The latest NIB M16A2 Carbine - look it over

[SecondAmend]

USSarizona, The only thing I remember from "Beastmaster" is Tanya Roberts in the river.

Back on topic - it's nice to know who some of the players in the game are. Thanks for the post.

 

[secondofangle]

Spiwak is business partners with Chad O'Connell from Chester County Armory (big secondary source of the recent Kelerchian Kollection) and another fellow. They have a combined inventory. Chad's wealthy father made available to him a very large amount of money to swan dive into the NFA biz, and wrap his arms around these "special" 16's like those bat winged monsters from Beastmaster. They also do a lot of horse trading with Targetmaster.

This site doesn't seem to allow embedded videos, so here is a link for you: https://www.youtube.com/watch?v=z_6x9NRz8gk

So do I correctly read that a.) the Kelerchian Kollection is being liquidated and b.) Spiwak and Chad and Targetmaster kollectively have access to it?

 

[USSarizona]

So do I correctly read that a.) the Kelerchian Kollection is being liquidated and b.) Spiwak and Chad and Targetmaster kollectively have access to it?

 

[USSarizona]

The embedding works on desktops but not my iphone.

What am I missing here? I pasted the embedded link in both "insert link" and "insert video" and no success.

 

[damcv62]

And......

Spiwak's got another POUSG marked A2 Colt, for $32,000

Good Gravy, when will this end?

I've been telling you guys the well is far from dry. But sure. Listen to the dealers telling you it's the "last one".

 

[Battering ram NIB]

http://www.davidspiwak.com/guns/new-4/

another US property A2 on Spiwak.....that makes 15 of them ive seen for sale in the past year----got my Upper from my dealer last week...took the foregrips apart--no date mark...everything i was able to research on it says it is a period correct A2 upper....looks like it was dipped in grease...very thick coating

and i see on GB there are 3-4 NIB A2's

Pallets of these....endless pallets

 

[ScottinTexas]

Quite odd how all these ended up sequestered unused for 3 decades then they emerge from apparently a single source.

Certainly not plausible other than an organized concerted effort to manufacture and store until prices peak or someone's circumstances force the sale.

 

[Battering ram NIB]

Quite odd how all these ended up sequestered unused for 3 decades then they emerge from apparently a single source.

Certainly not plausible other than an organized concerted effort to manufacture and store until prices peak or someone's circumstances force the sale.

if they wanted to maximize their prices they would limit them to 1 A2 a month or less....the market would be $30k+ on them.....instead they toss out 5 a month lowering the price and time to sell....
watched an episode of STRANGE INHERITANCE on Fox...about baseball cards...they had a multiple rare sets of the same cards....i think they sold 1 set a year to keep prices high


Selling at the peak? the peak never ends.....is there going to be a ceiling on something with limited supply (which is actually going down in #'s) with demand going up....possibly limitless....

someone probably died and the family has millions in M16a2's at $27k each

i would have liked to have seen that pallet before this started.....some day that pallet will be empty and prices will rise...right now im not sure if there will be more A2's than A1's when its done....wasnt there suspected of being 2,000 A2's?....there may be 4,000+

 

[ScottinTexas]

someone probably died and the family has millions in M16a2's at $27k each

i would have liked to have seen that pallet before this started.....some day that pallet will be empty and prices will rise...right now im not sure if there will be more A2's than A1's when its done....wasnt there suspected of being 2,000 A2's?....there may be 4,000+

Exactly. If the ignorant masses thought there were a couple dozen but the insiders knew there were 2,000 mint NIFakeBox they could turn for $25k each before they die, or they let their heirs sell them for more later, chances are most insiders would take the $25k while they could do something with it.

Especially if maybe they had attorney fees to pay or their partners wanted to cash in. I'd be very surprised if this was just a one-man operation.

 

[Tall Pine]

I dont understand...if the consensus is that all these A2s were made with post 86 lowers using pre 86 registered serial numbers, how is it that there were so many? There would have to have been all these "pallets" of serial numbers registered back in the day that either 1. never got made back then and were just "paper" numbers, or 2. were actually made but got "taken in and destroyed" and "remade" using the post 86 lowers. Seems like either scenario would represent just a few dozen at most, how can there be pallets of them?

I know I am slow...so what am I missing?

