Reopening the NFA registry

[tozan]

www.machinegunpriceguide.com is your friend if you want to see what the current price scope is on all makes and models. Basically an entry level full auto gun like a MAC-10 still isn't cheap.

What would you call Cheap? What would you pay for a Mac in good condition?

I looked at those prices on the Mac's and laughed... Most of them selling in So Fl are at or below the lower level. And I have seen Brand new in the box MAC-10s with silencers going for a lot less then there high side prices.

I also do not believe the BS about this statement made on that sight "But there are only about 600-700 automatic weapons available for sale in the US at any given time" this is certainly laughably wrong.... Give me 3 days and I can drive you around to a few shops near here who have almost half that many guns sitting on their shelves. I personally know of a few dealers with about 40 FA guns each in stock. I would guess Reed Knight may still have a hundred new transferable guns sitting around... I am sure if there are this many in just my little part of the country the the other 40 plus states will certainly have more then 600-700 guns for sale.

Don't get me wrong I would love to see the 1986 law go away and it would make prices go down... But raising the transfer tax to such a high amount I am against no matter what... If anything it should be eliminated...

[F8ality]

I would be happy with SBR's, SBS's and Suppressors not worried about full auto...although I could buy a minigun haha

[Scott Connors]

May 19, 1988

1986, not 1988. I wish it were 1988! (I'd have Form One'd a @#$%load of semis and picked up some more C&R guns to go with my MG42.)

[ke6guj]

yup, typo. May 19, 1986

[B Strong]

What would you call Cheap? What would you pay for a Mac in good condition?

I looked at those prices on the Mac's and laughed... Most of them selling in So Fl are at or below the lower level. And I have seen Brand new in the box MAC-10s with silencers going for a lot less then there high side prices.

I also do not believe the BS about this statement made on that sight "But there are only about 600-700 automatic weapons available for sale in the US at any given time" this is certainly laughably wrong.... Give me 3 days and I can drive you around to a few shops near here who have almost half that many guns sitting on their shelves. I personally know of a few dealers with about 40 FA guns each in stock. I would guess Reed Knight may still have a hundred new transferable guns sitting around... I am sure if there are this many in just my little part of the country the the other 40 plus states will certainly have more then 600-700 guns for sale.

Don't get me wrong I would love to see the 1986 law go away and it would make prices go down... But raising the transfer tax to such a high amount I am against no matter what... If anything it should be eliminated...

I don't know where you're getting your prices, but if you can link some NIB M10 prices under 3K, I'd certainly be interested in seeing them.

A friend recently had to sell some transferables. He moved his pieces and they went for a like amount to what's quoted in the guide, and again, I'd love to see a link to the M10's and transferable Colt '16's in the 7K $ range.

[pgg]

transferable Colt '16's in the 7K $ range.

Yeah, me too. My credit card is on my desk.

[tozan]

Send money I will sell you mine for $2800 right now... NOTE this is a serious offer for sale.... But if your in California I don't think you can buy it anyway...

But lets not side step the topic of this post are you ready to pay an additional $3000 transfer fee too??? Then it will only cost you $5800 to buy my gun. It makes no sense to raise the cost of a transfer on the National level thinking the state will all of a sudden want you to buy a FA when they do not make any money on the sale other than sales tax...

I don't have a simple link for you to go to plus that is a really bad way to buy a FA, you will always get a much better price in person or at a gun show. I have personally priced a few FAs under 7 grand in the last 8 months and and several well under $5000. Now if you are stuck on only NIB Colt M16's then you are not really being realistic, how many of you have real AR-15 Colt simi-autos NIB? There are some NIB FA guns but not a lot of them plus they of course will sell at a premium.

OK now lets get back to buying my MAC 10 lets get the paper work moving ASAP... Put your money where your mouth is and come out and test fire it and let's get the paper work started. $2800 ....

[B Strong]

Send money I will sell you mine for $2800 right now... NOTE this is a serious offer for sale.... But if your in California I don't think you can buy it anyway...

But lets not side step the topic of this post are you ready to pay an additional $3000 transfer fee too??? Then it will only cost you $5800 to buy my gun. It makes no sense to raise the cost of a transfer on the National level thinking the state will all of a sudden want you to buy a FA when they do not make any money on the sale other than sales tax...

I don't have a simple link for you to go to plus that is a really bad way to buy a FA, you will always get a much better price in person or at a gun show. I have personally priced a few FAs under 7 grand in the last 8 months and and several well under $5000. Now if you are stuck on only NIB Colt M16's then you are not really being realistic, how many of you have real AR-15 Colt simi-autos NIB? There are some NIB FA guns but not a lot of them plus they of course will sell at a premium.

OK now lets get back to buying my MAC 10 lets get the paper work moving ASAP... Put your money where your mouth is and come out and test fire it and let's get the paper work started. $2800 ....

First of all, what form is your MAC on, who is the manufacturer, and is it NIB?

Offering your piece for sale is a little different than asserting that the national market as a whole is vastly under the (semi-current) price guide suggested prices.

My recent experience is that the price guide isn't too far off, and yes, you can buy MG's for under 5K $ - not transferable 16's in any flavor, not RDIAS, and certainly no service rifle caliber mag or belt feds. My friend that sold off some of his pieces sold off two registered reciever 16 variants (parts guns) that both went for a higher price than your asserted 7K $, and they weren't Colts... still waiting on that link...

If you read the whole thread you'd see my earlier response, which was that I believe the whole question of raising the tax stamp price to be a bad idea.

I first got involved with NFA weapons and devices when they were affordable, I have the luck to have a legal residence in a free state, and I indulged myself to the limit of my disposable income. What I paid for some of my stuff is far less than what people are paying for semiauto clone pieces now, and to be honest I can't afford to sell the things because even with the profit involved, I'd never be able to afford a better example at even today's depressed market prices.

The idea that raising the tax stamp and opening the NFTR is going to drop prices back to the pre-'86 level is a no-goer. The days of drilling and milling a $450.00 SP-1 or drilling the front pivot pin hole on a $600.00 HK and form 1ing it are never going to come back.

[tozan]

My MAC is on a form 4 it is not NIB, it was when I got it 30 years ago for $200...

Local shops around here are very low, I guess I need to have your friend sell mine for $4000

So far as a "link" for you I don't have one because I shop in person and most Class III dealers here aren't on line I also have a lot of friends who own Title II weapons and I have seen more then a few "dump it" priced guns. I offered to sell mine a few months ago to a guy for $1200 when I just didn't feel like messing with it and it was slowing me down from moving. I spoke with ATF and decided to just store it in Fl. for the time being. My real point is there are guns out there that can be picked up pretty cheap and a $3 grand tax is stupid.

I don't have a real argument with you at all we both agree to raise the tax fee is not going to do anything and may even hurt the market more.... I also agree Repealing the 86 law will cause the cost of guns to go down and it will really open up the market to cheap conversion parts so people will be able to build much cheaper then buying one and in time that will bring the prices way down too...

Too sum it up: No higher tax and get rid of the 86 law...

Any of you guys in So Fla this weekend we are having a big Machinegun shoot BBQ should be a few .50 M-2s M-60's dozens of M-16 and variants a Mini gun, tanerite and other fiery displays and who knows what else... In the past there have been mortars, canons and even a M-72 law...