What that means is that there is essentially no crime committed by individuals owning machine guns. Since 1934, only two homocides have been linked to legally owned machine gun, and one was committed by a law enforcement officer, as opposed to a civilian (Zawitz, Marianne,Bureau of Justice Statistics, Guns Used in Crime). About half are owned by civilians and the other half by government agencies. As of 1995, there were over 240,000 machine guns registered by the BATFE nationwide.

However, legal machine guns are never misused. Machine guns are an investment you can cherish, enjoy shooting, and pass on to future generations.ДЄrenвЂ™t these guns dangerous? Well, like any firearm, they can be misused. In hard times, they may even be worth more. Unlike stock, bonds, and mutual funds itвЂ™s highly unlikely that it will ever be worthless. For instance, a transferable MP5 might sell for $15,000 now, they typically sold for $5000 or less ten years ago. The supply of вЂtransferableвЂ™ machineguns is fixed by the 1986 ban, and the demand by people who want to own and shoot them is steadily increasing. So, how can machineguns be a great investment? ItвЂ™s as simple as supply and demand. These machine guns are commonly called вЂњtransferables.вЂќ There is, however, over a quarter million existing вЂњpre-MayвЂќ machineguns that are perfectly legal to purchase.

Any guns manufactured and registered with BATFE after May of 1986 cannot be sold or possessed by individual citizens. This law banned the manufacture, import, and sale of new machineguns to civilians. (Sounds like a good thing, right?) Wrong. The reason for this is that in 1986, Congress passed the Firearms OwnerвЂ™s Protection Act.

In fact, macihineguns are a very wise and lucrative investment. There is no blanket law that prevent private ownership of machineguns. Machineguns are certainly the most fun and most collectible firearms you can own. In most states, if you qualify to own a handgun, you are qualified to own a machinegun. Unless you live in one of the few states that prohibit machineguns (listed below) or are a convicted felon you can legally own a fully automatic machine gun. Article: 'So You Want to Buy a Transferable Machine Gun.'

Pre 1986 pkm machine guns for sale