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Colt Thompson Up For Auction!

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#21 OldFalGuy


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Posted 04 May 2006 - 10:31 PM

Good looking dog, mine has a black mask too.
We could make calendar entries with Thompson and dogs
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#22 Lotusnut



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Posted 05 May 2006 - 10:07 AM

as a favour to all my machinegun friends on this board, I will sell mine for 79k...

step right up folks, the line starts here....

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#23 colt21a


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Posted 05 May 2006 - 10:44 AM

QUOTE (Arthur Fliegenheimer @ May 4 2006, 10:14 PM)
The Rock Island County Sheriff said in that interview that his department sold the other ordinary Colt TSMG at auction back in the early 1970's for $7K. Now that is 3 or 4 times the amount Colt TSMG's were getting at the time. Even P.T.J. Curtis Earl-Barnum advertised his "Midas" TSMG for only $5500 back in 1971.

My Shep is ecstatic that a Colt TSMG could contribute $85K to the building of an animal shelter.

user posted image

{that is one outstanding shep!!}if the sale fund's a few of these outstanding pup's to live and get good home's..then maybe he should have paid $100,000.00 heck it's only money...yes help somebody the best way......take care,ron
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#24 John Jr

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Posted 05 May 2006 - 02:32 PM

My Savage TSMG will now be worth at least $70,000!


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#25 Nick Iannamico

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Posted 05 May 2006 - 03:23 PM

I kinda look at it this way... I am not in the market to buy a Thompson, but if I already owned one I would just be sitting back, shooting it, knowing that some day I will be able to get a whole lot more then I paid for it.

I was just looking that Machine Gun Buyers Guide the other day after I ate taco bell and it listed a Colt in the $3800+ price range, not a bad little investment if you bought it back then. (1996) What else can you own, use, sell and profit from?
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#26 Walter63a


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Posted 07 May 2006 - 01:17 AM

QUOTE (Mike Hammer @ May 2 2006, 08:58 PM)
How do you say" Out of your friggin mind"? It's no wonder some people are asking the world for a Thompson, some dummies are actually dense enough to pay these kind of prices. A fool and his money... buttkick.gif

Mike Hammer

Hi Mike,

I couldn't have said it better myself!!! laugh.gif laugh.gif

They're born every day. laugh.gif

My best to you,

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#27 sevengunner



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Posted 07 May 2006 - 07:48 AM

I understand the wealthy with money growing on trees in their back yard leveraging what they got the most of to buy what they want the most. Sometimes its an ego thing. Rich Bidder #1 simply isn't going to be outdone by Rich Bidder #2. Alpha Wallets think and live that way. Generally, these people stick to masterworks in art for their bidding wars, but items like Thompsons are beginning to develop a cachet similar to that of early American [antique] furniture by the master cabinetmakers (e.g. John Goddard, etc.) - lots of provenance, highly documentd and rare variants, quantifiably and comparatively high craftsmanship, uniquely American context, and lots of "ooh and aah" in the popular conscience.

When your read about folks like Charles Barkley throwing away $10 million in a single evening at the poker tables in Las Vegas, you begin understanding the extent of disposable wealth some ... or many ... people have. Consider the pricing on double-barrel, dangerous-game rifles in .500, .505, .577, .600 and .700 Nitro Express. The pricing on these - as newly manufactured guns - all begin at five figures. Add a famous maker like H&H, Purdey & Sons, etc. to a vintage piece and the price has just gone to six figures. Every community has more than a handful of bankers, etc. who are not big names in the public awareness but who have enough to live in homes with 30,000 sq. feet, put a Ferrari in one of their six garage bays, and who will drop $80,000 to buy a custom made double rifle on a whim for the safari he will never go on but could afford to be on for the rest of his life if that's what he decided he wants to do.

What I don't understand is why there is so much glorification of weapons owned by or associated with criminals. Bonnie & Clyde, Dillinger, Ma Barker ... Looney ... these low lifes were no better than the thugs and creeps that form the modern dregs of society, including the likes of Dennis Rader (aka BTK).

Anyhoo, once items like TSMGs become the stuff of Butterfield & Butterfield and Sotheby type auctions, you know pricing is only going to go up. You know what you need to do!

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#28 Mongo


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Posted 07 May 2006 - 09:24 AM

Well this might have at least a little good effect. There will be people with serious money for legal fights if they ever try to make MGs illegal. Of course if they make them illegal and give you current selling price at the time the law is inacted they most likely will turn them in for the profit and be happy.
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#29 Lancer


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Posted 07 May 2006 - 09:49 AM

QUOTE (Mongo @ May 7 2006, 10:24 AM)
Of course if they make them illegal and give you current selling price at the time the law is inacted they most likely will turn them in for the profit and be happy.

That'll be the day when the "govment" pays someone $80,000+ for a gun, that kind of money is reserved for hammers and toilet seats. LOL
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