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Did the previous owners take care of it or was it neglected? What parts look worn or broken and need to be replaced?
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Was it severely damaged/"totaled" before? You will typically be asking yourself the same questions: In many ways buying a transferable machine gun is like buying a used car. Taking such a collectible gun to the range and running a few thousand rounds would not be a great idea because you’d be diminishing its value by adding wear, and possibly breaking, a 70-year-old part. While $250 was a lot of money in 1965, nowadays an original MP40 may be worth $18,000 and up. The MP40 would have cost me $250 ($50 for the gun and $200 for the transfer tax, see flyer below). Decades ago, they used to be the same people.įor Example: If I owned an original WW2 German MP40 in 1965, I would not have much invested in the gun and wouldn’t feel bad about taking it to the range on a rainy day, running a few thousand rounds of corrosive ammo through it, and neglecting to clean it for a few days. Over the years, the transferable machine gun market has evolved into two separate markets: collectors and shooters. Since the 1986 ban on new registrations, the fixed supply has resulted in ever-increasing prices as collectors are less and less willing to part with their irreplaceable machine guns. Unfortunately, there aren’t a lot of transferable machine guns available on the market, and the process to acquire them seems daunting for many buyers. There’s nothing in the firearms world as fun and exciting as going full-auto.
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