Now real quick this isn't about shipping. I'm just wondering how long you guys think the CMPs storehouse of M1s will last, I mean I know they just got a bunch back from korea (I think). But m1s are like oil once they are gone they are gone for good.
Printable View
Now real quick this isn't about shipping. I'm just wondering how long you guys think the CMPs storehouse of M1s will last, I mean I know they just got a bunch back from korea (I think). But m1s are like oil once they are gone they are gone for good.
That’s an interesting question!
Makes one wonder about just how many are currently in civilian hands.
Kinda makes me want to buy another one right now haha.
No CMP does not have any Korean returns
There is no way of knowing how long what they have will last or how many are left in the world to be returned.
I remember years ago CMP announced that all the had left in inventory were rack grade rifles. People panicked and bought them up. Wasn't long after CMP released some of the nicest Greek returns they have ever had. Good way to clean out rifles that weren't selling or coincidence?
Ok truth be told I was asking because I like always have my eye on more than one rifle to add to my collection. A cmp or a Schmidt-Rubin from either gunbroker or classic firearms
If it helps at all, I bought my Garand from gunbroker something like 3 years ago. Ended up paying about $850 all told, maybe 900.Quote:
Originally Posted by lyon13
Based on the 13,000 Turks, Mark said the Philippine rifles might take as long as 10 years to fully process.
As to more guns, don't forget that the Turkish Army has a lot of M1s... we have only gotten their Navy and Air Force guns so far. In addition, those Korean rifles are always a possibility... the problems are many but not insoluble.
You have to remember that CMP has nothing to do with the Korean rifles. If those ever come in then they will be import marked and sold by dealers.
Ah, but that's the whole issue... we say they are foreign aid rifles, the ROKs say they are the ones they bought. Nobody has proof because nobody recorded serials. They were ready to send them back if the Army paid a "handling fee" but the Army refused even though CMP said they would pay it.
IMO they will not get an import permit... maybe I'm wrong and some dealer will sort it out, but probably not while The Donald is in office. There's no demand anywhere but the US.
The September 2013 directive to not approve retransfers by the Obama administration has been rescinded so the State Department part isn't a problem. BATFE Imports Branch would have to approve them if the retransfer authorization from PM RSAT is in place beforehand. As Bob says, it'll all depend on whether they finally sort out the dispute over whether they are owned or were given as military assistance.
In late 2012, the CMP received 8,850 Turkish Navy M1's. This past fall (2017), the CMP received another lot of 13,097 M1's from the Turkish Air Force. These have been sorted out and in March of this year, notices were sent to those on the CMP mailing list that they were accepting applications for certain Service & Field Grade M1's. In April, I received my IHC Field Grade and SA Service Grade M1's from them (rather fast turn-around & shipping!) Not sure how many more of this 13,000+ lot they have processed so far but they must still have a bunch of them.
Also, based on the original shipment of M1's to Turkey in 1963 and 1973, there should be approx. another 110,000+ Turkish Army M1's in the "pipeline" for future return to the US/CMP. That's a lot of rifles... When they will be returned is anyone's guess but I'd say probably within the next 3-5 years. Not stealing the OP's thread here but I wonder what this huge volume of M1's entering the market place will do to current M1 values?
--728shooter
Every influx of guns so far has stimulated demand and eventually prices. The junk stays junk but the nice stuff goes up as more collectors upgrade, expand, restore collections.