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Thread: Cased No 4 Mk 1 (T) $79 ?

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    Legacy Member HOOKED ON HISTORY's Avatar
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    Cased No 4 Mk 1 (T) $79 ?

    Spotted the picture of Jimmy Doolittle on the cover of a 1967 American Rifleman and picked it up based on that alone. I found the adds for the surplus arms and the prices in 1967 to be interesting. I hope you do as well. I for one will use the large increase in value from then to now as a rationalization to expand my collection. What are those No 4 Mk 1's going for now?
    $5000.00?

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    I wonder how much $79 would have bought in 1967???

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    Put my name down for one at that price HonH. Tell them not to worry too much if the numbers don't match. And I'll send you one of our £2:35p (Two pounds seven shillings in old money) Sten guns

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    Gas in the U.S. was about .25 cents a gallon. They pump it, check your oil and cleaned your windshield. 16 times higher now. That would put the rifle at $1,264 less shipping. Looks like the best deal on those pages and probably no import stamps in '67.....Frank

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    Quote Originally Posted by frankderrico View Post
    Gas in the U.S. was about .25 cents a gallon. They pump it, check your oil and cleaned your windshield. 16 times higher now. That would put the rifle at $1,264 less shipping. Looks like the best deal on those pages and probably no import stamps in '67.....Frank

    Thanks for doing the math. Still a pretty good investment I suppose. I wish my dad would have put a few away for me as I was only 7. I guess he was busy feeding and clothing me and my 3 sisters ,in addition to having no interest in firearms after being fired upon by some unfriendlies at Okinawa.

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    That is probably about the same as the average mortgage payment in 1967.
    Bill Hollinger

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    Bill, you got it right. Bought my first new car in early '72, a jeep CJ5, my monthly payment was around $47.00. Yesterday I filled up my GMC 1500 paid $105 for gas!!! Still those (T)'s would have been a good investment.....Frank

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    I think Kleins in Chicago? had them in 1964 for $59.95 and a few months later for $64.95.

    IF only money and foresight were two of my assets in 1967
    Why use a 50 pound bomb when a 500 pound bomb will do?

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    Interesting a complete No4(T) for $79 when a No5 sells for $39 and No4Mk1 sells for $24.

    Given that a good No5 now sells for around $600 to $700 and a good No4 sells for around $400 to $500 .................all you blokes with a good complete No4(T) should be selling them for between $1350 and $1450.

    PM me if this sounds like a deal.

    Seriously though, it shows that the strongest growth in value is on rifles that are limited in number - Relative scarcity equates to better capital appreciation

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    Quote Originally Posted by paulseamus View Post
    Seriously though, it shows that the strongest growth in value is on rifles that are limited in number - Relative scarcity equates to better capital appreciation
    Paul, I feel like I just heard on of my old economics professor's lectures.
    Bill Hollinger

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