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Old September 20th, 2018, 11:59 AM #1
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Valuation Of Oddball Colt

A coworker has a NIB, Colt King Cobra, 2.5", bright stainless, with a letter from Colt.
He is unable to determine value via "normal" routes, as not enough were made for them to appear in books. Does anyone know anything about this particular model?
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Old September 20th, 2018, 12:20 PM #2
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Along with resident experts like MAnderson, Python, and TheMexicanBob (and probably another few that I can't recall screen names of), I would check the Colt forum. Lots of helpful folks, and he'll likely get outright offers. I don't know this lineage of King Cobra, but because it's rare, NIB, and has the box and paperwork, wouldn't be surprised if it's $3k or higher.

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Old September 20th, 2018, 12:28 PM #3
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Along with resident experts like MAnderson, Python, and TheMexicanBob (and probably another few that I can't recall screen names of), I would check the Colt forum. Lots of helpful folks, and he'll likely get outright offers. I don't know this lineage of King Cobra, but because it's rare, NIB, and has the box and paperwork, wouldn't be surprised if it's $3k or higher.

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Just looking around I would say that would be a good appraisal, certainly in the ball park. The Snakes always seem to grow in value, I would insure it for at least that much.
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Old September 20th, 2018, 12:32 PM #4
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I'll give him $150....cash money.
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Old September 20th, 2018, 12:38 PM #5
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I'll give him $150....cash money.
SOLD!!!
(Now I have to figure out his safe's combination)
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Old September 20th, 2018, 01:15 PM #6
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I'll give him $150....cash money.
Dammit you beat me to the lowball
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Old September 20th, 2018, 02:03 PM #7
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In an auction it might bring north of $3k...but that's in Python territory...neither of which I would pay that kind of money. The market changes every day...today no one but those looking for a bargain and next week maybe someone (or two...it takes at least two to drive the prices up) with money burning a hole in his pocket wanting to make sure someone else won't get it.

A nice piece, to be sure...but there are too many Colts out there for much less that are at least as desirable to me. The King Cobra is a tank tough, well built revolver designed to take an unlimited amount of magnums but there are many Colt collectors who won't accept any Colt revolver but those with the older V-spring action with all milled parts rather than the more modern coil spring action of the Mark III, Mark V, King Cobra and Anaconda revolver that have some MIM parts.

The King Cobra is a fine heavy duty revolver for use in the field, for personal defense or duty. I just don't see the kind of prices they bring just because they have a snake name...unless I'm the one selling it.
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Old September 22nd, 2018, 07:37 AM #8
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There is one on the S&W forum that was listed for $3450. Allegedly, it was sold on another site.
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Old September 22nd, 2018, 10:49 AM #9
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GunBroker has a feature that will let you search completed auctions. I've found this to be a fast, cheap way to get a reasonable estimate of value for anything but the most exotic items.
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Old September 22nd, 2018, 05:57 PM #10
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If truly like LNIB with the original box, papers and a Colt letter, it would probably fetch 4K on GB. I have no idea how many KC snubs were made, but way less than the 4 and 6 inch.
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