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SP1 value

0311
I have a SP1 that has never been shot before in new condition, it was bought and just put into a safe and never messed with. I am almost certain that is was maufactured in 1988, it is the one with no forward assist, nor does it have the case deflector. I would just like to know the value of a really nice SP1, and what it may go down to if I decide to fire it. That is all, and thanks.

Cpl Brandon L. Tanner/USMC
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Comments

10 comments

Date Votes
  • IAMACLONE_2
    $1,300-$1,500, go with the high side. Preban recivers alone are selling in the $1,000 range right now. But if the AWB is allowed to sunset the prices will drop like a rock, or if the AWB is reinstated then the prices will continue to go up. If I were in your shoes, I would leave it in the safe until the AWB is settled down.
    Walte
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  • 0311
    Thanks for the info IAMACLONE 2, I had just bought the rifle and wanted to see how I did, I got it with 2 magazines, bayonet, and a sling and was all still in the box along with 1,000 rounds of ammunition for $1300. So if the AWB does sunset [:)] then I will not be worried about what I paid for it, I will be the happiest person ever, then I can go out and get the same thing for what they were 10 years ago.

    Cpl Brandon L. Tanner/USMC
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  • 0311
    I have just found out that this rifle was actually made in 1978 from the Colt factory, is there a value difference between a '78 or 88 or are they about the same.

    Thanks
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  • mag
    SP1's will always have collectors value whether the AWB expires or not. The later pre-ban guns currently inflated price is due to the AWB and their price will drop if the AWB sunsets.

    mag
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  • fort_knox
    I have the same gun you have...manufactured in 1978. I bought it NIB three years ago and paid $2000. I think I paid too much, but it seemed like the right thing to do at the time. [B)]
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  • kimberkid
    As mag notes - "SP1's will always have collectors value whether the AWB expires or not."
    Personally, I really doubt anyone with an original NIB Colt - SP1, blue or green label "pre-ban" will see much of a change ... no matter if the AWB expires or not ... (I'm only referring to NIB guns here) by now these guns are basiclly collectors guns ... Colt quit making them and chances are slim to nil that they will ever will make them again.

    IMHO the ones that will take a big hit will be used well used Colts and other pre-ban clones like PWA, DPMS, Oly ... and even Bushmaster ... parts guns like M-forgery's and the like.

    ===========================
    Chance favors the prepared mind [8D]

    kimberkid@cox.net
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  • staind460
    ok. i live under a rock . . what is "the AWB"
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  • nmyers
    That would be Assault Weapons Ban, or, more precisely, the ban on manufacture of Semiautomatic Assault Weapons after September 13, 1994. These are guns with too many evil features, such as detachable magazine, flash suppressor, bayonet lug, & pistol grip.

    Neal
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  • SP Tiger
    Never sell it! I had one and made the mistake of selling it in 1991 for $400! I have seen them at gun shows for no less than $1200 and up to $1500 in used condition. Shoot it often and enjoy it. With the low cost of 5.56mm 55 grain FMJ ammo you could shoot a lot and not break the bank.

    Better to have and not need, than need and not have.
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  • mag
    DON'T SHOOT IT !! A large part of its value is that it has never been shot. If you shoot it you decrease its value by at least $200 to $500.

    I actually prefer to buy fired collectible guns so I can take them shooting without hurting the value [ unless there is a kaboom [:0]]

    mag
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