To buy or not to buy? Colt sp1 1968

[nra4ever]

I have a chance to purchase a new in box colt sp1 never fired 1968. Has sling scope bayonet all in new unused condition.

The question is would this be worth buying and for what reason. It is not really my thing to collect. I'm a modern battle rifle collector generally. Why buy 1968 when I can have 2013. Not a sexy gun to me.

Help me see the beauty in the beast.

Just looking for some thoughts from those in the know.

Thanks

 

[Mosinguy]

What is the price on it? Depending on the price you could buy it and sell to a collector to get what you want.

 

[nra4ever]

It is probably priced correctly. It is no bargain for sure. I just don't know if these guns have some advantage over new ones.

 

[Sainte]

For cool factor sure but the platform has evolved into a way better shooter

 

[Cowboy71]

My AR is actually a 1968 SP1 and I'm trying to decide whether to sell it in it's original configuration with the 20" upper and fixed stock or leave it with the carbine upper I've had on it. I don't know how much value the original gun would be as a collector's item.

 

[Colt556]

Why buy it if it's not your thing?

 

[Clay]

thats something geared more towards a collector. It will be worth more to someone in unfired condition.

 

[nra4ever]

Well as I stated I am a collector. I usually collected because I like the gun or there is a good cost to value ratio.

I have many guns that are not modern battle rifles but I made the decision to purchase those guns anyway. Like everything else in this life its all about the money. Would his be a possible good investment or not. Or if there is something special about these guns that make them more valuable.

 

[citizenkane]

To me it depends on price. SP1's were selling as low as $850 to $950 not too long ago(pre panic). If I could get an early one from the sixties in that price or just a bit more I'd jump on it. If its $2000 like most are priced at I would pass. It's a small market. Guys want new features. Collectors probably already have one.

 

[Colt556]

To me it depends on price. SP1's were selling as low as $850 to $950 not too long ago(pre panic). If I could get an early one from the sixties in that price or just a bit more I'd jump on it. If its $2000 like most are priced at I would pass. It's a small market. Guys want new features. Collectors probably already have one.

Pretty good advice. I have noticed a trend towards the "Retro Rifle" as of late. I recently built a Retro Carbine with the short triangular hand guards and collapsible stock. There is a following for such rifles and if the price is right you might be alright but if it's like most prices now I'd pass.

 

[Brent Barnes]

AR SP1

For me it's a collector, nostalgia thing. I bought a 1981 SP1 model just because i played Army with one in 1792.

 

[Brent Barnes]

AR SP1

For me it's a collector, nostalgia thing. I bought a 1981 SP1 model just because i played Army with one in 1972.

 

[223 Gunner]

I would buy it for $1000 or less. If it is more than $1000 I would pass on it. I would feel better about it at $800.

 

[pmorriso]

Pre-panic prices it would be worth it to collect. I wouldn't buy one at $2000 to collect. I'd rather buy something else. To each there own though.

 

[KJQ6945]

The only real advantage to the SP1 is the bolt carrier group. If you have a registered lightning link it's the one you need. Other than that, they're just cool retro guns. If the price is right, would make a nice safe queen.

 

[nra4ever]

Thanks for all the comments! Based on the info I'm going to pass.

 

[Cowboy71]

Thanks for all the comments! Based on the info I'm going to pass.

Do you mind letting us know what the price was on this one you're passing on?

 

[LD36]

Why buy it if it's not your thing?

I second that

 

[curraheeguns]

I wouldn't buy a SP1 as a collector unless it was at minimum a 4 digit serial number. 3 would be much better. I passed up a 3 digit at a gunshow once for $1500 and have kicked myself every since.

I SBR'd my SP1 and put an original XM177 upper on it and an original NFA Colt Moderator. It's hella-cool and fun to shoot.

 

[nra4ever]

It was $2500. Looking at 50 bmg now. Not sure how many digits The serial was.