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Price Gouge Isle 5


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#1 Arthur Fliegenheimer

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Posted 31 January 2004 - 10:38 AM

A seller on the NFA board has two run of the mill Bridgeport drums and wants $2,500.....for each!!! Is it 2010 already?
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#2 Nick Iannamico

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Posted 31 January 2004 - 12:44 PM

People are buying MGs as investments now, not even having an interest in them other than their rising value.. damn shame.
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#3 Walter63a

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Posted 31 January 2004 - 01:55 PM

I think that by 2010, the only people who will be able to afford these beautiful Thompsons/ Thompson accessories will be trust fund babies (like Paris Hilton), Wall Street stockbrokers, lottery winners, and plastic surgeons!! That is, if we don't do something about changing the laws (1986 and 1994 gun control laws), only the very wealthy will be able to purchase such items! ohmy.gif blink.gif sad.gif mad.gif Regards, Walter

P.S. The peoples right to keep and bear arms continues to be infringed, diluted and destroyed!
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#4 Norm

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Posted 31 January 2004 - 02:14 PM

Sadly, this type of exteme pricing will tempt otherwise law obeying citizens dry.gif to resort to making or buying illegal drum magazines.

I wonder what will happen the first time a person gets caught with a registered Thompson SMG, and a LEO drum? sad.gif

He gets in big trouble; not for the gun, but for the magazine he has! Stupid if you ask me. mad.gif

Well, lets prey that the AWB goes away! wink.gif

Norm

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#5 Arthur Fliegenheimer

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Posted 31 January 2004 - 05:02 PM

Walter,
If there weren't any laws regulating NFA weapons, and they still commanded these prices, would you want to make it unconstitutional for their values to exceed the bank accounts of blue collar Americans? These have always been non-essential itmes. Now they are luxury items, just as many collectables have become over the past 20 years, whether they were intended for the common man, or not.

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#6 Walter63a

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Posted 01 February 2004 - 12:19 AM

No Arthur, this has nothing to do with blue collar vs. white collar. As you probably know, there are many truck drivers, factory workers, even garbage collectors who earn $70,000+/year. On the other side, we have many white collar secretaries, paralegals, insurance adjusters,etc., who earn barely $30,000/ year. Luxury items and collectables have always been non-essential! Guns, for most Americans are not luxury items, but, rather, essential to preservation of life, liberty and the pursuit of happiness. This has nothing to do with class or size of bank account. What I am talking about is that the Second Amendment to the U.S. Constitution has been under attack since early in the 20th. Century, certainly since the 1934 NFA Act. I am talking about a fundamental infringement of the rights of all Americans! ohmy.gif blink.gif cool.gif As much as you, Arthur, would like to foment some sort of class strife, this has nothing to do with class or income level. When they come for your guns, Arthur, what will you do? Will you wait until it gets to that point, or will you join with normal Americans, who value their Constitutional rights to own firearms? Speak up Arthur! I would like to hear your opinion regarding the Second Amendment. Do you believe it only applies to the super wealthy, or does it apply to all law-abiding Americans, as the Founding Fathers of this nation, like George Washington, Thomas Jefferson, Samuel Adams, John Adams, James Madison, Benjamin Franklin, and many others, intended? cool.gif Regards, Walter
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#7 John Jr

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Posted 01 February 2004 - 12:31 AM

You tell him Walter! Hey Arthur, try posting in the demographics of our group, but this time tell us about you. We know your from Atlanta, fill the rest in for us. I know who you are anyway, might as well tell the rest of the group.

Jr

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#8 Walter63a

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Posted 01 February 2004 - 12:36 AM

Thanks John, Jr.! biggrin.gif I'll speak with you next week at your fireside Thompson chat. smile.gif tongue.gif cool.gif Regards, Walter
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#9 Arthur Fliegenheimer

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Posted 01 February 2004 - 12:54 AM

QUOTE
I think that by 2010, the only people who will be able to afford these beautiful Thompsons/ Thompson accessories will be trust fund babies (like Paris Hilton), Wall Street stockbrokers, lottery winners, and plastic surgeons!!


Walter,
That sure sounds like a working class vs priveledge class observation. But you still did not answer my hypothesis: If there were no NFA regulations, and Class III weapons were still outrageously expensive, what would you suggest as a remedy? Your post mentioned Class III weapons specifically. What American is being denied the right to possess non Class III firearms in their home? Surely those who do not own machineguns are not considered defenseless? I know we have skipped down this road before, but why if the 2nd Amendment is always foremost in your psyche, you do not relocate to a NFA friendly state?

John J,
Right. I'm from Atlanta. My name is Ted Turner. I did post a bio in answer to one of Walter's post months ago.

