Current Market Value of a Smith & Wesson 39-2 (39/2)
How much is a Smith & Wesson Model 39-2 today? The average used Smith & Wesson Model 39-2 is worth $250 to $700, though prices vary.

What Affects the Value of a Model 39-2 for Sale?
The value of a Model 39-2 is affected by its condition, finish, and accessories.
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Price Factor 1: Condition

The better the condition of your S&W Model 39/2, the higher its value.
It’s advised to get a professional to assess your gun and price it accurately. However, many firearm experts charge a fee for this. We’re exceptions as we offer free appraisal online.
You can also try to estimate your gun’s value yourself if you understand gun condition grading. Here are the gun condition tiers and value estimates based on them.
New or Mint
New or mint Model 39-2 pistols have never been shot. They were bought from a store but reigned as safe queens afterwards. These are in essentially new condition and get the highest values.
Excellent
An excellent-condition pistol is one that’s been used a few times and with care. It should have so few marks that it takes close inspection to reveal it’s not new. They get about 10% less than mint ones.
Very Good
These have also been lightly used, but shouldn’t require close inspection to reveal that. They have only a few marks on them, however. Sell these for around 20% less than mint.
Good
If a gun’s been used often but cared-for properly too, it’s in this tier. It’s clearly marked but not in a bad way and everything still works perfectly. These get about 30% less than mint.
Fair
These are often-used guns haven’t been babied. They’re usually on the beat-up side, even if they still work. Sell them for around 40% less than mint guns.
Poor
These are the guns that look like they’ve been dropped on a busy highway. Scratches, dents, rust, broken parts – you name it. Don’t expect more than 50% of mint price for these, if anything.
Price Factor 2: Finish
The finish is another consideration in this Smith & Wesson semi-automatic pistol’s price.
The 39/2 was made in two finishes: blued and nickel. The blued version came with an anodized alloy frame and was the more common one.
Because the nickel Model 39-2 is rarer, it can sell for around 10% to 20% more than the blued one.
Price Factor 3: Accessories

Accessories can also affect the price of a preowned Model 39-2 for sale. This always depends on the buyer, however, as you may run into ones who don’t want “add-ons.”
Original Smith & Wesson Model 39-2 Box
Like many other discontinued guns, the SW Model 39-2 also has its share of collectors willing to pay for the original cardboard box. The better the box’s condition, the better the price.
Value: Around $30 to $50
Extra Magazines
While the modern mags from S&W do fit in the 39-2 pistols, a lot of people prefer the originals. Authentic ones are usually snapped up on sites like eBay.
Value: Around $25 to $40
Aftermarket Grips
These can vary a lot. If you have especially good ones in exotic woods or materials, though, you may sometimes find buyers willing to pay for them.
Value: Variable, though they usually retain up to 50% of their value if in excellent condition
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