Looking back on the AWB period of ‘94-04

[HiredHand]

I didn’t know anything about Class-3 back then. A friend of mine called me and said he was about to buy an HK MP-5 for $900.00, that the dealer had more than one and wanted to know if I wanted one too. At that point in time, the most I had ever paid for a gun was $400.00 for a Colt Python. I felt it was far too expensive and passed.

The ban of May 19, 1986 hit and prices shot up. The last time I looked, a transferable MP-5 was going for over $35k.

I heard about some police officers way back that bought MP5(s) from their department for an unbelievable good price when the department decided to sell them off.

 

[Mad Professor]

Prior to 86 not that many people owned machine guns or were really interested to own one.
After 1986 prices didn't magically shoot up until about 2005
A MP5 selling for $900 in 86 went for $2500 in 2000, then $15k in 2005, now $30-35k.
Some have not really gone up all that much, Others are insane.
I saw where a guy paid $20k the other day for a drop in auto sear (RDIAS).
They were only a hundred buck novelty item in 86.

The MP5s I was looking at in 1994 were $4500. And I’ve regretted not buying one ever since.

 

[mr ed]

In 94 I was selling them for $1200 sold a G3 with the fancy 22 conversion kit for $1500
Maybe the Tulsa market was just flooded from all the Mfgrs in the area.
I was selling Lightning links for $189 in 86 and saw one yesterday on GB for $18,500
They don't even allow select fire. FA only

 

[saltydog]

Oh, they learned alright, there won't be a "sunset clause" the next time....

I have always found it interesting that 46 Republicans voted for it and 64 Democrats voted against it. I never hear anyone talk about this....
https://clerk.house.gov/Votes/1994416