Smith & Wesson .357 Registered Magnum

by
posted on March 21, 2014
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
regmag-1.jpg

The Smith & Wesson .357 Registered Magnum

Gun: S&W .357 Registered Magnum

Condition: 98 Percent (NRA Excellent)

Approximate Value: $12,000

Today, gun registration is anathema to those who understand the genius of the Second Amendment and its importance to the protection of our collective and individual freedoms. However, in 1935, the best shooters and most discriminating handgun enthusiasts were eager to register a certain type of revolver.

Smith & Wesson had just introduced the .357 Magnum cartridge, which reached power levels previously unheard of in a repeating handgun. It chambered the new cartridge in a new model of its large six-shot, N-frame revolver. That marked the beginning of serious handgun hunting and gave law enforcement a much more effective option than previous sidearms. Although it has long since been surpassed in power for hunting applications by cartridges such as the .44 Rem. Mag., .454 Casull and .500 S&W Mag., many experts believe that certain .357 Mag. loadings remain optimum for police and personal-defense use.

The earliest S&W .357 Magnums were built to the individual customer’s specifications in term of barrel length (in 1/8" increments), sights, grips and finish. In addition to being the most powerful, it was arguably the finest-made revolver of the time. Smith & Wesson was proud enough of the product that it assigned a “Registration Number” to each revolver, stamped in the frame cutout for the yoke. It shipped each gun with a card that allowed the owner to send in for a Registration Certificate, showing him as the original purchaser of that particular gun.

With its sleek lines, high quality, prominent place in firearm history and possible range of variations due to the special-order options that were available, the Smith & Wesson .357 Registered Magnum has emerged in the past few years as one of the hottest categories in the firearm collecting field.Its popularity among classic-handgun enthusiasts is such that some report values are increasing on a monthly basis.

The Blue Book of Gun Values lists the estimated value of a standard 98 percent Registered Magnum at $3,300. It rightly points out that scarce variations in configuration, historic usage and desirable related materials can sharply increase that value.

The example shown here rates 98 percent original blue, NRA Excellent condition, and it recently sold at auction for $12,100. The rare 83⁄8" barrel and a Border Patrol provenance contributed to the premium paid for this piece. Other reported auctions and private sales of Registereds in 2005 and 2006 with seller descriptions as “Excellent” and 90 percent or more original finish have ranged from $2,500 to more than $7,000, with several clustered in the $3,000 to $4,000 range.

Accompanying material can greatly impact the value. Collectors report that nice original boxes easily bring $1,000 or more by themselves, with original registration certificates changing hands for a similar or greater amount.

-Jim Supica

(Originally published September 2006)

Latest

Star Model B Ihtog 1
Star Model B Ihtog 1

I Have This Old Gun: Star Model B

Of the many Spanish-made firearms to emerge throughout the 19th and 20th century, one of the most recognizable is the Star Model B, largely due to its similarity to the Colt Model 1911.

New For 2025: Kimber Next Generation 1911

For its latest M1911 offering, Kimber Mfg. borrowed design elements from its double-stack 2K11 pistol to create what it calls the Next Generation 1911.

Review: Charter Arms Double Dog

Charter Arms is an American gunmaker that has offered its own versions of compact, double-action revolvers at fair prices for more than 60 years.

Rifleman Q&A: Mysterious “Broomhandle” Bring-Back

"My favorite gun is inoperable, so I have not shot it. It is one of two weapons that my dad brought back from the Philippines after World War II, the other being a sword."

New Jersey Town Supports CCW With Fee Refund

The city of Englishtown, N.J., recently made a move to reduce that financial barrier, sparking widespread optimism that a statewide, even nationwide, trend may be on the horizon.

Review: Savage Arms Revel

Lever-action rifles have experienced a revival in recent years, and Savage Arms is getting in on the act with its Revel series rimfires. To understand it, you may have to read (backward) between the lines.

Interests



Get the best of American Rifleman delivered to your inbox.