the decades that followed.
The Origins of the Model 27
Early development and design (influence from Elmer Keith)
The original “Registered Magnum” and its legacy
Transition to the Model 27-2
Timeline of the Model 27 production and evolutionary steps.
Key features distinguishing the -2 version from other iterations.
Production years and the specific characteristics of the -2.
A Closer Look: Features and Specifications
The Smith & Wesson Model 27 2 is more than just a name; it’s a collection of precisely engineered components working in perfect harmony. One of the first things you’ll notice is its imposing presence. Built on Smith & Wesson’s robust N-frame, this revolver exudes strength and durability. This frame size provided the necessary bulk to handle the recoil of the .357 Magnum cartridge.
The Model 27-2, like its predecessors, was typically chambered for the .357 Magnum, allowing it to also fire the less powerful .38 Special rounds. The barrel length options added a degree of customization, with common choices including four, five, and six and a half inch barrels. The longer barrels often appealed to those who prioritized accuracy and extended the sight radius, while shorter barrels offered a more compact package for concealed carry or general use. The finish, primarily a deep, rich bluing, further enhanced the revolver’s aesthetic appeal. However, some variations, like those finished with nickel, can also be found.
The grips played a significant role in the comfort and handling of the revolver. The Model 27-2 was often fitted with beautifully crafted wooden grips, either checkered or smooth, providing a secure and comfortable hold. Target grips, with their larger size and ergonomic contours, were favored by competitive shooters, offering enhanced control and stability.
Mechanically, the Model 27-2 is a marvel of precision engineering. Its double-action/single-action (DA/SA) mechanism allows for both rapid firing (double-action) and precise shot placement (single-action). The cylinder, typically holding six rounds, is a key component, designed to withstand the pressures generated by the .357 Magnum cartridge. The sights, usually a fixed front sight paired with an adjustable rear sight, contributed to the revolver’s impressive accuracy. The trigger and hammer, carefully designed and crafted, delivered a smooth and consistent action, contributing to the shooter’s ability to consistently place accurate shots.
Physical Attributes
Caliber (.357 Magnum)
Barrel length options and their impact on value.
Frame size (N-Frame)
Finish (e.g., blued finish, nickel) and its condition.
Grip options (e.g., wood grips, target grips)
Mechanical Details
Action (double-action/single-action)
Cylinder construction
Sights (types, original vs. replacement)
Trigger and hammer design
Evaluating the Treasure: Factors that Influence Value
The value of a Smith & Wesson Model 27 2 is not a static number; it’s a dynamic figure influenced by a range of interconnected factors. These elements can dramatically affect how much a particular revolver is worth.
The condition of a firearm is paramount. A Model 27-2 in “mint” condition, meaning it is in pristine condition, with no signs of wear or use, will command a significantly higher price than one that has seen considerable use. The originality of the finish is also a critical factor; a factory-original blue finish will always be more desirable than one that has been refinished. The presence of any wear and tear, such as scratches, dings, or rust, will, of course, negatively impact the overall value.
Rarity and collectibility play a crucial role in determining a revolver’s worth. While the Model 27-2 was produced in relatively significant numbers, certain variations are rarer than others. For instance, models with specific barrel lengths, rare finishes, or special factory features can be more valuable. Furthermore, revolvers in exceptional condition with all their original parts and accessories will always be more sought after by collectors.
Provenance, or the history of ownership, can significantly impact a firearm’s value. A Model 27-2 with a well-documented history, such as one that belonged to a famous person or that was used in a significant historical event, can be extremely valuable. Original boxes, papers, and manuals are also considered desirable, as they contribute to the revolver’s completeness and authenticity. Factory letters or documentation from Smith & Wesson verifying the revolver’s production date and specific features can further add to its value.
Market conditions also have a bearing on the price of a Smith & Wesson Model 27 2. The demand for vintage revolvers, as well as the overall trends in the firearms market, affects prices. A limited supply of Model 27-2s in good condition coupled with high demand will result in higher prices. Conversely, a drop in demand may lead to a temporary decrease in value.
Condition
Assessment of condition (mint, excellent, good, fair, poor).
Importance of original finish.
Impact of wear and tear (scratches, rust, etc.)
Rarity and Collectibility
Production numbers of the Model 27-2.
Factors that make a gun more collectible (rare features, matching numbers, etc.).
Variations within the -2 model that add to value.
Provenance and Documentation
Importance of original boxes, papers, and manuals.
If the firearm has a known history (e.g., ownership by a famous person)
Factory letters and authentication.
Market Conditions
Current demand for vintage revolvers.
Trends in the firearms market.
Supply and demand.
