$50K for an M1?
Authorities say a U.S. Springfield field grade M1 rifle was valued at $50,000 alone.
Which authorities? Even transferable NFA M1s in excellent condition are only going for $12K.
Via CY, who took one of my favorite band’s name in vain.
August 18th, 2010 at 8:48 am
Patton’s M1!
August 18th, 2010 at 8:54 am
That’s an M1A, not an M1 (the full auto). The M1A is the civilian M14.
August 18th, 2010 at 8:57 am
article says m1. so, who knows?
August 18th, 2010 at 9:07 am
Was gonna say Audie Murphy’s rifle, but Robert beat me to the joke.
August 18th, 2010 at 9:22 am
Early all-numbers-matching unconverted “gas trap” Garands can go for $50k+
August 18th, 2010 at 9:58 am
No the NFA weapon is the M1A, the article says M1.
August 18th, 2010 at 10:57 am
Early production examples from a couple of the manufactures have fetched pretty high prices at auction. I’m guessing that’s where they got the high-end figure.
That’s all assuming that it’s in “unissued” condition and nothing has been fiddled with.
August 18th, 2010 at 11:18 am
It’s not in unissued condition. The article states its field grade condition, CMP’s grade for fair to good condition. That’s the 2nd lowest CMP grade.
August 18th, 2010 at 11:58 am
Collector’s Firearms in Houston has for sale a very early gas-trap Garand M1 rifle for $47,500. (http:\\collectorsfirearms dot com, click on rifles) They also have “normal” M1 rifles in the $800 – $1600 range, as well as a couple of early fourties matching number rifles in the $2500 – $5000 range. I bought my M1 from them, and if I ever decide I just can’t live another day without one, that’s where I’ll buy my M1A.
August 18th, 2010 at 1:18 pm
Am sure the insurance adjuster will have a more realistic valuation.
August 18th, 2010 at 9:28 pm
Hmm, an NFA M1. I need one to go with my select-fire Marlin 336. Then my collection will be complete! HAHAHAHA!