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A friend has a NIB Colt Diamondback .22RF 6" barrel blued that he wants to sell. What's a fair price to offer him ?

Last edited by gunswizard; 04/09/24.
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$3500


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I would put it on Gunbroker and watch how high it goes. A 14 day will let more people see it


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Showed pics around a local gunshow, best offer was $1,500 which I felt was a serious lowball. Guys just back from Tulsa said that Colts were not selling that prices were depressed, advised owner to hold onto the gun for a year or so. They felt that by that time prices would have rebounded.

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Colt makes 10-shot King Cobra .22. Most asking prices for Diamondbacks are unrealistic. Reduced demand results in stagnant or decreasing values.

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It just amazes me how much money Colt collectors will pay, and when condition is like new, they seem to lose all sense of restraint. For intrinsic value, I would say about $1000 because that's what the new King Cobras are going for now, but I am not a Colt collector. Collectors do have the point that they don't make 'em like that anymore. And the greater fool theory...no matter how much I pay, I can find a greater fool to pay more.

So the $3500 mentioned above may not be out of bounds, but I would certainly consider it to be the top of the market, even for like new in the box.

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NIB Diamondback .22 is a jewel. Probably North of 2k on GB. Maybe near 3K. Even then, buyer pays tax, shipping and a 1% fee. Seller pays something like 4% commission and has to list, box, ship and insure it. If you bought it FTF for $2000-2200 or so, I think you’d both be doing ok.

It’s always a bit challenging doing business with friends. Whatever price you settle on, enjoy that fine revolver. My wife has a real nice 4in Diamondback 22. We haven’t shot it in a while. Maybe we’ll dig it out if the safe this weekend.

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Hell if I’d pay that

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I know they bring good $$$$$$...saw 1 at GS in FEB... $ 1700..

Have had a few, sold 'em all , they don't shoot for chit.

My Colt Match Targets - 4 1/2" and 6 " no comparison.

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I saw several in Tulsa at $1300-1800. All nice, some with box and some without. Didn’t see any sell.

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