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Posted: 9/8/2019 9:20:16 AM EDT
And that's where it has sat since then. When the transfer to me is approved I'll be brokering an MG from the original owner that was never fired. Amazing such a beast is still out there. I can only imagine what it was like to buy an M16 in 1985, as I was only freshmen in high school.
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Posted: 9/8/2019 9:23:30 AM EDT
[#1]
Dang.
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Posted: 9/8/2019 9:33:10 AM EDT
[#2]
Amazing.
Need more pics. What did that cost in 1985? |
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Posted: 9/8/2019 9:39:19 AM EDT
[#3]
We're the same age. That's a cool piece of history right there. Relatively recent history compared to dinosaur bones and stuff, but way more interesting to me.
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Posted: 9/8/2019 9:40:23 AM EDT
[#4]
Quote HistoryQuoted:
Amazing. Need more pics. What did that cost in 1985? |
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Posted: 9/8/2019 10:06:09 AM EDT
[#5]
Quote HistoryQuoted:
Amazing. Need more pics. What did that cost in 1985? |
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Posted: 9/8/2019 10:20:12 AM EDT
[#6]
God Almighty...
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Posted: 9/8/2019 11:23:10 AM EDT
[#7]
Quote HistoryQuoted:
Amazing. Need more pics. What did that cost in 1985? |
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Posted: 9/8/2019 11:47:17 AM EDT
[#8]
Quote HistoryQuoted: And what’s it worth now? |
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Posted: 9/8/2019 11:58:25 AM EDT
[#9]
I would have auctioned it if I were the seller.
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Posted: 9/8/2019 12:01:06 PM EDT
[#10]
Quote HistoryQuoted:
You'd cry if you were told. Quote HistoryQuoted:
Quoted:
Amazing. Need more pics. What did that cost in 1985? almost no one wanted black guns of any kind, they were all poor sellers. I think the combo of the govt. trying to ban everything & all those big budget Arnold Schwarzenegger movies + the advent of video games created the demand for them that we now see. In other words the Idiot commies in Hollywood & DC are responsible for the marketing that created the demand for the guns everyone is buying today. Irony at it's best! Bigbore, Beautiful gun if I was in Free America I'd be hard pressed not to call you & make an offer! |
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Posted: 9/8/2019 12:04:53 PM EDT
[#11]
Quote HistoryQuoted:
Need more pics. 
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Posted: 9/8/2019 12:20:07 PM EDT
[#12]
I think he could get more than $30k to the right collector.
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Posted: 9/8/2019 12:41:17 PM EDT
[#13]
Beautiful
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Posted: 9/8/2019 12:42:41 PM EDT
[#14]
I bought my first Colt M16A1 in 1985 from a fellow Guardsmen in my unit. He had fired 1 magazine through it prior to selling it to me. $350.00
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Posted: 9/8/2019 12:59:29 PM EDT
[#15]
Quote HistoryQuoted:
I bought my first Colt M16A1 in 1985 from a fellow Guardsmen in my unit. He had fired 1 magazine through it prior to selling it to me. $350.00 
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Posted: 9/8/2019 1:00:13 PM EDT
[#16]
Im a Millennial so these were before my time, but you old heads should be ashamed that you don't have one of these
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Posted: 9/8/2019 1:10:06 PM EDT
[#17]
The first gun that I ever wanted was an M16A1. I was just a kid, but I saw them in Hamburger Hill, and immediately wanted one.
Very nice score, OP. |
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Posted: 9/8/2019 10:20:45 PM EDT
[#18]
A friend had one with similar providence in the late 80's.
All Colt, and picked up at the C3 distributor here in town. He was shooting his own reloads, and had a squib. Blew out the mag, and stretched the magwell. 
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Posted: 9/8/2019 10:26:18 PM EDT
[#19]
Quote HistoryQuoted: The owner wants $30K, which I dont think is unreasonable. Hard to price something in this package that I have never seen before. You have the original box and the buyer will get a copy of his form 4 showing it went from Colt, to his dealer, to the current owner. A verifiable 1 owner M16A1. |
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Posted: 9/10/2019 3:40:00 PM EDT
[#20]
A shooting buddy with FFL SOT back in the mid 80's prior to 5/86. Ordered the allotted 2 Colt dealer samples. They were drop shipped from Colt. The CAR never showed up. So a trace was done. It was found in the dead letter/package facility of the USPS. I think that was down in Atlanta, GA. Then it was returned to Colt, and then sent again. The funny thing about the 2 guns was anodizing was mismatched. The rifle lower matched with the CAR upper and vice versa.
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Posted: 9/10/2019 4:08:26 PM EDT
[#21]
I would "ALMOST" hate to own this rifle. Knowing that it would be a sin to take it out and play with it.
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Posted: 9/10/2019 4:49:15 PM EDT
[#22]
I’m always amazed when I see NIB guns like that..
