What happened to all the M11s?

[sig-x]

Used to be for sale all over the place. Now it’s slim pickings and prices have jumped about a grand this last year alone. Are the pallets of M11s gone or people just hanging on to them lately?

 

[MAC MAN]

I think people are hanging on to them. Just one more for their collection.

 

[strobro32]

They are no longer a "bullet hose". They are a really practical and fun gun with all the aftermarket uppers. The M11 is the easiest and cheapest entry into a rifle caliber.

 

[ferndog1]

Same with M16s and many others. Haven't seen an M16 come up in months. Even Ruben hasn't had any for a while.
AND prices are on the rise on all NFA.

 

[rybread]

I have four, willing to sell one- but only at the right price.

 

[renovate7]

What strobo said. I sold most of my nfa when I retired last year,. And have since bought an M11/9 and an M10/45 and every upper Lage offers.

 

[HighriseATX]

https://www.gunbroker.com/item/911794064

This is not mine, just remembered this thread...

 

[hfoster223]

i have 2

 

[rybread]

i have 2

Four.

Well... that accounts for six. What about the rest of them???

 

[Offmarksman]

Sorry to get sidetracked OP, I think most folks are hanging on to them. As others have pointed out, the new uppers have made this platform one that can really do well in subgun matches. I would think that the prices will continue to rise based upon this.

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Land of the Free Because of the Brave

Looking forward to open discussions at the Subgun Club Matches in front of everyone.

 

[Slaine777]

I don't understand what's happening with the machine gun market right now at all. There's a Jersey Arms M10 Avenger in GB right now listed for 15. That's more than twice what I paid for a Powder Springs one in early '19

 

[Mackjack]

I still see them listed all the time in the Midwest tactical email (last email had about 8 macs). I’m sure there still out there. And I know Ruben likely has them just doesn’t list them because they move so fast. I’m betting if you look around you’ll find them… trending in the 8,500-9500 range from the big name guys

 

[hfoster223]

This horse has been beat to death, shrinking machine gun pool, more people with money
Just like land prices, finite amount with expanding buyers, only one place the market will go

 

[Pharmerjohnson]

I have four, willing to sell one- but only at the right price.

If you haven't sold the one PM me with the right price.

 

[MACchat]

More guys realized how fun — and valuable — they are. Soon, I wholly expect that any stock M11/9s, A1s and M10s available for under $10k will be considered good deals.

 

[JohnFreeman]

Let's not forget that with dollars being printed by the trillions, inflation is real and affects everything.

Governments ruin all things.

 

[MACchat]

I don’t remember the last time that there wasn’t at least one for sale on this site.

 

[SecondAmend]

Here's a link to a recent M11/9 sale with vintage suppressor on Gunbroker - still not at the $10K mark, but closing in:
https://www.gunbroker.com/item/913357144

 

[RevolverJockey]

They are still out there. I picked up an unfired M11/9 and a used Fleming .22 kit for $8,500 with the seller paying all fees back in September. Seems like fixed income retirement and post Covid financial hardships are getting them out of the safes and onto the market, at least here in Tucson. There is usually at least one or two for sale all the time on Sturm.

 

[skullsoldier]

There are a few on Gunspot with high prices or “make offer” requests. The M11 is going to be high for a while because it’s really the only one that has a viable centerfire conversion, among other valuable modifications.