Leatherneck

[4F4Nam]

We have a friend, a Korea era Gyrene, who has ask me the value of his H&R Model 165 Leatherneck rifle. I must admit to being somewhat befuddled on this. I cannot find any for sale on the 3 main auction sites, and my 4 year old Blue Book only gives a top price of $125. The rifle is in above average condition with the Redfield receiver sight.
I just feel that it should be worth a little more than what the book shows, in the real world.
Hope those of you here with some experience with the 165 can help us out.
I am thanking you in advance!

Ed

[n64atlas]

The 165 was made from late 1945-around 1947. It was a rifle made to be sold to the public. The model 65 was the trainer. As such, it doesn't have the same collector value, the M65 or the the later MC 58 has. Most will sell in the $200-$300 range depending on condition and if someone wants it. I just got one in trade for a 10/22. I collect the Reising designed firearms. In this pic, the top two are M65's. The second M65 was from the Jeff Reising estate. Jeff was the great nepheu of Eugene Reising, the designer of these rifles. The third is a 165 and the bottom is a 150 delux. The 150 and 151 were called Leathernecks also.
http://img.photobucket.com/albums/0603/n64atlas/016_zpse33a072e.jpg

[4F4Nam]

Very helpful, and I thank you. Yes, I did see that the Model 65 seemed to list at a much higher price than the 165. Thanks for the clarification. I felt like I should tell the man he shoul be able to get $200 for his gun, but was not sure.
BTW, Nice rack!

Ed

[n64atlas]

I also have a 1920's Reising "Its a Bear" 22lr standard veloity only, pistol and a M50 Reising sub-machinegun.
http://img.photobucket.com/albums/0603/n64atlas/146.jpg

http://img.photobucket.com/albums/0603/n64atlas/reisinrgm50_zpsf31749d9.jpg

[4F4Nam]

Sweet! And wasn't there a semi-auto rim-fire carbine as well?

Ed

[da gimp]

I have heard of a centerfire semi auto carbine in .45ACP, but never saw or handled one...

Col Geo. Miner had one of the Leatherneck .22's.... he set great store by it.......

[n64atlas]

The semi-auto 45acp is the M60 H&R Reising. It has a longer barrel and is a standard firearm, not NFA. There is also the M55 sub-gun with folding stock. They even made a 22mag version in the 70's and 80's. I've been ooking for one of those to add to the collection.

[Darreld Walton]

I've two 165's in the closet, two with plain stocks, one in a bit 'fancier' stock with checkering on forearm and grip that I gave to my son. All had the Redfield rear sight mounted, none had the winged front sight of the 65, nor the trigger guard safety. Prices were $175 for the plain guns, and $195 for the spiffed-up job. I must've cornered the market around here, haven't seen another one out of captivity for five or six years here in S E Idaho, Western Wyoming, Montana, or Utah, though I'm sure some must exist. Only other similar rifles are 65's that came from the CMP in the last several years, and those fella's are trying to scalp them for more than what they paid...

[n64atlas]

The ones theCMP have, re the MC58's. These are very rare. They auction them off and they get market value. They sometimes bring more, as
the CMP is more than a place to buy US military rifles. The CMP sponcers shooting events and clinics for young shooters. Also holds the National Matches.
I'm sure that yo will want market vle for your firearms when it comes time to sell them, not ust wht you paid for them. This is what we do in the USA.They have
a finite suppy of firearms to sell. Once those are gone, they will only have donations to survive on. Don't begruge them for trying to keep aflote.

[Herschel]

I believe Darreld's comment about scalping was referring to those who buy items from CMP and try to resell them at a profit.

[n64atlas]

Still, market value is what people will pay. We all know that you are not supposed to re-sell CMP firearms. CMP can only stop you
from buying more if they chose to do so. Once CMP has sold out of that item, the prices will rise if there is a demand. The only M65's
I've seen CMP sell, were actioned. They might have had a few before I started buying from them. I paid $500 for my first M65. It is a low
serial number rifle. The one from Jeff Reising's estate was a little under $500 due to it being drilled and tapped for a side mount scope. Prices
are not that much higher now. The MC-58's cost a lot more than the M65. They will bring $1200+ and have been at that price for several years.
I have only seen these on auction on the CMP site. Most were new in box rifles. I don't see anyone scalping these on Gunbroker ect. They may ask
high prices, but most M65 sell in the $500 range. The MC58's will be in the $1200 range mentioned above. All the rest of the series, M165,150 and 151
will be less.

[Johnny in Texas]

I saw some cool Reising stuff on Gunbroker today.

I thought the myth that you are not supposed to resell CMP rifles and parts had ended, just go to any gun show they would be boring if there was not CMP stuff for sale there. If the CMP did not want the rifles resold they would raise the prices. I would bet that 30 to 50 % gets resold within 2 years of purchase to finance more CMP purchases of other firearms purchases. It is the American Way after all.

[n64atlas]

in the paper work you sign when you buy from the CMP, it says you can't sell it right away. I believe it is still in the agreement you sign, to become a CMP member.
You are right though, the US is based on :buy low sell high.