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Old July 22nd, 2021, 09:11 AM #151
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Originally Posted by Doug Hile View Post
The Sad Part,,, and the Maddening Part of this whole conversation, IS, that it took nowhere NEAR that kind of money to initially produce these guns.
Most collectables are much more expensive then their production cost. Look at Lever guns and Colt SAAs and Lugers.... and there is no NFA driving the costs up on guns like this, yet many bring higher than MG prices. Actually the NFA may be holding down prices on many of the historical early MGs like Maxims... The Maxim and Gatling are 1 generation apart, yet the Gatling bring 10X the price of most Maxims. Even a repro Gatling tends to bring more than most Maxims. Sure your Mac or M16 conversion will take a huge hit but many of the C&R MGs might see a big jump in price with an enlarged group of buyers and no/minimal increase of supply.

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I really want one badly and even considered going gigolo for the coin...but my wife just poo-pooed the idea.
Why is your wife in this conversation? My wife does not ask me if its ok if she buys some expensive girls stuff...
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Old July 22nd, 2021, 09:18 AM #152
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Originally Posted by IMBLITZVT View Post

Why is your wife in this conversation? My wife does not ask me if its ok if she buys some expensive girls stuff...
Big difference between an expensive purse and something which costs as much as a car
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Old July 22nd, 2021, 10:31 AM #153
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I don’t have a lot of interest in machine guns beyond kind of wanting a belt fed because I think the NFA is unconstitutional and I should be able to buy one in a store if I want one, but if you want to get into them you need to decide what’s important to you. I’ve known people who probably own $10k+ in .22lr plinkers because they can’t pass up a cheap .22 rifles and have been buying them for 15 or 20 years. Most of us own a lot of firearms that we don’t shoot regularly. If I offload everything historic that I own, along with the ammo I’ve collected for those firearms, I could probably buy a low end machine gun or a decent night vision setup. I know many on here own a lot more than I do. That doesn’t even cover those with really expensive hobbies like classic cars or motorcycles. If that does not describe you and you can’t get it out of your head, spend a few years investing into the stock market instead of buying random stuff and see where that gets you. Most likely by the time you have enough saved up to buy a machine gun, you won’t want to lose out on investment returns, but you can keep it in your back pocket as an alternative investment the next time the market goes bear on us.

At any rate, I’m happy with what I’ve got for now, but if you really want to own a machine gun, you can make it happen.
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Old July 22nd, 2021, 11:36 AM #154
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Originally Posted by MaxVO2 View Post
*****The above is most likely true. I've seen videos produced in countries like Pakistan where they had fairly modest machine shops producing the stampings and other components for AK-47's as well as other rifles that were select fire and the prices were all less than I think $300 or so. They are probably not the best quality rifles but they do shoot well enough from the videos that they don't seem to jam, and are at least accurate enough to hit a barn at 100 yards.
The Pakistan market is interesting and they also have quirks resulting in wildly varying costs. A Pakistani collector I spoke to said they donít consider the $150-300 AKs all that shootable except for locally made blanks and possibly some locally made ammo. Instead, they prize original foreign factory made AKs, which go for $2-3k.

Thereís also the issue of permits there. Licensing can be national or or provincial only. The prohibited bore license, whether to own a $150 handmade AK or a $3k real AK, only costs about $70 for the application fee, but will rack up about $1k in bribes. I believe the jurisdictions even issuing prohibited bore licenses currently do so on a quota system, so it takes some effort to get to the front of the line. Itís an expensive pursuit if someone actually wants to be 100% legal.

Various NGOs estimate that the vast majority of firearm licenses in Pakistan are actually fake, so itís not that hard to bypass the expensive licensing. Lurking around on the Pakistani gun sale groups on Facebook, I see a lot of people selling ďall Pakistan licenses.Ē
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Old July 22nd, 2021, 12:54 PM #155
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Originally Posted by Bertfish View Post
Big difference between an expensive purse and something which costs as much as a car
Yeah the expensive purse will end up in the Good Will pile and the MG will grow in value.

True story: I bought my MG08 Maxim for $8K, mostly all paid with selling other gun stuff. I got it shipped to the door. I brought it in and set it up. I thought, you know, you don't want to even seem like you are hiding this from the wife. So I went up and say "you want to see what I got in the mail?" She said, not really. I said "ok" and that was that.

However it does go both ways. When I got laid off and my car died, my wife was very worried about how we were going to pay for it. I said I got it. I then bought a car with no money out of our savings. She was wondering how I did it. I told her I sold off some gun stuff. She had a new respect for that back up source of income if the needs are great.

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... Most likely by the time you have enough saved up to buy a machine gun, you wonít want to lose out on investment returns, but you can keep it in your back pocket as an alternative investment the next time the market goes bear on us...
Like most, I have a good amount of money in the stock market. I have never once considered that I would rather have my MG money in the market but I have many times considered I would have rather had that money in a MG...

You are of course correct, buying a MG as strictly an investment is probably not the way to go looking for returns. However the amount of fun and stability you get with it I think much more compares to owning Gold and Silver. Its not a high return but its not AIG either...
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Old July 22nd, 2021, 01:06 PM #156
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One of the greatest things is when you are showing your collection to a non-gun person and they jokingly ask you where your machine guns are. Never gets old.
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Old July 22nd, 2021, 03:28 PM #157
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Originally Posted by teratos View Post
One of the greatest things is when you are showing your collection to a non-gun person and they jokingly ask you where your machine guns are. Never gets old.
Actually I have to explain that some of mine are not actually Machine guns...

The actual machine gun really are hard to find...

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Old July 22nd, 2021, 03:32 PM #158
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Originally Posted by IMBLITZVT View Post
Actually I have to explain that some of mine are not actually Machine guns...

The actual machine gun really are hard to find...

Attachment 318040
Eclectic collection. I'm sure you have had some jaws drop...
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"The general rule is that an unconstitutional statute, though having the form and name of law, is in reality no law, but is wholly void, and ineffective for any purpose; since unconstitutionality dates from the time of its enactment, and not merely from the date of the decision so branding it.No one is bound to obey an unconstitutional law and no courts are bound to enforce it."(16 Am. Jur. 2d, Section 177; later 2d, Section 256)
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Old July 22nd, 2021, 04:05 PM #159
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Originally Posted by IMBLITZVT View Post
Actually I have to explain that some of mine are not actually Machine guns...

The actual machine gun really are hard to find...

Attachment 318040
mmmmmmm CETME mmmmmmm
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Old July 22nd, 2021, 05:02 PM #160
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mmmmmmm CETME mmmmmmm
Its actually CETMEs... They really add color to the wall. So its not just all Wood, Bluing and black.
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