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Lock Stock & Barrel Auctions, Live Auction #7 - Cody, Wyoming

Fri, Oct 23, 2026 11:00AM EDT
  2026-10-23 11:00:00 2026-10-23 11:00:00 America/New_York Lock, Stock and Barrel Lock, Stock and Barrel : Lock Stock & Barrel Auctions, Live Auction #7 - Cody, Wyoming https://bid.lsbauctions.com/auctions/lock-stock-and-barrel/lock-stock-barrel-auctions-live-auction-7---cody-wyoming-24995
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Lot 3352

Smith & Wesson S&W Model 686 No Dash .357 Magnum 3" DA/SA Stainless Revolver MFD 1986

Estimate: $1,000 - $2,000
Starting Bid
$10

Bid Increments

Price Bid Increment
$0 $10
$100 $25
$500 $50
$1,000 $100
$2,000 $200
$5,000 $500
$10,000 $1,000
$25,000 $2,500
$50,000 $5,000

Make: Smith & Wesson

Model: 686, .357 Distinguished Combat Magnum Stainless

Serial Number: AYW0962

Year of Manufacture: 1986 / Modern

Caliber: .357 Magnum

Action Type: Double Action and Single Action Revolver with Swing-Out Fluted Cylinder

Barrel Length: 3", with Full Underlug

Sights / Optics: The front sight is a serrated ramped blade with a red insert, pinned to a serrated rise in the rib. The rear sight is a black S&W micrometer click, flat top, square notched leaf that is adjustable for windage and elevation.

Stock Configuration & Condition: The installed grips are Round Butt smooth Goncalo Alves combat grips with finger grooves and medallions. There are a couple very light compressions. There are no chips or cracks. Overall, the grips are in Excellent condition.

Type of Finish: Stainless Steel

Finish Originality: Original

Bore Condition: The bore is bright and the rifling is sharp. There is no erosion in the bore. In this writer's opinion the bore rates 10/10.

Overall Condition: This revolver retains about 99% of its metal finish. There is an M stamped on the crane cut near the model designation part of Smith & Wesson's later L-frame modification program. The balance of the finish is strong and complete with little to no handling or operational wear. There is a thin turn line on the cylinder. The screw heads are sharp. The markings are clear. Overall, this revolver rates in about Excellent condition and unfired outside of factory testing.

Mechanics: The action functions correctly. The lockup produces faint side-to-side movement with the trigger depressed. The double-action is smooth and the single action is crisp. We did not fire this revolver. As with all used firearms, a thorough cleaning may be necessary to meet your maintenance standards.

Box, Paperwork & Accessories: This revolver comes with its factory box, cleaning tools, moisture absorbent paper and plastic gun sleeve.

Our Assessment: Smith & Wesson introduced the Model 686 in 1981 as the stainless-steel member of its new L-frame .357 Magnum family, combining the familiar handling qualities of the K-frame with a larger frame and cylinder better suited to sustained use with full-power Magnum ammunition. Its full underlug, adjustable sights, and stainless construction quickly established the 686 as one of Smith & Wesson's most successful modern service and sporting revolvers. This 1986 revolver dates to the closing period of original no-dash production, just as the 686-1 engineering change was entering production. The "M" stamp near the model designation further documents completion of Smith & Wesson's subsequent factory L-frame modification program.

This particular 3" Model 686 is especially interesting as a round-butt special-order configuration. The factory box label identifies the round-butt configuration under product code 104228 and special order 8062. The revolver retains about 99% of its original stainless finish, the bore rates 10/10, and the action functions correctly with a smooth double-action pull and crisp single-action release. Its factory box, cleaning tools, protective materials, special-order configuration, and completed "M" modification make this an unusually complete and appealing late no-dash 686.

Lock Stock & Barrel Investments Inc.

2301 Lt. Childers St.

Cody, WY 82414

United States

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