A friend in town who I talked to today said he has a new in box transferable n.i.b. Colt M16A1 if I want {which is a exact match to the new Colt offering in Semi. }that he bought back in the 80's.
If I wanted just come over with $25 grand cash.Nice thought. but was easier to cut the check for $2,500.00, and have another $22,500.00 left over for other guns.
he only wants to sell it to make the huge profit now.It only cost him around $2,500.00 at the time. but it has sat in the box unfired for over 30 years.
My first full auto 16 cost me around $895.00 when dealers were allowed to buy direct from Colt two samples.back in the late 70's..
> $895 1979 TODAY ABOUT $3200
because of Paper no longer allowed anymore May 19,1986 Jammed Freedom forever.
Or we could still buy these from Colt today like the retro models for around the same price.The nice History that would have been.
now still get to do it on the cheap. $2,500.00 wise move $25,000 today not so much.. RON K.