Looks like the cat is out of the bag, FBI 1076's over $2k now

First off, the guns are very collectible and the price may be high for now but someday $2000 will likely seem like a bargain. These FBI contract 1076's are still pretty young pistols and there isn't many of them out there, especially if they are part of the 300 or so that first went to Quantico for testing.

Also, these guns are far from low quality as some seem to be hinting at. Many of the agents that carried them seem to have wanted to keep them from what I have heard. If you notice from Ladyfeds letter, it wasn't like they got the pistols and sent them back in a couple weeks. They kept them, and probably fired them a lot, for two years before being returned.

Lastly, the gentleman that bought those pistols is very likely a member of this forum and probably doesn't appreciate being criticized for the way he spends HIS money. Don't be bitter because he outbid you on the auction. And you never know, those guns may hold a particular interest for him that you just don't appreciate. Now getting off my soap box. :)
 
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First off, the guns are very collectible and the price may be high for now but someday $2000 will likely seem like a bargain. These FBI contract 1076's are still pretty young pistols and there isn't many of them out there, especially if they are part of the 300 or so that first went to Quantico for testing.

Also, these guns are far from low quality as some seem to be hinting at. Many of the agents that carried them seem to have wanted to keep them from what I have heard. If you notice from Ladyfeds letter, it wasn't like they got the pistols and sent them back in a couple weeks. They kept them, and probably fired them a lot, for two years before being returned.

Lastly, the gentleman that bought those pistols is very likely a member of this forum and probably doesn't appreciate being criticized for the way he spends HIS money. Don't be bitter because he outbid you on the auction. And you never know, those guns may hold a particular interest for him that you just don't appreciate. Now getting off my soap box. :)
HERE! HEAR!
 
I sold my confirmed FBI 1076 to a retired FBI agent on here a good while back. I had to have some money; he wanted the gun and its box and all the goodies. I am happy it is in his collection now; it's sort of where it belongs, if that makes sense....sort of like Barney's WWI motorcycle he got at the surplus.....it's theirs, Barn....the Milo brothers....etc...
 
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While there may be some validity to the seemingly high prices that "some" people pay for various items, they are still just material "junk" in the long run.

The same situation exists with musical instruments to a great degree. "Elvis touched this guitar (worth $500 otherwise), great bargain at $1500". "Elvis played this guitar (same guitar), great bargain at $2500". "Elvis played and sweated on this guitar (same guitar), sweat marks still present. Great bargain at $5000". And so on.

So, yeah, be kind to the individuals that have some internal drive to own such things. The rest of us don't understand it and never will. But, in the long run, it really still doesn't make any sense at all. It's still just a gun, which doesn't work any better, or maybe worse, than others in the same caliber and action type that are selling for a lot worse.

Cars, guitars, guns and anything else you care to think about, are the stuff dreams are made of. And dreams are all in your head. Nowhere else.

Sleep tight!

SgtSam:D
 
While there may be some validity to the seemingly high prices that "some" people pay for various items, they are still just material "junk" in the long run.

The same situation exists with musical instruments to a great degree. "Elvis touched this guitar (worth $500 otherwise), great bargain at $1500". "Elvis played this guitar (same guitar), great bargain at $2500". "Elvis played and sweated on this guitar (same guitar), sweat marks still present. Great bargain at $5000". And so on.

So, yeah, be kind to the individuals that have some internal drive to own such things. The rest of us don't understand it and never will. But, in the long run, it really still doesn't make any sense at all. It's still just a gun, which doesn't work any better, or maybe worse, than others in the same caliber and action type that are selling for a lot worse.

Cars, guitars, guns and anything else you care to think about, are the stuff dreams are made of. And dreams are all in your head. Nowhere else.

Sleep tight!

SgtSam:D

I don't know what church you go to but in mine we believe that he that dies with the most guns wins and probably dies later. :)

And not everyone buys guns just to HAVE them. Some of us actually see them as a better investment than stocks these days. Plus you get to shoot them in the meantime.

And by the way, I doubt the guy who has been shelling out $2000 for these 1076's really cares what we think after all.
 
I remember

being able to pick up these (std 1076) for $400 because they were very big bulky guns not good for concealment shot high priced ammo and hard to find. to each his own.
 
