Rekraps Posted May 3 Report Share Posted May 3 https://www.gunbroker.com/item/1167330563 This gun was an early build by Stan Andrewski and could use a "Full Monty" by his son John! Link to comment Share on other sites More sharing options...
Rekraps Posted May 3 Author Report Share Posted May 3 And another one, very close in SN popped up on GB! https://www.gunbroker.com/item/1160118798 This gun was an early build by Stan Andrewski and like the one above, could use a "Full Monty" by his son John! Link to comment Share on other sites More sharing options...
Got Uzi Posted May 4 Report Share Posted May 4 That second one has been on GB for months now. That first one has been on there for a month or so now. Seems the open market isn’t supporting the inflated auction prices no matter how good someone says they are. Goes to show the prices aren’t what people think they “should be” 1 Link to comment Share on other sites More sharing options...
BillinBama Posted May 4 Report Share Posted May 4 I've noticed the past few months that gun prices in general are soft (with exceptions of course), and things I've long believed were worth $$$$ are now bringing only $$$. I'm not sure exactly what factor or factors are affecting the market, but it happens from time to time, the firearms market is similar (but not as volatile) as the stock market. Link to comment Share on other sites More sharing options...
Got Uzi Posted May 4 Report Share Posted May 4 It doesn’t take a brain surgeon to figure out why the market is soft-inflation is on the rise again, cost of living is still high, gas prices are $4.99 per gallon here (Ohio) not to mention the open market doesn’t sustain auction house prices. The people paying big money for guns get what they want and don’t care about the cost, driving prices up an when they stop buying, prices stay up because “that’s what they are worth” even tho no one is buying now. Add in people are getting to be cautious of tube or conversion guns vs real deal MG’s due to uncertainty in DC. IF and I mean IF the Hughes Amendment went away, allowing new mill/drill MG’s….tube and conversion guns would DROP overnight so anyone buying them as “investments” would lose their a$$. Personally I think that is playing a role in some of the trends we are seeing as well. 1 Link to comment Share on other sites More sharing options...
Rekraps Posted May 4 Author Report Share Posted May 4 Market goes up, market goes down. I doubt anyone gives a hoot about the Hughes Amendment. There is zero chance that congress (both sides) will pass legislation allowing the manufacture of MG’s. There is already concern about the number of “businessmen” manufacturing “samples” not for the intended purpose of legit law enforcement and military use, rather as a way to make a living selling to others. A limited amnesty of real SMG’s/MG’s per my earlier post is the more likely outcome, if any. As for inflated “auction” prices, they are what they are. I bet you’d take the $$$ all day if it were your gun being sold. Seems like you argue that every sale, if it’s higher than what you are willing to pay, is too high. No one is forcing people to buy. Private sales, which also happen all the time can and do bring in excellent numbers. Many of them are in-advertised and handled via word of mouth and connections. More importantly many of the guns of the same type (K’s for instance) vary dramatically in condition, appearance, provenance and price. As for “Tube” guns, with which you seem to have issues, they are real guns and are priced accordingly. Were it not for this class of MG’s, there would be virtually no Swedish K’s, many fewer STEN’s, a lot less MP40’s and so on. That would in turn drive prices even higher!! I have no trouble paying a premium or asking price for a gun if it’s what I want. And if I pay a bit more, so what? As Jerry Prasser once said, “you didn’t pay too much, you just bought it too early!” Link to comment Share on other sites More sharing options...
Got Uzi Posted May 4 Report Share Posted May 4 You can say all you want but you forget that auction prices are not what you get when they cut the check to you….seems everyone forgets that little aspect….10%-20% off the top and most send you a 1099 so you get to claim it as income…which is even less….do that math then see why I refer to the prices as inflated. We can agree to disagree but at some point these prices are going to top out because all the old guys will have bought them all up and the younger generation will say the hell with it and move onto something else. And no a “tube gun” is not a “real machine gun” it’s a reproduction on that was made prior to the 1986 cut off. A “tube gun” isn’t the same as a real deal original no matter how much you think it is. “Tube guns” are the same as a conversion gun, it was built by someone else who wasn’t the OEM manufacturer. You preaching it doesn’t make a difference doesn’t make it so. That’s where I draw the line of something being a “real machine gun” if you can’t see the difference then maybe you should stop and think about that for a little bit. 1 Link to comment Share on other sites More sharing options...
Riptide Posted May 4 Report Share Posted May 4 I believe Rekraps was referring to the fact that they ARE transferable machine guns and do still have a value. I wouldnt pay more for an original in terrible condition than a tube gun built by a quality smith with all the best parts. Link to comment Share on other sites More sharing options...
Got Uzi Posted May 4 Report Share Posted May 4 Well for those who want to use them as an “investment” conversions and tube guns ain’t it. Link to comment Share on other sites More sharing options...
NE Patriot Posted Tuesday at 10:01 AM Report Share Posted Tuesday at 10:01 AM 16 hours ago, Rekraps said: I doubt anyone gives a hoot about the Hughes Amendment. There is zero chance that congress (both sides) will pass legislation allowing the manufacture of MG’s. A limited amnesty of real SMG’s/MG’s per my earlier post is the more likely outcome, if any. I agree that a limited amnesty is more likely than new legislation allowing manufacture of MGs. But I'm not seeing it right now. It's too provocative with mid-term elections nearing. Mid-terms usually favor the party out of power, so after the election there won't the votes for an amnesty either. Maybe in the future.... Link to comment Share on other sites More sharing options...
