CAL7

Fred08 is a Thompson campaign site and I believe it is his "official" site. I would love to see Newt as President, but I am not so thrilled about him as a candidate. Fred seems like the best shot. However, I caution people not to expect him to be the second coming of Ronald Reagan. If we set the bar that high, Fred will fail. RR had years of public policy debate; Fred's experience is more of an actor reading lines. No doubt his experience as a Senate staffer and Senator are good, but just not nearly to the degree that Ronald Maximus had prepared himself. As to Rudy, I don't think he will be as bad on the 2nd amendment as people might fear. He also praised the judicial thinking of the DC Appeals Court and he will have to trim his sails to his (new) conservative base.

QUOTE (inertord @ May 19 2007, 09:49 PM)I just ordered 2 today from this guy: http://www.gunbroker.com/Auction/ViewItem....p?Item=72343856 . $550.00 Each Plus $18.00 Each Shipping. Best price I could find. I ordered late on Monday afternoon and it arrived in Wednesday's UPS delivery. Looks good, but I won't be able to shoot it for a few days.

QUOTE (ZLP @ Aug 7 2006, 01:02 PM)...snip... We currently are not excepting orders for this item. It seems to me that they are taking exception to C-Drum orders; I just wish they would accept them.

QUOTE (21 smoker @ Apr 18 2006, 08:06 PM) I kinda figured you`d jump on this...ha!.. http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/biggrin.gif ...me too! Now, if I can just find a free pouch.....

I am in for one drum. Thanks for taking the initative.

Pretty soon, this will be an urban legend. Everybody who is anybody will claim they were there when the deal of the century went down and 21smoker bought the C-Drum (and, not to forget, the pouch!).

Yes. Shot a few rounds with the original configuration just to say I did, then replaced the bolt group and tucked the original Colt parts away in the safe.

QUOTE (JimFromFL @ Mar 3 2006, 05:42 PM) Let me know if you ever make it to the Orlando area as the range in Sanford is Class III friendly and as a member I get to come and go when ever during daylight. I tend to get there about 7 - 8am when it is nice and quiet.... but the quiet only last until the truck gets unloaded. http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/cool.gif Are you talking about SCGAA ?

21 Smoker knows what he is saying. I saw him at the Hernando shoot on Sunday and he showed me the proper orientation of the blish lock. Definitely UP is as you look at it when assembling the group, i.e. down when in the gun.

They told me today that my new expected ship date was Feb. 28, 2006 (actually, I inferred the 2006 part; maybe I was presumptuous http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/sad.gif )

QUOTE (21 smoker @ Nov 10 2005, 08:44 AM)I feel so second class with #2630 C drum.. http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/dry.gif ...and to think I almost dropped it Sunday when me and the boys ran a few hundred rounds thru `er...it looks so cool when smoke is drifting out of it laying on the bench... http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/laugh.gif ...guess this makes me a `Smokin Colt whore`... http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/wink.gif So, 21.... On the very first try, when you loaded 100 rounds in the baby, with one pull of the trigger, how many went downrange?

QUOTE (21 smoker @ Oct 17 2005, 03:10 PM)....and scored a Colt C drum with pouch. http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/tongue.gif ... I am surprised you are admitting you took that pouch http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/ph34r.gif It was great to drive up with you (21 smoker drove straight-through from southwest Florida to KCR).

Recently, I read somewhere of a downloadable Form 4 (probably PDF) that provided for a digital picture to be integrated directly onto the form. Now, I can't find it. Does anyone have it? Are there any problems with BATFE accepting the picture/form this way? Thanks.

Thank you, Arthur.

The Gordon Herigstad web page says the Fourth Edition of the book is sold out. Are there going to be more printed; or perhaps a Fifth Edition? Would anyone with the book care to look up my S/N (2966) and let me in on whether it is identified? I have Tracie Hill's and it shows the gun originally going to the Columbus, Ohio police department.

I am waiting for the transfers on my new baby, and would like to research its life. I have gotten a lot of good tips here - what else can I do? I am going to try FOIA (but I guess I need to wait until I actually own it, right?), but I don't know what other resources there might be. Any help? Thanks.

In the early '80s, Armex International (a/k/a Inter American Import Export Co.) sold re-imported BAR's for $225 each. I bought two: one NESA and one Royal Typewriter. I could tell no difference between the two. I recently sold the NESA and am happy with the Royal.

Just an FYI update.... The original Thompson auction ended at $19,500 with 9 bids and the reserve never met. It was re-listed and got to $15K with 7 bids. The next re-listing had a starting bid price of $40K and no reserve; also no bids. It has been re-listed four more times, with the last still active (I would post it, but I don't want to shill for this guy). I guess the $43K gun that sold at auction this spring has everyone coming out of the woodwork to sell a Thompson for $40 grand.

Since the time periods I looked at were mostly 20+ years, and the original 1921AC over 80 years, my frame of reference was not today's rates. In the early 80's, the 20-year Treasury bond was going for over 15%. Of course that was the high, and at other times over the period in question, rates were much less. But, we have to take into account the big jump in values that existing Class III took in May, 1986 - I can't see the Feds "helping";) us collectors like that again. It's more likely that they will make our collections worth the price of scrap iron http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/mad.gif. I'm with you, because I have a similar amount of cash tied up in this investment; but it has to be viewed as a risky investment (loss, devaluation, act of God, government intervention, etc., etc.) and the huge returns that most collectors theorize are not there, at least according to my limited study. Using your Stoner, if you paid $19K in mid-1997, I calculate a compounded APR of 22.3%. That's great, but how typical is it? And, I can find fixed investments that are more risky than CD's, but less than machine guns, that pay 10%. Again, I'm on your side. I am still a buyer, but I have to honestly tell myself I am buying mostly for the fun with the expectation that it will probably go up in value but not at extraordinary rates. I was simply trying to apply a little objective analysis to an area that gets a lot of subjective WOW (I am the first one to plead guilty) that I believe is overstated by most holders of Class III guns.

I recently started thinking about how well these guns have performed as an investment, so I did some calculations. The purchase prices are guns I, or someone I know, actually paid (except the new 1921AC); the values are my best guesses, some informed, some not: A TSMG 1921AC bought for $5K in 1989, assuming it's worth $30K today, has an annual return of 11.1% If you had bought a new 1921AC for the list price of $200 in 1928 (still assuming it's worth $30K today), it would have given an annual return of 6.5% A TSMG 1928A1 purchased for $1800 in 1989, assuming it's worth $20K today, has an annual return of 15% A RIA M60 bought in 1982 for $2K, and I guess is worth about $25K today, has give an annual return of 10.2% A pre-86 dealer sample 1918BAR bought in 1983 for $225 and worth $7k today has given an annual return of 15.5% A Colt M16A1 bought in 1983 for $590 and worth $15k today has given an annual return of 14.7% A pre-86 dealer sample Steyr AUG-P bought in 1984 for $830 and worth $22k today has given an annual return of 15.4% I thought these results were surprising. We assume something bought cheap that has gone up wildly must be giving a good investment return. But, compared to a CD or Bond, the returns are only modestly better. Of course, they are much more fun!

TN

Unsurprisingly, it's sold. If I didn't have my heart set on a Colt, I would have jumped on it in an instant.