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Posted: 2/22/2015 11:49:10 AM EDT
[#1]
"This is the type of thing you just dont ever see...". Except you're seeing it now. Can't fucking stand dumbasses who use that line.
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Posted: 2/22/2015 11:51:26 AM EDT
[#2]
I doubt it goes past $25K.
ETA, It's one of Franks guns, so the buyer can count on several months of bullshit before ever receiving an approved transfer. |
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Posted: 2/22/2015 12:55:07 PM EDT
[#3]
Didn't this come through Reuben about a year ago? I recall a long thread about it but don't enough to search.
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Posted: 2/22/2015 1:04:37 PM EDT
[#4]
Quote HistoryQuoted:
I doubt it goes past $25K. ETA, It's one of Franks guns, so the buyer can count on several months of bullshit before ever receiving an approved transfer. Why will there be several months of BS? I don't know anything about frank to be honest. Thanks. |
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Posted: 2/22/2015 1:13:29 PM EDT
[#5]
About 4 years ago I remember seeing a NIB US Property Marked M16-A2 for sale at Target Master in Chadds Ford, PA.
I believe the asking price was $25,000.00 at the time. I wish I had the extra cash to buy it...But 25 grand isn't exactly chump change for me. I wonder if this is the same rifle. |
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Posted: 2/22/2015 1:31:35 PM EDT
[#6]
Nah, just a give marked A2. Now if this was a commando A2 marked US gov property, with safe/semi/auto instead of burst marking and NIB with all original parts that would be a crazy expensive rifle.
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Posted: 2/22/2015 1:56:03 PM EDT
[#7]
Quote HistoryQuoted: Why will there be several months of BS? I don't know anything about frank to be honest. Thanks. Quote HistoryQuoted: Quoted: I doubt it goes past $25K. ETA, It's one of Franks guns, so the buyer can count on several months of bullshit before ever receiving an approved transfer. Why will there be several months of BS? I don't know anything about frank to be honest. Thanks. Frank is a broker and likely does not have the gun in his possession. |
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Posted: 2/22/2015 2:14:43 PM EDT
[#8]
Quote HistoryQuoted:
Frank is a broker and likely does not have the gun in his possession. Quote HistoryQuoted:
Quoted:
Quoted:
I doubt it goes past $25K. ETA, It's one of Franks guns, so the buyer can count on several months of bullshit before ever receiving an approved transfer. Why will there be several months of BS? I don't know anything about frank to be honest. Thanks. Frank is a broker and likely does not have the gun in his possession. I've transferred 3 for customers from Frank, and each was listed as "This will transfer direct to your c3 dealer tax free from our inventory on a form 3" which was total bullshit, and they had to wait for the Form 4s to clear. |
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Posted: 2/22/2015 3:08:02 PM EDT
[#9]
Quote History"This is the type of thing you just dont ever see...". I see it everytime I open my safe. |
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Posted: 2/23/2015 1:54:23 AM EDT
[#10]
Quote HistoryQuoted:
I see it everytime I open my safe. Quote HistoryQuoted:
"This is the type of thing you just dont ever see...". I see it everytime I open my safe. ~jelly |
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Posted: 2/23/2015 2:03:04 AM EDT
[#11]
Put some heat on it.
I wouldn't give $45,000 for a truckload of them. 
ETA: Just to clarify, I'm not talking about for resale, my point is that I would never spend $45,000 on guns. That's more than I made last year. |
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Posted: 2/23/2015 3:49:51 AM EDT
[#12]
ETA, It's one of Franks guns, so the buyer can count on several months of bullshit before ever receiving an approved transfer. And I thought it was just me. Purchased something from them last year, and they sent it to the wrong state (dealer with a similar name to my C3, but the email I sent to him was correct from the start-- they just screwed up). Didn't realize what had happened until they kept saying it was at my dealer when it wasn't... got the tracking # and saw it was delivered to a different state. Doh! 3 months wasted... Anyway, I've since made getting a copy of the Form 3 a condition of my purchase... at least that way I can see that the x-fer has been initiated and verify it's coming to the correct place... |
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Posted: 2/23/2015 10:32:17 AM EDT
[#13]
Quote HistoryQuoted:
Put some heat on it. I wouldn't give $45,000 for a truckload of them.
