Visited my range today to pick up some 22lr and to shoot my MKIV LITE. Upon conversing the used rifle/handgun showcases , that are pretty bare by the way, I noticed a used COLT M1. Price was wait for it.......$30,000. I thought this is a joke right. Turns out the rifle is " Fully Automatic " which supposedly justifies the high price tag. Most expensive firearm I've ever seen. PS - The rifle is there on consignment.