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	<title>Daily Bulletin &#187; Thompson Machine Gun</title>
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		<title>Huge Arsenal of Tommy Guns Set for Auction in St. Louis</title>
		<link>https://bulletin.accurateshooter.com/2014/06/huge-arsenal-of-tommy-guns-set-for-auction-in-st-louis/</link>
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		<pubDate>Thu, 12 Jun 2014 16:02:20 +0000</pubDate>
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				<category><![CDATA[- Videos]]></category>
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		<category><![CDATA[Class III]]></category>
		<category><![CDATA[Police Auction]]></category>
		<category><![CDATA[St. Louis]]></category>
		<category><![CDATA[Thompson Machine Gun]]></category>
		<category><![CDATA[Tommy Gun]]></category>

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		<description><![CDATA[It is an iconic American firearm design &#8212; the Thompson submachine gun, or &#8220;Tommy Gun&#8221;. Here&#8217;s your chance to add the real thing to your firearms collection. The St. Louis Metropolitan Police Department (SLPD) plans to auction off twenty-nine (29) historic Tommy Guns. These 1920s-era .45-caliber weapons have been stored in a vault for decades. [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignright" hspace="6" src="http://accurateshooter.net/Blog/tommygun02.jpg" alt="St. Louis police thompson tommy gun auction NFA sale">It is an iconic American firearm design &#8212; the <a href="http://en.wikipedia.org/wiki/Thompson_submachine_gun" target="_blank">Thompson submachine gun</a>, or &#8220;Tommy Gun&#8221;. Here&#8217;s your chance to add the real thing to your firearms collection. The St. Louis Metropolitan Police Department (SLPD) plans to auction off twenty-nine (29) historic Tommy Guns. These 1920s-era .45-caliber weapons have been stored in a vault for decades. The SLPD is selling the highly-collectible submachine guns to raise money for new service pistols for its officers. The auction will take place later this year, but no exact auction date has yet been set.</p>
<p><img src="http://accurateshooter.net/Blog/tommygun03.jpg" alt="St. Louis police thompson tommy gun auction NFA sale"></p>
<p><b>A Million Dollars Worth of Full-Auto Firepower</b><br />
The Tommy guns are expected to fetch from $15,000 to $40,000 each, putting a estimated value of the whole collection at as much as $1,000,000. According to the <a href="http://www.washingtontimes.com/news/2014/jun/2/st-louis-police-auction-1-million-tommy-guns/" target="_blank">Washington Times</a>: &#8220;The collection was appraised by a local dealer in 2012 at $770,000, but police and some collectors believe it could sell for much more. The collection includes rare 1921 and 1927 Colts and a model made in 1942.&#8221;</p>
<p>SLPD chief Sam Dotson stated: &#8220;We&#8217;re told [that] outside of the military and federal government we have the largest cache of Thompson machine guns.&#8221;</p>
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<p>Because these are fully-automatic &#8220;Class III&#8221; weapons, subject to the National Firearms Act (NFA), purchasers much fill out the proper paperwork, pass background checks, and obtain a Federal Tax stamp for each Tommy gun purchased. The SLPD expects the majority of the firearms will be purchased by wealthy collectors or museums.</p>
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