The Firing Line Forums

Go Back   The Firing Line Forums > The Hide > NFA Guns and Gear

Reply
 
Thread Tools
Old October 29, 2012, 02:30 PM   #1
poprivit
Member
 
Join Date: November 22, 2007
Posts: 17
Would you REALLY buy one

If you could really own a Class III full-auto .45 cal submachine gun for under $6k, would you belly up to the bar?

I'm going to Africa on safari next year and have to sell some of my guns. I've got a Stemple 76/45 with a can that I will be advertising sometime after New Years. It's very similar to a S&W 76, but in .45ACP.

Now, that said, would this tempt you to buy?
poprivit is offline  
Old October 29, 2012, 03:25 PM   #2
Deja vu
Senior Member
 
Join Date: March 14, 2010
Location: Border of Idaho & Montana
Posts: 2,132
if i had the $ yes...
__________________
Shot placement is everything! I would rather take a round of 50BMG to the foot than a 22short to the base of the skull.

all 25 of my guns are 45/70 govt, 357 mag, 22 or 12 ga... I believe in keeping it simple
Deja vu is offline  
Old October 29, 2012, 03:37 PM   #3
James K
Staff
 
Join Date: March 17, 1999
Posts: 19,516
I sold all my MGs several years ago and won't be buying any more, but assuming that gun is transferrable, I don't think you will have any problem at all selling it at that price!

Jim
__________________
Jim K
James K is offline  
Old October 30, 2012, 10:53 AM   #4
poprivit
Member
 
Join Date: November 22, 2007
Posts: 17
I'll sell it

JamesK - It's on a Form 4 in Nevada. It'll sell easily. I was just curious if the people who talk about owning one "just if ..." would actually buy one. Sure, it burns ammo; yes, it's expensive; man, there's a lot of paperwork ..

Reality - after owning everything from a Browning 1919A4 belt fed to a MAC11 .380, I'd do it all over again.

Last edited by poprivit; October 30, 2012 at 10:54 AM. Reason: sp
poprivit is offline  
Old October 30, 2012, 09:16 PM   #5
David Hineline
Senior Member
 
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
Taking into consideration that an out of state buyer is going to have $800 in transfer tax to buy the gun I would say you are about $1000 too high.
David Hineline is offline  
Old October 31, 2012, 01:37 AM   #6
medalguy
Senior Member
 
Join Date: August 31, 2009
Location: New Mexico
Posts: 1,020
An out of state buyer can have the gun transferred to the FFL/SOT of his choice in his state. Then he has one transfer tax from the FFL/SOT to him. Only $200 in transfer fees. I'm in the process of doing one like that right now.

And yes folks will buy it. Machine guns are still selling pretty well, although prices dropped a couple of years ago but they are coming back up now.
medalguy is offline  
Old October 31, 2012, 06:38 AM   #7
Beretta686
Senior Member
 
Join Date: May 11, 2005
Location: Texas
Posts: 731
No. Machine-guns are amusing and fun to shoot. I'm thrilled I bought my MAC-10 in 9mm a few years ago and will probably never get rid of it.

But shooting a .45ACP machine-gun gets very pricey rather quickly. Unless you're selling a .45ACP machine-gun that has some special meaning (like a Thompson or a Grease Gun) I doubt people will eagerly jump for a .45ACP version of a gun they can get in 9mm.

You'll be able to sell it, but I doubt you're going to get what you're looking to ask for it as it'll be a niche purchaser as opposed to your general shooter who just wants a bullet hose to put a smile on their face.
__________________
"Our contract called for 16 cases of rifles and ammunition for $10,000 dollars, not a machine gun...........That is our present to the General"-Pike Bishop

When fascism comes to America, it will be wrapped in the flag and carrying a cross.”
Beretta686 is offline  
Old October 31, 2012, 09:27 PM   #8
GoingQuiet
Member
 
Join Date: July 1, 2010
Location: Melbourne, FL
Posts: 88
Class 3 is a tax bracket, learn your terms before you point fingers.

