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  • Auction Catalog #4093
  • Lot #3370
Lot #3369
Lot #3371

Lot 3370: Colt Thompson 1921, Class III/NFA C&R Fully Transferable MG

Excellent Documented Law Enforcement Colt Thompson Model 1921 Submachine Gun, Class III/NFA C&R Fully Transferable Machine Gun

Auction Location: Bedford, TX

Auction Date: December 8, 2024

Lot 3370: Colt Thompson 1921, Class III/NFA C&R Fully Transferable MG

Excellent Documented Law Enforcement Colt Thompson Model 1921 Submachine Gun, Class III/NFA C&R Fully Transferable Machine Gun

Auction Location: Bedford, TX

Auction Date: December 8, 2024

Estimated Price: $35,000 - $47,500
Price Realized:
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Excellent Documented Law Enforcement Colt Thompson Model 1921 Submachine Gun, Class III/NFA C&R Fully Transferable Machine Gun

Manufacturer: Colt
Model: 1921
Type: Machine gun
Gauge: 45 ACP
Barrel: 10 1/2 inch fluted
Finish: blue
Grip:
Stock: walnut
Item Views: 3155
Item Interest: Very Active
Serial Number:
Catalog Page: 260
Class: Class III
Bore Condition: Bright with strong rifling.
Description:

One of the most famous submachine guns in the world, the Thompson SMG rates as one of the truly signature American weapons. While advancements in manufacturing techniques and materials would allow later designs to match or exceed the Thompson's performance, none of them have managed to do the job with the same level of style and craftsmanship. The Thompson, a product of old-school hand craftsmanship, is virtually synonymous with the Roaring 20s and the Great Depression, being found on both sides of the law during the "gangland" era of American history, and also serving on all Allied fronts of World War II, where it stood tall among its more cost-effective stamped steel substitutes. The records in Herigstad's "Colt Thompson Submachine Gun" (page 792) show this 1921 as having been shipped in "1921AC" configuration as a single item to the Police Department of Mattoon, Illinois, on March 22, 1930. Located in Eastern Illinois, Mattoon was the location of a mild oil boom in the 1940s, along with the unsolved "Mad Gasser" incident of 1944, where it was believed a criminal armed with anesthetic gas was attempting to break into occupied homes; a gas-armed crook was never caught, and theories include mass hysteria or supernatural/alien interference. Blade front sight on the unmarked Cutts compensator and folding Lyman rear sights, standard 1921 nomenclature and markings on the receiver, with the matching numbered trigger housing fitted with knurled control surfaces and proper "FULL/AUTO"/"SINGLE" and "FIRE"/"SAFE" switch configuration. Internals are proper 1921 pattern, with Blish lock mechanism, heavyweight recoil spring, and spring steel oiler. With dual pistol grips and a quick detach buttstock with a small "anchor" stamp on the front. Included with the lot are four 20-round stick magazines, a Type "L" 50-round drum, unmarked transport case, cleaning rod and a print off of an unnamed group of police officers in a picture frame. Provenance: The Mattoon, Illinois Police Department; Law Enforcement Ordnance Co.; Property of a Gentleman

Rating Definition:

Excellent, with 95% plus original blue finish, showing some light scratches, edge wear and handling marks. The wood is very fine, with some light dents and scuffs. Mechanically excellent. The accessories are very good, with a foot detached from the case. 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) that is classified as a "Curios or Relic" as defined in 27 CFR, 478.11. These weapons are still subject to the provisions of 18 U.S.C. Chapter 44 and 27 CFR part 479.



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