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Old 10-19-2013, 06:49 PM   #11
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Selling price for a LEGAL full auto AK 47 is around $19,000 to $22,000. Yes, that was thousand.

Go to Gunbroker.com (you need to be registered) and search closed auction. Class III, see what they have sold for. Bring backs from RVN were usually Chinese, and it is a Type 56 RIFLE (type 56 Carbine is the SKS)

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Old 10-19-2013, 10:29 PM   #12
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Selling price for a LEGAL full auto AK 47 is around $19,000 to $22,000. Yes, that was thousand.

Go to Gunbroker.com (you need to be registered) and search closed auction. Class III, see what they have sold for. Bring backs from RVN were usually Chinese, and it is a Type 56 RIFLE (type 56 Carbine is the SKS)
The question was value not price. I know they sell for far more than their worth.
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Old 10-19-2013, 10:46 PM   #13
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The question was value not price. I know they sell for far more than their worth.
Well if they sell for 22k, then they're obviously at that value to someone. Like I said, if you value yours at 40 bucks, let's talk
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Old 10-19-2013, 11:53 PM   #14
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Well if they sell for 22k, then they're obviously at that value to someone. Like I said, if you value yours at 40 bucks, let's talk
Alright. I'll rephrase. It is expensive but not a good value. Meaning, the rifle is utterly useless crap, inaccurate, wasteful, and dangerous to boot. This is an opinion. Fact is, there's a lot of money in it. If you mean value as what it sells for, you get no argument from me.
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Old 10-20-2013, 12:19 AM   #15
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Merc-

Courts have frequently used the word value without any clear indication of whether it referred to value in use or market value. Generally, however, the courts and parties in civil actions are concerned with market value. Though courts may refer to salable value, actual value, fair value, reasonable value, and cash value, these terms are synonymous with market value.

Copy & paste from legal definitions of value. If you want to split hairs, you need a barber's license. A papered class III AK is worth that much because someone is willing to pay that much.

Why is that little chip of carbon attached to your lady's ring worth all those dollars? Because someone was willing to pay that. There are things I am won't buy because I don't like them- does not change what the value/worth of the item is.

What is a clunky, discontinued 150 year old revolver worth? Don't know- but do know I got to hold JEB Stuart's LeMat revolver once. Not a repro- the real McCoy. Value has many definitions.

I gave the OP the market price.

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Old 10-20-2013, 02:24 AM   #16
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Merc-

Courts have frequently used the word value without any clear indication of whether it referred to value in use or market value. Generally, however, the courts and parties in civil actions are concerned with market value. Though courts may refer to salable value, actual value, fair value, reasonable value, and cash value, these terms are synonymous with market value.

Copy & paste from legal definitions of value. If you want to split hairs, you need a barber's license. A papered class III AK is worth that much because someone is willing to pay that much.

Why is that little chip of carbon attached to your lady's ring worth all those dollars? Because someone was willing to pay that. There are things I am won't buy because I don't like them- does not change what the value/worth of the item is.

What is a clunky, discontinued 150 year old revolver worth? Don't know- but do know I got to hold JEB Stuart's LeMat revolver once. Not a repro- the real McCoy. Value has many definitions.

I gave the OP the market price.
It is true that I was referring to consumer value, while the question was about market value. That said, look up "drama" in the dictionary.
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Old 10-20-2013, 03:02 AM   #17
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The sad thing is one could get one on the black market for the price we pay for variants. Or less.

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