 

[ScottinTexas]

Speaking for myself, I admit I have no clue how many exist.

I have no idea how many pre-86 numbers were probably recycled with post-86 lowers.

How many test models, destroyed or on paper, or reject production guns did Colt register over the decades? I don't know, but seems to me once the strategy was in place, every darned one was a potential post-86 reproduction.

 

[bsn]

Quite odd how all these ended up sequestered unused for 3 decades then they emerge from apparently a single source.

Certainly not plausible other than an organized concerted effort to manufacture and store until prices peak or someone's circumstances force the sale.

It may not be plausible, but it's certainly possible, does KAC still have all 750 of the MAC's that he bought at the auction in 1975?

http://www.smallarmsreview.com/display.article.cfm?idarticles=1222

 

[Tall Pine]

It may not be plausible, but it's certainly possible, does KAC still have all 750 of the MAC's that he bought at the auction in 1975?

http://www.smallarmsreview.com/display.article.cfm?idarticles=1222

^that was a great read about Mr. Reed Knight Jr. What an interesting life he has had in the firearms biz. Thanks for sharing that.

 

[Battering ram NIB]

im a believer most of these NIB M16a2's are real...most are, some arent......

Colt went into bankruptcy last year (i think it was last year)....these guns could just be hundreds sitting at colt
Could be a smart employee who bought them at cost from Colt in 1986 for $400 each knowing he would be rich some day...maybe he bought an over run pallet for $250 a gun....


my gut tells me it has something to do with Colt itself since some are odd ball and guns that arent pre 86.........

you could say the same thing about Mac's right now.....tons of NIB Mac's all over the place...seems like GB has 2-3 a week

smart people bought 10 of them in 1973 knowing the laws would some day change and $299 would = $7,000 some day

 

[wanneroo]

Well one thing to think about is in the era of the 1970's and 80's, there were plenty of collectors around and with the prices for machine guns were cheap compared to today. Logic would dictate that at least some of these people accumulated significant collections and I'm sure some when they got wind of the 86 ban, hoovered up a lot of stuff. A lot of these guys are getting old and dying off so as they do there will be plenty of surprises and collections that end up on the market in years to come. We've seen it with the WW2 and Korean war generation as they die off, lots of interesting collectables and firearms that come out of the closet after decades.

 

[SecondAmend]

Back in July, 2008 a posting on another firearms related website indicated that in the registry there are believed to be a total of about 18K transferrable factory Colt M16s of all variants of which about 2K are factory M16A2s. FWIW, also posted was that of the total approx. 50K transferrable "M16s" there are about 10K total RDIASs plus RLLs (which means there about 22K total conversions plus re-welds).

Just reporting what was posted then, no guarantee as to accuracy.

 

[Battering ram NIB]

maybe 400 of those 2,000 A2's belonged to 1 person

has to be 100-150 minimum at this point.....i have not kept track of the A2's to see if its the same A2's coming up over and over....but i have kept track of the A2 property guns....so i know exactly how many have been posted in the past year and its 15......

 

[wanneroo]

It may not be plausible, but it's certainly possible, does KAC still have all 750 of the MAC's that he bought at the auction in 1975?

http://www.smallarmsreview.com/display.article.cfm?idarticles=1222

Well interestingly enough, find part 2 of that article and everyone might have their answer where all these M-16s came from. It's all spelled out right in the interview. 2-3 people with shopping carts going through Colt in the 1990s and rummaging through their pattern room and other storage grabbing every transferable they could get their hands on in lieu of a royalty payment by Colt.

 

[Battering ram NIB]

i see this explanation for the odd ball stuff....but why would colt have hundreds of registered A2's sitting around.....colt just puts $200 stamps on hundreds of guns and lets them sit around?...doesnt make sense

i could see a dozen or so....not hundreds....

 

[MG34_Dan]

i see this explanation for the odd ball stuff....but why would colt have hundreds of registered A2's sitting around.....colt just puts $200 stamps on hundreds of guns and lets them sit around?...doesnt make sense
i could see a dozen or so....not hundreds....

As a manufacturer, Colt didn't/doesn't pay a $200 per MG. The MGs' serial numbers are just placed on a Form 2 and sent to BATFE after they are manufactured. That's it. All the required paperwork was/is done.