The Appraisal Process: Putting a Price on History
Determining the precise worth of a Smith & Wesson Model 27 2 requires a systematic approach. Many methods can be employed, each offering unique insights into the market value of your specific firearm.
One of the most effective starting points is to consult online auction sites. Websites like GunBroker offer a wealth of information on past sales of similar revolvers, giving you a good idea of current market prices. Thoroughly examine the listing descriptions, photos, and the final selling prices.
Attending gun shows or visiting reputable firearms dealers can also provide valuable insights. Dealers often have an in-depth knowledge of the market and can provide a professional assessment of your Model 27-2. Be sure to compare prices and seek multiple opinions before making any decisions.
Online gun forums and communities are excellent resources for gathering information. Enthusiasts and collectors can provide valuable insights into the history, features, and value of the Model 27-2. They can also share their experiences and insights.
Price guides, such as the Blue Book of Gun Values, offer a general guideline for valuing firearms. These guides provide estimated prices based on condition, rarity, and other factors. Keep in mind that these are just guidelines and may not reflect the actual market value of your specific revolver.
During any appraisal, remember to carefully consider the serial number, as this can provide valuable information about the revolver’s production date. The originality of all parts and the presence of matching numbers are critical factors. Always perform a thorough inspection to identify any alterations or damage. A fully functioning, well-maintained Model 27-2 is far more valuable than a non-functional one.
Research Methods
Online auction sites (e.g., GunBroker)
Gun shows and firearms dealers.
Online gun forums and communities.
Price guides (e.g., Blue Book of Gun Values)
Key Considerations During Appraisal
Serial number verification.
Matching numbers.
Originality of parts.
Thorough inspection for alterations or damage.
Checking for proper functionality.
Examples of the Worth: Illustrative Scenarios
To gain a more concrete understanding of the valuation process, consider these examples, which are illustrative and should not be taken as definitive appraisals.
A Smith & Wesson Model 27 2 in “mint” condition, still in its original box with all of its paperwork, could easily command a premium price. This type of collector’s item could see a value that far exceeds a revolver that has seen significant wear. The rarity and the degree of its original condition make it the most desirable.
A Model 27-2 in good condition, showing some signs of use but well-maintained, without its original box and papers, would typically have a lower value. The value of such a firearm would depend on factors like the extent of wear, the originality of the finish, and other details.
A Model 27-2 in fair condition, with significant wear, possibly with some replaced parts, will have a lower value than revolvers in better condition. In this scenario, the value is primarily tied to its historical significance.
Guidance for Buyers and Sellers
Whether you’re looking to acquire or part with a Smith & Wesson Model 27 2, it’s important to follow a few key strategies to ensure a successful and satisfying transaction.
For buyers, doing extensive research and due diligence is critical. Take the time to learn about the Model 27-2, its history, its features, and its potential value. Seek out experienced advice from knowledgeable collectors and dealers. Request an inspection period to carefully examine the revolver before committing to a purchase. Familiarize yourself with all the legal aspects of firearm purchases, including background checks and registration requirements.
For sellers, transparency and accurate descriptions are paramount. Clearly and honestly describe the condition of the revolver, highlighting any flaws or imperfections. Proper documentation is essential; have any original boxes, papers, and manuals available. Be prepared to provide detailed photographs of the revolver. Consider offering realistic pricing and be willing to negotiate.
Advice for Buyers
Due diligence and research.
Importance of an inspection period.
Understanding the legal aspects of firearm purchases.
Advice for Sellers
Accurate description of the firearm’s condition.
Proper documentation and disclosure.
Realistic pricing and willingness to negotiate.
Concluding Thoughts: Preserving a Legacy
The Smith & Wesson Model 27 2 is more than just a firearm; it’s a piece of American history, a symbol of quality craftsmanship, and a testament to the power of innovation. The revolver’s sleek design, its impressive capabilities, and its rich history combine to make it a highly desirable item for collectors and enthusiasts.
Understanding the history of the Model 27-2 and the factors that influence its worth is crucial to appreciating the legacy of this iconic revolver. By carefully assessing its condition, researching its background, and understanding current market trends, you can determine the value of your own Model 27-2, or pursue your own acquisition with confidence. Owning a Smith & Wesson Model 27 2 is like owning a piece of art; appreciating its beauty, its craftsmanship, and its historical significance is to celebrate a significant chapter in the history of firearms. Whether you’re a seasoned collector or just starting your journey into the world of vintage revolvers, the Smith & Wesson Model 27-2 offers a fascinating glimpse into the past. The thrill of the hunt, the joy of discovery, and the satisfaction of owning a classic like the Smith & Wesson Model 27 2 are rewards in themselves.
