Quote:
Machineguntony posted
The biggest danger to machine guns as investment isn't seizure, I think the bigger danger is that the NFA will be repealed, thereby bringing the value of a Pre 86 machine gun to near zero.
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A repeal of the NFA would have very little effect on the value of your machine guns; even if you could buy a full-auto firearm as easily as any other, the high value of existing full-auto weapons is mostly due to the ban on post-1986 production by the Hughes Amendment of the Firearm Owners Protection Act.
If they repealed the Hughes Amendment, I think a lot full-auto collectors might mourn the vast decrease in value of their collection, but I'm sure most of them would also love all the new toys they could now buy and the lower prices at which they could buy them.
I'm a former Marine machine gunner. I would LOVE if I could afford an M240, and it would be even better if I could legally buy a new one.