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Thread: Pre '86 Question

  1. #31
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    Quote Originally Posted by glocktogo View Post
    I'd trade the value of my RR M-16 for the ability to purchase new, reasonably priced MG's in a heartbeat.
    ^ This is an example of NOT an asshole. Learn it, know it, and follow it, OP, or find a hobby. This isn't a hobby, it's a right and a way of life.

  2. #32
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    Quote Originally Posted by kenny87ky View Post
    sneaking amendments into bills at the last moment when the amendment has little if anything to do with the bill yet the bill being important enough to pass by any means necessary seems to do the trick.

    Doesn't work anymore. Back when FOPA was signed there was no line item veto.
    It's hard to be a ACLU hating, philosophically Libertarian, socially liberal, fiscally conservative, scientifically grounded, agnostic, porn admiring gun owner who believes in self determination.

    Chuck, we miss ya man.

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  3. #33
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    Quote Originally Posted by QuietShootr View Post
    I disagree. If you're part of a group of assholes who actually fight actively against repeal (naming no names, but you know exactly who I'm talking about) because they'd LOSE MONEY, then you don't give a **** about what's right, as long as you can make money. THAT attitude is exactly what got this country into the position it's in now, and as far as I'm concerned it's a real litmus test of 'are you really a 2nd Amendment supporter, or just another rich asshole who can afford toys, and doesn't want his rice bowl broken'.

    There is a difference between people who protect their investments by opposing a repeal and those who consider the soundness of the investment based upon the possibility of repeal. Now if the latter become the former, then that is a different discussion.
    It's hard to be a ACLU hating, philosophically Libertarian, socially liberal, fiscally conservative, scientifically grounded, agnostic, porn admiring gun owner who believes in self determination.

    Chuck, we miss ya man.

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  4. #34
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    A ban repel would not mean the loss of value for all the firearms. Some Firearms have value only by legislation like a mac 10, UZI, converted M1's, or DIAS, or HK sear. Some firearms only have value because its an affordable alternative, like the AC556, people buy it because they can not afford a m16 so the go to a rifle that's half the cost to get their assault rifle. If you could buy a m16 for $1000 no one would want these things, MAC 10 also fits here. Then there are firearms that have real collectors value regardless of legislation, an origional 1921 thompson, MP40, MP44, BAR's. Someone was making semi auto mp40's(part kit builds) a while ago for the price of $3500 I think, and that was when they had stock(which they don't now), so a parts kit build MP40 could go from a low current value of $8000 to $9000, to $5000 or $6000. Same with MP44s, they are shockingly rare in any form, and those Current semi auto Clones( which had many issues) were still priced at $4000, imagine a original.

    If someone collection tanks in value because of a ban repel then they only have to blame themselves for a poor choice in firearms. Some firearms are both rare and have demand and no legislation will change that.

    There is no high premium between many firearms who have legislative value vs real value, A vector uzi can run $7K vs 8-9K for an mp40, just $1000 more, guess which one would drop like tank in a ban lift. If you can afford to buy a MG then you can afford to make good choices if you are concerned about the value of your weapon. Buying a gun that has purely legislative value when you are concerned about the value is a bad idea, and if you think like that then prepare to cry a river if the ban is lifed and the guy with a MP40 can still get bids over $5K for his mp40 while your lightning like you paid 7K for is worth about .50 cents.
    Last edited by kenny87ky; 03-08-12 at 16:32.

  5. #35
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    I have always thought the cance of getting it reversed are nil, but it would be nice if a permanant amnisty was in place, for autos from a certain age were allowed, such as with collector cars. I have seen more and more WW2 Thompsons, MP 40's, 44's, BAR's, MG 34 and 42, Stens, etc showing up, as allot of these are found when a vet passes away and his family find them, or they just turn up from being hidden for so many years, and urban expansion has turned them up.

  6. #36
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    I have seen more and more WW2 Thompson, MP 40's, 44's, BAR's, MG 34 and 42, Stens, etc showing up
    The imported guns would still be illegal as they are prohibited from import since 1968, they would have to be demilled as parts kit and then rebuilt to be considered US guns, I believe without amnesty, simply allowing registration again would make even domestic guns illegal unless demilled and rebuilt.

  7. #37
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    The only way this could happen is if someone actually registered them back in or before the deadline in 1986 and then kept them stashed.

    For example, when Jim McLoud went and bought up the last few thousand M/11 from SWD around 1998 and started to release them / sold them off to dealers. (I believe SWD had gone out of business but still had 2k or so guns that had been registered and was sitting on them and sold them all to Jim. I helped Jim unpack the UPS pallets as he entered them in to his books...)

    That is where the M/11 flood that happened 98-2000 came from as Jim sold off a good many of them to other dealers to recoup his capital, and kept a small number for his own sales / inventory.


    Quote Originally Posted by Bobert0989 View Post
    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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  8. #38
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    Quote Originally Posted by QuietShootr View Post
    I think you should kick your own ass for even thinking that thought. Sickening.
    Umm...

    Quote Originally Posted by SteyrAUG View Post
    There's nothing wrong with thinking it so long as you figure out why it is wrong. It is certainly something a normal person considers as they ponder spending 20k on a single firearm. I can't fault anyone for not wanting to take a bath in devalued firearms where your collectible $20k machine gun becomes a used $1k machine gun because the law changed.

    It actually takes a special person to "not care" because they can now buy 20 new machine guns for what 1 used to cost. Sadly I think everyones investments are pretty safe.
    What he said...



    It is an excellent response for someone who may have just dropped $18-20k on a registered MG, to know that the market is (in a practical sense) CLOSED to new registration. The biggest reasons most people would invest in MG's are probably, "I have $20k to invest, what will NEVER depreciate in value and be fun to keep?" and, "Uncle Sam doesn't like these, so I'll buy one, just to have."

    That is also why, in my original quote, I said specifically, "for collectors, anyways," because yes, I would definately buy a FA MG if I could find one legally for the same price as a semi-auto AR-15. Logical Reasoning in this situation would point out that the huge investment a collector makes into a registered MG is much easier to bite when they know it is a very limited market.


    Limited guns in the registry = huge investment potential.

    New guns added to market = decrease in value across the board

    That was my only point in that statement.
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  9. #39
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    Quote Originally Posted by QuietShootr View Post
    I disagree. If you're part of a group of assholes who actually fight actively against repeal (naming no names, but you know exactly who I'm talking about) because they'd LOSE MONEY, then you don't give a **** about what's right, as long as you can make money. THAT attitude is exactly what got this country into the position it's in now, and as far as I'm concerned it's a real litmus test of 'are you really a 2nd Amendment supporter, or just another rich asshole who can afford toys, and doesn't want his rice bowl broken'.
    The OP never said anything about supporting NFA, etc. Your jump to conclusions mat is well worn in this thread. A non-charged explanation would have sufficed in place of the militant responses.

  10. #40
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    Quote Originally Posted by SteyrAUG View Post
    Not necessarily destroyed. But they would be post bans and could never be transferable.
    They would most likely end up being cut up for parts kits.


    Quote Originally Posted by glocktogo View Post
    I'd trade the value of my RR M-16 for the ability to purchase new, reasonably priced MG's in a heartbeat.
    In a second.
    Brian
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