Morphy's Final Prices Fall 2019: Simply Sumptuous Subguns

Published on November 5, 2019
Duration: 8:49

This entry details auction results from Morphy's Fall 2019 sale, featuring a variety of rare and collectible firearms, primarily submachine guns. Expert Ian McCollum provides analysis on pricing, rarity, and NFA classifications. Key items include the Ultimax MkIII, MP-40/I, and various transferable machine guns, offering insights into the current market for these specialized firearms.

Quick Summary

Expert Ian McCollum reviewed Morphy's Fall 2019 auction results, highlighting significant sales of rare firearms. The MP-40/I with a double magazine housing achieved $102,000, while a pre-sample Ultimax MkIII sold for $55,350. The auction showcased various NFA-regulated items, including transferable machine guns and a Destructive Device (Striker-12).

Chapters

  1. 00:00Introduction and Ultimax MkIII
  2. 00:36Turkish Vickers and Villar Perosa
  3. 01:34Japanese Training MG and Australian SMGs
  4. 02:50UD-42, Osorio, and MP-40/I
  5. 04:05M2 SMG and European Subguns
  6. 05:45McClean, Striker-12, and Handguns
  7. 07:25CIA Deer Gun and Antiques

Frequently Asked Questions

What were some of the highest-priced firearms at Morphy's Fall 2019 auction?

The MP-40/I with a double magazine housing sold for $102,000. A rare Ultimax MkIII pre-sample machine gun fetched $55,350, and an American M2 submachine gun sold for $55,275. Other notable sales included a Villar Perosa for $52,275.

What is the difference between a pre-sample and a transferable machine gun?

A pre-sample machine gun was manufactured before May 19, 1986, and is registered but not transferable to the public. A transferable machine gun, also manufactured before May 19, 1986, can be legally acquired by qualified individuals after background checks and paying a $200 tax stamp.

How did unique features affect auction prices for machine guns?

Unique features significantly increased prices. The MP-40/I, notable for its double magazine housing, sold for $102,000, far exceeding the prices of more standard transferable models like the UD-42 ($21,000) or M2 SMG ($55,275).

What NFA classifications were represented in the auction?

The auction featured various NFA items, including pre-sample machine guns (Ultimax MkIII, Owen), transferable machine guns (Vickers, MP-40/I, M2 SMG), and a Destructive Device (Striker-12).

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