Two SWD Guns For Sale On Sturm: $7950 each
- Thread starter johnthedford
- Start date
I'm including a commercial zoned piece of property in that equation. Most people can't one out of there house.
And I'm including the costs in a lifetime because if you keep your M16 for 40 years, to do that with a postie you aren't paying for just one year.
SOT is $500 or $1000 depending on revenue
Transferable in 10 years will be worth more. Most will not have the ability to build a HK. Many will not be able to get law letters. FFL is money spent, a transferable is money invested. (07 SOT here)
You didn't pay too much, you bought too early was how I looked at paying a $500 premium on mine when I picked it up a while ago.
Good prices for a growing market. 41p is causing a jump in prices IMO for people with money that don't want to deal with prints. (some people just hate that idea)
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Esox
Well-known member
The M11-A1 was sold yesterday for $7,700 to an Ohio resident.
For reference, please keep in mind that for both of these sales, the buyers were able to physically inspect the gun, process paperwork through a reputable dealer, submit the Form 4 transfer to them the day of the inspection, 50/50 payment schedule, no dealer transfer fees or in-state sales tax, all paperwork filled out for them and sent Priority Mail to the ATF with tracking number, they can pick up the guns in person and not need to pay for shipping, and best of all they beat the 41F deadline.
All of my interactions with the buyers were top notch and I would gladly reference them to anybody in the NFA community for further dealings.
v/r,
Esox
For reference, please keep in mind that for both of these sales, the buyers were able to physically inspect the gun, process paperwork through a reputable dealer, submit the Form 4 transfer to them the day of the inspection, 50/50 payment schedule, no dealer transfer fees or in-state sales tax, all paperwork filled out for them and sent Priority Mail to the ATF with tracking number, they can pick up the guns in person and not need to pay for shipping, and best of all they beat the 41F deadline.
All of my interactions with the buyers were top notch and I would gladly reference them to anybody in the NFA community for further dealings.
v/r,
Esox
JohnFreeman
UZI Talk Supporter
^^^ Yeah, but then the $200 tax stamp seemed outrageous . 
Esox... I should have thought thru my post before putting it there. I think it's entirely reasonable to get the $ you did given the conditions and availability you describe. My post was meant to just point out there's still "bargains" (if you can call $5900 for a $300 gun a bargain) out there occasionally.
Esox... I should have thought thru my post before putting it there. I think it's entirely reasonable to get the $ you did given the conditions and availability you describe. My post was meant to just point out there's still "bargains" (if you can call $5900 for a $300 gun a bargain) out there occasionally.
Ya I was thinking that last week. MG's going the way of Ferrari's where even only the very successful wall street traders and lawyers have them.
In other words only the so called "elite" can afford them.
Putting even the person with a great job out of the buying market.
And this is the consumers fault also.
People paying 19K for mini uzi's and 10 K for MAC series guns just keeps the price up there. When they sell they want a profit so they ask more then they paid and the next person is willing to pay it.
Be it the end consumer or the dealer. And the dealer HAS to make money on it or he's out of business!
Economics 101 SUX
I think the supply and demand will top out to the elite syndrome one day.
Rich
ScottinTexas
UZI Talk Life Member
I want George Washington's sword and the furniture from Monticello but those damned consumers and dealers have priced me out of the market.
So unfair every American can't have their own George Washington sword. It's an outrage.
So unfair every American can't have their own George Washington sword. It's an outrage.
Wasn't the whole point of the NFA registry to keep machine guns out of the hands of the unwashed masses? I mean when they started this $200 tax stamp in 1934 it put most consumers out of the market. According to this website (http://www.thepeoplehistory.com/1934.html) 1934 was the worst year of the Great Depression.
Prices in 1934:
New House $5,970
$20.00/month to rent a house
Studebaker truck $625
Prices in 1934:
New House $5,970
$20.00/month to rent a house
Studebaker truck $625
Beowulf
Well-known member
That's definitely a huge part of it. Remember that the NFA originally was going to include all handguns as well. The intent was to effective ban handguns except for the wealthy.
Using an inflation calculator, $200 in 1934 was the equivalent of $3,554.21 in 2016. So, imagine buying a MAC, even at $8k and then having to pay another $3500 tax stamp.
Or even more ridiculous, if the Hughes Amendment weren't in place, paying a $3500 stamp on a, at best, $500 gun.
Esox
Well-known member
You can't blame the consumer. Feel free to not buy anything as you wait for prices to come down to what you feel is a good value to you.
Here is the three sentence description of how the game is played in a free market economy:
1. If you think the price of something is greater than its value to you, then you shouldn't buy it.
2. If you want something but can't afford it, then you really shouldn't buy it.
3. If you can't afford the things you want, then that is the motivation for you to get educated, earn more money, be innovative, start a business, get a better job, etc. so that you can afford it - and in the end, we all enjoy a better country with innovative products and smart people.
Sadly, there is a fixed number of transferable MGs out there. Therefore, the inevitable outcome is that only the people who can afford them will own them.
v/r,
Esox
Esox
Well-known member
^^^ Yeah, but then the $200 tax stamp seemed outrageous .
Esox... I should have thought thru my post before putting it there. I think it's entirely reasonable to get the $ you did given the conditions and availability you describe. My post was meant to just point out there's still "bargains" (if you can call $5900 for a $300 gun a bargain) out there occasionally.
Yes, there are still bargains out there, they are just hard to find.
When I first got interested in MGs, I was hell bent on not paying market price and was on the prowl for a "bargain". I got stuck in that mentality for two years searching for the great bargain. In the end, what I ended up doing was wasting countless hours of my precious time dicking around with scammers on Armslist and other classified posts. When I ended up purchasing my first MG I paid market price and looked back at what I would have saved if I had just paid market price two years earlier. That is a lesson I will never forget.
BTW, I still have never found a "bargain" but continue to search much more smartly now.
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