View Single Post
Old July 15, 2013, 10:04 PM   #1
Machineguntony
Senior Member
 
Join Date: June 22, 2013
Posts: 1,075
One day, machine guns will be unavailable

Ok guys, discussion time. The NFA forum, which is my favorite forum, btw, is a bit slow. So let's spice it up with some debate and thoughts.

I love NfA toys! Semi autos are so boring!

So I was watching Morgan Spurlocks 'Inside Man', and I was talking to this guy who is buying up NFA machine guns. It was a business that owned the machine guns that he shot on that show.

I'll say that I am doing very well, but I'm not a billionaire, but I can still afford to buy quite a few of machine guns. This guy is close to a billionaire and he buys a new Ferrari every two years (lamborghini there's a wait list). He buys NFA guns like candy. I'm sure he isn't the only wealthy guy doing this.

When we talk NFA he says, '$30,000 for a machine gun? That's cheap!'.

We're talking from the viewpoint of a business owner to whose $30,000 for a RARE gun is nothing (when only about 100,000 machine gun, and they can never make more transferable MGs, that's the definition of rare).

Here is my point, to a business, especially when the cost can be written off bc the gun is purchased as part of a legitimately operating LLC or corporation, $30,000 is not much. And there are lots of businesses that can easily make those purchases.

And then I hear about guys paying $400,000 at auction for a Winchester 1of1000. There are lots of people with money.

All this means that one day machine guns like an m16a2 will be worth way more than $30,000, as they will all the in the hands of businesses or very wealthy collectors. Even to the average joe who owns a machine gun that he paid $500 for prior to the '86 ban, eventually, he will die (or need the money), and his heirs will sell the gun because the gun will be worth too much.

I agree that machine guns will one day be a rich mans hobby, if it isn't already. One day, it will be near impossible to buy one.

What are your thoughts?
Machineguntony is online now  
 
Page generated in 0.07546 seconds with 7 queries