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Value: Automatic colt calibere 38 rimless smokeless

Discussion in 'The Ask the Pros & What's It Worth? Forum' started by George Waterson, Nov 18, 2016.

  1. George Waterson

    George Waterson New Member

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    Nov 18, 2016
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    Was passed down to me in the family, I am just looking for a value, I have searched the forum found something similar but no value listed please help. Thanks for your time.

    Colt Automatic 38 calibere rimless smokeless
    PATENTED APR 20 1897,SEPT 9 1902
    Sn:20567
    20161118_191511.jpg 20161118_191200.jpg 20161118_191432.jpg
     

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  2. rhmc24

    rhmc24 Well-Known Member

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    Your Colt 1903 Hammer (as opposed to 1903 Hammerless), $900, maybe more depending on hands on exam ----->
     
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  3. George Waterson

    George Waterson New Member

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    Thank you
     
  4. TBVeith

    TBVeith New Member

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    They are almost correct with the $900 estimate but your gun is early (1906) with a round hammer which adds 30% so $1170+ minimum. The condition looks really good so maybe even more. 90% condition $2500. I just got 38 ACP ammo from: A Call to Arms, LLC in Standish Maine. www.ammo-one.com or call 207-648-4087. The more you buy the cheaper per box. Only shot one clip so far. A really fun gun.
     
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  5. Big Mak

    Big Mak Well-Known Member Supporting Member

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    Blue book isn't always accurate but it's a place to start. The market will drive that real value up or down, especially when bidding!

    One of my books has the 1903 Pocket Hammer pistol at $2000 for 90% condition, add 30% for the early round hammer. You've got a highly-sought after pistol and I'm confident it would go for more than $2500 in an online auction. I've bid on a few myself but the prices just got up there too high for me to justify the cost.
     
  6. rhmc24

    rhmc24 Well-Known Member

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    My guestimate of $900 was based on my recent experience. I had one about 50% at LGS for months priced at $600, no sale. Took it home. Answered someone's forum post wanting one & got my $600 ------>