I didn’t want to post anything till the M11/9 was in my grubby little hands, now it is....

You frequently hear stories of ‘great deals’ to be had.
Most of them are pipe dreams, but here’s one story that was true.

I heard about someone selling a SWD M11/9 (SMG) for $850 from a friend of a friend of a friend (yea right).
I asked my buddy to get the sellers number so I could investigate.
Turns out, the previous owner (PO) bought it back in 94’ from our local Class III dealer.
It was a local transfer on a Form 4 so I only had to pay 1 transfer tax and no dealer transfer fee’s.
The PO said he didn’t want to go through the hassle of selling online or advertising it, he only wanted a face-to-face sell.
He was told he'd get much more $$$ if he sold online.

He sold it to me for $800, which is what he paid for it back in 94' !!!!!!!!!

Purchase Price: $800 & 1ea Form-4 $200 transfer stamp (total gun price $1000)
Gun looks new and the PO said he only fired the 2 mags once, then packed it away.
It comes with 2 mags and a screw-on barrel extension.

Took 1 week to get the fingerprint cards in the mail from ATF and another week to get them back from the Sheriff’s Office.

Time Line Info:
1. NFA Item: SWD M11/9, SMG
2. Form Type: Form 4
3. Transferee Type: Individual
4. Forms Sent: 6 March 07 (Check cashed – 9 Mar 07)
5. Pending Date: Unknown
6. Approved Date: 26 Mar 07
7. Forms Received: 31 Mar 07
8. Transferror/Maker Letter: C
9. Examiner Name: Andrew Ashton

Now if I could only find a M16 being sold for 1994 prices !!!!

Linky to photo's:

http://photos.ar15.com/WS_Content/Im...alleryUnq=2564

ps - Thanks for the lead Karl, you rock!!!!