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About johnsonlmg41

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  1. Last recession

    It's actually not remotely accurate. I bought a lot of stuff on the cheap in that time frame. Some guns dropped by almost 50%. The peak was effectively the Stern auction, and some of the stuff still hasn't broken even, but much is just above those levels. I'm not sure what a "prime" piece is, but if it's older than WWII it's probably dropped and likely will never recover like Model T prices. As we say these days it's all about M16's and HK sears. Economic swings affect pretty much every asset class. Expect another swing soon, since I hear the same commercials about interest only loans as I did in 2007, 84+ month car mortgages, high prices and bidding on FL and vegas real estate, etc. Why do you think the Buffet is scooping up more trailer parks.....because they will be the next goldmine when the next wave of mcmansioner's get kicked to the curb.....some of them for the second time. All part of the grand plan from rules for radicals.
  2. WTB: MG08 sled mount tools

    Looking to buy the tongs an the chamber cleaning tool that fits on sled mount. Yes, they are tough to find, and I expect to pay stupid money for them.
  3. I was in Medford last year and pumped my own, but I think everyone else was high and didn't know what I was doing, so you could be right? They have small billboard ads inside the airport and every one of them was for some "brand" of weed. You'd think some smart marketing guy from nabisco or frito lay would sneak an ad in there somewhere, but they may all be stoned too? A few years back I spent 3 weeks in jersey....a nice part, nice people etc., but they have been bent over so long they learn to recognize each other by the shoes they wear and are used to it. It's sort of like people who get kidnapped, after a while they acclimate and think it's normal to be handcuffed 23 hours a day and even when the cuffs are off they hold their hands out to be cuffed again and no longer think about running away? Sad.
  4. You should have stopped off and started pumping your own gas.....that's when things get crazy.
  5. Uzi advice for buyer please!!

    Actually anything that says Vector. I've had a number of group guns (original group Ind. guns) and all were just fine and in some cases better than IMI in certain areas. Anything with Vector stamped on it was made from flats that were incomplete and sold at auction to Vector are the ones you want to look out for. Back in the day JLM was selling them at 5 for 10K, and sold hundreds of the thousands that were made (I forgot the total, but it's on the net). Many of these still sit NIB and pop out of the woodwork at times, some were fine, many were not, so it's a crapshoot as to what you get. All are fixable if you have the patience and want to mess with stuff like that. Open bolt subguns do not require a degree in rocket science to repair.
  6. Uzi advice for buyer please!!

    My thought is there are no problems with the bolts, the problems you describe are with the host guns and my position is still that the bolts are simple and nearly indestructible, but I will have to concede that a mill or bandsaw did initially break RHoustons bolt, so I will clarify that I meant in actual shooting use, the bolts will be fine LOL. Quite frankly with a good price I'd have bought it too knowing it's not a hard fix to reweld a bolt. Now you state you've not actually seen the guns, but you assume the bolt is the problem on three separate guns? That's bad information to put out to new guys since you say the guns still haven't been fixed and you've never actually seen them yet you're assuming the bolt is the problem? That's not at all helpful to anyone. If you can invite the guys actually working on them to post their findings that would provide better info. Generally when I post info the gun is next to me or it's something that I've had in the shop recently, otherwise it's just speculation. Sorry to also say your springfield armory equipment by today's standards is obsolete. Locally we have the top barrel makers in the country and none use outdated machinery like that anymore. I checked the camp perry blogs and no one (winners anyhow) in many years I went back has ever used a barrel from TX or AZ. I did not go back to the 70's when equipment like that was producing winners. I've been to, and know a few key players in that industry even though I have them make machine gun barrels on occasion. They find it amusing. You should research barrel makers if you want nice stuff and get it done by the best. I have CNC cut rifled 308 Bren barrels in the queue right now, turn around is generally a year, but I'm in no hurry and ask that it be a side job. No need to feel stressed.
  7. Uzi advice for buyer please!!

