Thompson US Mod 1928 A1

junkwood

September 20, 2002 09:22

I was curious as to any special laws or licenseing needed to purchase and or sell one of the above. I notice they are listed for sale from time to time on the auction~~?? My question is how and who can purchase and who and how can one legally sell to~~??
many thanks,

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  Sunray

  September 20, 2002 09:47

  If it's FA it's FA. If it's one of those Auto-ordnance copies, it's the same as any rifle. Check your State rules to be sure. Barrel lengths, mag capacities, etc.

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  nmyers

  September 20, 2002 09:48

  Federal law controls the possession & transfer of full-auto weapons; these are described in the National Firearms Act of 1928. You can read details on the BATF website.
  
  Basicly, a full-auto weapon must be registered with ATF. All transfers require the purchase of 1 or more $200 tax stamps, and the purchaser is investigated by BATF. Transfers usually must go through Class III dealers. State & local requirements may further restrict or prohibit the ownership of full-auto weapons.
  
  Before you get carried away, remember that these are toys---expensive toys, but still, toys. They have no practical value. Only a fool would buy one if he has not taken care of all his financial obligations in life.
  
  Neal

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  mark christian

  September 20, 2002 18:21

  Collecting machineguns is one of the most expensive past times there is! Unless you have AMPLE amounts of spare cash floating around I would think twice before jumping in. On the other hand, these wepons have proven to be OUTSTANDING investments. The US marked 1928 Thompson Submachineguns are prized by collectors and shooters. You should expect to pay a minimum of $5000 for an entry level "shooter". $7500 to $10,000 is more realistic for better quality weapons. Rare Thompsons- such as the overstamped guns, can go MUCH higher! Collecting Thompsons is a very complex subject and far beyond this post, just be aware that they are not cheap!
  Neal Myers is correct about the requierments for purchase but I should add that all the ORIGINAL G.I. Thompsons are C&R guns and can be shipped directly to any C&R license holder once the tax is payed and the transfer is completed. You won't need a CLASSS III dealer. If you are really SERIOUS feel free to e-mail me and I can give you the names of a few good dealers who often have Thompsons for sale. By the way Neal, I believe the NFA was enacted in 1934.
  
  Mark T. Christian

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