
Could A Wh M1 Be Worth 14k?
#1
Posted 09 July 2005 - 04:01 PM
I just bought a W.H. M1 Thompson last month for 10K (Gun is still in transfer). I thought these guns were worth 11 to 12K tops.
http://www.onlythebe..._inventory.html
#2
Posted 09 July 2005 - 04:52 PM
some bought thompson's!!
so i said yep ship me ten of them...and a few 28's....
since i can't look like tony the lip at the next gun show. and have to have a few tommie's to present along with four nice colt cased set's...the big daddy day's when one was great to have.
after they arrived half parked and the other half blued.. i liked them...
at the big retail of $1,200.00 or so... and everybody said i want a colt...wes -hurlee not for me..
so i moved half to recon and the other half to another wisc.dealer.along with about twenty f.b.i.replica case's..
and everybody was happy...i made enough to buy maybe a c-drum at the time..
now today 2005 everybody has the hurlee fever!!
gotta get one..pay $10,000 to $20,000 whatever...
it is a sickness pure and simple..and unless you go cold turkey........it will continue on...
i see you bought the one for $10,000.00 fair considering todays idiotic pricing.
i valued them at half of what any colt ever went for..
and i was buying up nice colt's for $5,000.00 and my cheapest 21a was $900.00 not too many have beat that price yet that i am aware of.considering new in 1929 was 250.00 shipped with extra's..the chief had to tell me what they paid and had it on the receipt..today i'd pay$18,000.00 to have that gun back. maybe since it was my first colt.and it had some history to it.
{see i gave up the secret of price on a historical 21a thompson..}
enjoy what you bought..don't worry whatever you see advertised.anybody can ask what they want...
after i finish my new place in the desert.near the missle base..i will want a million... { anybody can ask whatever they want.}i don't expect many taker's, guess why?i'm not selling!wink!! and when you decide to move it.and you will, never say never!you will have had fun.and maybe just maybe make the buck's back and some extra...
unless you want to trade it in for a colt.then from there it is all down hill..you then have a incureable disease.
and the only way out is d........well i won't go into that.
have fun. take care,ron
#3
Posted 09 July 2005 - 05:17 PM
The fact that they are now C&R guns, in my opinion, will place a slight premium on them for some buyers. $14K is probably going to be the going price for a nice one, if not already, probably very soon. Whether that makes sense to everyone, or not, that is the market at work. Some may argue this point, and whether a 3rd generation Thompson should be worth that amount. I doesn't matter. There are less than 700 of the WH M1's available.
My very good friend in town also has a WH M1, which he purchased NIB in 1991, and his has been a great weapon as well.
David Albert
dalbert@sturmgewehr.com
#4
Posted 09 July 2005 - 05:34 PM
also you got some great book's.lucky i still kept the library.
"In the future only the rich will own Thompson's"
kinda orson welle's huh??
take care,ron
#5
Posted 09 July 2005 - 07:06 PM

#6
Posted 09 July 2005 - 07:56 PM

#7
Posted 09 July 2005 - 09:28 PM
#8
Posted 10 July 2005 - 08:10 AM
A 1919 requires some sort of mount, tripod, vehicle mount, a support crew of two. A loader is required to keep it fed. A vehicle is recommended for these due to its weight and accessories, like a tank, halftrack, jeep, or weapons carrier.
I love my M1, but I find myself in "need" of a 1919. Any 1919 owners ever find themselves in "need" of a Thompson?
#9
Posted 10 July 2005 - 08:58 AM
QUOTE (Norm @ Jul 9 2005, 07:56 PM) |
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Hey I know that number!!! I'm pickin mine up today from Merle.... Also has two reworked drums for me also...... Pictures and maybe video tonight!
#10
Posted 10 July 2005 - 09:02 AM
Glad to hear that "pin-gun" (that is what mine has been called) is almost in your hands!

I'll be looking for a video and some pics.
Now I'm off to Indy!
Norm
#11
Posted 10 July 2005 - 05:26 PM
#12
Posted 10 July 2005 - 09:17 PM

#13
Posted 11 July 2005 - 09:38 AM
i better pull out those auto ord.letterhead's.and say high bidder!!
however they will sit in the old file cabinet...as i can't see selling old paper......
"have fun enjoy the future ,and never forget the past."
#14
Posted 11 July 2005 - 10:44 AM
Ron, if you want to send one of those letterhead papers my way........always a must for the collection.
#15
Posted 11 July 2005 - 05:17 PM
The ATF stamps usually go for $20-$50.
The "$5" ones are more rare thus get the higher prices.
MP
#16
Posted 11 July 2005 - 09:23 PM
#17
Posted 12 July 2005 - 05:13 AM
#19
Posted 12 July 2005 - 05:54 PM
Whoever buys that WH M1 can just about go into business selling 30-round magazines!
David
#20
Posted 12 July 2005 - 09:25 PM