What is my Tommy Gun Worth?
What is my Tommy Gun Worth?
Why do Gun Owners Like Tommy Guns?
The Thompson, AKA “Tommy Gun,” is one of the most recognizable firearms ever produced. Made famous by gangland hoodlums and the G-Men that pursued them, its status as the gun that defined an era of outlaws and gangland activity perpetuates to this day.
Many say this was the gun that made the twenties roar; it was used in the St. Valentines day massacre, which was authorized by famous Chicago mobster Al Capone, allowed for successful bank robberies by Public Enemy John Dillinger and assisted U.S. armed forces during World War II, the Korean War and other conflicts around the world. Because of its popularity in film, video games and TV along with its use from infamous criminals, law enforcement and militaries, it is a highly sought after gun by many. It has numerous variants and different variables that give a wide range of value. Authentic, fully automatic Thompson machine-guns can fetch tens of thousands of dollars if functioning, in good condition and true to the period. It does require a buyer to have an ATF class III license to own.
However, there are variants produced by the original company, Auto-Ordnance, that any civilian can purchase without additional special licenses. These are semi-automatic carbines that fire .45 ACP cartridges, just like the original gun, but most variants have a longer barrel to comply with ATF federal regulations.
How to Determine the Value of my Gun?
For the new variants, many factors come into play to determine their value. A major factor on determining value comes from the condition of the gun. If it is in mint condition with little finish wear from handling, the gun can retain a good portion of its retail value. If more usage is apparent and the gun has scuffs, dents or scratches on the wood stock, the value will lower with each imperfection. Same goes with the metal parts, the more scratches and faded bluing finish that becomes present on the gun from handling and usage can greatly diminish its value. The takeaway is that as the condition of the firearm worsens, the less it will be worth when re-sold. Some Tommy guns have a fixed stock and other deluxe models have a stock that is removable, which can increase the value compared to fixed stock models. Another factor that contributes to a re-sale value is what accessories comes with the gun. Depending on the amount of magazines, their capacity and if it comes with all original packaging/case and accessories, the re-sale value can increase from 10 – 20 percent depending on the specific model.
Sell it Now with CashMyGuns.com
All that is needed to make an offer on firearms is a few pictures representative of the gun’s condition and a brief description of the specific make, model and caliber to give an accurate offer. With CashMyGuns.com, we cover shipping, transfer fees, insurance and all other associated costs buying from customers who use our service. We work hard to analyze market trends and provide fair and honest prices to our customers using our service. Additionally, we help customers every step of the way by keeping constant communication and work hard to pay our customers in lightning speed to provide excellent customer service.
To see what we can offer on your Thompson, Click here to get the process started