Results 1 to 10 of 10

Thread: Gentlemen, Start Your Credit Cards!

  1. #1
    Lord High Hullabalooster Senior Contributor dalem's Avatar
    Join Date
    24 Nov 04
    Location
    Columbia Heights, MN
    Posts
    13,024

    Gentlemen, Start Your Credit Cards!

    Wooohoooo!

    Korea to Sell Old US Rifles Back

    By Jung Sung-ki
    Staff Reporter

    The Ministry of National Defense plans to sell more than 100,000 aging U.S. combat rifles to American gun enthusiasts, ministry officials said Thursday.
    That's gotta be good, right?

    -dale

  2. #2
    Official Thread Jacker Senior Contributor gunnut's Avatar
    Join Date
    27 Jan 06
    Location
    DPRK, Demokratik People's Republik of Kalifornia
    Posts
    22,797
    Quote Originally Posted by dalem View Post
    Wooohoooo!



    That's gotta be good, right?

    -dale
    Nooooooooo!!!!

    I have a credit card and a C&R license.

    I guess I don't really need to save for retirement...
    "Only Nixon can go to China." -- Old Vulcan proverb.

  3. #3
    Regular
    Join Date
    01 Mar 08
    Posts
    151
    Good with reservations.

  4. #4
    Ex-Wabber Defense Professional
    Join Date
    10 Dec 04
    Posts
    7,029
    About 86,000 M1 Garand rifles and 22,000 M1 carbine rifles will be sold to gun collectors in the United States, as the U.S. government has approved the sale. The rifles were originally given to South Korea as part of a U.S. aid program in the 1950s, according to officials.

    The total value of the firearms for sale exceeds $120 million.
    $12,000 each?

  5. #5
    Official Thread Jacker Senior Contributor gunnut's Avatar
    Join Date
    27 Jan 06
    Location
    DPRK, Demokratik People's Republik of Kalifornia
    Posts
    22,797
    Quote Originally Posted by highsea View Post
    $12,000 each?
    I think you missed a zero in there.
    "Only Nixon can go to China." -- Old Vulcan proverb.

  6. #6
    Ex-Wabber Defense Professional
    Join Date
    10 Dec 04
    Posts
    7,029
    Haha, so I did.

    Here I thought they were trying to get all their money back.

  7. #7
    Official Thread Jacker Senior Contributor gunnut's Avatar
    Join Date
    27 Jan 06
    Location
    DPRK, Demokratik People's Republik of Kalifornia
    Posts
    22,797
    Quote Originally Posted by highsea View Post
    Haha, so I did.

    Here I thought they were trying to get all their money back.
    Even then, that's still $1k per rifle. I ain't paying that much for a beat up Garand with importer marks.
    "Only Nixon can go to China." -- Old Vulcan proverb.

  8. #8
    Ex-Wabber Defense Professional
    Join Date
    10 Dec 04
    Posts
    7,029
    ^^^ Me either, specially when I can get a new M14 for not much more.

    The avg. would be $1200, and you know the M1 Carbines aren't going to be even close to that- I remember when you could pick one up for $100. I kept one on the hayrack of my troller to shoot sharks.

    It sounds like they think they can get $1400 for a Garand??

    As much as I love Garands, I think not.

  9. #9
    Contributor Doomarias's Avatar
    Join Date
    16 May 08
    Location
    Bronx, NY
    Posts
    426
    Ive never seen anything like this how would they distribute, would they sell to large distributors who would in turn sell to retailers here?

    I also think they say the value is 120million, but I doubt they expect to get that especially if going through a middleman. I don't see Korean military officers selling on the street anytime soon.

  10. #10
    Military Professional toemag's Avatar
    Join Date
    28 Jan 07
    Location
    East of Hanover Germany
    Posts
    914
    I personally believe they will sell like hot cake's, once the bubble bursts and they realize that the market price is not what they wished for.

    $300 to $500 will see them sell, anything else is just stupidity, the major players won't even bother importing them at any other price.

    Almost everyone who would want a Garand or a M1 Carbine has one already, flood the market and see the price go down.

    I wonder if any will make it over to Germany?

    Tony
    Yet another ex-tankie of 1 RTR origin.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Financial Crisis -- easing of credit for marginal lenders
    By AAAO in forum International Politics
    Replies: 0
    Last Post: 24 Sep 08,, 16:09
  2. Life after START
    By sparten in forum The Staff College
    Replies: 1
    Last Post: 19 Jul 07,, 08:50
  3. North Korea may start shutting reactor within 30 days: report
    By xrough in forum East Asia and the Pacific
    Replies: 2
    Last Post: 19 Apr 07,, 06:41
  4. Your Thoughts on David Icke?
    By joey2 in forum World Affairs Board Pub
    Replies: 12
    Last Post: 29 Dec 06,, 12:55

Share this thread with friends:

Share this thread with friends:

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •