SOLD
Winning Bid Undisclosed
This item SOLD at 2013 Sep 29 @ 13:05UTC-7 : PDT/MST
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Early model full-auto sub-machine gun with 12" finned barrel. Blued finish with plain walnut removable butt stock pistol grip and forward grip. Steel butt plate, flip up rear aperture sight and single/full auto selector switch. This is a 1921 model with a 1928 overstamp. Military style muzzle-break and front sight added when back at factory. This gun was purchased by Potter county sheriffs office in Amarillo, TX in April of 1922 for a sum of $38.25 where it remained in service and used by deputies until 1983. Fully documented since original purchase and documents include: original sales order, original manual for 1921 and 1928 model, late 1930's photo of deputies, 30 years of documentation for deputy John Brown including his badge and patches. This gun is featured in the spring 2008 Rampant Colt magazine, the book "Thompson: The American Legend" by Tracie L. Hill on page 531, and "Colt Thompson Serial Numbers" by Gordon Herigstad section 1200-1299 page 24. Also well known among collectors as this was in the David Tate collection. Also included is a period correct F.B.I black hard carry case, 50 round drum mag, 4 20 round stick mags, original oiler and cleaning rod. Also included is an auto ordinance 1911 single action semi auto pistol special ordered to be serial numbered to the sub machine gun. Includes Colt collector banner, and clear plexiglass display box. David Tate is known among collectors for his impeccable taste in collecting firearms. Everything is in very good or better condition.
Auction Location:
3525 S. Hwy 69/ mailing P.O. Box 789, Humboldt, Arizona, 86329, United States
Tax Details:
All Arizona residents pay sales tax of 8.356% otherwise if you come to the auction you must pay the sales tax as well.
Taxes:
| Tax | Rate | Desc. |
| AZ |
8.356% |
Arizona Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
17% |
Additional Fees:
Shipping Details:
Shipping is the responsibility of the Buyer and the Buyer must make all ‘Shipping or Delivery’ arrangements on
large items which may include calling a freight company. We ship exclusively with FEDERAL EXPRESS. Smalls will be packed and shipped by us at the buyer’s expense. Small crated items, by us, will be quoted prior to crating & shipping. Shipping charges other than exact costs INCLUDE: (1)$5.00 handling fee for each box required for packing,(2)Insurance is the responsibility of the buyer and is required for all packages (no exceptions), AND
(3)All ‘Rifles’ valued more than $500.00 will be shipped in a black carrying case for protection at BUYERS expense
of $20.00 per case.
Payment Details:
Payment Details: Customers should call Reata Pass after the auction with credit card information for all purchases. Then shipping will be charged to the card when it ships. Any other arrangements must be made prior to auction.
Accepted Payment Methods:
- VISA
- Master Card
- Discover
1. All items are offered for sale ‘AS IS’, ‘WHERE IS’, and no special warranty or guarantee is made or implied as to
condition, authenticity or era of any described item. THE AUCTIONEER OR AUCTION HOUSE ASSUMES NO LIABILITY FOR BREAKAGE OR DAMAGE AFTER THE FALL OF THE GAVEL. THE ACCEPTANCE OF A BID BY THE AUCTIONEER CONSTITUTES A LEGAL AND BINDING CONTRACT WITH THE BUYER AND ACCEPTANCE OF THE TERMS AND CONDITIONS OF SALE UNDER ARIZONA STATE LAW. All items are offered for sale to the highest bidder and the bidders must establish to there own satisfaction the authenticity and condition before bidding. All items offered for sale are by auction only and there are no presales. We have a responsibility to our consignors; therefore, there will be no sales after the said auction. The Auctioneer or Auction House assumes no responsibility for error in the catalog, advertising, or on the part of the bidder. ALL SALES ARE FINAL, NO REFUNDS, NO EXCEPTIONS.
2. Arizona Sales Tax is payable by all buyers liable to tax. All Dealers must provide a valid resale number upon
registration and fill out Arizona Resale Card prior to bidding for Tax Exempt Status.
3. All bids are per number in the catalog and all items will be sold in numerical order only. AUCTION HOUSE reserves
the right to withdraw any item or lot prior to sale. Absolutely no lots will be broken apart. The highest bidder will prevail. The Auctioneer will regulate the bidding and reserves the right to refuse any bid not believed to be in good faith. Should any disputes arise between bidders, the decision of the Auctioneer in the exercise of judgment
as to the successful bidder will be final. Additionally, the Auctioneer may re-offer or resell any lot in dispute.