ETA: Just to clarify, I'm not talking about for resale, my point is that I would never spend $45,000 on guns. That's more than I made last year. Supply and demand. If they cost $1000 a piece everyone would buy them instead of and AR15. Unfortunately there are millions of firearms owners, with only about 186k transferable MG available, 30k of which are M16s and of those around 2k are colt M16A2 and probably only a couple hundred of those are marked US Gov Property (Which personally is not something i want marked on my MG, its hard enough trying to explain to people you can own a MG then when they see US Property just looks like it is stolen for sure.) So you have potentially millions of buyers chasing a few hundred or few thousand rifles. At which point the economics of supply and demand kick in and price increase to a point where buys tap out leaving only the rich and their endless check books. Fortunately not all MGs cost $45,000. Many MGs can be had for under $10k, any bachelor with a decent job could afford that, or if youre married with kids it takes a bit more saving but if you make it a priority it can be done. |
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Posted: 2/23/2015 10:33:02 AM EDT
[#14]
re: "setting a price record"
not to derail, but has anybody noticed the DIAS prices creeping north? steel one on GB sold by frank last week for 30k and this week there's a BIN of 33k (both auction style with BIN) |
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Posted: 2/23/2015 11:54:45 AM EDT
[#15]
Quote HistoryQuoted:
re: "setting a price record" not to derail, but has anybody noticed the DIAS prices creeping north? steel one on GB sold by frank last week for 30k and this week there's a BIN of 33k (both auction style with BIN) Yes they are creeping up (as are all MGs), but frank is always 10-20% higher. Partly because thats how he runs his business but also because hes dealing on GB so he has seller and CC fees he has to offset. Just a rough price guide for the M16 market... RLL $12-15k RR AR15 Auto Conversion $15-18k RR Colt M16A1 $20-26k RDIAS $22-28k RR Colt M16A2 $27-33k If you're in the market for a MG or just want to do some day dreaming here are some places to watch for good deals... http://www.sturmgewehr.com http://www.shootersdepot.com http://www.atfmachinegun.com http://www.autoweapons.com http://www.impactguns.com http://www.subguns.com http://www.onlythebestfirearms.com http://www.davidspiwak.com http://dealernfa.com http://www.gunbroker.com http://www.nfasales.com http://www.classiiidealers.com/ http://www.machinegunpriceguide.com/ |
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Posted: 2/23/2015 6:13:12 PM EDT
[#16]
Quote HistoryQuoted:
Supply and demand. If they cost $1000 a piece everyone would buy them instead of and AR15. Unfortunately there are millions of firearms owners, with only about 186k transferable MG available, 30k of which are M16s and of those around 2k are colt M16A2 and probably only a couple hundred of those are marked US Gov Property (Which personally is not something i want marked on my MG, its hard enough trying to explain to people you can own a MG then when they see US Property just looks like it is stolen for sure.) So you have potentially millions of buyers chasing a few hundred or few thousand rifles. At which point the economics of supply and demand kick in and price increase to a point where buys tap out leaving only the rich and their endless check books. Fortunately not all MGs cost $45,000. Many MGs can be had for under $10k, any bachelor with a decent job could afford that, or if youre married with kids it takes a bit more saving but if you make it a priority it can be done. Quote HistoryQuoted:
Quoted:
Put some heat on it. I wouldn't give $45,000 for a truckload of them.
