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The Most Expensive Machine Gun Ever Sold (Ad-Free)
🕑 Added 2023-11-06 12:00:04 +0000 UTCMorphy's recently took the world record for the most expensive machine gun ever sold at public auction - with a transferrable FN Minimi. It sold for a winning bid of $490,000, which became a total price of $588,000 after adding the 20% buyer's premium. Good heavens. So today, let's consider why someone might speak THAT MUCH money for a Minimi...
Comments
Library of Context
If this is a new record, what was the previous highest price paid for a registered transferable belt fed machine gun?
Thomas Batha
What amazes me even more than the price of the gun was the buyers fee percentage. Most really high end auctions (like for cars) cap out the fee they charge both to the seller and the buyer. I can understand the sellers fee because of the work the auction company must do to realize a maximum bid but why does a buyer have to pay anything? One reason I very seldom buy via the auction route.
Steven Minniear
Loved listening to your comments while at the same time wondering what the Morphy people were thinking about your comments.
Forgotten Weapons
Buying to flip versus buying to hold for growth.
Terry
What is the difference between an investor and a speculator?
So they can get berated for not field stripping and reassembling it in the comfort of their own home?
Paul Corpuz
Haha, look at this beauty of a rare treasure… because this is actually my most favorite gun ever, the FN Minimi. The reason for me loving the Minimi so much is that I can use the Minimi to trump both the Colt M4 and Kalashnikov AK, thus no arguing of which is better. And because you actually tracked one down that’s the only true transferable, we’re so getting closer to having a specifically designated history episode on the Minimi, and I’m now 1000 times excited!!!
