shadowman

Although I'm not looking at present, the market *had* gotten better for 21's, it seemed, after a number of PD guns came on the market in the past few years (that is, better in the sense of more of these guns for sale / more options for buyers). I was able to find "my" 1921 by posting a "WTB" message on the forum - http://www.machinegunboards.com/forums/index.php?showtopic=23942&hl= I agree that going to one of the Thompson Association meetings would likely be productive, although that may or may not be an option depending on time/schedule constraints. Best of luck, SM

Greetings, Just wanted to post an update and close out this thread-- my Colt Thompson 1921AC, purchased from a board member, arrived at my dealer today. It's a beautiful gun, and likely will be the centerpiece of my collection for a long time (I've attached a few photos for those interested). Also, thanks for all who contacted me/provided input along the way... Even if I didn't buy your gun, all input was helpful, and I wish you every success finding the transaction you desire, going forward. "SM"

Thanks for the info-- hadn't seen that thread before. Given the gun's pedigree, I'll probably just keep looking for now. Thanks, SM

I've thought about getting a C&R license for a few years now, primarily for ease of interstate movement of C&R Machineguns that I own. As has been pointed out, the price isn't terribly much (e.g., for anyone who has the free capital to purchase pretty much any transferrable MG). An added benefit would be direct purchase of C&R "Title 1" guns, and perhaps the occasional MG if I found one in my state (not very often). However... after looking into it a bit, I became concerned about some "cons" to becoming a C&R licensee. From what I can read online, the following appears to be true: - You have to record (bound book) anything you acquire with your C&R license <and> - You have to record any gun you dispose of while the license is in effect: this includes the C&R guns you already owned, and also, any trades (e.g., trades with other collectors, family gifts). - Any theft or loss must be reported to the ATF within 48 hrs of discovery... failure to do so is punishable as a felony (!) [this is per ATF Frm 3310.11] - ATF can, potentially, visit once per year to inspect your collection and verify compliance with the law (I realize this is rare for C&R licensees, but IMO should still be a consideration) - A C&R license won't let you transport a later M16, tube gun, MAC-10, etc., any differently than right now After considering the facts I could look up, I just decided to sit tight, at least for now. The real holdup for me was the possibility of unknowingly running afoul of some ATF "Licensee regulations"-- any $$$'s I might save with a C&R license would be pretty small in comparison to the cost of dealing with the Feds... :-/ My $0.02...

I'm still in the market for for a Colt 1921 Thompson... would be interested in opinions on the following gun: http://www.sturmgewehr.com/forums/index.php?/topic/17065-wts-colt-thompson-1921ac-1921-sn-5697/ Refinished, but looks like it could make a good "shooter" Colt, and IMO the price seems fair enough for this market. Other suggestions? Thanks, SM

Thanks for posting -- definitely a nice package... But there are soooo many choices in this market... :^) Decisions, decisions... SM

My $0.02 - This gun has been listed on GB for a while, and all I can figure is that the broker (or the owner) thinks they can get a $40K premium (over the current market) for the "...rare chance to own a fully transferable unfired from factory..." Either they don't understand how Thompsons are priced, or more likely, looking for a buyer who doesn't understand how Thompsons are priced (*also, with more $money than sense...). SM

Thanks to all who have contacted me thus far-- I've answered all the PM's sent to me at present. The "Golden Gun" (link above) is interesting, and no doubt a nice gun for the price; but for now, I think I'm looking for something with the more traditional / original finish. SM

Greetings all, I already own an M1928A1 & M1 Thompson, and I've been thinking about adding an "original" Colt model for a few years. As most are aware, there seem to be way more of these for sale on the open market than there were even just a few years ago, and at (generally) less expensive prices. One reason for this appears to be a lot of former police guns that have recently been sold to collectors/dealers. So anyway, seems to be more of a "buyer's market" right now and possibly a good time to pick one up; thus my post. A few more details about what I'd like to find... - Original 1921A or 1921AC configuration preferred (given I already own a 1928 WW2 model) - Condition/Price - I don't have a strict "hard" limit, although let me be clear I'm not looking for a $100K gun... and probably, under $50K in this market (based on numerous offerings I've seen). E.g.,, even Reuben has a 1921AC not moving at ~$31K: https://dealernfa.com/shop/7244-1921/ - I already own the Tom Davis guide (among other Thompson reference books) OK, that's all I can think of for now. Thanks in advance for everyone's suggestions, "SM"

Thanks everyone for all the positive comments. The specific timeline on this transfer: 8 / 14 / 2017 - Form 4 signed; mailed the next day 8 / 22 / 2017 - Check ($200) for X-fer fee clears 3 / 08 / 2018 - Form 4 approved by NFA examiner

Greetings, Got my "new" (to me) M1 Thompson out of NFA jail yesterday, and thought I'd share a few pics with the group. [For those interested, the Form 4 transfer time was right at 7 months.] With the new trust rules settling out, thinking about what I might purchase next in the NFA world... I've toyed with getting an M1921, although something like an M3 "Grease gun" would go better with my WW2 theme... Not in any big hurry, and what I finally decide will most likely be influenced by what's available... SM

I just saw this, others may have seen it already-- http://www.miamiherald.com/news/local/community/broward/article202486304.html In a nutshell: - The Florida shooter (Cruz) apparently used 10-rd AR mags (not "high capacity") - He stopped shooting when his gun jammed, as he (apparently) didn't know how to clear it

The "antis" are far more knowledgeable about gun control schemes than I will ever be... nothing I posted here is news to any serious gun-control politician (Schumer, Feinstein, etc.), or their staffers; and much of it already exists in one or more states right now. And then their are the schemes in other countries (Britain, Australia, etc.) that they really drool over. I only hope to inform some in the pro-gun community of how potentially precarious our position is, and in turn, be educated a bit myself... many here have been in the 2A fight far longer than I have. And -- given the $$$'s I've spent in obtaining a legal / registered FA collection, trying to understand the potential legal risks just makes sense. "Know your enemy" and "Don't kill the messenger" 100% agree with what you've said here. A lot of these young killers don't really know much about guns in a technical sense. They're not interested in a gun's history, operating principles, etc.-- they just see a gun as a means to kill and gain themselves an infamous notoriety. For example, Holmes [Aurora, CO, 2012 shooting] stopped firing when his rifle jammed and he had no idea how to clear it... So, much of what these shooters do know is "copycatted" out of the news... and now that bump stocks have been given a high profile [Las Vegas shooting], I'm also worried the dam could break on criminal misuse of these devices-- to the detriment of us all. Not saying they have to be banned, maybe controlled like a firearm; maybe get fingerprints taken and pay for a stamp (AOW or other). Etc. I was a little surprised with this myself, and probably would not have built some of my SBR's (legally registered Form 1 guns) if I had any idea that so-called "arm braces" would stay legal. Importation of AK-47 rifles was banned in 1989, but you can still get a Draco pistol straight from Romania and put an arm brace on it with no special fees or paperwork... go figure. SM

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Thanks for your reply. So I'm 100% clear-- I didn't say that I thought these restrictions should happen, or that I thought these were good ideas. Rather, just that most of these things are being done right now in one (or more) states, and could plausibly be coming to the entire U.S. in the next decade. And yes, decreasing gun ownership among the law-abiding has been a goal of the left for some time now, I'd say at least since the GCA '68. What they can't get with an outright ban, they'll get through environmental regulations (think lead), mandatory gun safety insurance requirements (forgot to put that on the list), etc.