If the new Gen Pythons were being built using the same tooling and machines, being hand fitted and using the same quality bluing... Then agree 100% with your speculation.

But these new Gen ones are not the same Pythons... Not even close. Completely different action, different frame, different sights, different trigger and hammer and they have ugly qr codes and SN in horrible places. They seem to be a well built revolver with Colt Python stamped on it but if you're a collector wanting a true Python and the reasons behind why it is so special... Buying one of the new ones is not going to fill that ticket.

Most people buying and collecting Pythons today for the reasons I mentioned above, especially those willing to spend the premium on them like they been... Are not going to be satisfied with putting a the new Gen in the safe and calling it a collectable Python.

These new ones are going to be bought for the most part to shoot... And shoot a bunch. No one buys a collector Python (NIB or LNIB) to take it out and go shoot it a bunch at the range.

I don't see NIB or LNIB original Pythons taking any hit outside of the drop that's already happened. Shooter grade Pythons might take a hit but they are already at $1600-2200 range anyway. The new Gen Pythons are selling for $1600+ already.

Given a choice, I bet most Python collectors would take a well cared for older shooter Python over a new Gen if both were $1600.

 

Going to be interesting to say the least. I still see some of these being socked away to collect. The demand vacuum left behind from the long absence is too great and there is a whole different generation of wheel gun and python lovers around.

I love Smiths as much as Colt and have a pile of them, all P&R mostly. Cant really compare the Smith classic line and its lack of driving down the price on the old ones because it seems Smith really missed the mark with them having sleeved 2 piece barrels and that heinous lock. I would have bought several out of that line instead of the more expensive vintage ones I ended up buying

 

Yup. Speaking from experience... the new S&W revolvers don't compare to the older ones. The limited run "Heritage Series" comes close... but anything with a lock doesn't feel the same... or sound the same.

I get why Smith and Ruger are doing sleeved barrels. It saves time, labor, and machining when "clocking" the barrel during B/C gap adjustment. Newer metallurgy might be stronger... but I'd still take an older Smith over a newer one, and I think many people feel the same way. That's why the older ones hold their value... and are going for as much or more than a new one.

Same for the new Python. I will buy one as a shooter when prices get realistic. It's supposed to be the same dimensions as the original... but with a better action that doesn't need "hand tuned". My only question on the new one is if Colt is still making the barrel with the slightly tapered bore... that gave the Python it's legendary accuracy.?

I bought my slightly fired '76 blue for a decent price... with barely a turn line. If I hang on to it for another 20 years... I ought to be able to make a few dollars on it. The older and cleaner... the more it should be worth over time.

 

Any prediction is valid given that’s what it is! I have a ‘70 Challenger R/T that I’ve had for 26 years. I wondered what would happen to prices when Chrysler brought out the “retro” Challenger in 2010. Well, some interesting things happened. Although the new Challenger was nice, it really didn’t look like the old one. However, it was close enough that a younger generation started looking into the older Challengers as well as the new ones. As a result, I get a lot of young folk checking out the car at car shows...

So, I wouldn’t be too surprised to see younger folk buying the 2020 Python then finding out that they would also want to have an original as well...

Guess we’ll find out!

 

You know I never looked at it that way whatsoever. But makes perfectly good sense.

 

There are Pythons, and there are Pythons - these aren't, because a big part of the mystique is the hand-fitted action of the old ones, and that will be the delineator.

These will be 'Python-marked' shooters, but like the new Cobra, these will be what they are, and that won't appeal to the purist.

 

Very valid point my forum friend. ^^^^

 

IMHO if you own a truly NIB older Colt Python you have lost no value. And if you are like me >>> Does it really matter if you are never going to sell it anyway ??? I don't think so.

 

I'm with you WVCOLT! I paid $600 for this 1962 nickel 4" back in the day, before I had any grey hair. It ain't going anywhere.

 

How can this drop in value?

 

How can this drop in value? View attachment 672207

NO WAY IN H**L !!!!!!!! Fantastic looking Python my forum friend !!!!!!

 

How about one like this dropping in value ?? 1969 NIB Serial Number 99,xxx.

 

I posted this in the Python 2020 Thread but I think it's appropriate here also.

"Also, I feel there will always be some very collectable variants of the original Pythons but I'm definitely glad I don't have a safe full of 4" and 6" Stainless Pythons currently, bought at what they've been selling for over the past couple of years."​

 

Yes. So many great comments here on what could, would, should, and can happen with the new Python introduction to the market. As is yours here my friend. Makes good sense.

 

My feelings on Pythons has always been I didn't like the "modern" way they looked, I saw no reason for a ventilated rib (what, it needs to dissipate heat?!) and the giant grips didn't feel good in my smaller hands. I much prefer the gun from where they came: the Officers Model. I never wanted a Python, but figured if some grandpa had one for cheap, I might try. I surely wasn't going to pay the boom-time rates, I always go for sleepers that everyone else is ignoring. Then, strangely, I got one right before the new year. And at a popular gun shop no less!

