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Thread: Any end in sight for prices of Vintage Colt SP1s?

  1. #31
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    A one owner 1966 just sold for $2,850....

    http://www.gunbroker.com/item/590532910
    Garry Owen!

  2. #32
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    Quote Originally Posted by M-FOURTEEN View Post
    A one owner 1966 just sold for $2,850....

    http://www.gunbroker.com/item/590532910
    IMHO, that's a little steep for the 1-12" barrel. Unless of course you're a collector.
    Never forget every word you spoke when you took your oath of office.

  3. #33
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    Quote Originally Posted by M-FOURTEEN View Post
    A one owner 1966 just sold for $2,850....

    http://www.gunbroker.com/item/590532910
    That was a very reasonable price for an early SP1 in really good condition. $3000 is not unheard of for the early SP1s. The low serial number, the barrel (stamped 12), the dimpled selector, and the Edgewater buffer substantiate this being an early SP1 and add to the value. Someone now owns a very nice SP1 for a good price.
    "A Bad Day At The Range Is Better Than A Great Day Working"

    USMC Force Recon 1978-1984
    US Air Force Res. 1995-2004 (Air Transportation)
    M16/AR15 shooter since 1978, gun collector and AR builder since 2004

  4. #34
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    Quote Originally Posted by Renegade04 View Post
    That was a very reasonable price for an early SP1 in really good condition. $3000 is not unheard of for the early SP1s. The low serial number, the barrel (stamped 12), the dimpled selector, and the Edgewater buffer substantiate this being an early SP1 and add to the value. Someone now owns a very nice SP1 for a good price.
    And it still only has a barrel twist of 1-12". Like I said, IMHO it's steep unless you're a collector. If you're a collector it's a totally different story.
    Never forget every word you spoke when you took your oath of office.

  5. #35
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    Quote Originally Posted by GRA556 View Post
    And it still only has a barrel twist of 1-12". Like I said, IMHO it's steep unless you're a collector. If you're a collector it's a totally different story.
    People buy Colt SP1s for a reason. It is a classic AR-15. They are popular with collectors and shooters. Most shooters will not spend that kind of money to get an early SP1. They will spend $1000-$1500 for a nice shooter grade SP1. Personally, I paid $1000 for my 1977 SP1 Sporter. It is in excellent condition. It looks like it was never shot and it will stay that way. I paid $1800 for my 1981 SP1 Carbine. It is a shooter, but still in really good condition. Nice condition Colt SP1 Carbines are hard to come buy for a decent price. Also, these days, many SP1 Sporters and Carbines get dismantled and sold for parts. They are worth more money that way as original parts are very desirable these days by the retro builders.
    Last edited by Renegade04; 06-15-20 at 20:56.
    "A Bad Day At The Range Is Better Than A Great Day Working"

    USMC Force Recon 1978-1984
    US Air Force Res. 1995-2004 (Air Transportation)
    M16/AR15 shooter since 1978, gun collector and AR builder since 2004

  6. #36
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    Quote Originally Posted by Renegade04 View Post
    People buy Colt SP1s for a reason. It is a classic AR-15. They are popular with collectors and shooters. Most shooters will not spend that kind of money to get an early SP1. They will spend $100-$1500 for a nice shooter grade SP1. Personally, I paid $1000 for my 1977 SP1 Sporter. It is in excellent condition. It looks like it was never shot and it will stay that way. I paid $1800 for my 1981 SP1 Carbine. It is a shooter, but still in really good condition. Nice condition Colt SP1 Carbines are hard to come buy for a decent price. Also, these days, many SP1 Sporters and Carbines get dismantled and sold for parts. They are worth more money that way as original parts are very desirable these days by the retro builders.
    Regardless ... for shooting purposes the original twist barrels are slow and limiting as to what weight of projectile they can stabilize. If that's all you want to shoot that is fine.
    Never forget every word you spoke when you took your oath of office.

  7. #37
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    Quote Originally Posted by GRA556 View Post
    Regardless ... for shooting purposes the original twist barrels are slow and limiting as to what weight of projectile they can stabilize. If that's all you want to shoot that is fine.
    You do have to remember that these were designed to shoot ONLY 55 gr. ammo. They do that very well. If someone wants to shoot higher weight ammo, then they need to stick with more modern ARs and/or higher twist barrels. Old School shooters and collectors, like myself, like the 1/12 twist for 55 gr. ammo. Not to mention, we like the old school platform that the SP1 features. This is, after all, the Vintage AR forum.
    "A Bad Day At The Range Is Better Than A Great Day Working"

    USMC Force Recon 1978-1984
    US Air Force Res. 1995-2004 (Air Transportation)
    M16/AR15 shooter since 1978, gun collector and AR builder since 2004

  8. #38
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    Italian collector had a few pics of his pristine Ceylon or Sri Lankan ?? contract 1959 AR15 leaning against his restored 1959 Vespa or Lambretta Scooter (both Rifle & Scooter having same matching very low serial # s ) I was needless to say Very impressed , I still have the pics & story somewhere and the Rifle was much rarer and harder for him to track down than the Scooter ...

  9. #39
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    Necropost for updates on the current values. Local guy is selling a 1978 SP1 for $1900. It looks to be in decent shape. What do you folks think?

  10. #40
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    Quote Originally Posted by CRAMBONE View Post
    Necropost for updates on the current values. Local guy is selling a 1978 SP1 for $1900. It looks to be in decent shape. What do you folks think?
    Pretty steep in today's market. Personally, I would not go any more than $1500-$1700 and it had better be in pretty good condition even at that price. That said, it all depends on what it is worth to you and what the guy is willing to take.
    "A Bad Day At The Range Is Better Than A Great Day Working"

    USMC Force Recon 1978-1984
    US Air Force Res. 1995-2004 (Air Transportation)
    M16/AR15 shooter since 1978, gun collector and AR builder since 2004

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