The Smith & Wesson Model 500 is a legendary handgun, renowned for its immense stopping power and the sheer .500 Magnum round it fires. But the power comes at a price—literally. Understanding the pricing of a Smith & Wesson 500 requires considering several factors. This guide delves into the various aspects influencing the cost of this powerful revolver, helping you navigate the market and make an informed decision.
Factors Affecting Smith & Wesson 500 Prices
Several key factors contribute to the wide range of prices you'll find for a Smith & Wesson 500. These include:
Condition: New vs. Used
- New: A brand-new Smith & Wesson 500 from an authorized dealer will command the highest price. Expect to pay a premium for a firearm in pristine, unfired condition, complete with all original accessories and documentation.
- Used: The price of a used Smith & Wesson 500 can vary dramatically depending on its condition. A well-maintained used revolver with minimal wear will still fetch a significant price, but one showing significant wear and tear, or with missing parts, will be considerably cheaper. Thoroughly inspect any used firearm before purchase.
Barrel Length and Features
The Smith & Wesson 500 is available in various barrel lengths, influencing its price.
- Shorter Barrels (e.g., 4-inch, 5-inch): Generally less expensive, these offer greater maneuverability but slightly less velocity than longer barrels.
- Longer Barrels (e.g., 8 3/8-inch): These tend to be pricier, providing increased accuracy and muzzle velocity.
Additional features, such as adjustable sights, different finishes (stainless steel versus blued), and custom engravings, will also impact the price.
Accessories and Extras
The inclusion of accessories like extra speedloaders, holsters, or carrying cases can add to the overall cost. Dealers may offer packages that bundle the revolver with these accessories, sometimes at a slightly discounted price.
Market Demand and Location
The price of a Smith & Wesson 500 can fluctuate based on current market demand and your geographic location. High demand in certain areas may drive up prices, while less popular regions might offer slightly lower prices. Online marketplaces and gun shows often reflect these regional price variations.
Seller Type
Prices can also vary based on the seller. Expect to pay different prices from a licensed firearms dealer versus a private seller. Dealers usually offer warranties and may offer financing options, while private sales often involve a lower price but with less protection.
Typical Price Ranges for Smith & Wesson 500 Revolvers
Providing exact pricing is difficult due to the factors mentioned above. However, here's a general idea of price ranges you might encounter:
| Condition | Barrel Length (inches) | Approximate Price Range (USD) |
|---|---|---|
| New | 8 3/8 | $1,500 - $2,200+ |
| New | 5 | $1,300 - $1,900+ |
| Used (Good) | 8 3/8 | $1,000 - $1,800 |
| Used (Good) | 5 | $800 - $1,500 |
| Used (Fair) | 8 3/8 | $700 - $1,200 |
| Used (Fair) | 5 | $600 - $1,000 |
Note: These are estimates only and can vary significantly depending on the factors discussed above. Always check multiple sources for accurate pricing information.
Where to Buy a Smith & Wesson 500
- Licensed Firearms Dealers: This is generally the safest option. Dealers can provide information on proper gun safety and handling. They often offer warranties and financing options.
- Online Marketplaces: Sites like GunBroker.com offer a wide selection but require caution; thorough research and understanding of the seller's reputation are essential.
- Gun Shows: Gun shows can be a good place to find deals, but buyer beware. Thorough inspection of any firearm before purchasing is critical.
Conclusion: Navigating the Smith & Wesson 500 Market
The Smith & Wesson 500 is a powerful and sought-after firearm, and its price reflects that. Careful consideration of the factors outlined above—condition, barrel length, features, market demand, and seller type—will help you make an informed purchase decision. Remember always to prioritize safety and legality when buying any firearm. Consult local laws and regulations before purchasing a firearm.