Fair market value CMP M1911???

[Bailey Guns]

^^ That's how I see it.

[Ridge]

but the CMP had to build a special storage facility to be able to get the guns. That could not have been cheap.

According to this article, it costs the Army $200k a year for the storage. It also says they'll release 10,000 a year, so 9 years of storage at $200k comes to $1.8mil. Assuming every single one of those were Rack Grade at $850 (unlikely), they are looking at $8.5 million per year, more than 5 and a half times the storage cost.

And the guys and gals that work at the CMP that will receive, check over every gun, sort, classify and catalog every serial number don't work for free.

With an estimated profit of $7 million per year, those are some highly paid folks for disassembling such a basic firearm.

[bczandm]

With 90,000 of them to be sold I don't think you will have a problem getting as many as you want.

With only 8,000 this year and 10,000 per year in future years it will have no measurable impact on the supply or availability. These will be sold out in in a day, likely in a few hours. Last year CMP had several thousand M1 Carbines to sell and all were sold out in a couple of hours. Good luck getting one, I'd bet the chances are 1 in 20 or 1 in 30 that you can get one.

[Bailey Guns]

According to this article, it costs the Army $200k a year for the storage. It also says they'll release 10,000 a year, so 9 years of storage at $200k comes to $1.8mil. Assuming every single one of those were Rack Grade at $850 (unlikely), they are looking at $8.5 million per year, more than 5 and a half times the storage cost.



With an estimated profit of $7 million per year, those are some highly paid folks for disassembling such a basic firearm.

And what about the previous 3 to 5 decades of storage and storage beyond the 9 years during which the guns will be sold? In the grand scheme, the money isn't a large amount. It's not gonna pay off the national debt and it's not gonna be an expense that's probably on anyone's radar.

[Ridge]

And what about the previous 3 to 5 decades of storage and storage beyond the 9 years during which the guns will be sold? In the grand scheme, the money isn't a large amount. It's not gonna pay off the national debt and it's not gonna be an expense that's probably on anyone's radar.

The CMP isn't paying the Army's storage fees.

[Big E3]

I will be trying for a service grade just to hand to my dad and ask him if he thinks it’s the one he carried in Italy during WWII. I want to see if his face lights up just a little, that will be worth the price I pay.

[Chaffee2]

The only thing I'm concerned about is us older farts. If my luck holds like normal I'll be in my late 60s before I get one. I've never gotten a bad rifle from the CMP and I would expect the 1911 is going to be the same.

[bczandm]

I will be trying for a service grade just to hand to my dad and ask him if he thinks it’s the one he carried in Italy during WWII. I want to see if his face lights up just a little, that will be worth the price I pay.

I bought my dad a M1 Carbine, this is his photo during WWII. In his 80's he could shoot better than I could in my 50's. The Army taught him well. Enjoy your dad while you can, my is gone and we sure do miss him!

[Bailey Guns]

The CMP isn't paying the Army's storage fees.

Well that's what you're comparing to the total yearly sales price. Regardless, we're talking about cost to taxpayers. Taxpayers either pay to continue to store them indefinitely or the CMP sells them and makes a small profit. Obviously the smart thing to do from a financial standpoint is sell them.

[spqrzilla]

The CMP is doling these out to get funding for their actual mission going forward, especially since their stock of M1 Garands is getting thin.

But if anyone truly thinks that these are not "market value", then they should find someone to cover a bet that the pistols don't sell out.

If anyone was really confident in such a bold opinion....