Here is what happened. I had some money burning a hole in my pocket (you guys know the feeling), and the gun shop had a new production SAA for $1800 or such. But it had a bad smudge and faded spot on the case coloring, so I passed. He also mentioned an old Python in the case, I glanced at the price, it was $1675 or such. I thought to myself, "hmm...I thought these were all $2000 and up at gun shops now..." But I said I'm not really into them and didn't give it another thought.

About 2 weeks later I decided to run in there again, just to buy some ammo. As soon as I walked in the door he recognized me and said, quote, "I thought everyone wanted damn Pythons. I've had this sitting here for a month with no interest. I'm sick of it being here, I'll let you have it for what I have in it, $1300." I took a look, it wasn't bad for a shooter. After 20 min of playing with it and the trigger, and knowing early ones are "better" I thought what the heck. It's double or triple the price I pay for Officers Models, let's see if it's that much better. And bought it. It may drop in value a few hundred over the years I own it. The others may rise up to the same values around it. I don't know. But I would NOT have bought it for 2 grand.

 

My feelings on Pythons has always been I didn't like the "modern" way they looked, I saw no reason for a ventilated rib (what, it needs to dissipate heat?!) and the giant grips didn't feel good in my smaller hands. I much prefer the gun from where they came: the Officers Model. I never wanted a Python, but figured if some grandpa had one for cheap, I might try. I surely wasn't going to pay the boom-time rates, I always go for sleepers that everyone else is ignoring. Then, strangely, I got one right before the new year. And at a popular gun shop no less!

Here is what happened. I had some money burning a hole in my pocket (you guys know the feeling), and the gun shop had a new production SAA for $1800 or such. But it had a bad smudge and faded spot on the case coloring, so I passed. He also mentioned an old Python in the case, but I said I'm not really into them. I glanced at the price, it was $1675 or such. I thought to myself, "hmm...I thought these were all $2000 and up at gun shops now..."

About 2 weeks later I decided to run in there again, just to buy some ammo. As soon as I walked in the door he recognized me and said, quote, "I thought everyone wanted damn Pythons. I've had this sitting here for a month with no interest. I'm sick of it being here, I'll let you have it for what I have in it, $1300." I took a look, it wasn't bad for a shooter. After 20 min of playing with it and the trigger, and knowing early ones are "better" I thought what the heck. It's double or triple the price I pay for Officers Models, let's see if it's that much better. And bought it. It may drop in value a few hundred over the years I own it. The others may rise up to the same values around it. I don't know. But I would NOT have bought it for 2 grand.

For $1300.00 you done EXCELLENT !!!!! IMHO anyway. I was going to say if I could find a shooter for $1300.00 I'd grab it. But wait I can buy one now for $1500.00 and shoot the heck out of it. Thanks for a new thread on this much divided introduction of the New Python my friend.

 

I would say as a younger collector, I could see the price of some of the older ones stabilize, but continue to hold value because people like me in the under 40 crowd will like and shoot the new ones a lot and become hooked on fun they are and want to keep the collector market going my buying something that’s classic. Honestly, I feel like a lot of collectors are going to get the best of both worlds. This is an exciting opportunity that I have been waiting for Over the last five years and I finally get to retire my Blued 4 Inch shooter that I rescued from a Pawn Shop in Los Angeles.

 

Agreed. And a fine looking Python you have there. Thanks for sharing it with us here.

 

Will the new ones have the tapered rifling bore? Hand fitted action? Thought not. When colt went to the shorter grip frame of the lawman etc to me that marked the end of the old DA classic colts.

 

I agree, I like old craftsmanship on Colts. When I look at my 1910s-1930s American guns, some with high polish, some with fire blue, I think "there's no way a post war gun can be this nice." So pre-war is what I've always focused on. It would be fun to have a shoot-off with the new vs old. I'm sure that will happen a lot soon. Even with Winchesters, the pre-64s are the ones people always want.

 

As I understand it, the new Pythons can't come into California and a couple other states....yet? So in this scenario where we still only fight over the original Pythons already here, CA. will have it's own weird collector situation that excludes the new guns altogether. If new Pythons ARE tested and certified to enter the state but the original ones can't, I wonder if that will enhance the value of the originals to CA. collectors. CA. is it's own unique petri dish collector situation because of this stupid law. I love the concept and semi affordability of the new guns. Those videos are very positive. Waiting for you guys to let us know how your's shoots. They look beautiful and deserving of the Colt name. My E-nickel looks just like the new 4 incher in that shootin' video. Or vice versa.

 

People been saying the bubble will burst (including me some) for the past 5/6 years. They went higher and higher and leveled off some. If they go down (they will-stainless) it will be, at least in some part (most part imo), to the New Python. To most a python is a python if looks very close. Maybe 5-10% are like me and others here wanting the bank vault action. It’s hard for even 10% to soak up all those old pythons on the market. Plus I’ll bet a bunch will be dumping old ones like stock. If I had shooters I’d list them now or when the new ones first hit and bringing 2500-3k be the best time (short window tho). I don’t think the Royal blue guns (nib) will he hurt much, if any.

