Machine Gun Price Guide

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Price Guides last updated: December 2014

The State of ... ‘A rising tide lifts all boats’ is a phrase often attributed quite incorrectly to the late President John F. Kennedy. He might have been talking about the Class III market because even the most unloved examples appear to be increasing in price. But that’s nothing compared to the most valuable (rare?) which have, in many respects, been among the best investments of the Century.  Consider this: If you had acquired an HK Sear in the summer of 2011, it may have cost $11,000 or $12,000, maybe less if you were a shrewd buyer. Surely an exorbitant price, exhorted by many to be nothing short of greed and thievery perpetrated by the most despicable among us. Now if you had held that Sear until today, about 3 1/2 years later, it could be worth valued at $26,000 or $27,000, a modest return of 135% or about $15,000. To get a return like that, you have to be in the business of printing your own money like the Federal Reserve, creating money from nothing (and your chicks for free). Equally astounding is this isn’t an isolated example; there are more that are similar.

General Ranting - The average person’s understanding is that the Constitution (really the Bill of Rights) define the rights granted by the Federal Government to its citizens (called the people). Nothing could be further from the truth. The Amendments to the Constitution (the Bill of Rights) spell out the natural rights of man, not to be trampled or even challenged by the government. At one time this might have even been true. Now the government is so intrusive upon life that you can’t urinate without the Piss Boys challenging the ph of your sewage. The government controls everything so it becomes natural to beg them for your “rights”. That’s the way the king treated his subjects who needed to grovel before him for every scrap received. We threw off those shackles with America, the concept. Does it exist any more? Where’s a Thomas Jefferson when we need him?

Misconception #2 is that America is a fine example of a democracy. The apt definition of a democracy is two wolves and a sheep voting on what to have for dinner. Thus, a really fine democracy could have 50.1% of the population decide to annihilate the other 49.9%. The Constitution defines the Federal Government (and the state governments) as a republic, where the people elect their representatives who control the government. This novel idea of representative democracy was promoted by James Madison and created a government only indirectly controlled by the people. The key concept was that the majority could not vote to terminate the natural rights of a minority. The tyranny of a democracy was as feared as the rise of a new monarch, perhaps lessons to be relearned.

More of the STILL Continuing JPFO Rant - There’s been a few negative comments about this, but if you had a father or grandfather that fought in the Pacific during WWII, you may be alive today due to the nuclear bombing of Japan that ended the war in the Pacific. At least 1 million US and up to 4 million Japanese lives were saved when Japan surrendered, negating the anticipated invasion of Japan. My dad was Army Air Force in India and Burma during the war and was being readied for the invasion. His life was likely spared due to the bombing of Hiroshima and Nagasaki. For JFPO to allow revisionists a voice to equate these events with the Nazi Holocaust is disgusting. This rant will stay until JFPO addresses the issue. It’s been over 2 years and haven’t heard from them yet. If you don’t like it, skip it or try out your delete key.

UPDATE On JPFO - Apparently JPFO has fallen apart after the death of Mr. Zellman and other unfortunate events befallen their leadership. They have merged with the Second Amendment Foundation (SAF) sometime in  4Q 2014. SAF’s leader, Alan Gottlieb has previously stated his opposition to Class III guns, while barely tolerating semi-automatic weapons. Additionally, Gottlieb supported the Toomey/Manchen universal background check/gun registration bill. Maybe not the best of friends for automatic weapon advocates. I expressed my reservations about the “Japanese genocide” to Alan Korwin of gunlaws.com who has joined with SAF/JPFO to promote their alliance and received a big fat no response. I even bought one of his books; how ungrateful!

 JPFO used to be a no-nonsense civil rights organization with special emphasis on the rights of self defense. Unique for a Jewish organization. Then Mr. Zellman passed away and they may have lost their compass. Last October (2011!), one of their correspondents penned an article about government sponsored genocides that included this paragraph:

    I've seen many other programs about the Nazi Holocaust -- or Shoah (the  "Catastrophe") as it's also been called -- and so have you. Along with  the Turkish slaughter of the Armenians, the Chinese "Massacre of the  Landlords", Stalin's deadly crimes, (I would also include what happened at Hiroshima and Nagasaki), and the insanity of the Cambodian Killing  Fields, the Nazi Holocaust, the principal horror of the 20th century,  was the crowning achievement of untrammeled statism in an age which, not by any means coincidentally, saw the rise of the gigantic super-government.”

Include what happened at Hiroshima and Nagasaki among the genocides of the 20th Century? We know what happened at Hiroshima and Nagasaki; Nuclear bombs were dropped on Japanese cites causing widespread destruction and massive casualties causing the previously reticent Japanese to surrender. Subsequently, the planned invasion of Japan was canceled, saving millions of Japanese and Allied lives. The casualties numbered in the hundreds of thousands. JPFO was way out-of-line to equate those acts of war with the 100s of millions liquidated by their own governments. You be the judge as I still haven’t seen any retraction from JPFO.

Machine Gun Price Guide - The definite source of machine gun price information on the Internet. The MGP contains price information for over 100 transferable automatic weapons. Navigate to the Price Guides to find a particular category and select a thumbnail for a full screen display of an easily understandable chart of average prices and trends in a high/low window over many years of history.

The uniqueness of our Constitution and the rights recognized and protected by the Bill of Rights makes the US  one of the only countries in the world to allow civilian ownership of automatic weapons. This privilege is controlled by various laws and regulations that exist to control and restrict ownership. Regardless of your stand on the fairness or even the constitutionality of the regulations, follow the links below to begin understanding what defines a machine gun an individual may own and how to acquire/dispose of them in ordinary commerce.

Links You Don’t Want to Miss

Transferability - What’s a “Transferable Gun”?

NFA Forms

The Transfer - How to Sell (Buy) a Machine Gun

 

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