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What is the value of a 38 5 shot Iver Johnson revolver 4 6 88 6 that you just bought at an auction?
Wiki User
∙ 15y ago
Value will depend a lot on condition, but the real definition is "a price that is acceptable to a willing buyer and seller", so unless either you or the seller was forced into the transaction, the value is what you bid. That said, I hope you didn't pay more than $35 if it is badly worn or inoperable or more than about $150 unless it is absolutely like new. If you got the original box in good condition, it is probably worth more than the gun. The first course of action to discern the value of a gun is to identify the make, model, manufacturing date, and variation. The book "Iver-Johnson Arms & Cycle Works Firearms 1871-1993" by W. Goforth will accomplish this. Then it's a simple matter of looking your gun up in one of the many firearm value books, such as the Blue Book of Gun Values, or the Standard Catalog of Firearms.
Wiki User
∙ 15y ago
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