USAS-12 Sold for....

Skans · February 14, 2017, 04:39 PM

At a Rock Island Auction, a semi-auto USAS-12 was recently listed with an estimate between $2,500 and $4,000. These are NFA courtesy of Bill Clinton and were required to be registered in the 1990's. Apparently there was a deadline to register these on a Form 1 (I don't understand the deadline - seems to me they can be registered at any time, since they are not machineguns, but this was a special rule/law)

I have been inquiring about how many of these actually got registered before supposed deadline. Apparently, not that many - It sold for $7,475.

Update - I checked this out further and according to BATFE Rulling 2001-1, ATF approximately 8,200 of these weapons were registered. The Registration period closed on May 1, 2001 and no further registrations will be accepted after that date.

smee78 · February 14, 2017, 04:48 PM

Wow, that is a healthy mark up. And I thought 1919A4 parts kits were going up in prices lol.

peggysue · February 26, 2017, 08:58 AM

Rock Island Auction is just across the river from me. They take a big cut of the sale.

Skans · February 28, 2017, 09:27 AM

Rock Island can afford to take a big cut of their sale. From what I can tell, their auctions generally fetch higher prices. I went to one, in person, once; bid on lots of things, but I was way low. I did end up winning an STI 2011 custom .45 at a fairly decent price.

I'm leaving instructions to my family that in case I die, I want whatever they don't want to keep sold off at RIA. Much better than getting ripped off by the local gun sharks.

February 14, 2017, 04:39 PM	#1
Skans Senior Member Join Date: November 20, 2008 Posts: 11,132	USAS-12 Sold for.... At a Rock Island Auction, a semi-auto USAS-12 was recently listed with an estimate between $2,500 and $4,000. These are NFA courtesy of Bill Clinton and were required to be registered in the 1990's. Apparently there was a deadline to register these on a Form 1 (I don't understand the deadline - seems to me they can be registered at any time, since they are not machineguns, but this was a special rule/law) I have been inquiring about how many of these actually got registered before supposed deadline. Apparently, not that many - It sold for $7,475. Update - I checked this out further and according to BATFE Rulling 2001-1, ATF approximately 8,200 of these weapons were registered. The Registration period closed on May 1, 2001 and no further registrations will be accepted after that date. Last edited by Skans; February 14, 2017 at 04:44 PM.

February 14, 2017, 04:48 PM	#2
smee78 Senior Member Join Date: July 14, 2008 Location: South Carolina Posts: 2,918	Wow, that is a healthy mark up. And I thought 1919A4 parts kits were going up in prices lol. __________________ We know exactly where one cow with Mad-cow-disease is located, among the millions and millions of cows in America, but we haven't got a clue where thousands of illegal immigrants and terrorists are

February 26, 2017, 08:58 AM	#3
peggysue Junior member Join Date: May 20, 2014 Posts: 1,835	Rock Island Auction is just across the river from me. They take a big cut of the sale. Last edited by peggysue; February 26, 2017 at 11:49 AM.

February 28, 2017, 09:27 AM	#4
Skans Senior Member Join Date: November 20, 2008 Posts: 11,132	Rock Island can afford to take a big cut of their sale. From what I can tell, their auctions generally fetch higher prices. I went to one, in person, once; bid on lots of things, but I was way low. I did end up winning an STI 2011 custom .45 at a fairly decent price. I'm leaving instructions to my family that in case I die, I want whatever they don't want to keep sold off at RIA. Much better than getting ripped off by the local gun sharks.