St. Louis PD selling off 27 Colt Thompson SMG's

Discussion in 'In the News' started by UtiPossidetis, Jun 1, 2017.

  1. UtiPossidetis

    UtiPossidetis American

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    The St. Louis Police Department is selling off a $1.2 million stash of firearms, including 27 Thompson submachine guns, to help fund the purchase of new Beretta pistols and AR-15 rifles for officers, the St. Louis Post-Dispatch reports.

    A Class III dealer is paying $22K each for the Thompsons. The department's collection also includes some rare Colts.

    An article in the St. Louis Times-Dispatch says the police department originally paid $125 for each Thompson.

    Here are a couple of photos of some of the Thompsons that'll be sold. They've been stored in the basement for sixty years! Who knows what sort of history those guns have!

    [​IMG][​IMG]

    As I read the original article something occurred to me: Those weapons are probably second only to Chicago and FBI Thompson's for potential rich provenance. The broker is quoted as saying he found the original purchase paperwork on the Thomsons ($175 each in the 1920s BTW). They are also buying 1,748 Beretta handguns for about $221 apiece.
     
  2. Fallschirmjäger

    Fallschirmjäger I watch the watchers

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    Buy 'em cheap and stack 'em deep, it's only taxpayer money.

    Would be nice to see them in the people's hands again, though.
     

  3. atlsrt44

    atlsrt44 Well-Known Member

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    Only god knows if they are still even operational
     
  4. UtiPossidetis

    UtiPossidetis American

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    They are according to sources on other sites who have contacted the auction house.
     
  5. moe mensale

    moe mensale Well-Known Member

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    Such happens when you artificially depress the supply of an item. I wonder what the street prices will be when these finally get released to the public?