Any end in sight for prices of Vintage Colt SP1s?

[bigwagon]

$2400 is about book value, not market value. Unfortunately, many people do not know that and will pay more than they should. A real Colt 4x20 scope in really nice condition will fetch about $300-$400 easy. 1960s SP1s are between $2500 and $3500 depending on condition and year. That is the market price. 1970s SP1s are more in the $1500-$2000 range depending on year and condition. Of course, in "ban" states, you can add even more money to the prices. In my opinion, $2400 for the SP1 you are looking at is a bit high, but only by a few hundred dollars. If you know what you are looking at, know what year it was made, know if the 4x20 scope is an original Colt scope or not, you may want to consider making them an offer that is a few hundred less (somewhere around $1800-$2000).

Based on this Gunbroker auction that closed today, I guess the price of the one I saw is pretty close to market (it is similar vintage and condition). Even though this one didn't meet the reserve, the price it was bid up to would indicate market value is in the $2000-2400 range without the scope.

http://www.gunbroker.com/Auction/Vie...Item=537502544