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Author Topic: [WTS] Legally transferable Colt M4 Commando Enhanced for 9 BTC, USA only  (Read 215 times)
Neo-Geo
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November 21, 2017, 04:13:40 AM
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9 BTC or equivalent in some other recognizable crypt such as RVN, Sia, Monero, ETH, etc.

This is an unmodified fully automatic legally transferable machine gun in factory original configuration with factory roll marks. Ultra-rare Enhanced model with 4-position select fire: safe, single-shot, 3-round burst, & full auto

For sale by owner. On form 4 in Tennessee. This is a 1-off in the NFA registry as far as any dealers, collectors, or anyone at the ATF are aware. Must be transferred to a new owner in the USA through legal channels (if out of state, it transfers by form 3 from my class 3 dealer to your class 3 dealer). If in state (Tennessee), form 4 transfers directly to you.




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Neo-Geo
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April 29, 2018, 12:15:37 AM
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Price lowed, now accepting more crypto than just BTC.
MiLkz
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April 29, 2018, 01:50:03 AM
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I thought these things went for 20-30k?
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April 29, 2018, 02:13:01 AM
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Don't you mean the, for there are no these when it comes to this model considering it's a 1-off (grand total of 1 in the NFA registry). Unless of course you're comparing this to those readily available M16A1s or M16A2s, but that's like comparing a collector's edition or Unlimited edition Black Lotus to the original artwork and considering them to be of equal rarity and value. For reference, I sold the world's most expensive Black Lotus: https://www.neostore.com/Alpha-Black-Lotus-PSA-DNA-Gem-Mint-10-p/1250.htm

A M16A2 Commando that was built as a Commando with factory Commando roll-marks is exceptionally rare and commands a hefty premium, yet one may surface perhaps once every few years. Then rare as hens teeth x10 would be transferable M4s, which insta sold within 24 hours at $50k each a couple years ago, and was likely the only time they have ever surfaced for public sale. Even rarer are M4 Enhanced (4-position). Then you have the one-of-a-kind Colt grail gun, which is the transferable M4 + Commando + Enhanced (4-position).

Video showing close-up of the factory roll marks of the Legally transferable full auto Colt M4 Commando Enhanced 4-position machine gun:
https://youtu.be/nG_Wt7pFJqo
SilentMining
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April 29, 2018, 04:08:47 AM
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I think you need to call up Ruben at DealerNFA or James D. Julia auctions for something like this.  If it is as rare as you think it is- call up the NRA museum or Reed Knight at KAC.  He has a large collection of rare and low serial MGs.  

Not saying it isn't worth 85k but if your closest bench mark is a 50k gun, I think you might be over the mark.  As with the collectables board- put it up at a firearms auction house and let the market decide.  
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April 29, 2018, 05:40:07 AM
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I think you need to call up Ruben at DealerNFA or James D. Julia auctions for something like this.  If it is as rare as you think it is- call up the NRA museum or Reed Knight at KAC.  He has a large collection of rare and low serial MGs. 

Not saying it isn't worth 85k but if your closest bench mark is a 50k gun, I think you might be over the mark.  As with the collectables board- put it up for auction and let the market decide. 

I agree with this assessment, except for the auctioning it here part. I don't think there is enough density of eligible buyers here due to the legal restrictions and high cost to really enable a decent auction on this forum. You might get lucky and find a buyer here, but a private auction through a house specializing in firearms probably would serve you best. Perhaps you could offer a percentage discount on the final settling price if paid for in crypto at the auction? Either way this is certainly an extremely rare and valuable firearm. Thanks for posting. Gotta go clean up my drool now. Good luck!

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April 29, 2018, 05:46:49 AM
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I think you need to call up Ruben at DealerNFA or James D. Julia auctions for something like this.  If it is as rare as you think it is- call up the NRA museum or Reed Knight at KAC.  He has a large collection of rare and low serial MGs. 

Not saying it isn't worth 85k but if your closest bench mark is a 50k gun, I think you might be over the mark.  As with the collectables board- put it up for auction and let the market decide. 

I agree with this assessment, except for the auctioning it here part. I don't think there is enough density of eligible buyers here due to the legal restrictions and high cost to really enable a decent auction on this forum. You might get lucky and find a buyer here, but a private auction through a house specializing in firearms probably would serve you best. Perhaps you could offer a percentage discount on the final settling price if paid for in crypto at the auction? Either way this is certainly an extremely rare and valuable firearm. Thanks for posting. Gotta go clean up my drool now. Good luck!

