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/biz/ - Business & Finance


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18624284 No.18624284 [Reply] [Original]

For those for you who don’t know, the legality of fully automatic firearms in the US is kind of peculiar. Under federal law (state laws vary) machine guns can be legally bought, sold, and owned by civilians relatively freely (there’s a $200.00 tax you have to pay to the when you buy it but that’s pretty much it). However, you can only buy, sell, and own machine guns that were registered with the government prior to 1986.
This “closing of the registry” has essentially created a fixed number of machine guns available to civilians in the US, restricting supply. Demand has increased over the years and, with supply restricted, the price of all legal machine guns has skyrocketed. A transferable M16, which may have sold for $800.00 in 1980, is now, at MINIMUM, $20,000.00. That’s a 2,500% increase, FAR outpacing inflation. Furthermore, being so expensive, machine guns have essentially become luxury items, meaning their price of seems to be entirely independent of external markets. Even with Coronachan and friends ravaging the economy machine guns are still selling for tens of thousands of dollars. Even the cheapest machine guns available (shitty stamped metal mac-10s that would have sold for $200.00 in the 80s) are 7-8 grand, when just 5 years ago they were no more than 5 grand.
In addition, machine guns are a tangible mechanical commodity, meaning as time continues they’re bound to break and wear out with use, further restricting supply and raising the price. Moreover, US federal firearms law doesn’t look like it’s going to be relaxed anytime soon, meaning the machine gun registry is probably going to stay closed far into the foreseeable future.
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>> No.18624292
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18624292

>>18624284
Cont.
Seeing as how there’s almost a guaranteed return regardless of the greater economy and the fact that, come time to sell, the buyers pool might be limited, how risky do you think a machine gun would be as a long term investment if I just bought one, insured it, and put it in a safe for 10-20 years?
Added bonus: if shit goes absolutely tits up you have a machine gun.
2/2

>> No.18625668

>>18624284
You have to consider liquidity, and the fact machine guns are collectors items with no intrinsic value, like art, but for trashy people. You essentially are putting a lot at risk for uncertain reward. Not a bad idea if you're mega rich and trying to diversify with moonshots (like people who invest in art), but its probably worth it to keep your money in something more liquid and intrinsically valued, like stocks or whatever, since I'm betting you're not that wealthy and buying a 30k rifle is a big chunk of your net worth.

>> No.18625874

>>18625668
>the fact machine guns are collectors items with no intrinsic value, like art, but for trashy people
I don't know if I agree. The value in a machine gun comes from the fact that's a machine you cannot legally buy anymore, whereas the value of art comes from subjective aesthetic considerations. If a machine gun doesn't have intrinsic value does a antique car not have intrinsic value? What about an antique watch?

>> No.18625881

Given that machine guns are a human right and the courts are swinging back to the right to recognize this, it'd be foolish to invest in such guns. Like buying a taxi medallion in 2015.

Just buy semi-autos low during non election years and sell high during election years.

Or be the first guy to sell Pepe themed gun accessories (such as butt cushions with waifus on them) to horrify normies

>> No.18625892
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18625892

I wouldn't unless you go super short term. Guns will be gone in 15 years tops and I doubt even NFA items will be spared. If you do though I'd probably go with some AR because machine gun AR lowers will almost certainly be desireable to both collectors and people who want to use it to make a modern upper full auto.

>> No.18625900

>>18625668
Can’t shoot a basqiaut you globalist cock sucker

>>18624284
Hell yeah - only mistake is not doing it sooner.

>> No.18625921

is it allowed to recycle machine guns?

>> No.18625944

>>18625874
Correct, collectors items, generally defined by scarce things which are all items you can no longer buy anymore (legally or illegal) don't have intrinsic values. That's why they're collectors items. Stock, real estate, etc has intrinsic value since they are useful for something, and as you said the value for collectors items (guns, watches, cars, paintings, etc) only comes from subjective aesthetic considerations.

>> No.18625943

>>18625668
Yeah except a machine gun shoots bullets you retard

>> No.18625957

>>18624292
>>18624284
K here. TLDR. Buy a machine gun, it only goes UP in value and spits hot dakka...

