Two SWD Guns For Sale On Sturm: $7950 each

[johnthedford]

Seller says "buy now and lock in your ownership today! It may seem expensive now, but there is no better bang for your SMG buck and in a few years you will likely see much higher prices."
Seller got one response from an in state buyer. Would be curious to know if they get their asking price!"

 

[panhead5]

Seller says "buy now and lock in your ownership today! It may seem expensive now, but there is no better bang for your SMG buck and in a few years you will likely see much higher prices."
Seller got one response from an in state buyer. Would be curious to know if they get their asking price!"

That was me . Form 3 in state -- very good . 7950.00 NIB -- not very good !!!!

 

[Esox]

John,

I am the seller of these two guns. I have priced these at what I felt was a "dealer" price since both are actually at my dealer and on his BATFE forms. Also, keep in mind that there is no sales tax collected for Ohio residents since payment is made to me, not my dealer and they are primed and ready to go for those looking to transfer before 41F starts. Everybody has different reasons and rationale for their asking prices. I am happy to share mine as others may find it useful.

I am not a dealer, just an MG enthusiast. I purchased these NIB guns (my "virgins" as I call them) a few years ago with the original intention of giving one each to my sons in 15+ years and because I saw "Macs" as extremely undervalued at the time with the [then] recent introduction of the Lage uppers. I have shooter versions of each of these as well that I shoot and customized with Lage and other's goodies. My revised plan is to share all of the NFA toys I own with my kids and transfer ownership of the LLC that they are registered on to them when I take the dirt nap. So now I am looking to get either a belt-fed gun like at 1919A4 or an HK sear/trigger box to add a little variety to the mix.

I am fortunate in the fact that I do not need to sell these guns to pay for some type of financial emergency. I am selling them at my discretion simply to fund another MG project. I do not plan to move much on my asking price. I will only go down a little if a buyer is a local person that I can meet face to face or as a package deal for both. I am looking to get at least $15K in the end, which pays for a substantial portion of a 1919A4 or about half of an HK sear/box.

I am okay if I need to wait a little to get my price because my opinion/speculation is that M11/9&A1 prices will rise at a faster rate than either the 1919A4 or HK. I also feel that 41F will introduce a lot of new people to the NFA world since it eliminates activist CLEOs. My speculation is that they will be just like me who starts off with a supressor, finds out how easy the process actually is, then starts obsessing about a MG. After doing some research they will immediately hone in on the best entry-level priced MG, the "Macs". Even at $10-12K, my opinion is that there is still no better buy in the MG world than an M11/9 or M11-A1 due to their versatility. I would even speculate that at some time in the future the prices for these will be greater than Uzis simply due to their versatility.

I will reply to this post with the eventual results of my ad to keep people informed, but I will not disclose any information regarding buyer(s).

v/r,
Esox

p.s. - If Richard Lage kicks the bucket, then my plans and speculations will be invalid.
p.p.s. - Richard, please take your vitamins!

 

[johnthedford]

Great. I like to watch current offerings and hopefully keep a pulse on the market. Like black lives, selling prices matter! For NIB guns I think that is a fair price. I got offered a BUNCH of NIB M11/9 yesterday and am hoping to make a deal on them. Purchased another used M11/9 yesterday as well. I have so many M11/9 inbound I have lost track of the number....but think it is currently around 7 guns.

 

[robertmcm]

Esox, not that it is any of my business, but good luck with your sale. I think you have them valued right. I wouldn't sell mine for 7950. They are too much fun. Too versitile. Too much good stuff coming out for them, and enough out there to encourage people like Mike, Marty and Richard to develop uppers, bolts and mags. The future of the m11/9 is going places. New owners of m11/9s are buying them for the new "options" out there for them. This in turn will push further development of the platform.

 

[Vegas SMG]

I also believe those are the correct prices for NIB guns that will transfer tax free. I'd wish you luck with the sale, but I don't think luck has anything to do with this sale of NIB guns. Your reasoning is sound, and using the funds for an acquisition of either of the two NFA items you detailed seems like a great plan.

Lately it seems to have become popular sport to discuss rising NFA prices. We're seeing a significant and rapid rise in prices perhaps due in part to 41F, but it's not uncommon in an election year cycle. New products have transformed these once lowly bullet hoses into something desirable and people are finally noticing. One day I believe we'll see these guns reach 10K. Heck, I remember thinking they'd never reach 5K.

http://www.sturmgewehr.com/forums/i...-nib-swd-m11nine-9mm-and-swd-m11-a1-380-smgs/

 

[BigMac11]

I'm new to this forum, and I just got started in SMG. Talk about bad timing. Wish I started years ago when sub guns were much cheaper. Today I picked up my second M11 partially due to 41F. I'm just curious from those of you whom been in this game much longer than me do prices usually come down after an election?

 

[saltydog]

Esox, not that it is any of my business, but good luck with your sale. I think you have them valued right. I wouldn't sell mine for 7950. They are too much fun. Too versitile. Too much good stuff coming out for them, and enough out there to encourage people like Mike, Marty and Richard to develop uppers, bolts and mags. The future of the m11/9 is going places. New owners of m11/9s are buying them for the new "options" out there for them. This in turn will push further development of the platform.