Hey Sniper 47:)! I've been called a lot worse and survived.:D

Yes, I'm old! 65 to be exact. And, I've never understood the majority of the rationalization that many people use to justify buying various things.

I don't knock the person. I just don't agree with the reasoning. If it's your "schtick" to buy various things for various, dubious, reasons, then cool. Have at it. I won't hate you in the morning!;)

Sorry it I came across as a "stick in the mud". But, I'm just a little old fashioned. My Dad was even more old fashioned and I picked up a lot from him, God Bless Him!

Yeah, have a ball my friend, buy what you want, when you want, how you want. But, don't expect all to agree with your actions.:) And enjoy the right to disagree and still be friends.

SgtSam
 
Hey Sniper 47:)! I've been called a lot worse and survived.:D

Yes, I'm old! 65 to be exact. And, I've never understood the majority of the rationalization that many people use to justify buying various things.

I don't knock the person. I just don't agree with the reasoning. If it's your "schtick" to buy various things for various, dubious, reasons, then cool. Have at it. I won't hate you in the morning!;)

Sorry it I came across as a "stick in the mud". But, I'm just a little old fashioned. My Dad was even more old fashioned and I picked up a lot from him, God Bless Him!

Yeah, have a ball my friend, buy what you want, when you want, how you want. But, don't expect all to agree with your actions.:) And enjoy the right to disagree and still be friends.

SgtSam

:cool: To each his own, my man.
 
"Cars, guitars, guns and anything else you care to think about, are the stuff dreams are made of. And dreams are all in your head. Nowhere else."

I disagree . . . dreams are on Gunbroker, Ebay and Classic Car Trader.com
 
I saw someone pay 25k for a fixed blade knife. Why? Because a few years before it sold for 20K and a few years before that it sold for 17k...


I think that at a certain point you pass beyond the realm of "what I think it's worth" and into the land of "what will it be worth".

With the price now hovering at 2000 you can bet that collectors all over will be combing the globe to find the remaining ones. And you can be sure that sooner or later someone will show up here showing the FBI 1076 that he practically stole for $400 at a gun show somewhere.


In the end, things are only worth what you can sell them for and right now that means these guns are worth $2000.


Just my 2 pennies...
.
 
Where were these people when I was trying to sell my 1 of 1,000 serial # 427 on the Colt Double Eagle the 1st double action 45 colt ever made #427 of 1,000 and best offer I got was $500 when I paid $600 plus tax for it LOL.
 
Just like that old, blue worn .357 that nobody wanted for $300 a few years ago - even though it had been carried by Melvin Purvis or Jelly Bryce or somebody. See what a RM with Bureau provenance brings now, adjust for inflation and that's the price of one of these 1076s will be fetching in 25 years. Maybe sooner, since the RMs are pretty well accounted for - just collectors selling to other collectors at this point.
 
The price seems high to me,
but maybe the gun was used by Melvin Purvis to shoot John Dillinger?

Rule 303
 
SgtSam, true words of wisdom. I agree a thousand percent. I think alot of families would be in much less debt if they would have followed your words, advice. To each their own, buy what you want. For me, one nice gun is enough. I cherish it. I don't need the most toys, a safe full of guns can not make me happy. I need to take care of my body, take care of my family. Life is good be happy
The less I have the more I gain
 
Considering that this is a gun forum and not a health and wellness forum, it is natural to talk ABOUT GUNS! This is our hobby. Hobbies are for us to enjoy. Some are fanatical in our hobby, certainly. But to imply that having more than one gun is an attempt to buy happiness is simply judging your peers too harshly. Charlton Heston was a champion of our hobby. Should he have donated his money to the United Way instead of assembling a virtual museum of firearms history? That is a matter of opinion, and I know what they say about opinions. But what a guy does with his own money is his own business and he doesn't have to justify that to anyone. That's my opinion :-)
 
HI. There are still Bargins out there. Earlier this month I pick up a 1076 at our local Cabelas. It had the Box, tatered, but a box. On the Box it states FBI Academy. The serial number matches. Serial number is THB92xx. I will have to get my first S&W letter, but being 99.99% sure this is an ex FBI gun, it will be well worth it. The price I paid was $450.00, and they were asking more!
 

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