Warning

 

Close
Confirm Action

Are you sure you wish to do this?

Cancel Confirm
AR15.COM
Armory Sponsor
5/10/2006 10:54:40 AM EDT
Regretably, I've come to the decision to do a financial makeover to get myself out of debt and become financially turned around.  I want to get to where my income works for me, not the other way around.


Anyway, I have a nice M1 that I may end up selling.  It makes me sad, for sure, but I may have to do it.

It's a Winchester Dane with a VAR barrel.  I got it in a trade with another board member a few years back.  The metal is all in good shape and had a fresh repark before the Danish sent it back.  Except for the bolt, which is almost in the white.  The VAR barrel is in good shape, but I don't know what the throat erosion is.  The muzzle is very tight and the crown is good.   The gas tube and front sight are PB.  Not sure what the rear sight is.  I think the trigger group is SA, and can't remember what the oprod was.  

Came to me with a very dinged up walnut buttstock with beech handguards (equally beat up).  I dropped it in a nice new Boyd's stock, and she looks great.  (I have the original stocks and will include them with the sale)


What would this rifle be worth?  

Again, it saddens me that I'll have to sell it... but I haven't decided to do so YET.  

The only good thing is, I should be completely debt free in a couple years, then I'll be able to easily save up to buy another one or two.  
5/10/2006 11:13:22 AM EDT
[#1]
Get another job.  Keep the gun.  If you MUST sell a gun, sell one that has no sentimental/collector's value.  Sell all the hunting guns, etc.  You will kick yourself until you die if you sell this M1.

5/10/2006 3:47:13 PM EDT
[#2]
+1
5/10/2006 5:19:25 PM EDT
[#3]
Don't do it! Please, it will fall into the hands of some bubba and will soon sport lazer "beamz" or something equally
Find another way.
When the CMP dries up with M1's,  and you have that itch for "Bang" 8x's = "pling", you will kick yourself so hard.
Sell an upper or some preban mags or something that will be easily forgotten, just my $.02
5/10/2006 6:28:13 PM EDT
[#4]
I know it would be a shame if I did sell it.  It's just probably my most valuable firearm.   I know I could get another M1 in a couple years, even if the CMP runs out, there will be private parties selling, even though there will be a premium.  


I've got to decide the cost/benefit.  My financial mind has shifted, and having a rifle worth some money, or being closer to being debt free...   Being debt free is EXTREMELY valuable to me... it will free up SO much money (that I can then spend on... GUNS!)


I have, and will be selling a couple other guns in the near future.  I'm slimming down on my 'arsenal' to mostly what I'll actually use.

I think I'll be sitting on the M1 for a few months before I make any decision regarding it's fate.  
5/10/2006 7:11:14 PM EDT
[#5]
IIRC, my Dane SA with VAR barrel was 400 + shipping from the CMP, (4-5yrs ago I think)

that should give you a starting point,

HTH,

(and don't sell unless you really have to, )
5/10/2006 8:05:38 PM EDT
[#6]
I too ma debt, but that is because of guns, so it's very illogical to sell guns to get me out of debt to purchase more.

However, I do know how you feel. I tend to see M1's go for around the $600 mark on gunbroker when they are not listed as specialty M1s or refinished. Hope that helps some.
5/11/2006 8:53:10 AM EDT
[#7]
Well, I'm in debt because of a lot of things, not just guns.

I'm not going to get myself out of it, just to get back in buying guns!  

I'll just have my income freed up so that it will be a lot easier for me to use my income to outright buy things that I want.  

5/11/2006 10:25:05 AM EDT
[#8]
I have found that the things that get people in debt and keep them there are the big things:  house loan, car note, etc.  The small day-to-day things rarely put a person under.  

For example: we have all been at the grocery store and bought the "cheap" version of things - like the 55 cent refried beans instead of the 75 cent ones.  Well, buying the more expensive beans (or bread or whatever) is not what keeps us in debt.  It is the home that is too expensive for our income, or the car note on the new car that we bought because it is "more reliable" than an affordable used one.

If you want to really get out of debt, look at how much you are paying for your house/apt, and how much you spend on a car note.  Downsize if possible.   Keep the guns - unless you have a MAJOR collection, selling them isn't going to get you that much more out of debt.  Paying $200-$400 less per month in rent/mortgage will.  Having no car note will.
5/11/2006 8:32:23 PM EDT
[#9]
I suspect he means credit card debt. House debt takes care of itself, cars are cars. Visa at 22% is financial suicide, and paying off a $2000 card now can mean not paying a $4000 card in 18 months or so.

How much you want for it?

JK. I have an Enfield to find and buy first.
5/12/2006 11:39:52 AM EDT
[#10]

Quoted:
I suspect he means credit card debt. House debt takes care of itself, cars are cars. Visa at 22% is financial suicide, and paying off a $2000 card now can mean not paying a $4000 card in 18 months or so.

How much you want for it?

JK. I have an Enfield to find and buy first.



hahaha... if I were to sell it, I'd want probably at least $800 or so.  AFAIK, you can't get Winchester Danes with VAR barrels from the CMP anymore, so the starting price would be higher than what the CMP charges.  

So far, I'm not going to sell it, but depending on how my budget works out, and how much OT I end up getting...

And yeah, paying off a high interest card NOW is better than chipping away at it.   I've had enough of credit cards, and as soon as they're paid off, they're gone.

BTW, I do have a nice No4MkI... hehehe  
Armory Sponsor