M1s for all!
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Old 09-24-2009, 05:12 AM   #1
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Default M1s for all!

Or 100 000 anyway...



South Korea planning sale of 86,000 Garand rifles to US citizens





'South Korea's defence ministry has announced plans to sell up to 86,000 M1 Garand rifles to gun enthusiasts and collectors in the United States. Along with a reported 22,000 M1 carbine rifles, the total value of firearms for sale exceeds $100 million.


The U.S. government has approved the plan for sales of the rifles, which were originally given to South Korea as part of a U.S. aid program in the 1950's.

The M1 is reportedly the first semi-automatic rifle generally issued to the infantry of any nation and saw service in the U.S. military from 1936-1966, primarily during World War II, the Korean War, and the Vietnam War. Subsequently, the M1 became a highly sought after collectors item, particularly through the Civilian Marksmanship Program. The U.S. military also sells surplus M1 rifles through the program.

A well-maintained Garand is both accurate and reliable, and the rifle is popular for hunting, target shooting, competitive shooting, military parades and reenactments as well as being prized collector pieces.

South Korea expects this sale to raise tens of millions of dollars.'


South-Korea-planning-sale-of-86000-Garand-rifles-to-US-citizens

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Old 09-24-2009, 05:21 AM   #2
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OOH, I'll take one! (or 2) The M1 is a great all purpose firearm in what I think is the perfect caliber (for a rifle, not that good for a side arm). Interesting post, I will do research now, thanks!

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Old 09-24-2009, 01:47 PM   #3
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I wonder if there will be any left after the collectors finish.
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Old 09-24-2009, 03:02 PM   #4
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I had two Inland M1 carbines that are long gone, but I do have a 1943 Springfield M1 Garand. It's mostly Springfield with a Winchester bolt and a Buffalo barrel and it's a sweet shooter.

If someone has a chance to pick one up, I think you'll be pleasantly surprised by how nice they are.

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Old 09-24-2009, 03:44 PM   #5
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Let's do the math. If they expect "tens of millions of dollars" for 100,000 rifles, then each rifle will have an average cost of..........

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Old 09-24-2009, 05:39 PM   #6
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Any indication who will be bringing these into the U.S.? Maybe the NRA can buy them for their Civilian Marksmanship Program. CMP Home

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Old 09-24-2009, 05:57 PM   #7
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Most likely rack grade quality or worse. Depending on the price and the condition of the rifle, these may or may not be a good deal for the shooter, but may make great wall hangers. From my own experience with garrands, the best way to go is get one form the CMP. I own two ..........markerdown

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Old 09-24-2009, 06:34 PM   #8
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Hopefully they go through CMP!

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Old 09-24-2009, 06:49 PM   #9
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Nope wont go through CMP. Just checked their forum CMP Discussion Forum - Will the CMP get any of the South Korean returns?
We Gave them to S.Korea, now they're gonna sell them back.
86,000 M1 and 22,000 carbines together valued at 130 billion won (108 million dollars)
108,000 rifles at $1000 each possibly more with import fees/taxes/profit

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Old 09-24-2009, 07:34 PM   #10
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Quote:
Originally Posted by Gatekeeper View Post
Nope wont go through CMP. Just checked their forum CMP Discussion Forum - Will the CMP get any of the South Korean returns?
We Gave them to S.Korea, now they're gonna sell them back.
86,000 M1 and 22,000 carbines together valued at 130 billion won (108 million dollars)
108,000 rifles at $1000 each possibly more with import fees/taxes/profit
Uh yeah, they should be handed out free to us. We paid for them already with our taxes....
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