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-   -   NIW 0-66 USMC M1 coming up! (http://forums.thecmp.org/showthread.php?t=254949)

GMCASSIDY 11-16-2019 01:20 AM

NIW 0-66 USMC M1 coming up!
 
For those of you who are fans of the 0-6x USMC rebuilds, the best of the best is coming up for auction just in time for the holidays! A NIW, untouched O-66 rebuild! I've blown my budget through 2024, so I'm out of the running for sure.
Beautiful rifle, intact markings, A++. http://cmpauction.thecmp.org/detail....-66-SA-2223172

Good luck!

4gun-drill 11-16-2019 08:25 AM

I can follow your link, but how do you browse the future listings?

With the recent Mod 0, 7.62 listings, it makes you wonder where they are coming from and how many more are coming to auction.

JustinandKim 11-16-2019 10:30 AM

This rifle makes think about taking a small loan on my 401k. Its tempting for sure.

Jeremy2171 11-17-2019 07:00 PM

Its been "repacked" since 1999...

Probably opened and inspected for corrosion then repacked in new VCI wrapping.

talking warrior 11-18-2019 11:30 AM

A remarkable rifle that I believe will give the recent Winchesters a run for their money in terms of final bids.

Johnny Conroe 11-18-2019 12:18 PM

What are we thinking, 10-15k hammer price?

dawgmanvt 11-18-2019 02:55 PM

I see nothing special about this rifle, just like any other dry SA or Letterkenny rebuild. Its more valuable than the boxed 1996 lottery M1Ds??? What in the world am I missing here???

JustinandKim 11-18-2019 03:03 PM

For one it has the grease pencil markings on it which is typically associated with the Marines Corps rebuilds. It has the USMC rebuild O-66 marking on the receiver. Basically an unused USMC rebuild. I bid on it but I'm done now.

dawgmanvt 11-18-2019 03:26 PM

I guess to each his own,
I have a dry Letterkenny rebuild with the grease pencil marks and stamp and a dry SA rebuild and neither were over 1500$ from the CMP or private sales, so I was a bit confused over the excitement surrounding this rifle, another dry rebuild.

Jeremy2171 11-18-2019 06:25 PM

Quote:

Originally Posted by dawgmanvt (Post 1886797)
I guess to each his own,
I have a dry Letterkenny rebuild with the grease pencil marks and stamp and a dry SA rebuild and neither were over 1500$ from the CMP or private sales, so I was a bit confused over the excitement surrounding this rifle, another dry rebuild.

Its basically the same thing as a Navy Trophy rifle...without the awards papers.

While "neat"...it's not an OMG coolest thing ever...well at least not to me...YMMV

talking warrior 11-18-2019 07:30 PM

I don't know what it may go for, but as far as I know this rifle is unique. There are many more lottery D's, SA and HRA unissued, matching C's, pristine LEADS, "correct grade" etc. Then again, CMP might have found a crate load of them in the US rifles they still hold. I guess we'll see.

Jeremy2171 11-18-2019 09:27 PM

i'm interested to see what it goes for...I have an IHC just like it.

SFCDave 11-18-2019 10:39 PM

Anybody notice the RA-P rebuild stamp on the stock just behind the receiver heel? I'm surprised that stamp escaped the rebuild process.

Not the nicest one I've seen, but it's still pretty nice. $2166 with 11 days to go...CMP will make a ton of $$ off that one.

Blurry 11-19-2019 06:40 PM

If nothing else, this is entertaining.

dawgmanvt 11-19-2019 11:56 PM

Rarity doesn’t always equal monetary value. The new owner will have a time getting his money back on this one if it goes high. It’s still a rebuild no matter how nice. I like it and a beaut of a rifle regardless.

Sudden Death 11-23-2019 12:43 PM

Quote:

Originally Posted by Johnny Conroe (Post 1886747)
What are we thinking, 10-15k hammer price?

It could possibly hit this range, already over 4k.

SD

dawgmanvt 11-23-2019 04:42 PM

4K for a rebuild??? I paid less than that for my dry factory 11-41 lend lease. That shows you the following the rebuilds have garnered.

Blurry 11-23-2019 07:05 PM

Quote:

Originally Posted by dawgmanvt (Post 1888355)
4K for a rebuild??? I paid less than that for my dry factory 11-41 lend lease. That shows you the following the rebuilds have garnered.

Yesssss....
The “rebuilds” are arguably the last “originals”. And have rightfully clawed their way into the highly-desirable category in the eyes of many. Ultimately to each their own. Breathing new life perhaps?? Count your blessings.

Orlando 11-27-2019 02:08 PM

You can buy a "unissued" SA Post War garand which is truly original "and" unissued for less than $4000

dawgmanvt 11-27-2019 02:41 PM

True, I hadn’t thought of that!