ETA: Just to clarify, I'm not talking about for resale, my point is that I would never spend $45,000 on guns. That's more than I made last year. Supply and demand. If they cost $1000 a piece everyone would buy them instead of and AR15. Unfortunately there are millions of firearms owners, with only about 186k transferable MG available, 30k of which are M16s and of those around 2k are colt M16A2 and probably only a couple hundred of those are marked US Gov Property (Which personally is not something i want marked on my MG, its hard enough trying to explain to people you can own a MG then when they see US Property just looks like it is stolen for sure.) So you have potentially millions of buyers chasing a few hundred or few thousand rifles. At which point the economics of supply and demand kick in and price increase to a point where buys tap out leaving only the rich and their endless check books. Fortunately not all MGs cost $45,000. Many MGs can be had for under $10k, any bachelor with a decent job could afford that, or if youre married with kids it takes a bit more saving but if you make it a priority it can be done. I not so sure about that anymore. I mean, there are MACs and Stens, but what else? I wouldn't call that a lot. You can't get an Uzi (exception for a registered bolt), a rr, a RLL, mp40, HK anything, etc. The under $10k market is disappearing pretty quickly I think. |
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Posted: 2/23/2015 7:34:58 PM EDT
[#17]
Quote HistoryQuoted:
I not so sure about that anymore. I mean, there are MACs and Stens, but what else? I wouldn't call that a lot. You can't get an Uzi (exception for a registered bolt), a rr, a RLL, mp40, HK anything, etc. The under $10k market is disappearing pretty quickly I think. Quote HistoryQuoted:
Quoted:
Quoted:
Put some heat on it. I wouldn't give $45,000 for a truckload of them.
ETA: Just to clarify, I'm not talking about for resale, my point is that I would never spend $45,000 on guns. That's more than I made last year. Supply and demand. If they cost $1000 a piece everyone would buy them instead of and AR15. Unfortunately there are millions of firearms owners, with only about 186k transferable MG available, 30k of which are M16s and of those around 2k are colt M16A2 and probably only a couple hundred of those are marked US Gov Property (Which personally is not something i want marked on my MG, its hard enough trying to explain to people you can own a MG then when they see US Property just looks like it is stolen for sure.) So you have potentially millions of buyers chasing a few hundred or few thousand rifles. At which point the economics of supply and demand kick in and price increase to a point where buys tap out leaving only the rich and their endless check books. Fortunately not all MGs cost $45,000. Many MGs can be had for under $10k, any bachelor with a decent job could afford that, or if youre married with kids it takes a bit more saving but if you make it a priority it can be done. I not so sure about that anymore. I mean, there are MACs and Stens, but what else? I wouldn't call that a lot. You can't get an Uzi (exception for a registered bolt), a rr, a RLL, mp40, HK anything, etc. The under $10k market is disappearing pretty quickly I think. Reuben has over 40 <$10K MGs for sale right now. |
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Posted: 2/23/2015 11:01:01 PM EDT
[#18]
Quote HistoryQuoted:
I not so sure about that anymore. I mean, there are MACs and Stens, but what else? I wouldn't call that a lot. You can't get an Uzi (exception for a registered bolt), a rr, a RLL, mp40, HK anything, etc. The under $10k market is disappearing pretty quickly I think. Quote HistoryQuoted:
Quoted:
Quoted:
Put some heat on it. I wouldn't give $45,000 for a truckload of them.
ETA: Just to clarify, I'm not talking about for resale, my point is that I would never spend $45,000 on guns. That's more than I made last year. Supply and demand. If they cost $1000 a piece everyone would buy them instead of and AR15. Unfortunately there are millions of firearms owners, with only about 186k transferable MG available, 30k of which are M16s and of those around 2k are colt M16A2 and probably only a couple hundred of those are marked US Gov Property (Which personally is not something i want marked on my MG, its hard enough trying to explain to people you can own a MG then when they see US Property just looks like it is stolen for sure.) So you have potentially millions of buyers chasing a few hundred or few thousand rifles. At which point the economics of supply and demand kick in and price increase to a point where buys tap out leaving only the rich and their endless check books. Fortunately not all MGs cost $45,000. Many MGs can be had for under $10k, any bachelor with a decent job could afford that, or if youre married with kids it takes a bit more saving but if you make it a priority it can be done. I not so sure about that anymore. I mean, there are MACs and Stens, but what else? I wouldn't call that a lot. You can't get an Uzi (exception for a registered bolt), a rr, a RLL, mp40, HK anything, etc. The under $10k market is disappearing pretty quickly I think. I agree the sub $10k guns are getting rare but there is still a decent selection. Along with everything you listed i believe sterling, m3 grease gun, m50 reising, spitfire (haha I know) , Ingram m6, m2 carbine, stemple 76, ruger ac556, ar180 are all options. Like 90% of them are sub machine guns though. |
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Posted: 2/24/2015 12:41:58 AM EDT
[#19]
The prices scare me sometimes
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Posted: 2/25/2015 9:20:40 PM EDT
[#20]
the dont scare me....
