Posted by Shotgun Tom on October 6, 2009, 4:18 pm, in reply to "What have I got, and what do I do about..."
96.32.140.16
It appears you have an "F" Grade Smith hammer gun; "F" grade because it appears to have fluid steel barrels. The F Grade hammer was the least expensive Smith gun ever made ($20 retail), and thousands were sold; but examples with remaining case color on the frame are very rare (most were used as a tool and worn out). Because it does have case colors and other original remaining finishes, it will have much more value than a well-used example; but it still has some problems. You most likely won't find a replacement set of firing pins; but any good double gunsmith can turn and fit a new set on the lathe. It also appears there are flecks of rust on the barrels which should be removed. From your pics it's difficult to tell much of anything else about the gun; but I would suggest you send it to a good double gunsmith and have it thoroughly cleaned and firing pins installed. Storing in a gun sock inside a safe is OK; but make sure your safe has a dehumidifer else your rust problems may continue. As to value, there are collectors looking for higher condition Smith hammerguns; so I would speculate that properly cleaned and pins replaced it's value would be in the $1500-2000 range. That said, gun markets fluctuate all the time; so the true acutal value is always determined by the market at time of sale. Thanks for sharing.
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