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Old May 13, 2007, 05:29 PM   #2
shaggy
Senior Member
 
Join Date: October 9, 2004
Posts: 1,519
Yup, thats correct. In 1986 Congress passed a law prohibiting the new manufacture and registration of machineguns for civilian use and possesion, but full auto weapons which had been properly registered were 'grandfathered'. With a fixed (actually steadily decreasing) supply and an ever increasing demand due to more and more people realizing grandfathered machineguns are legal the prices have shot through the roof.
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