)!http://www.gunbroker...p?Item=42652532
M1 Sold
Started by
giantpanda4
, Jan 18 2006 07:15 AM
14 replies to this topic
#1
giantpanda4
-
- Board Benefactor
-
- 2452 posts
Respected Member
- Gender:Male
- Location:Howell, MI 48855
- Interests:Mechanical toys - cars, instruments, and of course - guns. The 1921-28 thompsons are the epitomy of perfection for a mechanical device that fills all my interests!
Posted 18 January 2006 - 07:15 AM
M1 going for that much?? $19K? Even I would think this is a bit high (or early )!
http://www.gunbroker...p?Item=42652532
)!http://www.gunbroker...p?Item=42652532
#2
full auto 45
-
- Board Benefactor
-
- 4973 posts
Respected Member
- Gender:Male
- Location:Looking over your shoulder right now
- Interests:Thompson's, Any Machinegun, Harley's and scuba diving. In that order.
Posted 18 January 2006 - 07:59 AM
Nice early gun. About 2 grand too high for it. Even with 9 cuts in the stock. I know a couple people that have been looking at it hard.
#3
Roland, Headless Thompson Gunner
-
- Board Benefactor
-
- 706 posts
Long Time RKI Member
- Gender:Male
- Location:East Coast
- Interests:Thompsons, Garands, All things WW2, Corsairs, Classic Guitars
Posted 18 January 2006 - 01:49 PM
Looks like he got it for 19k. As Mike said, I think a grand too high but less than the original 22.5 asking price.
#4
JimFromFL
-
- Regular Group
-
- 1974 posts
Long Time RKI Member
- Gender:Male
- Location:Florida
Posted 18 January 2006 - 02:00 PM
| QUOTE (Roland, Headless Thompson Gunner @ Jan 18 2006, 01:49 PM) |
| Looks like someone picked it up at the 24k buy it now price which was 2500.00 above Mike's OBO price on subguns. I told him I thought (and still do) 18k was a reasonable price. PT Barnum is provein right once again. |
Or maybe that have lots of $$$$ and little patience.
If I had extra $$$ to burn, I wouldn't waste my time shopping to get the best price. I would buy what I want when I want it.
Oh, that reminds me..... I have to buy lottery tickets for tonight.
#5
Arthur Fliegenheimer
-
- Regular Group
-
- 3782 posts
Respected Member
- Gender:Male
Posted 18 January 2006 - 02:13 PM
Can you really put a price on one notch not to mention 9 of them? G.I./Marine must have been a relative of Jesse James.
#6
Roland, Headless Thompson Gunner
-
- Board Benefactor
-
- 706 posts
Long Time RKI Member
- Gender:Male
- Location:East Coast
- Interests:Thompsons, Garands, All things WW2, Corsairs, Classic Guitars
Posted 18 January 2006 - 02:15 PM
I misspoke in my original post, now edited. I thought the auction had ended early with only one bidder so it went for the 24k buy it now price. I see now that it ended at the starting price of 19k It is a first week production, matching M1 with early, correct configuration and a story. I'm just glad it didn't break the 20k barrier so I don't have to read that going price for M1s is in the 20's now.
#7
philasteen
-
- Board Donor
-
- 1118 posts
Long Time RKI Member
Posted 18 January 2006 - 02:43 PM
I think that was a fair price for that gun relative to what other Thompsons sell for.
Of course, the prices in general are insane, but that's another matter entirely.
Of course, the prices in general are insane, but that's another matter entirely.
#8
Z3BigDaddy
-
- Regular Group
-
- 3705 posts
Long Time RKI Member
- Gender:Male
- Location:State of Jefferson
- Interests:Shooting, Hunting, Metal Detecting, Gun Trad'n
Posted 18 January 2006 - 03:21 PM
| QUOTE (philasteen @ Jan 18 2006, 02:43 PM) |
| I think that was a fair price for that gun relative to what other Thompsons sell for. Of course, the prices in general are insane, but that's another matter entirely. |
The provenance is awsome.... 
The true story is worth the extra bucks any day of the week...
#9
Roland, Headless Thompson Gunner
-
- Board Benefactor
-
- 706 posts
Long Time RKI Member
- Gender:Male
- Location:East Coast
- Interests:Thompsons, Garands, All things WW2, Corsairs, Classic Guitars
Posted 18 January 2006 - 03:47 PM
Buy the gun, not the story. 