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#10 Walter63a

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Posted 01 February 2004 - 01:15 AM

Arthur, your hypothesis is irrelevant, since prices of NFA (Class III) weapons are outrageously high due, largely, to the 1934 NFA Act, the 1968 crime law, the 1986 gun control law, and the 1994 assault weapons ban, but mostly due to the 1986 law and the 1994 law. As you know, and have anticipated, there are many Americans located in non-NFA friendly states. I am not talking about that, but rather, the Federal Laws, which have fundamentally, and unnaturally, driven up prices on these items. I am not merely writing about defense, but life, liberty, and the pursuit of happiness. I am seriously considering a move from New York State for those very reasons. The Second Amendment is not always formost in my psyche, but I do tend to associate it with firearms ownership, and infringements upon it! blink.gif ohmy.gif Regards, Walter

P.S. Can you not be serious, for once, about your identity. I don't recall you ever saying anything about yourself! You merely wrote about owning a German Shepard and moving around the United States, during your 44 years on the planet. Everyone knows you live in Atlanta, Georgia. Why don't you tell us a little about yourself? smile.gif cool.gif
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#11 John Jr

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Posted 01 February 2004 - 01:17 AM

Arthur, if you are Ted Turner, send Nick a check for 3.5 million please. Its tax deductable! THEN we can post pictures again.

QUOTE
I did post a bio in answer to one of Walter's post months ago.


Must have missed that, could you tell us again?

Jr
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#12 mp40

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Posted 01 February 2004 - 01:41 AM

Walter, have you noticed that it is people like us (from non-class3 states) that are always the ones talking about the restrictions on our rights? Arthur, from Atlanta????who is in a fullauto state, is usually "non-caring" when it comes to the subject of firearms rights. Perfering to dismiss our worrys on the subject as if they don't affect him..That's too bad...for we can use all the help that we can get in this important, never ending fight...
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#13 Walter63a

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Posted 01 February 2004 - 01:46 AM

Exactly right mp40, I couldn't have said it better myself! blink.gif ohmy.gif sad.gif ph34r.gif Regards, Walter
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#14 Murray

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Posted 01 February 2004 - 02:40 AM

It is interesting that down here were there are no restrictions on Thompson mag sizes or Thompson gun ownership (provided you have a collectors or dealers licence,) the price of all thompsons has doubled here in the last 3 years.
I would agree that our prices are no where near yours but, we are looking at $10-14,000 for a 21 and 3-4000 for a 28 in any condition.
What has really driven up the price here is films like "band of brothers" and a marked increase in interest. We can still import them, but only if you cannot obtain one on the local market, and they are becomming as rear as rocking horse poo.
I understand there is a 28 coming up in a gun auction in April and there is huge interest already. There has always been a great fascination with John Thompsons gun and it seems to be growing even down under.Interesting?
Kind regards
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#15 SecondAmend

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Posted 01 February 2004 - 10:10 AM

If I recall correctly, on the "old board" someone did an analysis showing TSMG prices were increasing percentage-wise very closely to the Dow Jones Industrial Average over the period from the 70's onward when sporadic rises and falls of the Dow are factored in. If that is true, then it would be hard for me to complain about rising Thompson prices. I don't like it, I just can't justify complaining about it. Were one to compare TSMG prices to, say, personal computer prices then they are completely different with personal computer prices approximating "Moore's Law" where computer cost drops by half and content doubles every two years.

As far as this particular seller and the particular items are concerned, again doing a percentage-wise look, if one compares to a seller who advertises a XXX stick mag that can be bought any time for $15 or less and asks $40-$100, the stick mag seller is really more egregiously out of line in their asking price than this seller is. In either case, I believe it is a case of mis-information or gross mis-understanding on the part of the seller. Were I inclined to purchase the drums, I would call the seller and politely inquire as to the basis for their pricing and gently inform them of a more realistic value.
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#16 21 smoker

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Posted 01 February 2004 - 10:47 AM

Walter,Arthur,.et.al.,IMO the1934,1968 and 1986 NFA gun law restrictions create an increase in demand by limiting supply,factor in the baby boomer maturation,...prices are very predictably going to rise,.. and that effect will be global given enough time.Change the fed laws and allow new manufacture...the sqeeze will diminish and prices will go down...just look at post samples prices...real prices without gov.manipulation.Just my .02.KEEPEM`SMOKIN`,out. wink.gif
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#17 Mike Hammer

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Posted 01 February 2004 - 10:52 AM

I hate to see bickering among board members. The answer to all this is simply supply/demand economics. Laws passed in recent years, ( Laws WHICH I FOLLOW BUT DO NOT AGREE WITH) have fixed the supply of Class 3 guns, so whenever the demand rises, the prices rise as well. We happen to be in a period of high demand for these limited amount of weapons so prices are very high, that's just the way it is and the way it will continue to be unless the laws are changed. And a lot of political mindsets must be changed before any present gun laws will be changed, I will fight for them to be changed but I really don't expect to see any changes in the near future. The average American citizen dosn't seem to care or realize that their rights, so hard earned over the past 250 yrs., are slowly being stripped away from them one by one by an ever growing monster with an insatiable appitite for control called the Federal government. sad.gif
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#18 bug

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Posted 01 February 2004 - 12:01 PM

Don't forget the Internet. I believe that it is one of the keys to the ever increasing prices.

10 years ago all of the current MG laws were in place and collecting/buy/sell was fairly calm. The increase of people online since then has been dramatic. It is not just machine guns that are affected. I dabble in South Bend Lathes and the price of parts for them is getting rediculous. All you have to do is take a look at Ebay and you'll know what I mean.


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