The average price of a Colt Python Elite at Rock Island Auction Company since 2015. This is especially important as most Python collectors tend to value earlier production models, as opposed to the very late production dates of the Python Elite. According to Colt advertisements, the Python Elite revolvers were “hand-honed in the Colt Custom Shop to provide the ultimate in smooth action and performance.” All other factors aside, Colt Python Elite rarity has certainly translated to a higher dollar value at Rock Island Auction. The Colt Python Elite was only offered from 1997 to 1999, then reintroduced from 2002 to 2006. Some might call this a market correction.Įven though they were removed from the primary dataset and the graph above, similar trends are also observed when looking at high value Pythons such as Elite models, first year production examples, and even the rare Colt Boa (an improved Colt Trooper Mk V with a Python barrel).Ĭolt Python prices at Rock Island Auction Company continue to soar, like this Python that realized $3,819 in May’s Premier Auction. For the next three years Pythons trended upward, then suffered a slight decline in 2019 before continuing their forward momentum and shattering the $3,000 barrier in 2021. The average Colt Python price at Rock Island Auction Company climbed more than $250 in 2015. The average Colt Python price at Rock Island Auction Company since 2014. Avoiding these examples with especially high collectability, and thus prices, should help give a more accurate values on Pythons more likely to be found and owned by collectors. To avoid skewing the data, all super collectible Pythons have been excluded, including Combat Pythons, Elite models, first and second year production Pythons, collector’s editions, and engraved Pythons. The buyer’s premium is included in the sales price (15% during the periods analyzed), as this accurately reflects what a gun collector paid to own their Python. The data was gathered from every gun auction category Rock Island Auction Company offers: Premier, Sporting & Collector, and Arms & Accessory Day events.Īll Pythons included in the dataset have a grade of “very good” to “excellent,” and all barrel lengths have been included. Our first dataset represents what a gun collector would consider a typical Colt Python. When considering the Colt Python value by year at Rock Island Auction Company, we’ve assembled the last eight years of Colt Python sales prices to help collectors and gun consigners better gauge the current market and compare it against Colt Python Blue Book value. 357.’ More importantly, Colt Python prices reflect the value of a popular vintage gun that had been out of production for years and the simple fact that it’s an old-school handmade Colt revolver.Ī new generation of arms enthusiasts has been introduced to the Python through popular media like The Walking Dead, True Detective, and video games like Call of Duty: Black Ops. The Python’s Hollywood coverage has certainly helped, from the 1970s ‘Starsky & Hutch’ to Rick Grimes' sidearm of choice on ‘ The Walking Dead', and recently the Python was featured in Stranger Things Season 4 as the gun Jason Carver buys from War Zone Army Navy Surplus, referring to the revolver as a ‘pretty. Why are Colt Pythons so expensive? Gun prices are going up for most genres, but saying that the Colt Python is experiencing a rapid upswing is a gross understatement. Vintage Colts hold their value and tend to increase over time, and Python prices realized at Rock Island Auction Company shatter expectations year after year. Pythons are some of the best looking guns out there, with a unique gun aesthetic thanks to their vented rib and distinct full-length underlug. With a nickname like “The Rolls-Royce of Colt revolvers,” there’s a reason the Colt Python continues to trend upward in the world of gun collecting. Colt Pythons of all price points and rarities are found at Rock Island Auction Company.
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