Petition to Repeal the NFA

[TreeTopFlier]

Wow that turned around quick...good job y'all!

[ProdigalSun]

121,700

[ProdigalSun]

The stamp collectors have made a bad investment. Too bad if their 20,000$ rifle becomes worth nothing. Thats the risk.

[Netpackrat]

The stamp collectors have made a bad investment. Too bad if their 20,000$ rifle becomes worth nothing. Thats the risk.

Plenty of those guys are OK.

[ProdigalSun]

Yep. If they could afford such things, then they knew, understood the risks of, and accepted the loss of their investments.

They were investing in anti gun anti freedom legislation anyhow.

[Netpackrat]

Another thing to keep in mind, is a lot of transferable machine guns have a collector value that is independent of their legal status. If the Hughes amendment or even the whole NFA went away entirely, they would still be worth a lot of money.

[Jim Timber]

MN has additional restrictions on full auto's. Basically it has to be over 50yrs old and considered a collectible antique. So to have a M16 lower, it's gotta be a very early specimen and that jacks the price up.

I know a guy who has one. He figured that being single and well off, there was nothing stopping him from dumping 25K into a toy. He'll go to the range and burn through a couple 60rd mags just to see if they'll work. So $20 range fee plus ammo, just for a couple minutes of trigger time.

I wish I had that problem of having so much money I needed to come up with dumb ways to spend it.