This is a completely hypothetical question asked of me by a friend. We are both genuinely curious, and I figured I'd ask it here to get a broader spectrum of speculation on the topic...
If a stash of unregistered M16's came up somewhere, and were manufactured before the 1986 ban, can they legally be registered and entered into the circulation of firearms currently obtainable by normal citizens? I guess my main question is pertaining to value projections when purchasing a full-auto, because my thinking was, "If I spend $20k on this M16, and next year they enter another 10,000 rifles into the market, have I lost a lot of my investment value?"
So, is it safe to say that nearly all of the pre-'86 weapons available to the market are already in the market? And if someone DID unearth a huge supply cache full of "legal" full-autos, can they be entered into the market at this time?
I know it's not a very technical issue, but we were genuinely curious...
Thanks for any insight on the matter!
~Bobby


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