Preliminary identification

Crosman Model 38T CO2.22 Caliber Target Air Pistol, c.1964-1976

Photo reference

1 uploaded photo

Overview

This is a vintage Crosman Model 38T CO2-powered.22 caliber target revolver, designed to replicate the weight, feel, and balance of a real.38 caliber service handgun. It features striking reddish-brown marbled faux-wood plastic grips and is accompanied by its original factory box, paperwork, and vintage Nitan CO2 cartridges.

Story

In 1964, Crosman revolutionized backyard target practice by introducing a CO2 revolver that perfectly mimicked a real.38 caliber service pistol. It allowed police officers and enthusiasts to practice their marksmanship cheaply at home.

Maker / Origin

Founded in Rochester, New York in 1923, Crosman became a pioneer in the airgun industry by championing the use of CO2 power. Their innovative designs transformed airguns from simple toys into highly accurate, respected training tools used by marksmen worldwide.

Condition & Value

The pistol appears cosmetically excellent with minimal paint wear and beautiful, uncracked marbled grips. The original cardboard box shows typical edge wear and scuffing, but the inclusion of original paperwork and vintage CO2 cartridges adds significant collector appeal. Functionality of the internal seals is untested.

Full Research

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Sold comps, value drivers, and venue guidance pulled from recent auction results.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.