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Current Market Value of a Colt Trooper
How much is a Colt Trooper worth today? The average used Colt Trooper is worth $300 to $600, but some rare variants can sell for over $1,000.
What Affects the Value of a Colt Trooper?
Colt Trooper value is affected by its condition, model, and accessories or upgrades.
Value Factor 1: Condition
If the gun is preowned, condition plays a big role in its valuation.
An expert can appraise your gun to find its official condition score. For free gun appraisal, reach out to us at Cash for Arms. We provide it to gun sellers like you.
That should help you answer the question “How much is my Colt Trooper worth.” You can also use the tiers below if you already know your gun’s condition grade.
Like-New or Mint
- Highest value after retail
- Never fired or used
- Perfect form and function
Excellent
- Around 10% less than mint
- Barely used, some handling marks
- Near-perfect form and function
Very good
- Around 20% less than mint
- Occasionally used
- Wear is limited, perfect function
Good
- Around 30% less than mint
- Used often but cared for
- Worn but not ugly, perfect function
Fair
- Around 40% less than mint
- Used often and not cared for
- Wear is ugly, mostly intact function
Poor
- Around 50% less than mint
- Damaged, scratched, dented, or rusted
- May not be functional
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Value Factor 2: Models or Variants
Colt made several versions of the Trooper, which can affect value. Here are the variants we often see in the resale market.
Original Colt Trooper Value
The average used Original Colt Trooper is worth $400 to $900. Collectible early versions can sell for much more.
The original trooper fired .22 LR, .38 Special, and later, .357 Magnum rounds (which is why it’s sometimes called the Colt 3-5-7, as it’s practically the same gun). The finishes were the typical Colt blue and nickel, with the earliest blued versions having a two-tone finish.
Very good-quality versions of these guns from the 1950s are usually in .38 Special and tend to sell for good sums to collectors. Unfortunately, a fair number of them are seriously pitted by now, and that affects value.
Colt replaced the original Trooper in 1969 with the MK III.
Colt Trooper MK III Value
The average used Colt Trooper MK III is worth $350 to $750. Superb examples, especially the 8” versions, can even reach $2,000.
Introduced in 1969, this line switched the Trooper from Colt’s I-frame to the J-frame, redesigning it so heavily that parts were no longer interchangeable with previous Troopers.
The Trooper MK III revolvers were made until 1983. They also positioned the .357 Magnum Trooper as the highest-end model of the line, although there was a service-grade version of it too: the Colt Lawman MK III.
Colt Lawman MK III Value
The average used Colt Lawman MK III is worth $340 to $700, though some collector-grade guns can sell for $1,000.
This is actually still a Colt Trooper, specifically one of the MK III models. It’s just the service-grade (i.e. economy-grade) version made for duty use.
To bring down manufacturing cost and retail values, the Lawman MK III revolver used fixed sights and had no ejector rod shroud. It also came in only two barrel lengths: 2 and 4 inches.
Note that a few rare late versions of the 2” MK III Lawman came with an ejector rod shroud.
1980 Colt Trooper / Colt MK V Value
The average used Colt MK V is worth $375 to $800, with collector-grade guns going over that.
These are the Colt Troopers of the 1980s. Colt switched frames again (this time to the V frame). These have more in common with the MK III revolvers than the original Troopers, although these introduced a ventilated rib barrel option similar to the Python.
These guns were made from 1982 to 1985, the last line of Troopers to come out of Colt's shops. They also have Lawman versions.
Some people list the Colt Boa as an MK V, by the way, but that model’s technically in a category all by itself thanks to how it straddles the Trooper MK V/Python divide.
Colt Peacekeeper Value
The average used Colt Peacekeeper is worth $325 to $675.
This is pretty much a Colt Trooper MK V with the main difference being that it’s parkerized instead. Think of it as the low-cost version of the MK V revolver, with 4” and 6” barrel options.
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Value Factor 3: Accessories or Upgrades
Some accessories can improve the value of a Colt Trooper. Given that it’s a discontinued revolver that leans more toward classic style than anything, though, don’t expect “upgrades” to do that.
Most people prefer guns like these in their original configurations, whether with the original finish or the factory grips. That’s why adding things like custom finishes doesn’t usually boost their resale value.
If you can’t seem to sell your gun with its accessories to anyone, reach out to us. We often take accessories and ammo.
Original Box and Papers
People often want the original box for guns like these. If you have everything that originally came with the gun and it’s all in great condition, sell it!
Value: Usually around $30 to $90 for the matching box and papers.
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