Can I borrow $36,000?

This sale is for a fully automatic, Vintage, Military grade Thompson Machine Gun. The potential buyer is required to have a Federal Firearms License and provide all ATF transfer documentation, fees, payment and associated auction documentation prior to this firearm being released by the City of Kinston.…NO EXCEPTIONS. ITEM FOR AUCTION: (1) 45 Caliber Thompson Machine Gun 1921 Overstamped 1928 with the following: (1) Type “L” 50 cartridge drum magazine, (1) 30 cartridge straight magazine, (2) 20 cartridge st

Source: Thompson Machine Gun 1921 Overstamped 1928 – GovDeals.com

Make a note, start buying lotto tickets.  At time of writing, the auction was at $35K from the starting point of $15K.

Hat Tip Joe M. via Twitter.

3 Replies to “Can I borrow $36,000?”

  1. Why the (*$%% does the buyer need a FFL? Needs a tax stamp, and possibly a sign-off by thje chief law enforcement officer. The FFL that will handle the transfer from the City of Kinston into someone’s hot, sweaty, ever loving hands needs to have an endorsement to transfer full auto firearms.

    I love it when someone either screws up on what the law is or adds some extra requirement just to make sure it never changes hands.

    And most likely when it does not sell at auction they will scrap it.

    stay safe.




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