Quote HistoryQuoted:
The prices scare me sometimes |
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Posted: 2/26/2015 8:51:00 AM EDT
[#21]
Could have bought one in 92 just like it for $1200, NIB. Passed after the dealer told me the paperwork would probably take a year. Thought, man I don't wanna give this guy my hard earned money to hold for a year and I got nothing to show for it. Sucks to have been young and dumb!
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Posted: 2/26/2015 11:10:02 AM EDT
[#22]
Quote HistoryQuoted:
Could have bought one in 92 just like it for $1200, NIB. Passed after the dealer told me the paperwork would probably take a year. Thought, man I don't wanna give this guy my hard earned money to hold for a year and I got nothing to show for it. Sucks to have been young and dumb! Yeah me too, i dont think i was even in preschool in 1992. Sucks being born into a post hughes amendment world 
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Posted: 3/3/2015 9:33:00 PM EDT
[#23]
There are a couple references above to Frank Goepfert at Midwest Tactical, who frequently sells on Gunbroker. I have been following his auctions pretty closely for the last year. At least for the last several months, it looks like he is pretty conscientious about making clear whether he has the firearm in his inventory, whether it is incoming, or whether it will ship from his customer's inventory. He or his employee, Ryan, have quickly answered multiple questions about items for auction. Regarding his sales prices, I agree that his reserve prices--and certainly his BIN prices-- are high. But a minority of his auctions have no reserve. The final prices on these run the gamut, with some selling for market or even below market. Some examples;
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=454792057 http://www.gunbroker.com/Auction/ViewItem.aspx?Item=458528469 http://www.gunbroker.com/Auction/ViewItem.aspx?Item=459254190 http://www.gunbroker.com/Auction/ViewItem.aspx?Item=467660049 |
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Posted: 3/4/2015 3:57:35 PM EDT
[#24]
There are a couple references above to Frank Goepfert at Midwest Tactical, who frequently sells on
Gunbroker. I have been following his auctions pretty closely for the last year. At least for the last several months, it looks like he is pretty conscientious about making clear whether he has the firearm in his inventory, whether it is incoming, or whether it will ship from his customer's inventory Goepfert is clearly a high-volume dealer/broker, and I would expect him to have the whole NFA process well- oiled... Some of their ads state a gun is "incoming" or brokered, but... others don't. This current (as of 3/4/15) ad, for instance-- http://www.gunbroker.com/Auction/ViewItem.aspx?Item=469354268 ...is for a brokered sear. But this is not made clear in the auction text... and, Frm4-to-Frm3 approval runs a bit longer than a straight Frm 3 (dealer-to-dealer) transfer. I think my bottom line point in posting this is just to let other buyers new to the process realize that there are a lot of pitfalls to be aware of. And also-- get a copy of any transfer forms so you know what's going on & don't get surprised 3-6 months down the road. |
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Posted: 3/5/2015 2:32:02 AM EDT
[#25]
Good points. I certainly agree that it is important to get copies of all pending paperwork.
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Posted: 3/5/2015 8:50:02 PM EDT
[#26]
It's been relisted with no reserve, at the present it is at about $22k. If it goes for $23k, for an A2 this is a good price nowadays. If I wasn't involved in spending about this much on something else, I'd think about it, even with the BS.
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Posted: 3/9/2015 7:11:48 AM EDT
[#27]
I've seen them going for up to around $40k. Heck, I expect I would get more than that for mine. I don't find the price unreasonable at all.
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Posted: 3/11/2015 4:58:35 PM EDT
[#28]
Quoted:
New in box US Govt marked A2 http://www.gunbroker.com/Auction/ViewItem.aspx?Item=469669326 wow! Its markups on an artificial market like this that makes me wish to see the Hollis and Watson cases successful. Donating more money now 
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