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XM16E1 lower receiver value

haracks
does anyone know what an XM16E1 colt lower receiver circa 1960's is worth?
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Comments

10 comments

Date Votes
  • mark christian
    Just to keep Gun broker out of trouble; I need to ask you whether or not the item was properly registered during or before the close of the 1968 amnesty?
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  • haracks
    as far as i know yes it was
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  • givette
    "does anyone know what an XM16E1 colt lower receiver circa 1960's is worth"

    Yes.

    If registered, and on a NFA form four (or form three), then somewhere upwards of eight thousand dollars to you as the legal owner.

    If it is not registered on [above forms], then it's worth a long stretch in Federal prison, and upwards of a ten-thousand dollar fine, as you are in posession of an illegal machinegun.

    My answer is assuming you are a non-FFL holder, and without a SOT (average US citizen).

    It is what it is. Best, and Good Luck!! Joe

    EDIT
    I was typing when you made your reply. If it in fact is registered, then paragraph one of my initial reply is the appropriate answer. Best again, Joe
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  • mark christian
    There would be considerable collector interest in such an early US property marked M16 rifle. Ordinarily a US property marked M16 receiver it would be valued the same as a complete M16 rifle, roughly $10K, but this is a special case. A good place to start for a solid estimate of would be Long Mountain Outfitters at 702.564.0948.
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  • haracks
    thanks alot great info
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  • bigborefan
    My 2 cents. If it is not a welded de-milled receiver and is amnesty registered it carries a premium over a non property marked of at least $2K. But chances are it is a welde receiver. John Norreldid a number of them in the 70s and early 80s.
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  • 32 Magnum
    Just out of curiosity - how would one acquire one of these prior to the end of amnestiy in 1968 - when they were still in use in Viet Nam (I was issued one in May 1969) and were Gov't property? Would the ATF check to see if it were stolen? Or could it have been a dealer sample?
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  • mark christian
    There was only one way to obtain a US marked XM-16E1..Yes, that was the way [;)]. However the 1968 amnesty was in fact an REAL amnesty with no questions asked and that is why you will find a number of US marked M16s, M14s and other toys that someone decided Uncle Sam had no further need for. We have covered the 1968 amnesty in great detail in this forum on numerous occasions so I feel no inclination to go over it all again today.
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  • nmyers
    When I was stationed at Ft Sam Houston in 1964-65, we stood guard duty with an M14 rifle
    but no ammo! A couple of the guys in my company got jumped by locals & their rifles were stolen. What kind of idiot officers send trained soldiers out on guard duty without ammo?

    I always wondered; when they gave out the amnesties, did they check to see if any of the guns had been reported stolen by the military?

    Neal
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  • 32 Magnum
    Guard duty at Ft Dix NJ in late '67 - M14s - they gave us one round.
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