Midas Thompson

[TOMMY SMG]

Auther & Walter,

 

I was just sharing with you what the man said, hell, you know as well as I that this is one of the crazyest type of gun to collect anyway http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/blink.gif . It has so many emotional ties too its' history, some people go nuts and will do and pay whatever it takes to have one http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ohmy.gif . That's why I'm not really shocked http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/dry.gif when I see these Thompsons that have any kind of special recordable history going for untold & unheard of amounts of money http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/huh.gif .

 

Yes, your right http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/wink.gif , being a broker for such a high dollar item would tend to make you do a little research on it so you would know what the hell your talking about, but for some reason, Mr. Wiles didn't come across in that "salesman type style" (maybe he's a real good salesman? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/biggrin.gif ) to me http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/unsure.gif .

 

Regardless, if indeed these types of guns are going for these kinds of prices, just think of the investment potential? What will they be worth in 20 yrs. from now??? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ohmy.gif !!!!!!!!

 

Or better yet, just enjoy the Thompsons' we have, you never know if a BIG ASS http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ph34r.gif METEOR will crash into us next year http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ohmy.gif and then no one will give a dam how much you paid for your Thompson, because no one will be here to care http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ph34r.gif !!!........

 

Food For Thought!!! http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/blink.gif !!!!

 

Jim http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/smile.gif

 

PS- He did know that the first dozen (or/so) Thompson produced were destroyed http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ohmy.gif do to some mismanufactured parts on those guns??!!!

 

 

[Walter63a]

Jim, your points are well taken; I did not mean to denigrate anyone's sanity. http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/rolleyes.gif It's just that I would rather have 3 or 4 'ordinary' Model 28 Thompsons and a whole 'shit-load' of C and L-Type drums, for $100,000+. Maybe that is just the form my own personal insanity takes; Who knows? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/smile.gif http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/blink.gif Also, I can't deny, and am not indifferent to, the skill and workmanship (artistry even) which obviously has gone into the 'Midas'. I think it is a matter of personal taste and preference. That gun could be called an ultimate display gun: but, as to utility....well? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/wink.gif I wonder how many times the new owner will actually take that gun out of its climate controlled, 'burglar proof', vacuum packed, museum quality display case, dust it off and take it to the range for some trigger time? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/sad.gif

 

P.S. Did you guys hear that 'The Terminator' is running for Gov. of CA. He says he's going to Sacramento to,"clean house." http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/smile.gif

[Arthur Fliegenheimer]

Jim,

Don't get me wrong, I would love to own the "Midas". But for nearly thirty years I thought (or was led to believe) that it was a truly special Colt Thompson that was the product of an employee working at the Hartford, Connecticut plant back in 1921/22. When I discovered that it was a set up piece by Earl, I no longer pinned for it. Now that it has surfaced again on the market, (after three or four years), and found its way into the home of another Thompson collector, I am happy for the new owner. I did think that when it was on public display it helped to boost the appreciation for Thompson's by appealing to novice unlookers.

 

The reason I mentioned the number 41 Colt TSMG is because that is the first of the 15,000 Colt serial numbered Tommy's. I also guess the problem with the "Midas" gun is that its history stopped in 1970 when it was re-blued, re-wooded and engraved. There is really nothing historical about Earl promoting the weapon on the cover of G&A back in 1973. It is sort of like the current crop of celebrities who are famous for being famous. Their achievements, or lack there of, is not the reason why the public knows about them. I feel that is the same allure of the "Midas" gun. It has a sense of contrived worth.