SP101 9mm values

[Busterswoodshop]

I was looking at SP101's in 9mm on gunbroker and see that some of them sold for over $700.
Are they really that rare and worth that much ?
The prices I saw were for completed listings so apparently some people will pay that.
What makes them so special ?

 

[contender]

Out of production, high demand, and yes, some of them do bring that kind of money sometimes. A companion revolver for the semi-auto.

 

[Terry T]

Well, what can I say? :oops: :oops:

Yes, some folks have been known to get a little crazy over them. :oops:

They are a unique combination of medium power, well built, fast reload with moon clips, handy size, and uncommon. They are appealing to both the large and growing CCW crowd and the growing group of Ruger double action collectors. Most manufactures have ceased production of 9mm revolvers.
As Contender has mentioned, they use common semi auto ammo, the same ammo as the U.S. Army uses. This could be significant in an extended crisis. Ammo is available in bulk at reasonable prices.
Revolvers have unique advantages over semi autos in many situations, including a simple manual of arms and control of spent cases (don’t leave too much evidence laying around :shock: ).

Are they worth twice what a nice clean used .357 mag SP-101 is? Not to everyone, of course. Different tool for different tasks.

I have only 14 Ruger SP-101s in various cal. How many is enough? Just one more! :oops:
Terry T

 

[exlogger]

I have only 14 Ruger SP-101s in various cal. How many is enough? Just one more! :oops:
Terry T

Hey, if you got the money and it makes you happy more power to ya. They will only go up in value.
I would love to have a 9 in sp101. $700 is a little too high on the charts for my thin wallet.

 

[rammerjammer]

I have two 9mm SP101s and I paid $630 for a 3" and $620 for a 2".

Well worth the price so far just in saving money on ammo. I have shot enough to make the extra cost of the guns worth it. Plus I stock up on 9mm and hope that in a crisis it will be the most available defensive round.

 

[Terry T]

Prices on Speed Six and Service Six in 9mm are also in the $600+ range.
Not to mention the S&W 940 ('J' frame, stainless, centinnial, 5 shot, 9mm) which are also in the $600 - $700 range.
All are selling well above the same model gun in .38spl. or .357 mag. All are out of production and all fit the CCW need.

Did I mention that I also have a 2" and 3" S&W 940, a 2 3/4" blued Speed Six and a 4" blued Service Six, all in 9mm? :D (To keep the 2" and 3" SP-101 9mm company :shock: ).
Terry T

 

[rammerjammer]

A 3" 9mm SP101 just sold for $730 on gunbroker today so that shows that they are still getting a premium price.

 

[Timbo22]

As others have stated the 9mm SP101 is out of production and has a high demand. If you find one, expect to pay a premium. I have a few double action 9mm revolvers and really like them (3" SP101, 2 3/4" Speed Six, 2" S&W 940, and a 3" S&W 547). I also have a 9mm cylinder for New Model Blackhawk that I bought seperately.
I understand that Charter Arms is planning to release a 9mm revolver and Taurus has one in their catalog. I have been eye-balling the Charter Pitbull in 40 S&W. They are not Rugers, but it would have to do until Ruger makes their own DA revolver in 40 S&W.
Timbo

 

[Terry T]

The 3" Ruger SP-101 9mm and 3" S&W 940 seem to be uncommon and hard to find, at least listed for sale. Folks who have them are holding on to them and I don't think they were big sellers when they were being offered by the factories. I think most folks went for the shorter 2" barrels for conceal - ability. S&W dropped all their 3" Centennials after only a year or two (1990 -'92). For example, there were only 440 3” S&W 632s (.32 H&R mag.) produced (before the current version in 327mag.) compared to 990 of the 2" 632s. A 2 to 1 sales advantage for the 2".

My guess is that there is currently a $50 to $100 premium for the 3” 9mm SP-101 over the 2”.
Terry T

 

[Busterswoodshop]

I didn't think they were worth that much or that rare.
I was looking at prices because I have one with the 3" barrel that I was going to sell.
I thought maybe the prices on gunbroker were a fluke.
Now I am not sure if I should sell it.

 

[tjironhorse]

Dont sell it unless you absolutely cant pay the bills. JMHO

 

[Busterswoodshop]

I think I will hang onto it for now.

Wouldn't there be better choices for concealed carry just because of the moon clips ?
I would think an automatic would be a better choice because it is easier to carry magazines concealed than full moon clips.

 

[contender]

For CCW AND reliability it's hard to beat a DA revolver. It can be operated with either hand, in any position, no problems with dropping the mag, racking the slide, jammed brass, etc. That's why many people prefer a DA over the semi's for SD.

 

[Smee781]

I love my Speed Six 9mm 2 3/4 blue gun. I think it was worth every dollar I payed for it and would not sell it for $730. If I did then the S&W 940 would be lonely...... :)

 

[tjironhorse]

Finally found/bought an SP101 in 9MM 2 1/4" gun, no box or papers. pack of 5 moon clips. Very clean, hardly used gun. Paid $675 in my hands. Picked it up yesterday, threw a 10lb hammer spring in it, smoothed up the internals and installed a meprolight front sight. Very happy with the purchase. Now to find some time to get to the range.
TJ

 

[Steve55]

As others have stated the 9mm SP101 is out of production and has a high demand. If you find one, expect to pay a premium. I have a few double action 9mm revolvers and really like them (3" SP101, 2 3/4" Speed Six, 2" S&W 940, and a 3" S&W 547). I also have a 9mm cylinder for New Model Blackhawk that I bought seperately.
I understand that Charter Arms is planning to release a 9mm revolver and Taurus has one in their catalog. I have been eye-balling the Charter Pitbull in 40 S&W. They are not Rugers, but it would have to do until Ruger makes their own DA revolver in 40 S&W.
Timbo

About 3 weeks ago I was in my LGS and he had a Charter Arms 9mm stubby in stock for under $400. Does not use a moon clip, would have bought it except I don't want a stubby, want a 3" or 4" but may have to get that one as what I want seems hard to find.