1KPerDay
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When they had them, what was the price?
what did the CMP sell service grade 1903s for?
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alamo
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They didn't have a service grade designation when I bought my 1903A3 almost 2 & 1/2 years ago. Mine was $400. They didn't have any grades, they were all $400.
OP
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1KPerDay
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What was the condition like overall? Thanks
alamo
Member
Mine was in great condition. A good number of the 1903A3s were like that. They had apparently been refurbished. Many had new or like new barrels. Mine did too. All of them near the end were Greek returns. Those ran out and that was thought to be the last of the 1903s and 1903A3s.
Then the CMP got a bunch of former drill rifles and veteran organization returns. Most of those had a lot of blanks shot through them. I don't recall what those sold for, maybe a bit more than $400. Those were the last ones the CMP had that I recall.
Then the CMP got a bunch of former drill rifles and veteran organization returns. Most of those had a lot of blanks shot through them. I don't recall what those sold for, maybe a bit more than $400. Those were the last ones the CMP had that I recall.
Bostekrisco
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My buddy hunts with one of two his dad bought for like $15 apiece. That was back in the '60s or' early 70s though.
In 1960 money, that is $105.00 today. A good deal. Garands were advertised at the same time for $89.00. That is $626.00 in 2007 cash. Looks like your dad made and excellent return on his investment.
I have handled lots of CMP Greek 03's and A3's. In fact I have a CMP Mark I. All of them have mixed parts, some are totally refinished. Of all the A3's I have handled, all of them were reblued. I do not recall a A3 that did not have a good to like new barrel. But then, the ones I was shown were by bragging owners, maybe the bad barrels stayed in the closet.
My Mark I has the Mark I trigger, bolt stop, original barrel and original receiver finish. Nothing else is original and the barrel is a sewer pipe. But I was happy to get a Mark I with a incorrect fingergroove S stock.
You have missed getting a Springfield from the CMP. Prices are also depressed now, but do not be a fool and delay getting a good Springfield now. Hillary/Obama are not going to let anymore in and prices will rise again, and again, and again.
cracked butt
Member
An old man who I used to see at the range told me that he bought a couple of large pallets stacked 4-5' high with various 1903s in a government auction in the early 60's. I don't know of the veracity of his story, but he does have a few hundred 1903s. I think he said he and his brother bought a 2-pallet lot for under $2000.
az_imuth
Member
I ordered a 1903 in late 2002 and the price was $475 with the "C" style stock. The rifle is from Oct. 1920 with an original barrel that's in great shape. Also picked up an 03A3 from a individual that was in near new condition for the same money. It, too, was in a "C" stock and came in the CMP box with certificate and all the documentation. Both are fantastic shooters.
And, I believe SlamFire1 is correct...you better get 'em while you can.
azimuth
And, I believe SlamFire1 is correct...you better get 'em while you can.
azimuth
hanno
Member
I got 2, an 03 and an 03A3 in 2002.
The Springfield 03 was in great condition and went for $475.
The Smith-Corona 03A3 was also in great condition and went for $500.
The Springfield 03 was in great condition and went for $475.
The Smith-Corona 03A3 was also in great condition and went for $500.
uneasy_rider
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If he had invested that $89 in 1960 in the stock market and got an average annual return of a mere 7% he would double his money every 10 years, and end up now with about $2000. So its not as good of an investment as you migh think.
Kurac
Member
Um yeah, do you want to hear my stock market story, if I bought a couple of nice vintage Colt SSA's I would at least have something now.
jpwilly
Member
I just picked mine up at a gun show it's a 1930 or 31 reciever as far as I can tell rebuilt by the Augusta Arsenal in 1942.
OP
OP
1KPerDay
Member
beautiful.
Compound interest will create some funny numbers. Given enough time I will live forever and be very rich, but life does not work out that way. It is very hard to predict the future. My recollection was that the stock market was the pits till the late 80's. The WWII generation remembered the stock market crash of 1929 and the depression, they sure as heck were not putting money in the stock market.
Still, if I invested every penny I made in the stock market, I would not have any toys to play with. That's gotta be worth something.
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