1968 gun ban..

by **Beladran** on Thu Dec 22, 2011 1:19 pm

what would happen if the 1968 gun ban was lifted and allowed people to buy NEW select fire weapons??

I have "heard" that of the 500,000 licensed pre 68 machine guns ZERO of which have ever been used in a violent crime. I know some collectors would be pissed that their $80,000 full auto is now worth a fraction of that price

by DBChaffin on Thu Dec 22, 2011 1:52 pm

In Gary Kleck's book, "Targeting Guns: Firearms and Their Control" (printed in 1997), the author cites to two homicides committed with legally owned automatic weapons. I think one was a murder committed by a law enforcement officer who killed an informant with a legal Mac-11. Kleck also says the a former director of the ATF testified before Congress that he knew of less than ten crimes committed with legally owned full autos. No time period was specified or details given though. Kleck suggests that these crimes could have included simple regulation violations, like failing to notify the ATF after moving between states, etc.

The incidence of crime with illegal full autos is also quote low compared to general gun crime.

You have to be very careful with this argument though, because if you examine the numbers it could be argued that they suggest "registration" works and should be implemented across the board...

by jakeg823 on Thu Dec 22, 2011 1:52 pm

I'd be super happy ha

by **Beladran** on Thu Dec 22, 2011 2:00 pm

I still agree with filling out the paperwork just wish they would lift the year restrictions : (

by PhillipM on Thu Dec 22, 2011 2:42 pm

Beladran wrote:what would happen if the 1968 gun ban was lifted and allowed people to buy NEW select fire weapons??

I have "heard" that of the 500,000 licensed pre 68 machine guns ZERO of which have ever been used in a violent crime. I know some collectors would be pissed that their $80,000 full auto is now worth a fraction of that price

It was the Firearm Owners Protection Act of 1986, not 1968.

Machine Gun Ban: The Hughes Amendment

As debate for FOPA was in its final stages in the House before moving on to the Senate, Rep. William J. Hughes (D-N.J.) proposed several amendments including House Amendment 777 to H.R. 4332 [4] that would ban a civilian from ownership or transfer rights of any fully automatic weapon which was not registered as of May 19, 1986. The amendment also held that any such weapon manufactured and registered before the May 19 cutoff date could still be legally owned and transferred by civilians.
In the morning hours of April 10, 1986, the House held recorded votes on three amendments to FOPA in Record Vote No's 72, 73, and 74. Recorded Vote 72 was on H.AMDT. 776, an amendment to H.AMDT 770 involving the interstate sale of handguns; while Recorded Vote 74 was on H.AMDT 770, involving primarily the easing of interstate sales and the safe passage provision. Recorded Vote 74 was the controversial Hughes Amendment that called for the banning of machine guns. Rep. Charles Rangel (D-N.Y.), at the time presiding as Chairman over the proceedings, claimed that the "amendment in the nature of a substitute, as amended, was agreed to." However, after the voice vote on the Hughes Amendment, Rep. Charles Rangel (D-N.Y.) ignored a plea to take a recorded vote and moved on to Recorded Vote 74 where the Hughes Amendment failed.[5][6] The bill, H.R. 4332, as a whole passed in Record Vote No: 75 on a motion to recommit. Despite the controversial amendment, the Senate, in S.B. 49, adopted H.R. 4332 as an amendment to the final bill. The bill was subsequently passed and signed on May 19, 1986 by President Ronald Reagan to become Public Law 99-308, the Firearms Owners' Protection Act.

http://en.wikipedia.org/wiki/Firearm_Owners_Protection_Act

by mascott on Thu Dec 22, 2011 3:09 pm

What would happen? I would buy several for my own collection, and grin from ear to ear every time I got near one.

by **Beladran** on Thu Dec 22, 2011 3:15 pm

Ooops minor typo

by ruger22com on Thu Dec 22, 2011 3:19 pm

I myself would be very displeased seeing my subgun value drop 80%

by Stumpbud on Thu Dec 22, 2011 5:07 pm

I would be happy if we could buy new NFA guns just because the low number of used ones on the market now.

by jakeg823 on Thu Dec 22, 2011 5:41 pm

ruger22com wrote:I myself would be very pissed seeing my subgun value drop 80%

I don't blame you but for those of us who can't afford to drop that kind of dough on a gun it would be a great opportunity. Of course then ammo costs go up with each squeeze of the trigger.

Think about how the folks who freaked out during the initial 6 month or so period after Obama was first elected. They bought those over priced ARs like they were going out of style! Bet a lot of folks felt pretty ridiculous after the initial scare was over. Of course there's still time

by PhillipM on Thu Dec 22, 2011 6:48 pm

Beladran wrote:Ooops minor typo

You need to 86 the 68... Cool double entendre, eh?

by SubGunFan on Thu Dec 22, 2011 7:45 pm

1934 started the $200 tax. Uncle Sam thought that amount would keep almost everyone from buying a $50 full-auto. There was a grace period (no $200 tax) in 1968 in an attempt to get all the war trophies (bring backs) on the ATF books. The dreaded year of 1986 was when the ax fell, cutting off the sale to average Joes of newly made FAs. Thus setting the supply at a fixed number. Econ 101: When the supply is fixed and the demand rises..... higher prices.

I am not sure what qualifies as a pre-86 dealer sample. It might be the FAs that didn't make the 1968 grace period.

.

by cottonmouth on Thu Dec 22, 2011 7:51 pm

The price of ammo and loading supplies would go up!

J.B.

by sidroski on Thu Dec 22, 2011 8:06 pm

Would be nice. Early 80's, dealer at a gun show wanted to trade an MP5 for my watch. Didn't know enough about them so I passed. Now his MP5 is worth 20k easy and my watch 2k maybe. I'd buy one or two for the fun of it if you could get a quality M4 for somewhere around $1k. It'd take time but the market would eventually level out at the price of a quality base AR.

by kaferhaus on Fri Dec 23, 2011 7:05 am

I feel your pain. I sold a M2 Carbine for $650 in 1984. but bought a M16A1 for 900 on the same day!

I turned down 12K on the 16 just 2 months ago

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