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Discussion Starter · #1 ·
I have police buddy of mine after my 4" Nickle python(1985). He's proposed a even up trade for the following: 80% 1903 and 99% 2" .38 Sp, 1st Gen Cobra. includes 2 leather Galco holsters for the cobra.

What's everyone think?
 

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I would advise you to take the advice of the previous posters.

While the condition of the Python is not stated, your Python could be worth $800 to $1000, while the 1903 (I am assuming a Pocket Model Hammerless and not a hammered Pocket Model, which is worth a lot more than a Hammerless) is a $300-$350 gun and the Cobra perhaps $350-$400, although a lot go unsold at those prices. (An early Cobra would be worth a lot more. What is its vintage? "First Generation" is an abused term that is often applied to any Cobra without a shrouded ejector rod, whether a 1950 gun, or a 1971 gun.)

The leather is worth practically nothing, just like used scopes.
 

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Again, a more detailed description changes everything. A "no finish" Pocket Model .38ACP is not worth anything to most collectors, but I do see them sell on GunBroker for a few hundred dollars.

Again I say, "First Generation" means almost nothing in relation to a Cobra, since the guns varied a lot from 1950 to 1972 when the shrouded ejector rod was introduced. A "full frame" Pre-1966 Cobra is worth a lot more than a "short frame" Post-1965 Cobra. A first year gun is worth a LOT more than later guns. The older the gun, the more it is worth.
 

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Discussion Starter · #6 ·
I've seen and inspected both... I'm leaning towards no, and possibly buying them out right.

The cobra is near mint 1st gen alloy framed, non shrouded, with one nearly unnoticable spot of wear on the frame, in front of the yoke, from holster wear. Otherwise the bluing is perfect.

The 1903 does have a hammer and appears to be a 4" barrel (??) Bluing is almost completly gone but mechanically it appeared to be fine.

As a bonus he gave me a colt junior with broken firing pin spring to keep regardless....
 

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Discussion Starter · #7 ·
I was incorrect it was hammerless .32 s/n 390xxx. I would rate at 70% bluing left with two mags.

As for the cobra I didn't grab the s/n So I can't be sure. I haven't read up on cobras before and I'm going by what the blue book lists as details.

It doesn't matter, I wasn't planning on trading anyway I was just hoping to get an idea of worth.
 

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Discussion Starter · #8 ·
Ok after further research:
2" Colt Cobra, LW : .38 SP, Square Butt, Wood Grips, Silver Medllions. S/N 251xxx

Hopefully, this will allow us to get a better fix on the age....Thanks for your help, JudgeColt.

Now there's cash in the picture as well...

We're making progress.
 
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