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Updated 6/25/2010

We attended the Knob Creek show and shoot. We were set up with an assortment of transferable machineguns and suppressors. I don't know attendance figures but have been led to believe it was lower than past events. We passed out a substantial number of business cards. I didn't get around to see most of the items. That is a long drive for us and we barely had time to get sleep and keep our tables manned.

We have been very busy lately as compared to 2009. In the last few weeks we have sold quite a few NFA firearms including an MP5 sear gun, several AC556, several MACS, M2 carbine, a very rare M16, lots of suppressors, and more! It also took only two days to sell an EA M16 and a stainless shorty AC556. The full size Vector Uzi sold within one day of posting. We posted a new in box Vector mini-Uzi that also sold within two days. Talking to several people in the industry we believe the market is definitely starting to move with increased sales activity. We are not sure if this will result in an increase in prices from the current pricing. Time will tell. I exclaimed to a customer recently that we have been selling a lot of machineguns and his reply was "everyone else says nothing is selling".  No complaints here...except that we need more guns.

Inbound guns include an AK-22 converted by Hard Times Armory. We also purchased a MP5SD, MP5 registered receiver, Colt M16A1, MAC 11 with suppressor and briefcase, MK760, American 180, Valmet 76, and more. We have want lists for several items. If you are in the market for a particular firearm email us and we will put you on our list. When the firearm shows up we post it for sale and then email all potential buyers.  We are selectively buying new items.  The last Vector we had in stock  sold almost as soon as it arrived. We also purchased a pair of pre-sample IMI Uzi's. These are relatively inexpensive however they can only be sold to a current valid FFL/SOT.

If you have NFA firearms you wish to sell please give us a call at 1-866-NFA-1934. We are particularly interested in purchasing factory Colt M16 rifles as well as HK firearms including the MP5 and MP5SD.

We have noticed a definite downward trend in some areas of the NFA market. The old mantra was to buy any machinegun and you would make money in time regardless of price paid. Times have changed. The West Hurley Thompsons have definitely come down from the highs of 2005 and 2006. At that time the 28 Hurleys were commanding 16k or thereabouts. We now see them regularly offered in the 12k range with the exception of a few dealers that always seem to be 10%+ above asking prices. The sten tube guns are also evidently lower and we are now seeing them offered below 3k. Not all NFA firearms are soft though: rare C&R weapons and the M16 platform still appear stable. The AK family has really softened in the underfolder group. Full stock weapons are still somewhat stronger due to demand for Krinking them. Beltfeds have really dropped in pricing. My opinion is that the high price of ammo has really hurt these. The M2 .50 BMG has really dropped in market value due to the high price of ammo. M2 carbines and MACS are still selling if priced properly and exposed to the market for ample time.  HK MP5 sear weapons which were previously marketed in the 17k-18k range are now seen offered a bit cheaper in price. Due to popularity and demand for quality these weapons are still holding up well when the current state of the economy, dramatic price declines in housing prices, and losses in the stock market have erased a substantial portion of wealth. Reisings have seemed to slowed a bit. However, many I have seen listed for sale have tended to be of lower quality and buyers tend to want nicer weapons. High quality Reisings in the low 4k range are still moving and I have recently completed several transactions. 

For current market pricing I suggest visiting www.machinegunpriceguide.com. Prices listed are obtained from current offerings and dealer information on sales.

If you are thinking of selling please contact me toll free 1-866-NFA-1934. I am always interested in buying single weapons as well as entire collections. Thank you, John