If you can sell them for that good for you! Economics' 101. Example: I never heard anybody complain when they sold their house for a good profit LOL!

 

[boomer535]

I worry that some TV Reporter will run a story about 41F and say how easy it is to get a Machinegun. Or worse, Obama opening his throat hole again. This could cause another buying frenzy or new legislation.I want my Kids to be able to inherit my Guns.

 

[Esox]

So, yesterday I sold (pending payment) the M11/9mm for $7,500. I flexed some on my price because the buyer is fairly local.

Now I am debating keeping the baby mac. I am not going to flex much at all on the price of that one.

 

[boomer535]

I have a NIB M11/9. I had to replace the Buffer in it that had crumbled away over the years. Glad you got a good price.

 

[damcv62]

I'm new to this forum, and I just got started in SMG. Talk about bad timing. Wish I started years ago when sub guns were much cheaper. Today I picked up my second M11 partially due to 41F. I'm just curious from those of you whom been in this game much longer than me do prices usually come down after an election?

Yes and no. Some stuff might come down, but usually it's on semi black guns and ammo. MG's normally go up and stay up. The bigger question for MG's is what will happen in July when 41f goes through. Will more buyers join the market that couldn't get a LEO sign off before, or will fewer people be buying because now they have to send in finger print cards and photos with their trusts? I'm betting on the former, not the latter being the case.

 

[johnthedford]

Regardless of 41F I believe prices will go up. There has been a constant stream of new shooters and collectors through the years which has been bolstered by the internet. Relatively speaking, NFA is RARE compared to other "collectibles", etc. Compare the number of NFA to the mintage of a 1916-D dime, etc. No doubt there are many more coin collectors than NFA enthusiasts, but the number of transferables is VERY small in comparison to the vast array of coins. A coin collector may specialize in Mercury dimes or $1 gold..there is a huge arena of choices. When looking at NFA, the number and types of full autos is tiny in comparison. I am now looking at a pile of NIB M11 guns and wondering what to pay! If this seller gets his asking price of $7950 for a NIB M11/9, and at a relatively short time since posting, where does that lead us to believe the market is? I have quite a list of guys looking for them, and don't have nearly as many inbound to fill potential requests. I am just one dealer, and no doubt other dealers get as many or more requests for them. I do note the new poster stated he just picked up his second one due to 41F but that isn't necessarily the driving force behind sales. Sure, some guys want to beat the rush. I believe there will be many more that ENTER the hobby after the new rules take effect. Time will tell.

 

[johnthedford]

So, yesterday I sold (pending payment) the M11/9mm for $7,500. I flexed some on my price because the buyer is fairly local.

Now I am debating keeping the baby mac. I am not going to flex much at all on the price of that one.

So, IMO, the buyer paid roughly a $500 premium for NIB. Not bad, and if prices continue to rise the new owner can shoot it and still not be "underwater" after losing the NIB premium.

 

[EL DUCE]

Glad that you got close to your asking price. I have no dog in the fight. I bought my M/11 used, and don't plan on selling anytime soon. What I do want is to leave my guns to my son when the time comes.

 

[creophus]

It's interesting to see how prices go up. What I often hear is that "I should have bought xxx years ago when it was cheap". The funny thing is that very few people thought it was cheap at the time. As someone once said, the best time to plant a tree is 20 years ago, the second best time to plant a tree is RIGHT NOW. It's the same for guns and especially NFA guns.

I think the only thing that will make the price go down is if they open up the registry and you can get newly manufactured NFA items. While that would reduce the value of my current M11/9 I'd gladly like to see that registry get opened up.

 

[SecondAmend]

It's interesting to see how prices go up. What I often hear is that "I should have bought xxx years ago when it was cheap". The funny thing is that very few people thought it was cheap at the time. As someone once said, the best time to plant a tree is 20 years ago, the second best time to plant a tree is RIGHT NOW. It's the same for guns and especially NFA guns.

I think the only thing that will make the price go down is if they open up the registry and you can get newly manufactured NFA items. While that would reduce the value of my current M11/9 I'd gladly like to see that registry get opened up.

Were that to actually happen, some MGs (e.g., the Colt made Thompson Model 1921s) would not likely see any price drop. At the other extreme, the price of a DIAS for an AR pattern gun could drop from $25,000 to $25 or less.

MHO, YMMV, etc.

 

[Ericoak]

At some point, getting an SOT will be cheaper than a couple transferables and the price will probably plateau.

 

[Ericoak]

Were that to actually happen, some MGs (e.g., the Colt made Thompson Model 1921s) would not likely see any price drop. At the other extreme, the price of a DIAS for an AR pattern gun could drop from $25,000 to $25 or less.

MHO, YMMV, etc.

Those Colt Thompson's would definitely drop in price.

 

[jdonovan]

At some point, getting an SOT will be cheaper than a couple transferables and the price will probably plateau.

Its already there.

07 FFL $50/year ( really 150/3)
02 SOT $100/year
ITAR 2250/year

$2400/year.

An 07 FFL + 02 SOT + ITAR for 20 years, is cheaper than a MP5 and a M16 today.