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I have a few of the CMP M1 rifles. All gems in my book. I also was lucky enough in the last M1 Carbine release to get one of those in the lottery. I shoot that one a lot. I will end up shooting all my CMP rifles with probably the exception of the one Field Grade M1 that appears to be a bit well worn. Unissued will go very high right now unless you catch the auction sleeping. I don't have a foil wrapped, unissued one yet. That may be a next year purchase...
 

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I know having that unissued letter from the CMP means a lot, but even after psyching myself up to a little over $3k I had to take a step back down to reality. There are just some things you will never see a decent return on. I realistically see them going for $5k max at an auction on a good day in the future.
Yup. I saw a cosmoline wrapped WWII sniper go for well over 8k. I got an unwrapped/non cosmoline WWII sniper for much less than that and I am very happy with it but these rifles go for big money due to the history and the fact that the CMP is running out of M1s.

Did you want one for history or are you looking for an M1 to shoot or both?
 

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At this level, it is an investment.
One question to the knowledgeable,would it decrease the value to disassemble and oil the screaming parts that need some much needed attention ?
Investment would be in one of the rare rifles and that would mean auction. If you just want some history they are still selling Rack Grade M1s for $650 shipped. If you wanted a shooter then you can go with the M1s with new barrel and stock RM1EXPERT. My first Garand was one with a new barrel and stock but all the rest are random mix masters with one Collector Grade.

If I were you just keep trying to bid on the unissued rifles and maybe up your bid a bit. BTW - I never bid on a CMP rifle until right at the end.
 
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