4. Auction sales are strictly for cash, cashier’s check, or personal check with prior approval, Visa, Master Card,
Discover Card, ATM or Debit Card. All Sales are final at the fall of the Auctioneers gavel. A Buyers Premium will be charged on all sales. There will be a $75.00 fee for all returned checks. All checks over $5,000 must be pre- approved. All ‘INTERNET’ bidders must pay by Credit Card.
5. All items purchased by the successful bidder must be paid for on the day of sale unless previous arrangements
are made prior to the sale. Purchases not paid within 14 days of final sale date will be charged a 5% Late Charge,
all accounts past due will accrue interest at the rate of 1.5% per month on the unpaid balance and compounded
monthly. Items purchased must be removed on the day of sale unless other arrangements have been made. Storage will
be provided at no charge for 14 days following the sale date and then at a rate of $5.00 per item per day unless
prior arrangements have been made.
6. Shipping is the responsibility of the Buyer and the Buyer must make all ‘Shipping or Delivery’ arrangements on
large items which may include calling a freight company. We ship exclusively with FEDERAL EXPRESS. Smalls will be packed and shipped by us at the buyer’s expense. Small crated items, by us, will be quoted prior to crating & shipping. Shipping charges other than exact costs INCLUDE: (1)$5.00 handling fee for each box required for packing,(2)Insurance is the responsibility of the buyer and is required for all packages (no exceptions), AND
(3)All ‘Rifles’ valued more than $500.00 will be shipped in a black carrying case for protection at BUYERS expense
of $20.00 per case.
7. All Post 1898 firearms are required to be registered in compliance with Local, Federal, and State Laws. Out of
State Buyers must supply a current Dealers Federal Firearms License to the Auction House prior to shipping. It is
the BUYERS responsibility to know their own State and Local Firearm requirements.
If for any reason a buyer is DENIED firearm approval from the FBI Background Check, after filling out the ATF Form
4473, or if buyer is suspected of making a ‘STRAW PURCHASE’, he MUST Reconsign the firearm to the next auction.
No Guarantee as to the operation or firing condition of any weapon offered for sale is made by the Auctioneer,
The Auction Company, or any Affiliates thereof. It is recommended that all weapons purchased at auction be checked
out by a competent gunsmith prior to firing them.
WE WILL NOT, UNDER ANY CIRCUMSTANCES, BREAK ‘FFL OR ANY OTHER LAW REQUIREMENTS’ FOR ANYONE.
8. Class III designated firearms must be registered in compliance with the NFA registry. A $200 federal tax
payment is required each time a functional NFA firearm is transferred ‘to or from’ a private owner. This fee, as
well as full payment, is due at time of purchase in order to process the paperwork. The new owner will be required
to complete 3 forms: (1)ATF Form 4, (2)Fingerprint card, and (3)ATF Form 5330.20 Certificate of Compliance.
These forms will be provided to you by the Auction House. Chief Law Enforcement of purchaser’s municipality
signature required on ATF Form 4. Note: If state of local law requires a permit or license to purchase, possess,
or receive NFA firearms, a copy of the transferee’s (buyer) permit or license must accompany the application. The
buyer then mails the paperwork for the Federal Transfer Tax to BATFE. The Auction house will receive back one of
the Form 4’s (they are sent in duplicate) with a Federal Tax Stamp attached to it. This is given to the new owner
when he/she picks up the NFA firearm. No further tax is due. The following states do not allow individuals to own
machine guns: California, Hawaii, Illinois, Iowa, Kansas, Maine, Michigan, Mississippi, New Jersey, and New York,
Rhode Island. SPECIAL NOTE: If you are an SOT (Special Occupation Tax) payer (Class III dealer) you are able to
transfer functional NFA firearms to or from other SOT payers and government agencies with BATFE approval, but
without having to pay a transfer tax. All funds will be kept in an Escrow Account until physical transfer of
firearm takes place.
9. Consignors are not allowed to bid on their own merchandise nor have any agent bid on their behalf. If the
Auctioneer recognizes such bidding or is advised of the same, he may withdraw any or all lots consigned by the
offender and will publicly recognize that consignor.