User Panel
Posted: 8/19/2014 11:21:23 PM EDT
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[#3]
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[#5]
Nice. How many thousands of transferables are collecting dust in some police armory? Glad they freed another ten or so.
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[#6]
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[#7]
Just posted them on Sturm. |
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[#9]
Quoted:
Just posted them on Sturm. If only I had a spare $29,500 View Quote View All Quotes View All Quotes Quoted:
Just posted them on Sturm. If only I had a spare $29,500 go take out a loan... whats more american than machine guns and debt? |
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[#11]
Quoted:
I wonder what they paided View Quote Generally, with agency deals, the FFL/SOT trades them new gear for the old gear, rather than writing a check. The value of the trade is negotiable, but there's always a good cut in there for the dealer ... while the LE agency doesn't have to route any money through its own administration (and risk not getting all of it back for use in their next purchase). |
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[#12]
Quoted:
I wonder what they paided View Quote Well, I count ten transferable M16A2 rifle in that photo. They could have traded the department two hundred new post-sample Colt LE6946 select-fire entry guns, twenty new guns for each old one, and still be making a 20% profit but I doubt they were that generous. I have seen deals where a dealer trades a department post-sample guns one for one for transferable guns. Back in the early 90s one of our departments had a Colt Thompson that they traded for five post-sample MP5s. |
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[#13]
I'm going to Clyde's this weekend. Anyone want want me to look at them and report back?
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[#14]
I keep trying to explain to my wife that these things are an investment. It's like real estate - they ain't making any more of it.
Progress has been ... limited, thus far. |
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[#15]
The one listed on the site say the receiver was made in 1985, odd. wonder if it was a typo
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[#16]
Quoted:
The one listed on the site say the receiver was made in 1985, odd. wonder if it was a typo View Quote Why would that be a typo? Seems reasonable enough - the M16A2 was first fielded in the early 1980s and then the Hughes Amendment to the FOPA was effective in May of 1986. So a 1985 date makes perfect sense for a transferrable M16A2. |
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[#17]
Went and looked today. They have several. Some have old A1 uppers without the deflector. The rest have A2 uppers. The one I handled was very clean, and looked great. Very low serial number (>1500). I may have to talk to the wife....and a banker.
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[#19]
Quoted:
Why would that be a typo? Seems reasonable enough - the M16A2 was first fielded in the early 1980s and then the Hughes Amendment to the FOPA was effective in May of 1986. So a 1985 date makes perfect sense for a transferrable M16A2. View Quote View All Quotes View All Quotes Quoted:
Quoted:
The one listed on the site say the receiver was made in 1985, odd. wonder if it was a typo Why would that be a typo? Seems reasonable enough - the M16A2 was first fielded in the early 1980s and then the Hughes Amendment to the FOPA was effective in May of 1986. So a 1985 date makes perfect sense for a transferrable M16A2. Damn, brain took a shit earlier. I thought it was 84 that fopa went into effect. You can thank 3 college finals in one day for that |
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[#21]
Quoted: Went and looked today. They have several. Some have old A1 uppers without the deflector. The rest have A2 uppers. The one I handled was very clean, and looked great. Very low serial number (>1500). I may have to talk to the wife....and a banker. View Quote You can apply online for loans and lines of credit at several banks. |
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[#22]
Quoted:
In fact you can do it in a truly...native american...way..lol https://img.4plebs.org/boards/pol/image/1386/36/1386364220424.png View Quote View All Quotes View All Quotes Quoted:
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Quoted:
Just posted them on Sturm. If only I had a spare $29,500 go take out a loan... whats more american than machine guns and debt? In fact you can do it in a truly...native american...way..lol https://img.4plebs.org/boards/pol/image/1386/36/1386364220424.png Ok, $1,000 down, just $28,000 to go lol |
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[#23]
There are more A2s on the market at the moment (these guns and others) than I have seen in the 5ish years I have followed NFA closely. I think shooter grade A2s should be between 26-27k, based on the historical 4-5k premium over a very clean A1. If these are moving at 30k, I think that would be an interesting development.