I'd gladly buy the right gun under $6k.
__________________
FFL/SOT Melbourne, FL - Sales by appointment. sales@goingquiet.com
Sig Sauer Stocking Dealer
Silencerco Stocking Distributor
GoingQuiet is offline  
Old October 31, 2012, 10:21 PM   #9
Yankee Doodle
Senior Member
 
Join Date: December 5, 2004
Location: NY state
Posts: 573
Absolutely not.
There is no reason in the world for a civilian to own a fully automatic weapon. These are for military and police use only. I think they should be fully banned for private ownership.
Now that I have your undivided attention, of course I'd take it? Who wouldn't? More fun than anything else you can do with your clothes on.
__________________
God Bless America
Y.D.
Yankee Doodle is offline  
Old November 1, 2012, 04:41 AM   #10
Willie Lowman
Senior Member
 
Join Date: March 5, 2009
Location: Uh-Hi-O
Posts: 2,421
Yankee, I see you trollin'

I wouldn't pay over 5300 for a Stemple unless it came with some extras.
Willie Lowman is offline  
Old November 1, 2012, 10:06 AM   #11
Belve
Member
 
Join Date: October 2, 2012
Posts: 58
i would buy it. if i can afford a 6k firearm i think id be able to afford the ammo to use it
Belve is offline  
Old November 1, 2012, 11:07 AM   #12
poprivit
Member
 
Join Date: November 22, 2007
Posts: 17
Stemple

Willie L - ah, but it does come with extras. Got a spare barrel with a Stemple can on it. Four position AR-type stock, spare short barrel, two recoil springs. C-More red dot sight. Plus, it uses unmodified Grease Gun mags. The grins it brings when shot are free.
Attached Images
File Type: jpg DSC_0061.JPG (210.0 KB, 88 views)
poprivit is offline  
Old November 2, 2012, 04:37 AM   #13
Willie Lowman
Senior Member
 
Join Date: March 5, 2009
Location: Uh-Hi-O
Posts: 2,421
Well, in that case someone will be getting quite a deal. Sadly this is the wrong time of year for me to consider buying machine guns.
Willie Lowman is offline  
Old November 2, 2012, 07:16 AM   #14
Skans
Senior Member
 
Join Date: November 20, 2008
Posts: 7,861
deleted.
Skans is offline  
Old November 2, 2012, 10:35 PM   #15
David Hineline
Senior Member
 
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
In this case the gun is owned individual, not dealer, so two taxes $400 are paid for the silencer and machinegun, to the buyer's dealer, then 2 more taxes $400 are paid for the transfer of the silencer and machinegun to the buyer from the buyers dealer.

$800 total
David Hineline is offline  
Old November 2, 2012, 10:58 PM   #16
TXAZ
Senior Member
 
Join Date: September 5, 2010
Location: TEXAS!
Posts: 1,397
Depends on the condition.
__________________
!أنا لست إرهابي
TXAZ is offline  
Old November 3, 2012, 04:23 AM   #17
Willie Lowman
Senior Member
 
Join Date: March 5, 2009
Location: Uh-Hi-O
Posts: 2,421
David speaks truth on the transfer taxes. Unless a in state sale is done without the dealer.
Willie Lowman is offline  
Old November 3, 2012, 12:03 PM   #18
poprivit
Member
 
Join Date: November 22, 2007
Posts: 17
Transfer tax

There is no transfer tax from a private individual to a dealer.

The dealer then will transfer the MG and the suppressor to the new buyer with two tax stamps. The suppressor as one; the gun as the other. if the suppressor was welded to the barrel and the barrel not removable, as in my Savage with an Outback on it, there would be only one tax stamp needed.