 

Wyatt, I agree, I love the new Pythons. I hope this thread won't be about how different and therefore "bad" they are. Just thought we could talk, as you are, about what it means to the Python boom of the past 10 years. I'll probably get one of the new ones, by the way. Though I agree with you they are "somewhat" affordable. I have a Navy buddy into Colts and showed him the new one. He said, "gosh, they're expensive". I thought I'd compare to the S&W Classics that have been coming out. Yep - he's right. A new Model 29 is like $1050 MSRP. Mod 19s even less.

 

Glad to see another New Python thread for yet more Pro's and Con's.... Thanks !!!!!!!

 

very hard to beat a blued python for looks......but one of the collector rallying crys was " they arent making them anymore" ......not sure where the old python market is going buttttttttt i dont think the new generation of pythons is going to HELP the market for the time being.......i can not see how it would not hurt the SS python market some.....jury is still out on the blued vintage market....

my opinions

 

Well if my story of the Python I just bought is a trend, the prices are already going down. This for a 4" blued 1961 in shooter condition.

 

I am biased for the older Pythons but the new one seems well made and has perked my interest to a degree. I had two blued 4" Pythons, one was a 99% and another I bought is about 95% which I wanted to shoot and do shoot. I couldn't stand to have the other one just sit on the shelf so I sold it with no remorse. I would only be interested in a new 4" if they make in a high polished blued otherwise I am happy with what I have. Having said that unless the new stainless ones come way down in price in the next few years, you never know I might consider one. ( I not a collector I am just an old shooter )

 

a look at gunbroker.com shows the new King Cobra for under $1,000.00 but an older King Cobra for $1,500.00 and upwards. I'm guessing the new Python will follow suite of the King Cobra.

Al

 

I certainly hope so. Bringing in new production only for the new to be just as pricey as the old is basically pointless. People want cheaper Pythons for use. That's why they have been asking for it to return. So now we have the old stuff that most people buy to lock away in a safe only for their widow to one day hawk it off for half or more it's value, or god forbid give them away to family members who will then hawk them for all of their value after dropping by these forums, and now we have the new stuff for newer generations to buy and shoot. As it should be. The originals will always be there to serve the B/S/T community for display/safe purposes.

If any devaluing goes on it's happening early on by uneducated python investors because they didn't take 5 minutes to figure out the new pythons are not equals to the old, and then the value will tick right back to where it was at after the panic attacks end. I don't know about the rest of the forum's opinions, but most python owners are probably not going to panic sell their high dollar guns imho. It seems in most cases when it comes to investors, they're really just turning their money into an object/asset that they know will hold it's value and may sell it at some point if they need the money. This is a common practice, people will do it for anything that holds it's value. Cars, guns, precious metals. But as far as collectors go, in my mind, shame on them if it bothers them whether their python is worth 3 grand or 3 dollars. I don't think such collectors exist. What I think is said "collectors" are really just investors. I know them very very very well from other collector hobbies. All they really care about is what their stuff is worth. The value in owning what they own is it's worth on the secondary market. It's not because it was the first guitar Elvis ever used or it's the gun Jesse James used or this is frickin George Washingtons signature! It's, what is it worth and can I make money off it at a later date.

 

The 2020 new Python will never match the class of the original. They may be great shooters, and I may buy one, but they will still not be as classy as the original.

 

Colts video on the New Python it has 14 fewer parts in the action. Here is the video to compare new with old.

https://youtu.be/Ik-yt5lZEpc

 

I wonder how many parts the old action has.


Sent from my iPad using Tapatalk

 

Just watched that video, in a year there will be a nose dive on 4+6 inch old stainless pythons. These new pythons should realistically sell around about 1300-1350 I believe when “the run” is over. I’m comparing apples to apples. The 1st gens won’t be hurt much, if any. The blued very little since they already came down some anyway. Nickel I honestly can’t say but I’d lean towards them being like the blued.
Stainless Elites probably take a small hit but will stay high. All this is just my honest opinion of watching this stuff (and trends) for 20 years or so.

Colt really surprised me with this one!
Things I like:
Beefier Frame
The gun looks the same mostly
The changeable front sight
REALLY like the Target Crown!

Things I don’t like:
the hammer
the grips
the 14 less parts in the action (cheaper made). However I’ll bet it’s near as smooth as the original the way he talked.
REALLY DONT LIKE the “looks” of the rear sight, it way too small imo BUT I’ll have to see one in person to fully make the call on it being too small.

 

Just opinion again but the market will run on how well the buyers are informed. They will look anywhere and everywhere for comparisons before the spend $3,000 compared to $1,500. Old guys like me know who Ken Hakathorn is and how valuable his opinion is on the new Python. This video tells me a trusted member of the gun community really likes the new Python over the old Python but then he admits his bias toward Smiths.

Folks watching the video that remember Ken will probably buy a new Python first then as gun guys are they will really want the old ones.

Video is 17 minutes long and is worth it just to see what others are thinking. Lots of video out now.

https://youtu.be/HrLYZruNw_g

 

He knows his stuff! He’s also got a Super Rare Python!!!-One that’s actually been shot lol. Good video, thanks for posting!
Think it’d be a rare situation to have to switch to the weak hand, but I reckon good to know. I wouldn’t want anyone to over think it with life on the line. I like watching someone whom knows their stuff and that he does!