BobJ50 11-27-2019 05:03 PM

If anyone thinks "something" is overpriced, it's probably because they don't have the money to buy "it."

Johnny Conroe 11-27-2019 05:39 PM

Quote:

Originally Posted by BobJ50 (Post 1889510)
If anyone thinks "something" is overpriced, it's probably because they don't have the money to buy "it."

Garand(s) = land


It's worth what someone is willing to pay.

Orlando 11-27-2019 05:57 PM

Quote:

Originally Posted by BobJ50 (Post 1889510)
If anyone thinks "something" is overpriced, it's probably because they don't have the money to buy "it."

Not true at all

talking warrior 11-27-2019 07:44 PM

I guess its not unique after all:

http://cmpauction.thecmp.org/detail....-66-SA-2037093

Careful with the box-cutter!

Blurry 11-27-2019 08:03 PM

Millions were manufactured. Only worth what someone will pay. Never more, never less. Anything else is just opinion.

BobJ50 11-28-2019 04:04 PM

My Spiritual Advisor tells me that 87.4% of the time people do not have enough money to buy something they really, really want especially if it is "overpriced for their budget." She wasn't talking about cheap junk. I have to agree with her.
There certainly is a point where we just don't feel like we will pay more-even if we DO have the money; like in the CMP auctions. In my case, I got lucky with a pistol so no need to bid at auction.

mnhusker 03-16-2020 09:38 AM

So have any of these 0-66 rifles that have been purchased been taken out of the wrap and had pictures taken and posted on the Forum?

I am really curious what these rifles actually look like when you get one home :D.

If I bought one at auction, I just couldn't keep it in the wrap, I would need to SEE it. Might not shoot it but I would sure want to fondle it, especially for the amount of money they are going for :p.

Johnny Conroe 03-16-2020 10:06 AM

I agree as well. It would be rather difficult to keep it stored in the bag. Who keeps Christmas gifts still the wrapping paper?!

But does it lose value once removed? 5-10% depreciation? Impact overall rate of return down the road?


Anxious to see/hear if anyone on the forums has removed their bag(s).

Ohio Don 03-20-2020 05:59 PM

Quote:

Originally Posted by Johnny Conroe (Post 1921200)
I agree as well. It would be rather difficult to keep it stored in the bag. Who keeps Christmas gifts still the wrapping paper?!

But does it lose value once removed? 5-10% depreciation? Impact overall rate of return down the road?


Anxious to see/hear if anyone on the forums has removed their bag(s).

There are people who do. I am one of them. I have an auction M1 that is packed in preservative. While it wasn't sold as a correct grade or as un-issued, it does have a bore that is within new specs and the chamber is in the white. There also are several bayonets that are still in the wrap from when made. None of my M1s were bagged items though.
Quote:

Originally Posted by Orlando (Post 1889527)
Not true at all

Correct. Just because one has the money to buy something does not mean they will. I'm sure there are people out there who could write a check for the XM-3 at its current price but won't for various reasons.

Johnny Conroe 03-20-2020 07:46 PM

It's only a matter of time before I join you, Don.

But it will be very hard to leave it alone! I was that kid who touched everything when my parents said don't touch that.

me109g4 07-03-2020 04:29 PM

My DCM rifle was a 6 million serial,, once I saw the number it had to come out of the sealed bag,,lightly used and appears all original.

navyrifleman 07-04-2020 07:40 AM

Just curious, what have been the auction prices of the 0-66 M1 rebuilds?

Ohio Don 07-07-2020 09:14 PM

Quote:

Originally Posted by navyrifleman (Post 1951374)
Just curious, what have been the auction prices of the 0-66 M1 rebuilds?

High. $1376 to over $4000 for one in the foil bag.

lonegunman 07-08-2020 01:10 AM

Why do much for these guns?

I found mine at a gun store a few years ago, it was a Navy Trophy rifle from the early 1980's with no paperwork, just the info from the seller, who's dad got it while he was in the Navy and the kid didn't have a use for it. Still had faint white grease pencil marks on it.

Ohio Don 07-15-2020 08:25 PM

Quote:

Originally Posted by lonegunman (Post 1952394)
Why do much for these guns?

I found mine at a gun store a few years ago, it was a Navy Trophy rifle from the early 1980's with no paperwork, just the info from the seller, who's dad got it while he was in the Navy and the kid didn't have a use for it. Still had faint white grease pencil marks on it.

Because just like USAF PG rifles, you don't see all that many of them. Ones in a bag means that they are fresh from an overhaul which means they will have everything in spec. And likely a refinish job with no wear and tear except for test firing.


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