BTW; If you sell a Class III weapon, the tax stamp has a collector's value of $50. I've sold a number of old ones to people.
poprivit is offline  
Old November 3, 2012, 12:33 PM   #19
David Hineline
Senior Member
 
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
Poprivit you are incorrect

Poprivit you are incorrect, this is an opportunity for you to listen and learn and understand.

Anytime a privatly owned NFA firearm is transferred to another individual or a NFA SOT paying dealer a tax is due. Dealer to Dealer transfer is on a form 3 tax free but individual to dealer is tax paid form 4.

Form 5 tax free transfers go tax free to govment agencies and the BATFE will process tax free form 5 transfers to heirs in an estate situation.
David Hineline is offline  
Old November 3, 2012, 04:18 PM   #20
reticle
Senior Member
 
Join Date: November 27, 2002
Location: ut.
Posts: 312
Quote:
Originally Posted by Yankee Doodle
There is no reason in the world for a civilian to own a fully automatic weapon.
If one understands the purpose of the second amendment, then yes, a non felon citizen has the right to any weapon likely to be used against him by tyrannical govt. Right now, that includes among other things, fully automatic weapons.
reticle is offline  
Old November 3, 2012, 05:24 PM   #21
bossman
Senior Member
 
Join Date: November 16, 2010
Location: Arkansas
Posts: 996
No way, tried the full auto, years ago. Got tired of being called in on everytime I went to shoot it. They are fun and you have to reload, but not worth the money, permits, or the hassle.
__________________
NRA life member

When the going gets tough, I just open another beer.
bossman is offline  
Old November 3, 2012, 06:19 PM   #22
Yankee Doodle
Senior Member
 
Join Date: December 5, 2004
Location: NY state
Posts: 573
Hey Reticle
Read the entire post. It appears to me that you fail to understand my feeble attempt at a bit of humor.
__________________
God Bless America
Y.D.
Yankee Doodle is offline  
Old November 3, 2012, 07:01 PM   #23
Nathan
Senior Member
 
Join Date: July 1, 2001
Posts: 1,961
I had better get my car sold in anticipation of this going up for sale. . .oh shoot, I need that to go to work. . .Well, may just have to live with my semi AR's!
Nathan is offline  
Old November 4, 2012, 08:48 AM   #24
tmorone
Senior Member
 
Join Date: October 22, 2010
Posts: 221
I can't speak to machine guns, but suppressors going from dealer to dealer DO NOT incur a $200 tax.

Dealer to dealer happens on a form 3, tax free form. Dealer to individual or trust is a form 4, which a stamp is stuck to.

You're putting info out that's flat out wrong David. I've purchased 4 suppressors this year and all from out-of-state. Dealer to dealer, then dealer to me were only $200 per can total...not $400 like you're saying it should be.
tmorone is offline  
Old November 4, 2012, 02:50 PM   #25
David Hineline
Senior Member
 
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
Tmorone everything you said is correct, there is no dealer to dealer tax, this is not the situation of the original poster, he is not a dealer, he bought the silencer and machinegun on a tax paid form 4, he is not a dealer, he can sell to a dealer in his state or in any state, or an individual in his own state on tax paid form 4. then it can go through as many dealers as needed on tax free form 3 but if his final customer is not a dealer it goes from the final dealer to the individual on tax paid form 4 again.

Your silencers are no different that machineguns except machineguns due to the ban have a value in the used market because they appreciate fast enough to cover the transfer tax times 1 in state or times 2 out of state. Where since your silencers can be bought new with one tax, there is no used market on silencers. Sometimes in state they will sell with one tax, but unless some special antique historical silencer no one is going to pay double NFA tax on a used silencer when they can order brand new from a dealer or manuf. on one tax.
David Hineline is offline  
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 07:21 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
This site and contents, including all posts, Copyright © 1998-2014 S.W.A.T. Magazine
Copyright Complaints: Please direct DMCA Takedown Notices to the registered agent: thefiringline.com
Contact Us
Page generated in 0.12114 seconds with 10 queries