A working man's gun in the truest sense of the term. The Lawman is one of those guns that, as I reflect now, I just don't know why I didn't acquire one of these a long time ago. Well I finally did get my hands on one and I plan to learn as much about this model as I can in the coming days. This gun sold for $125 new in 1972.
The shrouded ejector rod was implemented just after this one. The wide hammer spur immediately brought a smile to my face. And the frame size. Well, it's just perfect! And did I mention how nice those narrow service grips feel? Sometimes it's not the most expensive or fanciest gun that really cranks my tractor. Guys, this is that gun. This model is a rarity in this condition. Most of these guns saw their fair share of work and in the process usually took on the wear and tear that comes with being a working gun.
The Market
A week has gone by and I performed a search to see how many of these I could find available for sale. I found a total of 11, 8 with the 4" barrel, 2 with the shrouded 2" barrel and only 1 with the unshrouded 2" barrel. And just for comparison, how many Pythons could I buy today if I were so inclined? 468.
Online Research
In my research I found 63 completed online auction sales of the Colt Lawman over the 12 month period from October 2019 to October 2020 and the Average Sales Price was $694. Of the 63 completed sales analyzed I found that only 8 of those guns might be considered Collector Grade Quality. Further, of the 8 best examples, only 4 had the original box. The 4 top guns sold for $1,250 to $1,450.