NFA inflation.

[Iroquois]

I understand there was a time when NFA tax stamps for non machine gun items was $5 . When did that change?

 

[30calmachinegunner]

It's $5 for AOW's only and nothing changed

 

[wsenefeld]

I'm surprised there has never been an increase for the tax stamp. It has been the same $200 tax since 1934. How anybody could afford it back then, I'll never know.

 

[KLB]

I'm surprised there has never been an increase for the tax stamp. It has been the same $200 tax since 1934. How anybody could afford it back then, I'll never know.

That was the idea

 

[DaKruiser]

That was the idea

Yep, a ban to all but the rich! Which is what the Hughes amendment has pretty much done too.

 

[jd4320t]

I wonder how much the firearms cost back then compared to the $200 tax stamp.

 

[rvb]

quick google revealed this:

 

[Iroquois]

I'm surprised, one of my friends has a factory made 14"1894 winchester trapper, with papers. It's hard to believe anyone would pay $200 to register a gun so inexpensive...In 1934.

 

[OneBadV8]

I'm surprised, one of my friends has a factory made 14"1894 winchester trapper, with papers. It's hard to believe anyone would pay $200 to register a gun so inexpensive...In 1934.

That was kind of the point. They knew the mobsters back then wouldn't register them. It was one of the few ways they used to be able to arrest them.

 

[M67]

I'm surprised, one of my friends has a factory made 14"1894 winchester trapper, with papers. It's hard to believe anyone would pay $200 to register a gun so inexpensive...In 1934.

Was is registered and tax paid or during the amnesty?

 

[Redacted]

"$200.00 in 1934 had the same buying power as $3,531.05 in 2014." According to DollarTimes

 

[Redacted]

I wonder how much the firearms cost back then compared to the $200 tax stamp.

Pistol .22 $5 in 1934. $88.28 in 2014 Pistol, Beretta palm-sized $30 in 1934. $529.66 in 2014 Pistol, Colt .45 $25 in 1934. $441.38 in 2014 Revolver, .38 $20 in 1934. $353.10 in 2014 Revolver, .357 $22 in 1934. $388.42 in 2014 Rifle, .22 $5 in 1934. $88.28 in 2014 Rifle, Hunter $30 1934. $529.66 in 2014 Rifle, Elephant Gun $70 in 1934. $1,235.87 in 2014

 

[Redacted]

Shotgun, Pump 12g $60 in 1934. $1,059.31 in 2014
Scope $60 in 1934. $1,059.31 in 2014
TNT, 1 stick $5 in 1934. $88.28 in 2014
Whip, Bullwhip $2 in 1934. $35.31 in 2014
Ammo, .22 caliber $.02 in 1934. $0.35 in 2014
Ammo, handgun caliber $.03 in 1934. $0.53 in 2014
Ammo, rifle $.07 in 1934. $1.24 in 2014
Ammo, shotgun $.05 in 1934. $0.88 in 2014

 

[Beowulf]

Shotgun, Pump 12g $60 in 1934. $1,059.31 in 2014
Scope $60 in 1934. $1,059.31 in 2014
TNT, 1 stick $5 in 1934. $88.28 in 2014
Whip, Bullwhip $2 in 1934. $35.31 in 2014
Ammo, .22 caliber $.02 in 1934. $0.35 in 2014
Ammo, handgun caliber $.03 in 1934. $0.53 in 2014
Ammo, rifle $.07 in 1934. $1.24 in 2014
Ammo, shotgun $.05 in 1934. $0.88 in 2014

The interesting thing is that ammo prices have actually (mostly) gone done when adjusted for inflation.

That being said, if I could get a brand new registered full auto M16 for $1000, I might be willing to drop a couple grand on a tax stamp. It beats paying $200 for a tax stamp on a $15,000 (at the cheapest) 30 year old M16 or converted AR15.

 

[Redacted]

The interesting thing is that ammo prices have actually (mostly) gone done when adjusted for inflation.

That being said, if I could get a brand new registered full auto M16 for $1000, I might be willing to drop a couple grand on a tax stamp. It beats paying $200 for a tax stamp on a $15,000 (at the cheapest) 30 year old M16 or converted AR15.

With production methods and mass producing it makes sense.

 

[Iroquois]

I did look up some info on the Internet. The list for AOW is quite long, that probably accounts for some of my confusion.
On the other hand , it seems the price for AOW was reduced at some point. Sadly, it's all academic, I can't afford the gun I want and it's illegal to modify one I own.

 

[ryknoll3]

Aow's were $200 along with all other registrations and transfers back when NFA was passed. It was dropped to $1 for transfers, then up to $5 in 1968 I believe.

 

[Beowulf]

Seems like as good as thread as any to ask this, has anyone noticed any downward tick in machinegun prices lately? With the market collapse after the buying frenzy of all semi-automatic rifles, I wasn't sure if we'd see something similar (to a less extent) among the full auto weapons that also saw a pretty hefty price increase due to the panic.

Of course, with only about 180,000 transferable guns out there, maybe the market is too small to easily correct itself.

 

[30calmachinegunner]

Not really any drop in prices, the people with money will have money to buy their toys,

 

[Beowulf]

Not really any drop in prices, the people with money will have money to buy their toys,

That was kind of my thought, plus the sellers also tend to have money and aren't necessarily selling because they need quick cash, so they can afford to stick to the higher prices longer. That being said, if the bust lasts long enough, I have to imagine even people with money may be tightening their belts a little and won't shell out $30k for a Colt M16 or $12k for an Uzi.

I guess we'll see.