The auctioning part was to be done in a firearms auction.  Not here.
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April 29, 2018, 06:22:41 AM
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Not saying it isn't worth 85k but if your closest bench mark is a 50k gun, I think you might be over the mark.

Since non-Commando non-Enhanced M4s insta sold at $50k a couple years ago (all sold same day and I have emails from the dealer (Targetmaster) as proof, as I made an offer of $100k for a pair and missed out), its safe to say that they were under priced. A somewhat better comparable, but still not on the same level, is the Colt ARC Test rifle that's hens teeth rare x1000, so rare that most collector's don't even know this gun exists, was limited to ONLY 12 in the registry, but good luck finding the proprietary ammo for it. I was fortunate enough to catch the listing and save a screenshot before it sold. Will probably be a decade, if ever, before we see another of these in wild again since a gun this rare likely won't leave a collection until there's an estate sale:

-source: https://www.davidspiwak.com/guns/

Another price point was based on my purchase price of $70k 2 years ago for the 1-off Colt M4 Commando Enhanced.

I'm aware of where transferables would be best listed as FSBO for a quick sale, and that's machineguncentral, sturmgewehr, & gunbroker.com, yet I posted the ad here and nowhere else. I deliberately listed under the radar because I'm on the fence about selling and not hyper motivated to let go of what would be best described as an irreplaceable collectible, but I am more excited about crypto at the moment than any other asset class and will honor the listing.
MiLkz
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April 29, 2018, 01:56:42 PM
 #9

Sorry for my ignorance about the price Smiley

Can you explain to me how an individual can own this since it is all factory original and was built in 1998?
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April 29, 2018, 10:21:14 PM
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Others and myself wondered the same thing, so I called and spoke to the ATF.  I communicated with an extremely knowledgeable specialist at the NFA branch of the BATF and explained that I purchased a transferable full-auto Colt M4 Commando Enhanced with 4 position selector built 1998.  I also explained how the general consensus from NFA dealers & collectors is to unanimously condemn this firearm as a mistake, how there's no way this could be transferable, and how this gun is a phone call away from the inevitable swat team confiscation.

The agent was already familiar and well informed of the situation with Colt's modernized machine guns that exist as transferables.  He gave me 39 minutes of his time by phone and confirmed much if not all of what I had already been led to believe by people in the know (private collectors with means, AKA the Syndicate).  The agent assured me that I needn't worry about this gun being reclassified as post-sample or being confiscated since the serials were registered prior to May 1986.  He went on to say that Colt did indeed enhance and remark some of their transferables and how never to take apart the 4-pos because of the complexity (this agent was very much a gun guy).  He said that the ATF isn't out there to take our guns away and that the blogs (implying forums) out there are almost always 100% WRONG in their assumptions.

I had also emailed him (and another ATF specialist) the original high resolution pictures that the seller/dealer provided me with and a link to this thread. I was instructed to include printed photographs along with a memo for the examiner and to instruct the examiner to contact this specialist if there are any concerns.

The original agent that was aware of these modernized Colt transferables was out of office at the time that my file was being reviewed and the examiner assigned was mighty thorough with her investigation, just as I had requested in my included Attention Examiner letter.  I have email confirmation from the examiner that the high resolution printed pictures & burned disc pertaining to this very Colt M4 Commando Enhanced, manufactured in 1998, were received to assist in the investigation, "We see an attached letter with a CD of photos attached. Also, noticed the folders have those same photos enclosed."  So now, in addition to the special agent that assured me of this Colt M4 Commando Enhanced's legitimacy as a transferable and guided me through the completion of it's form 4, I also have email records with the examiner at the ATF stating that they verified the records with Colt directly, "I have reached out to Colt and am just awaiting a response from them on the proper model designation to ensure we have that 100%. Often they designate “M4” as the model and the following content just being additional variant info."  After a 360 day wait, the approved form 4 indeed matches this Colt transferable machine gun exactly/perfectly/correctly, and I have absolute confidence & confirmation that this transfer did not simply slip through the system.

I realize that there will always be some non-owner skeptics that will never admit that a Colt transferable rarer than a standard M16A2 could legally exist and will stubbornly ignore all support/confirmations/blessings that the ATF provides to the contrary. This is the same illogical and yet familiar denial that some non-owners have for machine guns in general, by condemning them as overpriced toys that aren't worth more than their parts.
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