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Discussion Starter · #1 ·
I am new to Colt SAAs, and to the forum, but I have been learning a lot from reading the posts. I am considering purchasing a Peacemaker Centennial in .45LC and could use some advice. I've heard that they are great guns. The one I'm looking at appears to be in excellent (98%) condition, but it's the gun only- no nice display box or documents. It's $1500.00, which is certainly affordable, but I'm not sure if it's a good deal for the gun by itself. I love the way it looks, and I was thinking it might make a great shooter. If I do use it as a shooter, will it hold its value? I know the 'commemorative' market is a lot different from the standard models. I'd appreciate your opinions...

I'm also curious about two other things:

-If it was made in 1975 is it still considered a second-generation gun?

-Can I shoot modern smokeless ammo, even though it's a 'black powder' frame? I assume so, but I don't know for sure.

Thanks a lot!
 

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what type of FINISH ?? blue or nickle ..the price sounds okay.. yes you can shoot modern 45lc ammo in the SAA..my SAA is in 44-40..:cool:
 

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Price sounds pretty darn good to me. As for holding its value if you shoot it, without the box and papers it pretty much has zero collector value, so shooting can't hurt it that much. Might as well have fun with it. Guns are terrible long term investments anyway. Those that are really valuable and worth 100-1000 times what someone paid for them, generally that original owner has been under ground for a very long time.
 

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Yes it's a modern gun, smokeless ammo fine.

Yes it's a 2nd gen with removable cyl pin bushing.

Price is ok. If you want one with a case you'll have to pay more. Buy this one, you won't know when another will show up. If and when you find one in a case, resell this gun.

If it's only 98% now, your not gonna' depreciate it any more by shooting it unless you put a lot of holster wear on it.
 

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Discussion Starter · #6 ·
Thanks, that's what I figured. I'd like to find the perfect gun that I get for a great price, get to shoot it, and watch it appreciate in value! But, more realistically, maybe I'll settle for a nice-looking shooter that (hopefully) holds its value.
 

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Discussion Starter · #7 ·
Can anyone clarify if this still qualifies as a 'second-generation' gun? It commemorates 100 years: 1873-1973, but was reportedly made in 1975.
 

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Discussion Starter · #9 ·
Yes it's a modern gun, smokeless ammo fine.

Yes it's a 2nd gen with removable cyl pin bushing.

Price is ok. If you want one with a case you'll have to pay more. Buy this one, you won't know when another will show up. If and when you find one in a case, resell this gun.

If it's only 98% now, your not gonna' depreciate it any more by shooting it unless you put a lot of holster wear on it.
Sorry- I guess I missed this response. Thanks for the info!
 

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Discussion Starter · #12 ·
I was kind of hoping you'd all talk me out of it. I'm going to an antique weapons show this weekend and I'd like to have that cash to take with me!
 

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Discussion Starter · #13 ·
How does it compare to the 1971 NRA Commemorative? Those seem to come up pretty often and cost a bit less too. They look pretty nice, though not quite as nice in my opinion.
 

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My local Cabela's just had one that just sold that was "like new" in the box. It was a lot more than $1500. It along with the Bat Masterson Lawman series are my favorite Commemorative/Centennial Colt made. There is a good article on the Peacemaker Centennial from "American Handgunner" from March/April 2016 on why it is one of the best Colts ever made. I'm hoping Colt is still around and makes a 150th Anniversary Peacemaker in 2023?!
 

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Simple answer, one of the best 2nd Gen SAAs Colt made. One of their "best guns made" ever... in fact. $1500 makes me wonder what is wrong with it.
Meh, I have seen some overpolished examples also.

Each gun needs to be judged on its merits. I don't agree with carte blanche telling a newbie to buy a SAA without seeing pictures of said specimen. The newbie doesn't know what he is looking at and neither do we.

1 - How do any of you know the gun is original finish? Can the OP judge if the finish is original? He is just starting in the SAA world
2 - What is the action like on this gun? Will it need action work? Does the OP know enough to look at and handle the gun and tell?
3 - How is the build quality? There were some that slipped through Colt.
 

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Discussion Starter · #20 ·
Well, I went ahead and bought it. My wife said to consider it an early birthday present! What can I say- I'm a lucky man. I found it on GunsAmerica and it's coming from a shop in Chicago called Midwest Guns. The pics are resized here, but the full-resolution images are huge, and the gun looks right to my relatively untrained eye. I believe it is the factory finish, and everything looks good to me. Of course I can't tell anything about the action, but that's a risk I'll have to take. From what I read on this forum, there are several qualified people out there who can work magic on Colt SAA actions.

Here are a couple pics. I hope they come out okay- it's my first time trying to post photos. Let me know what you all think.

Peacemaker_Centennial.jpg Peacemaker_Centennial_2.jpg
 
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