>> No.18625976

>>18625943
But non-machine guns also shoot bullets? And I'd rather have a semi-auto ar15 than a mac10 if shtf. Why do people buy antique cars when they can get a new car that drives as well? Their utilities as original items are no longer relevant, hence their values being higher...

>> No.18625981

>>18625668
This is literally 100% a jew that will be killed one day.

>> No.18626004
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18626004

*ahem*
nothing personel

>> No.18626019

>>18626004
Very based but I can't sell that on gunbroker without by dog dying.

>> No.18626023

Isn't it possible to convert semi-auto rifles into full-auto? In meinkraft, of course. Cool your jets ATF.

>> No.18626234

>>18626023
Yeah but again, you can't sells those on the open market.

>> No.18626601

>>18626023
>Isn't it possible to convert semi-auto rifles into full-auto?
Well, firearms are just a collection of metal parts and springs. Anyone with some knowledge of metal working and access to fabrication tools can, hypothetically, make any assortment of metal parts and springs in whatever configuration they wish. However, the normie no-funs idea of 'you can just file down a thing and bend a paper clip like so and stick it in there and you've got full auto' is a ways off the mark. Gun manufacturers go to some lengths to make that kind of modification a non-trivial procedure.

>> No.18626943

>>18625668
>but for trashy people.
>having the dough to drop $25k on a machine gun
>this anon calls you trashy
OP, lots of good stuff written on your topic already. look it up, if you feel the need, then post to /k/, and check back in with us later because i know anons will be interested.
also, i've already asked my accountant if i can claim my tax stamps on my taxes. he said no. if you can out how to accomplish this, then you can sell that knowledge.

>> No.18627047

>>18624284
>investing tens of thousands of dollars in something that could and likely will become illegal to possess with the stroke of a pen

machine guns are cool but no thanks. viewing them as an investment is utterly retarded.

>> No.18627688

>>18626943
Will do

>> No.18628176

>>18627047
>likely become illegal with the stroke of a pen
But not even the grabbiest of gun grabbers are angry about NFA machine guns. They want to ban semi auto ARs because thats what the news says is evil.

>> No.18628399

>>18625892
>Guns will be gone in 15 years tops
>>18625892
Only in cuck countries like Canada, NZ, and Oz.

>> No.18629155

>>18625881
>Just buy semi-autos low during non election years and sell high during election years.
Oooo, hadn't thought of that.

>> No.18629573
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18629573

>>18624284
that rifle looks heavy

>> No.18629680

>>18624284
Not a bad idea.

>>18625668
someday, kikes like this will hang

>> No.18630252

>>18625892
Brainlet analysis

>> No.18630721

>>18630252
How so?

>> No.18631572

>>18629573
ARs are pretty light

>> No.18632155
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18632155

>>18627688
checked

>> No.18632174

>>18625668
>like art, but for trashy people.
>>>/reddit/

>> No.18632280

>>18626004
What do you call that piece he puts in there to make it full auto?

>> No.18632372

>>18632280
lightning link

>> No.18632487

>>18632280
Drop In Auto Sear
DIAS

>> No.18632622

Machine guns are in a bubble like reserve list of magic cards.

Here is how you make a machine gun.

First you need an m16 cut lower reciever you can take a receiver and modify it yourself but we are going to do this the stupid easy way.
https://www.centurionarms.com/cm4-556-forged-lower-receiver-p/cm4-f-lwr.htm

You need a few select pieces for the lower reciever but you can get these all in an m16 lower parts kit.

https://www.gunbroker.com/All/search?Keywords=M16%20lower%20parts%20kit

You need a full auto Bolt Carrier Group BCG these are pretty standard because of the increased weight.

https://palmettostatearmory.com/palmetto-state-armory-5-56-premium-full-auto-bolt-carrier-group-8779.html

All these parts are legal to own where it becomes illegal is to modify the Lower to fit in the sear. This is done by drilling two simple holes.

https://www.youtube.com/watch?v=GjNwv4xOLgc