    So you say the Uzi bolts failed? Please explain how, or have some 8 year old post photos of them in the areas of damage. I've never seen or heard of any bolt failure, and if so, I can't imagine what damage that occurred and how it could not be repaired? I've heard of a number of vectors that have blown out the rear of the receiver, but that's about the only real uzi problems I've ever heard of (excepting of course the crooked/ lousy welds on Vectors). Most of the receivers that have been damaged have not necessarily been the fault of the receiver itself, but maintenance and other stupid things done by the owners. After all guns don't shoot people or break themselves, that's ALL human problems. We're talking about a hunk of steel bar stock, while I'm certain there are a large number of licensed gunsmiths who have problems spraying a gun with a can of spray paint, there's a bunch of others that have the skills and equipment to make an S18-1000 receiver from scratch. Repairing an Uzi bolt is closer to the spray can guys. I think you'll find the spray can guys on the boards, but the serious guys I know have zero web presence and work on referral only. We have more gunsmithing equipment here than 99% of all 02/07 registered, and it's all for personal use, so just because you can't find someone on uzitalk to fix something correctly, it shouldn't be a surprise, it should be expected. Again, feel free to post a pic of these "unfixable" hunks of steel.
  8. With fast food jobs at $10-15 and hour, everyone can buy a Mosin, thus increased demand and "limited" supply, therefore increased prices. Elect Pocahontas and see a temporary spike in prices before the economy crashes and Mosins are back down to $150 at the pawn shops. If Mosins hit $450 there will be new ones made and shipped and then no one will want the old ones. Heck they are probably making new ones dated 39' already? LOL
  9. Scarcity and desirable are what drive price, rarity has little or nothing to do with pricing. I have a number of rare (lets say less than 30 in the registry) that won't break 25K. The rarest Thompson's don't bring the most money, the desirable ones do. Even though the Mp40 dual mags don't work, they are on a must have list for a number of collectors. There is a fair amount of shill bidding at auctions, which can skew the numbers dramatically in a tiny market like nfa firearms. Sometimes when you win an auction you are the loser, the only true winner is the house, just like a stockbroker. If 15 specific guys died overnight the nfa market could easily crash, it's that small.
  10. Uzi advice for buyer please!!

    Buy the bolt gun if the price suits you if it's in an IMI semi host. The bolts are indestructible and moveable. The only thing you'll sacrifice is not being able to spend twice and much money shooting .45 or the frustration of getting .22 to run reliably. If you like frustration and spending money, get the second one. group industries gun would be second. Dead last would be anything marked Vector. There are a number of original guns, but no where close to your price range.....collectors only.
  11. M16s come down some - Morphy Auction today

    Reserves are never stated and trust me, no auction Co is backing out of any sale, buyers yes, auctions NO. There are a number of 161's around, but the main problem is would you rather have a 161 or an E6 style gun? Once you start bastardizing the 161, you may as well have gotten something else that's readily able to be modified and more of a shooter, than some collectible piece that needs to stay original to retain it's value.....even though that may be dropping?
  12. I'd guess the number is less than 10k. The number of transferable guns is somewhat fluent, with a bunch more being created since 86', but many, many more being destroyed for various reasons. There are still transferables in gov't and museums that have large numbers of guns, not to mention a substantial number of private owners with over 100. 20 guys owning 100 guns is over 1% of the total and I'm quite sure there are more than that. If you go to major shows or shoots you often see the same people, and even at KCR with attendance of 15K, there are probably less than 300 owners of transferables, even though you see a lot of guns, the now major part of the line are guys with post samples who've never owned a transferable gun. I know guys that had them, sold them for an 02/07 to get more guns, often getting 6 or or more guns for the price of one nice transferable.
  13. MG's as an investment

    bradhe, great post. At the high end I don't see a lot of stuff rising percentage wise very much, but many of us think of it more of hedge against inflation without fee's, costs, etc. The problem can be is that a lot of us don't see apple or other stocks going from $225 to 2250 anytime soon either? So do you buy the stock (that you can't touch, enjoy, or that they could issue more of) or do you invest in a hobby and hope to get value from the artistry, life experience of shooting, owning, collecting, and in cases of older guns, the history. Guys buy season tickets to games they can't participate in (just watch), gamble (knowing there is no way to profit), and a number of other cool life experiences chalked up to an investment in life? I will say this, moving to a free state for guns usually carries other investment benefits as well so personally I think that's a great choice! Course another exercise is to multiply the number of guns in the US approx. 350 million by $400 each average price and you get 140 the money may be there after all if just 2.5% of title one guns are sold off for NFA MG's, you hit the 3.5? I see a lot of title one guys moving into NFA and dumping their large stashes of common guns to buy choice collectibles, that's what I've seen over the years, as well as wealthy folks just diversifying as any good investor does.
  14. Any word on the Form-4 e-file?

    the fingerprint cards have nothing to do with it. They are having issues with their programs. They cannot coordinate and process a form 1 for reactivation from a form 5 machine gun. Until that is handled an efile form 4 is out of the question. Even if it's done, times are unlikely to drop all that fast if at all since that's where the volume is, and that takes examiners, that they apparently don't have? It's now been "years" and they haven't caught up, they obviously don't have a plan to do so.
  15. Group vector uzi

    One thing you are going to find out is there is no such thing as a "mint" Vector Uzi. Many of them have issues and are the lowest rated uzi in the chain regardless of what the experts say on uzitalk. Hope it works out and you don't have one with issues. I've never owned a vector, but I do have others including an IMI with a bolt. The best cal. is 9mm,. 45 is expensive, and .22 is for tinkerer's like any .22 conversion they all require a degree of patience. You do know they make drums in 9mm? Gotta have one of those!