Rock Island Auction Company

Lot 1777: Colt 1921/1928 Thompson Machine gun 45 ACP

Auction Date: November 30, 2012

Exceptional Original Colt Model 1921/1928 U.S. Navy Over Stamp Thompson Submachine Gun with Extra Magazines

Price Realized:
Estimated Price: $30,000 - $50,000

Exceptional Original Colt Model 1921/1928 U.S. Navy Over Stamp Thompson Submachine Gun with Extra Magazines

Manufacturer: Colt
Model: 1921/1928 Thompson
Type: Machine gun
Gauge: 45 ACP
Barrel: 10 1/2 inch round
Finish: blue
Grip: walnut
Stock: walnut
Item Views: 21292
Serial Number:
Catalog Page: 310
Class: Class III
Description:

This is just a beautiful example of an exceptional all original transferable ($200.00 tax stamp on ATF form) Colt Auto Ordnance Thompson 1921/1928 US Navy over stamp submachine gun. This specific submachine gun was original produced in the 1921 configuration, and later, over stamped with "U.S. NAVY MODEL OF 1928". This model came into being because of the lagging sales for the 1921 series of SMG, and the fact that the USMC successfully used many of these New SMGs in Nicaragua, the Auto Ordnance Company began to remark their inventory with the intent of piquing sales interest to various police and Government agencies. The basic difference between the original 1921 and 1928 configurations is that the latter has a slightly reduced cyclic rate of fire. This series of SMGs are still probably the best machined and hand fitted SMGs ever produced. They all have a distinctive deep rich blue metal finish with the bolt remaining in the white with excellent deep dark brown walnut, fore grip, pistol grip and buttstock. This specific weapon still has all the traditional and very distinctive features found on these early 1921/28 models so easily recognizable in the Gangster and WWII movies. These features are: 1) the Auto Ordnance ported compensator on the end of the barrel, 2) the short 10 1/2 inch barrel with cooling fins, 3) the vertical pistol grip, 4) the detachable buttstock, and 5) the fully adjustable Thompson ladder rear sight that is graduated from 100-600 yards. The left side of the receiver is marked "U.S. Navy/MODEL OF 1921" with the number "8", correctly over stamped on top of the "1" in 1921, with the serial number 8689 stamped below the marking block. The left rear portion of the receiver is marked "THOMPSON SUBMACHINE GUN/CALIBER .45 AUTOMATIC COLT CARTRIDGE/MANUFACTURED BY/ COLT'S PATENT FIRE ARMS MFG. CO./HARTFORD, CONN. U.S.A." the right side is marked with the five lines of patent dates along with the two line "AUTO-ORDNANCE CORPORATION, NEW YORK U.S.A". The top of the receiver and is marked with the "Bullet" logo with "THOMPSON" inside. This specific weapon is complete with three 20 round magazines, one 30 round magazine, one Mills marked magazine pouch and one 50 round type "L" drum magazine with July 27th and Dec. 7th, 1920 patent dates.

Rating Definition:

Exceptional with a solid 98% plus of the bright original blue finish overall with minor handling marks and light edge wear. The bolt still retains the original correct bright finish. The various wood components, buttstock, pistol grip and vertical fore-grip all are in excellent condition with an attractive correct original matching oil finish color with minimal handling marks. The markings are clear and sharp and the lower receiver/trigger housing has a matching serial number to the upper receiver. Just an exceptional example of a very desirable Colt, Model 1928 Navy over stamp SMG. NOTE: This item is currently registered with the Bureau of Alcohol, Tobacco Firearms and Explosives, as a National Firearms Act (NFA) weapon, which has been 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 478. Before bidding on this item, it is the sole responsibility and obligation of the bidder/Class 3 FFL holder to comply and understand with all the State and Federal transfer laws and restrictions that apply in their current place of residence.



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