The monetary value of a Colt Diamondback revolver, chambered in .38 Special, is influenced by a multitude of factors. These include the firearm’s condition, originality, production year, and any special features like a rare barrel length or factory engraving. For example, a Diamondback in pristine, original condition with its original box and accessories will command a significantly higher price than a well-used example.
Understanding the market value of these revolvers is crucial for both buyers and sellers. Collectors often seek specific variations, driving prices up for desirable models. The Diamondback’s reputation for accuracy, compact size, and quality construction contributes to its enduring popularity. Historically, the Colt Diamondback was introduced in 1966 and discontinued in 1988, placing any existing models firmly in the collectible firearms category. This timeframe also encompasses variations in production techniques and features, further affecting valuation.