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[#25]
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[#26]
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[#27]
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[#28]
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[#29]
Quoted:
If you get it figured out please let the rest of us know the formula. View Quote View All Quotes View All Quotes Quoted:
Quoted:
I keep trying to explain to my wife that these things are an investment. It's like real estate - they ain't making any more of it. Progress has been ... limited, thus far. If you get it figured out please let the rest of us know the formula. I can actually back the data up to my wife. In 2003 purchased some land for $65K sold it in 2013 for $75K once I take out the interest I paid on the mortgage, taxes paid over the years, commision from the sell etc. I actually lost money. Yes I was able to write off the some stuff on my yearly taxes but overall was a bad idea. Oh and took me almost 2 years to sell it. In 2008 I purchased my PAWS OA M16 for $10K, I could put it up for sale today and after a week or two easily get $16K to $17K for it and not have to wait 2 years to sell it... |
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[#30]
Quoted:
In 2008 I purchased my PAWS OA M16 for $10K, I could put it up for sale today and after a week or two easily get $16K to $17K for it and not have to wait 2 years to sell it... View Quote Unless you sell it to an individual out of state and have to wait on two Form 4's to clear..... -bob |
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[#31]
Quoted:
Unless you sell it to an individual out of state and have to wait on two Form 4's to clear..... -bob View Quote View All Quotes View All Quotes Quoted:
Quoted:
In 2008 I purchased my PAWS OA M16 for $10K, I could put it up for sale today and after a week or two easily get $16K to $17K for it and not have to wait 2 years to sell it... Unless you sell it to an individual out of state and have to wait on two Form 4's to clear..... -bob By "wait 2 years," Sherminator is speaking of how long it took him to sell the land he owned. It would not take him that long to sell his Oly PAWS, or to get the money from his sale. FWIW, a friend of mine had an Oly/PAWS RR and, in October 2011, he called me and was in a money jam (his kid had missed a deadline for a college tuition application). He needed to sell it ASAP and wanted to know what it was worth, so he could put it up for sale on the boards. The market at the time was $10--11k, which is what I told him. I also said that if $10k was OK, I would give him that much in 24 hours, if he paid the $200 transfer tax. He did, I did, and he was thrilled. I didn't want or need another RR, but he sure did need the cash. So it was fine with both of us. Two years later, I asked my friend if he wanted it back, and he passed on it. So I put it on the market for $14.5k and sold it in five days, though I negotiated with the buyer and agreed to pay the transfer tax. I got $14.3k up-front before I even filed the Form 4 to the buyer's dealer. It was earning interest in my brokerage accounts during the many months while ATF processed the Form 4 to his dealer. Back when the stock market was about to tank in 2007/8, I sold off two beloved MGs: My Reising and my M11/9mm. Sold the two of them for more than I had paid for them, plus what I had paid for my Colt M16A1 and my Vector Uzi. The net was that I still own the Colt M16A1 and Vector Uzi, but now they were "free" -- I have zero invested in them. I showed all these numbers to my wife, with documentation, and today she's fine with me buying any MGs with "our" money at any price without advance notice to her. She trusts my knowledge of the MG market. |
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[#32]
Quoted:
Why would they? They are already a couple of thousand under other dealers with in stock A2's. View Quote View All Quotes View All Quotes Quoted:
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Anyone know if Clydes will haggle? Why would they? They are already a couple of thousand under other dealers with in stock A2's. That's what's interesting (if that's the right word) about trying to understand this market. Just in this thread, there's several people people saying it's too expensive relative to today's market. Then several people saying that the price is inline and they don't have to haggle. I'm guessing reality lies somewhere in between, depending on when one started in the game. |
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[#33]
Quoted: That's what's interesting (if that's the right word) about trying to understand this market. Just in this thread, there's several people people saying it's too expensive relative to today's market. Then several people saying that the price is inline and they don't have to haggle. I'm guessing reality lies somewhere in between, depending on when one started in the game. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Anyone know if Clydes will haggle? Why would they? They are already a couple of thousand under other dealers with in stock A2's. That's what's interesting (if that's the right word) about trying to understand this market. Just in this thread, there's several people people saying it's too expensive relative to today's market. Then several people saying that the price is inline and they don't have to haggle. I'm guessing reality lies somewhere in between, depending on when one started in the game. There is the Sell it today price, the Sell it this week, Sell it this month, and the Trolling price. I think these are marked in the sell them this month area...
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[#34]
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[#35]
I have about $47k in my MGs, most I got in 1999-2000 except for the AK, which was about 5 years ago...
Maremont M60 Colt M16a1 Vector UZI HK sear Polytech AK converted to AKS74U I figure they are worth about $110k give or take... of course, the value can go a lot lower with the stroke of a pen! But it was fun regardless... Edit: At the time I bought my first MGs, I thought they were expensive and how on earth could they go any higher, and I was stupid for dumping that much money into a hobby. I had bought the first 4 before any had been approved yet. 2 to 4 months seemed like a long time for each transfer, but nowadays would be pretty quick. If you take into account inflation, the value isn't as high as it seems, but wifey doesn't say "you don't need machine guns" anymore... So $30k may seem like stupid money now, but in 10 years, it might look like a good deal! |
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[#36]
back at the recent market bottom several years ago, I would come to this board with seemingly good prices and be told to hold out for better... end of day, missed picking up a M-16RR for a nice price. Now it seems the feedback is you can never pay too much for an MG...
anyway, take it for what it is, sounds like a market top to me. I think prices have come up a lot in a short time, wouldn't be surprised to see them hold this level for a long time to come. |
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[#37]
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[#38]
Quoted:
Clyde Armory is sold out of M16A2s... Reuben has some for sale at $33k-$40k I think back at the times I thought they were too much for me at $16k, then $18k, then $22k... Some M16 goodness: Colt M16a1 and Restricted Marking Colt LE6920 a couple of years ago: http://i199.photobucket.com/albums/aa219/faldoc/US%20Military/2007l0h_zpsb876fb1a.jpg View Quote So it took them, two weeks to sell the 12+ they had? Love the people saying I was wrong, they were high in the market, should come down, need to haggle etc etc. if they are open seven days a week that's still almost one a day. Yeah, they were decently priced like I said. |
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