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$50K for an M1?

A burglary:

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.

11 Responses to “$50K for an M1?”

  1. Robert Says:

    Patton’s M1!

  2. Jeffrey H Says:

    That’s an M1A, not an M1 (the full auto). The M1A is the civilian M14.

  3. SayUncle Says:

    article says m1. so, who knows?

  4. j t bolt Says:

    Was gonna say Audie Murphy’s rifle, but Robert beat me to the joke.

  5. Tam Says:

    Early all-numbers-matching unconverted “gas trap” Garands can go for $50k+

  6. Jeffrey H Says:

    No the NFA weapon is the M1A, the article says M1.

  7. Jon Says:

    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.

  8. Phenicks Says:

    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.

  9. Texas Jack Says:

    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.

  10. Stretch Says:

    Am sure the insurance adjuster will have a more realistic valuation.

  11. Beaumont Says:

    Hmm, an NFA M1. I need one to go with my select-fire Marlin 336. Then my collection will be complete! HAHAHAHA!

Remember, I do this to entertain me, not you.

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