I was extremely surprised by the amount of NIB m16a1 that flooded the European market a few years ago.. |
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Posted: 9/10/2019 7:14:35 PM EDT
[#23]
Very cool!
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Posted: 9/11/2019 12:54:19 AM EDT
[#24]
Very nice!
Thanks for the photos. |
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Posted: 9/11/2019 4:16:47 PM EDT
[#25]
Quote HistoryQuoted:
I would "ALMOST" hate to own this rifle. Knowing that it would be a sin to take it out and play with it. |
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Posted: 9/11/2019 8:26:48 PM EDT
[#26]
Quote HistoryQuoted: I would shoot it. :) |
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Posted: 9/11/2019 10:15:37 PM EDT
[#27]
That’s a beauty.
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Posted: 9/12/2019 11:37:25 PM EDT
[#28]
Quote HistoryQuoted:
I would shoot it. :) Quote HistoryQuoted:
Quoted:
I would "ALMOST" hate to own this rifle. Knowing that it would be a sin to take it out and play with it. I would definitely shoot it, and love every single moment of it. I had better go buy some lottery tickets. ?? You should do a gun auction. Sell $40,000 in tickets for it. Do it in $50, or $100 tickets. I’d probably buy $100 worth to have a 1/400 chance at it. Seller gets his $30k, you get $10k ????????. You could probably sell quite a few on here alone. |
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Posted: 9/13/2019 8:11:57 AM EDT
[#29]
Quote HistoryQuoted: If I had the money for it, I would shoot it. It would be so weird though. It would be like when you lost your virginity. Something you’ve always wanted. Something that you want more than anything in the world. Something that you are so nervous and awkward about that you can’t even think straight or act normal about. Something that you’re never going to forget. I would definitely shoot it, and love every single moment of it. I had better go buy some lottery tickets. ?? You should do a gun auction. Sell $40,000 in tickets for it. Do it in $50, or $100 tickets. I’d probably buy $100 worth to have a 1/400 chance at it. Seller gets his $30k, you get $10k ????????. You could probably sell quite a few on here alone. 
These were not meant to sit in cardboard boxes. They are tools. These were not display pieces, they are not custom firearms, they were mass produced(not in perfect spec, as most would believe, by the way). Owners bought them for reasons, and some never bothered with them after buying. The original owner I bought mine from knew I was going to be shooting it and was happy for me. My particular rifle just waited a few decades to do what it was always supposed to do(put rounds down range). I did enjoy cleaning the original dry lube off of the receiver, and stripping all of the original parts from it. I did dress it back up in all new colt parts. |
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Posted: 9/13/2019 8:49:16 AM EDT
[#30]
WOW
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Posted: 9/13/2019 9:55:07 AM EDT
[#31]
Quote HistoryQuoted:
I would "ALMOST" hate to own this rifle. Knowing that it would be a sin to take it out and play with it. |
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Posted: 9/13/2019 6:44:07 PM EDT
[#32]
Quote HistoryNot to be a Debbie Downer or stir the pot (plus with the added benefit of 20/20 hindsight), the original owner didn't make a good financial decision by not shooting it and extracting the non-monetary value. For example, if he took the $1K investment and just put it in the S&P 500 he would have $33,338.81 now. If he shot the crap out of it until the great recession of 2008, then sold it for $15K (price back then), and then put that money into the S&P 500, he would have got to shoot it for 23 years AND pocket $43,967.90. Timing is everything.
That being said, there is no price you can put on the pride of ownership for certain things. v/r, Esox |
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Posted: 9/13/2019 8:02:30 PM EDT
[#33]
Quote HistoryQuoted: Not to be a Debbie Downer or stir the pot (plus with the added benefit of 20/20 hindsight), the original owner didn't make a good financial decision by not shooting it and extracting the non-monetary value. For example, if he took the $1K investment and just put it in the S&P 500 he would have $33,338.81 now. If he shot the crap out of it until the great recession of 2008, then sold it for $15K (price back then), and then put that money into the S&P 500, he would have got to shoot it for 23 years AND pocket $43,967.90. Timing is everything. That being said, there is no price you can put on the pride of ownership for certain things. v/r, Esox |
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Posted: 9/14/2019 5:19:43 PM EDT
[#34]
Congrats OP, I too just purchased an unfired M16a1. Now for the long wait.
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Posted: 9/14/2019 5:22:53 PM EDT
[#35]
Quote HistoryQuoted:
I think he could get more than $30k to the right collector. |
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Posted: 9/14/2019 5:25:06 PM EDT
[#36]
Quote HistoryQuoted:
Amazing. Need more pics. What did that cost in 1985? If I remember correctly they were $525 or so,not sure if that was street price or list? |
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Posted: 9/16/2019 8:35:22 AM EDT
[#37]
Very cool.
