Author Topic: What would you pay for a pre-ban Colt M4? (Read 872 times)

Reschke · « **on:** January 06, 2005, 01:31:48 PM »

I have a guy here at work who has one and would like to sell it for $1400.

The price includes 2 30 round magazines, firm grip for front, laser sight w/ attachment, and flashlight w/attachment, also includes the flip up rear sight, gun has full auto, semi auto and 3 round burst capabilities.

I don't know a heck of a lot about the prices of this sort of gun but it seems to be a good price for this gun.

GtoRA2 · « **Reply #1 on:** January 06, 2005, 01:37:40 PM »

If it is a legal machine gun thats a great price. Have you done all the ATF paperwork to own a machine gun? What about the state paperwork?

Creamo · « **Reply #2 on:** January 06, 2005, 01:42:57 PM »

I searched and it's $200 just to transfer ownership? Yikes.

I also found something interesting, might be ontopic.

Crime with Legally Owned Machine Guns

"In 1995 there were over 240,000 machine guns registered with the BATF. (Zawitz, Marianne,Bureau of Justice Statistics, Guns Used in Crime [PDF].) About half are owned by civilians and the other half by police departments and other governmental agencies (Gary Kleck, Targeting Guns: Firearms and Their Control, Walter de Gruyter, Inc., New York, 1997.)

Since 1934, only one legally owned machine gun has ever been used in crime, and that was a murder committed by a law enforcement officer (as opposed to a civilian). On September 15th, 1988, a 13-year veteran of the Dayton, Ohio police department, Patrolman Roger Waller, then 32, used his fully automatic MAC-11 .380 caliber submachine gun to kill a police informant, 52-year-old Lawrence Hileman. Patrolman Waller pleaded guilty in 1990, and he and an accomplice were sentenced to 18 years in prison. The 1986 'ban' on sales of new machine guns does not apply to purchases by law enforcement or government agencies."

I didn't even think you could own them. They sure look fun.

Reschke · « **Reply #3 on:** January 06, 2005, 01:58:31 PM »

My dad has his class 3 license and can transfer the gun to me. What I would do is pay him and then he would hold it for me till my paperwork gets cleared for ownership. I have been told that I will have to modify the gun to current BATF standards after taking delivery. Such as changing the collapsible stock and automatic fire options. I haven't done much other than apply for the license for these types of weapons.

hyena426 · « **Reply #4 on:** January 06, 2005, 02:19:54 PM »

Quote

If it is a legal machine gun thats a great price. Have you done all the ATF paperwork to own a machine gun? What about the state paperwork?

full auto,,are you sure? didnt think they made auto ar 15' or m4's anymore,,if its from the military it would be maybe 3 round burst i would think,,but i could be wrong,,...heck i got a freind who is a security gaurd at a nuclear reactor,,and he carries a m4 from the goverment,,its semi auto,,full rock and rolls were deemed inaccurate and waste of ammo

for a colt,,ummmm not too bad,,i would keep your eyes open!! because there is no such thing as preband anymore,, so all the guns that were worth a bunch are not as much anymore,,because preban is out the window right now,even ak's have dropped down to 100 bucks a gun for china models in some places,,and m14 assalt rugers have dropped to about 600bucks,,lol fully decked out,, before the preband ended they were 1,400 bucks

but it is a colt,,i would look on colt prices,,because colt did stop selling to the public,,so it mite be worth what he wants,,i would research it on guns of america online

SunTracker · « **Reply #5 on:** January 06, 2005, 02:45:48 PM »

M4=crap

Unless you are using the longer barrel, and firing at very close range, the bullet will not have enough velocity to fragment and tumble inside a persons body.

Nilsen · « **Reply #6 on:** January 06, 2005, 02:53:42 PM »

What I would pay = 0

But its prolly no suprise to anyone that I don't need an assault rifle

A good hunting rifle would be more interesting tho. My best friend is trying to get me to get a license and hunt with him. Im not 100% put off by the idea of it so maybe ill take that license this fall.

Curval · « **Reply #7 on:** January 06, 2005, 02:55:03 PM »

Quote

Originally posted by GScholz
Creamo, that info sounds right. Legally owned firearms are rarely a problem. However what that statistic doesn't tell you is how many legally owned machineguns have been stolen and used to commit crimes.

Shack.

JoOwEn · « **Reply #8 on:** January 06, 2005, 02:55:41 PM »

Why buy an assault rifle when you can get them for free in the military, free amo, free magazines, free amo pouches...

Toad · « **Reply #9 on:** January 06, 2005, 03:30:57 PM »

I challenge you guys to find stats on stolen machine guns used in crimes here.

Go ahead.

I'll wager this would be an extremely rare situation....EXTREMELY.

You've watched Bonnie and Clyde a few too any times.

Martlet · « **Reply #10 on:** January 06, 2005, 03:32:25 PM »

Quote

Originally posted by Toad
I challenge you guys to find stats on stolen machine guns used in crimes here.

Go ahead.

I'll wager this would be an extremely rare situation....EXTREMELY.

You've watched Bonnie and Clyde a few too any times.

Even if it wasn't rare, who gives a crap? Are you going to ban everything that might be used illegally?

Far more cars are used illegally every year than guns.

Creamo · « **Reply #11 on:** January 06, 2005, 03:46:18 PM »

I'm not exactly sure what GS is getting at... people steal machine guns to commit crimes I think which is to ridiculous too comment on.

There was some stats on that page. Guy was writing a book about it.

Crime Involving Illegally Owned Machine Guns

In 1980, when Miami's homicide rate was at an all-time high, less than 1% of all homicides involved machine guns. (Miami was supposedly a "machine gun Mecca" and drug trafficking capital of the U.S.) Although there are no national figures to compare to, machine gun deaths were probably lower elsewhere. Kleck cites several examples:

Of 2,200 guns recovered by Minneapolis police (1987-1989), not one was fully automatic.

A total of 420 weapons, including 375 guns, were seized during drug warrant executions and arrests by the Metropolitan Area Narcotics Squad (Will and Grundie counties in the Chicago metropolitan area, 1980-1989). None of the guns was a machine gun.

16 of 2,359 (0.7%) of the guns seized in the Detroit area (1991-1992) in connection with "the investigation of narcotics trafficking operations" were machine guns.

Maybe the drug dealers aren't good thieves and couldn't get a machine gun?

Toad · « **Reply #12 on:** January 06, 2005, 03:53:54 PM »

That's the point, Creamo.

These guys don't have a clue but they pontificate anyway.

Also, your stats don't indicate if any of the "machine guns" were legally held. In all probability, some were.

Bottom line is these guys are "ugh... guns bad!" types.

Charon · « **Reply #13 on:** January 06, 2005, 03:57:15 PM »

That seems to be one hell of a price for any class 3. The semis are still going for around $800.

Charon

Mini D · « **Reply #14 on:** January 06, 2005, 04:12:31 PM »

Are you sure it's full auto? That price is VERY low for a full auto M4 that is pre-auto ban (not to be confused with the pre-bradybill ban). If the gun was post-auto ban then the price is VERY high since the gun is actually illegal to buy or sell.

If it is a semi-auto, then the price is more subjective. Some would say it was worth it, but I could build one exactly like it for less than $1000.

P.S. Tell him the "laser sight" isn't necessarily a bonus. Get a red-dot on it and it will do better.