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  • Auction Catalog #4093
  • Lot #1353
Lot #1352
Lot #1354

Lot 1353: Daewoo Marked "Maremount" M60, Class III/NFA Fully Transferable

Scarce and Unusual Daewoo Marked "Maremount" M60 General Purpose Machine Gun, Class III/NFA Fully Transferable Machine Gun, with Case

Auction Location: Bedford, TX

Auction Date: December 7, 2024

Lot 1353: Daewoo Marked "Maremount" M60, Class III/NFA Fully Transferable

Scarce and Unusual Daewoo Marked "Maremount" M60 General Purpose Machine Gun, Class III/NFA Fully Transferable Machine Gun, with Case

Auction Location: Bedford, TX

Auction Date: December 7, 2024

Estimated Price: $50,000 - $75,000
Price Realized:
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Scarce and Unusual Daewoo Marked "Maremount" M60 General Purpose Machine Gun, Class III/NFA Fully Transferable Machine Gun, with Case

Manufacturer: Saco Defense, Inc.
Model: M60
Type: Machine gun
Gauge: 7.62 mm
Barrel: 24 inch round
Finish: matte black phosphate
Grip:
Stock: synthetic
Item Views: 4022
Item Interest: Very Active
Serial Number:
Catalog Page: 306
Class: Class III
Bore Condition: Bright overall, with minor spotting and strong rifling.
Description:

Developed in the late 1950s, the M60 was designed as a general-purpose machine gun (GPMG), a single weapon to replace as many different .30 caliber machine guns in the Army inventory as possible. The M60 was deployed as the chief infantry machine gun for Vietnam, along with a variety of air, ground, and water vehicle mountings. While other designs started to fill the infantry niche from the 80s onward, the M60 is still a frontline automatic weapon with American and allied armed forces. While most famous as America's go-to machine gun, other nations adopted it as well, with South Korea known to have operated the M60 from about 1974 until 1989. While Saco/General Dynamics is known to have made M60s for Korea, the trunnion markings on this example mark it out as having been manufactured by Korean conglomerate Daewoo. It is also serial number "MOCK-M6-1" suggesting it was the first made by Daewoo, possibly as a production prototype. The circumstances behind this Daewoo-marked M60 being in the United States are unknown; no import mark is visible, and the tax stamp paperwork records a manufacturer of "Maremount"(sic) of "Saco, NE"(sic). The barrel is equipped with a fixed blade front sight, elongated bird cage flash hider, and swiveling bipod. The receiver trunnion is fitted with the quick release hardware for the barrel, manufacturer's marks, serial number and folding ladder rear sight. Fitted with a ventilated barrel shroud, ribbed forearm and pistol grip, and a plastic buttstock with a flip-up shoulder rest. Included with the lot is a Pelican case.

Rating Definition:

Excellent, with 97% of the original matte black phosphate finish, showing mild wear and handling marks overall, and some minor scuffing on the furniture. Mechanically excellent. The consignor indicated this weapon has never been fired. NOTE: This weapon is a National Firearms Act (NFA), fully transferable Class 3, which is registered with the Bureau of Alcohol, Tobacco, Firearms and Explosives, (BATFE) under the provisions of 18 U.S.C. Chapter 44 and 27 CFR part 479.



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