#10
philasteen
-
- Board Donor
-
- 1118 posts
Long Time RKI Member
Posted 18 January 2006 - 04:13 PM
Unless the story can be verified. Then it's a "provenance", not a story!
#11
Roland, Headless Thompson Gunner
-
- Board Benefactor
-
- 706 posts
Long Time RKI Member
- Gender:Male
- Location:East Coast
- Interests:Thompsons, Garands, All things WW2, Corsairs, Classic Guitars
Posted 18 January 2006 - 04:22 PM
Not to be a smartass but provenance is the history of ownership, not the story.
#12
October1971
-
- Regular Group
-
- 306 posts
Industry Expert
- Gender:Male
Posted 18 January 2006 - 04:23 PM
I love Roland Headless Thompson's "Buy the gun, not the story." I've used that for years and years. Especially at gun shows when the seller says: "I got it from a guy, who "said" that it was carried by Al Capone, or Billy the Kid, or ......When you ask for "probvenance" they just look at you and say: "What's provenance?"
The reality, however, is that the early WWII guns are catching up with the gap between them and Colts. (They will never close that gap IMHO, but they are gaining fast. I sold an absolute creampuff M1 (not M1A1) and delivered it at the Creek last October. Price: $19,000+ and some change. Was a 4-digit number and came with an original padded canvas jump case with unit markings etc. 9 years ago I would have been asking $3500.
Barring legislation and a nuclear attack, I firmly believe that TSMGs (even the awful "replica" WH's) are just going to keep on going, and going, and going...
We'ave all discussed earlier how Thompsons are the classic example of "supply and demand" at work in a free market.
I would bet you (not very much 'cause I'm a Scottish Presbyterian...) that even if the so-called real estate housing market bubble "bursts" that, unlike houses, there are only so many fine quality, transferable Class 3 out there, and there are enough guys in the highest brackets that can always afford them. This goes for FG42s, MG34/42s etc.
Just my .02
The reality, however, is that the early WWII guns are catching up with the gap between them and Colts. (They will never close that gap IMHO, but they are gaining fast. I sold an absolute creampuff M1 (not M1A1) and delivered it at the Creek last October. Price: $19,000+ and some change. Was a 4-digit number and came with an original padded canvas jump case with unit markings etc. 9 years ago I would have been asking $3500.
Barring legislation and a nuclear attack, I firmly believe that TSMGs (even the awful "replica" WH's) are just going to keep on going, and going, and going...
We'ave all discussed earlier how Thompsons are the classic example of "supply and demand" at work in a free market.
I would bet you (not very much 'cause I'm a Scottish Presbyterian...) that even if the so-called real estate housing market bubble "bursts" that, unlike houses, there are only so many fine quality, transferable Class 3 out there, and there are enough guys in the highest brackets that can always afford them. This goes for FG42s, MG34/42s etc.
Just my .02
#13
jim
-
- Regular Group
-
- 160 posts
Regular Member
- Gender:Male
- Location:Northwest Washington state
- Interests:Class 2 manufacturer but mostly deal in and do transfers of Class 3 stuff. Benchmark Barrels works under my FFL and manufactures match grade rifle barrels.
Posted 25 January 2006 - 08:44 PM
I don't know what you guys are making such a big deal about a $19,000 M1A1. This M1 sold almost a year ago for $19,500. 
http://www.huntingpi...et/photo/004440
http://www.huntingpi...et/photo/004440
#14
full auto 45
-
- Board Benefactor
-
- 4973 posts
Respected Member
- Gender:Male
- Location:Looking over your shoulder right now
- Interests:Thompson's, Any Machinegun, Harley's and scuba diving. In that order.
Posted 26 January 2006 - 07:54 AM
Why!?
#15
Cheesebeast
-
- Regular Group
-
- 55 posts
Member
Posted 26 January 2006 - 12:41 PM
I am starting to feel Thompson rich, yet cash poor!
My M1 has an earlier serial number than the one that just sold, but no nasty nicks in the stock. For the record my M1's karma is kind and gentle. It shoots moonbeams and flower petals.
Sorry. The 19k price went to my head for a bit. I have to go use the paperbag a bit more to control my breathing.
My M1 has an earlier serial number than the one that just sold, but no nasty nicks in the stock. For the record my M1's karma is kind and gentle. It shoots moonbeams and flower petals.
Sorry. The 19k price went to my head for a bit. I have to go use the paperbag a bit more to control my breathing.
