Old Pythons have been routinely selling for $2,500 to $5,000 since the Obama years and every collector is wondering if the MSRP of $1,499 on the new Python will have an affect on prices. In my opinion, pricing of the old guns can go either way, or be unaffected altogether.
The price point of the 2020 Python being less than the average market value of the old Pythons will certainly pull potential buyers of the old gun away initially, at least to some extent. But my gut tells me that all of the attention being generated by Colt bringing the Python back in 2020, can only be good for the collector market in the long run.
Because I liquidated all of my Pythons but the one pictured here during the Obama years, I'm not on edge about the market. My wife says I can be too optimistic, But I really think that Colt bringing the Python back in 2020 is going to be a good thing all the way around.