My dream gun is a new in box M16A2 marked "Safe, Semi, Auto". I've only come across one and it was listed for $40k 
Hard to justify that kind of price when you can get a non-colt RR for under $20k, which is functionally identical, and physically indistinguishable if you are standing more than a few feet away. |
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Posted: 9/16/2019 8:45:21 AM EDT
[#38]
Quote HistoryQuoted:
Hard to justify that kind of price when you can get a non-colt RR for under $20k, which is functionally identical, and physically indistinguishable if you are standing more than a few feet away. |
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Posted: 9/17/2019 4:58:48 AM EDT
[#39]
Cool find, that’s awesome! Someone is lucky to own that thing!
I purchased my colt carbine m16a1 3 yrs ago from a dealer that brokered the deal from the original dealer that owned it since 1977. The brokering dealer knew the previous dealer and it was only fired a couple magazines worth. It sat in the original dealers safe ever since it was transfered from colt. Granted mine wasnt unfired, no original box or magazine. I am the 2nd verifiable owner but also the 1st non dealer owner. I have the original form 3 from colt, it was cool to be able to get that form with it. It was the longest nfa wait ever, especially since it had to be transferred via form 4 to the dealer I work for at the time. The m16 was part of a 10yr old estate needing to be closed. It was the last thing that needed to be liquidated in order to close the estate out. During that time the deceased’s ffl was not maintained (Something about being part of the deceased ffl’s estate) so the nfa branch would not let us do a form 3 to my dealer. Luckily it only took a little over a month to get the form 4 approved to my dealer, then another 5 1/2 months to me. Well worth the hasle though and the estate ended up paying for one of the form 4. I’ve only fired 200 rounds through it since, Ive been so busy that the last couple times Ive been shooting I havent taken it out. |
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Posted: 9/17/2019 5:59:13 AM EDT
[#40]
this post is awesome,
Congrats OP!!! Great find and I wonder how many more are sitting around. Shew! |
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Posted: 9/18/2019 2:51:24 AM EDT
[#41]
Quote HistoryQuoted: Less than $1K w/transfer tax. |
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Posted: 9/18/2019 3:37:57 AM EDT
[#42]
I shot one of those in basic training not a big deal. I've fired thousands of rounds for uncle Sam. Buying a machine gun is not on my list of things to buy. For that money you can buy a few top notch AR with scopes and great triggers and thousands of rounds of good ammunition.
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Posted: 9/18/2019 10:11:26 AM EDT
[#43]
Quote HistoryQuoted: Sir I just sent you an email with whatever address is tied to your account, just wanted to make sure it went through. |
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Posted: 9/18/2019 10:55:05 AM EDT
[#44]
Quote HistoryQuoted:
I shot one of those in basic training not a big deal. I've fired thousands of rounds for uncle Sam. Buying a machine gun is not on my list of things to buy. For that money you can buy a few top notch AR with scopes and great triggers and thousands of rounds of good ammunition. |
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Posted: 9/18/2019 11:04:52 AM EDT
[#45]
Quote HistoryQuoted:
I shot one of those in basic training not a big deal. I've fired thousands of rounds for uncle Sam. Buying a machine gun is not on my list of things to buy. For that money you can buy a few top notch AR with scopes and great triggers and thousands of rounds of good ammunition. |
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Posted: 9/21/2019 3:59:17 PM EDT
[#46]
Quote HistoryQuoted: I was just a freshmen in high school at the time so I have no first hand point of reference , but I cant imagine anyone buying an M16 in 1985, would have ANY idea it would be worth close to $30K in 30yrs. It was as-new, no box. the only wear was slight finish wear on the face of the hammer. I did an FOIA and got the complete history: It was shipped by Colt on a Form 5 to an LE agency; then on another Form 5 to my dealer. So I am the second owner, but the first non-LE owner. Fortunately, the LE did not mark anything on her, and from the wear I assume it never left the armory rack. BTW, Colt filed the Form 2 for her on March 7, 1978; I bought her in 1994 and took possession shortly after her 16th birthday. Her name is Suzy Q, and she became mine when she literally was Sweet Sixteen. In the quarter century we've been together, she has fired well over 50k rounds through her 14 uppers (she loves it when I buy her a "new outfit".) Now Sweet Sixteen is pushing 42 -- in just eight years, she'll be C&R! And all she has to show for it is one nick in the anodizing from a rude H&K at the next position. And that, my friends, is the long definition of Black Rifle Disease. 
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Posted: 9/21/2019 4:09:26 PM EDT
[#47]
Absolutely insane how cheap mg's were before the ban.
Here's to hoping one day "they" get rid of FOPA and I can own one of these puppies.
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Posted: 9/27/2019 3:48:23 AM EDT
[#48]
Quote HistoryQuoted:
email me direct [email protected] Quote HistoryQuoted:
Quoted: Sir I just sent you an email with whatever address is tied to your account, just wanted to make sure it went through. |
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Posted: 9/27/2019 8:43:52 AM EDT
[#49]
The referenced PAWS has been sold.
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Posted: 10/1/2019 8:36:47 PM EDT
[#50]
Quote HistoryQuoted:
Amazing. Need more pics. What did that cost in 1985? |
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