Rekraps Posted Tuesday at 12:23 PM Author Report Share Posted Tuesday at 12:23 PM 2 hours ago, NE Patriot said: I agree that a limited amnesty is more likely than new legislation allowing manufacture of MGs. But I'm not seeing it right now. It's too provocative with mid-term elections nearing. Mid-terms usually favor the party out of power, so after the election there won't the votes for an amnesty either. Maybe in the future.... Agree, but it would be nice! Link to comment Share on other sites More sharing options...
Got Uzi Posted Friday at 07:35 PM Report Share Posted Friday at 07:35 PM RIA literally just sold a Wilson L serial number tube gun…$27,500 before the BP and sales tax….making it at minimum $32,320 (adjust for local taxes as they vary) Does this mean that I was right in stating the $47k gun was a fluke and the guns on GB are too high? I do believe so…. 1 Link to comment Share on other sites More sharing options...
StrangeRanger Posted Friday at 09:20 PM Report Share Posted Friday at 09:20 PM Actually, the RIA gun may have been a bit too high. Auctions frequently turn out to be dick measuring contests augmented by the "red mist." No way to know for certain in this case. The GB price is just stupid money Link to comment Share on other sites More sharing options...
Rekraps Posted 16 hours ago Author Report Share Posted 16 hours ago On 5/8/2026 at 3:35 PM, Got Uzi said: RIA literally just sold a Wilson L serial number tube gun…$27,500 before the BP and sales tax….making it at minimum $32,320 (adjust for local taxes as they vary) Does this mean that I was right in stating the $47k gun was a fluke and the guns on GB are too high? I do believe so…. No, what it means is that you won't pay premium prices for guns. Many others will and obviously do. Each sale is independent of another, and the condition, provenance and appearance of the gun matter much. Again, you seem to want to push prices downward, maybe you are stocking up on guns to sell later at much higher prices? Wouldn't be a business for you would it? Sure sounds like it to me. Regarding "tube" guns as investments, most of us buy SMG's to collect and shoot, with a by-product being that they increase in value. Try your theory on someone who bought a Wilson (Andrewski) "K" years ago for just a couple of hundred dollars... I'd say that's quite the good investment given today's prices. Same for M3's, M16's, and just about any collectible & C&R. Link to comment Share on other sites More sharing options...
StrangeRanger Posted 14 hours ago Report Share Posted 14 hours ago (edited) I'm a little confused here. There are two L series Wilson/Andrewski Ks sitting on GB for $38.5K asking price Chester County has another L series on their website also at $38.5K ask The RIA gun was probably closer $35K by the time they got through adding all their bullshit charges on top of the buyer's premium That would seem to define the market price So how can you possibly justify $47K for the Poulin gun? "A fool and his money are soon parted" Edited 14 hours ago by StrangeRanger spelllling 1 Link to comment Share on other sites More sharing options...
Riptide Posted 14 hours ago Report Share Posted 14 hours ago The 38.5K guns are not the Poulin gun. Believe what you want but people will pay more for the attention to detail a rebuilt andrewski gun with select fire option presents. As well as no wait time to get what they want. Same situation within the HK world with certain smiths. Link to comment Share on other sites More sharing options...
Got Uzi Posted 13 hours ago Report Share Posted 13 hours ago (edited) You army going to buy a gun at today (or tomorrow) prices and make the windfall profits you see now. No way in hell are you going to make the money off them compared to the guys who got them 10, 20, even 30 years ago. You keep pushing that these prices will always be high but at some point, and it will, prices will top out. The market can’t sustain itself at this point. Maybe I’d like to see prices to where the common man can afford them, not just guys with big money. It’s the same with classic cars and such. The common guy has been forced out due to money. We can argue this all day but you live in your own little world where everything is awesome. I’m out here in the real world and see the future of this stuff dying in the next 10-20 years because of the pricing…..it will happen and I know I know, the old guys will say “this has been said for years but it hasn’t yet” well look around old guys…..how many younger (25-45) guys are buying into this stuff? They can’t afford it because you guys are driving prices out of reach. It’s a self fulfilling issue and no one can see it. BTW I live inside the HK community and it has its own levels of craziness and zealots too. The term “investment grade firearm” has ruined this hobby. People only see dollar signs and don’t enjoy the actual shooting aspect. How am I trying to push prices down? Hate to burst your bubble but there’s no real money to be made buying at these prices to try and resell. 5-10% isn’t worth the upfront cost and having to have the money tied up. My opinions on this are from a personal stand point. There might be a reason I’m not buying guns for my personal collection anymore. Prices are making it impossible to buy and not worth it. I’ll sell stuff for people on consignment and I have hard fact conversations on the selling aspect….you can look at auction house prices and then take 10% off for sellers fees then add in the 1099 and figure 10-30% will be taken as “capital gains” so did you really get all the money it sells for at auction?? If you do the math, the auction house prices don’t translate to real world numbers based on this aspect alone. Edited 12 hours ago by Got Uzi 1 Link to comment Share on other sites More sharing options...
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