Afraid your 401K is going down the crapper?

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Niner Alpha
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Afraid your 401K is going down the crapper?

Postby Niner Alpha » Sat Sep 10, 2011 1:10 pm

Here's what you can do. Put in a bid on this prototype M16. Maybe you will win it and if y0u live another 10 years before auctioning it again you could increase your money more than leaving it in a mutual fund.... or not.

Noticed this historic rifle up for auction. The sixth prototype M16 made by Colt. Looks like it is "C&R" ...and.....with the auto selector in place. And it's been some places and been handled by some famous people. ... 8&lot=1009

Accompanied by a Colt factory letter which states that this rifle was shipped to Cooper MacDonald Co. of Baltimore, MD on Feb. 17, 1960. The Cooper MacDonald Co. had been selected by Colt to market this new product and this rifle was therefore shipped to the company into the hands of Mr. William Mullen, the Vice-President of Cooper MacDonald. In a signed & notarized statement from consignor dated June 9, 2011, consignor states that he obtained possession of this rifle in March 1989 and on July 14 & 15, 1992 he and his wife traveled to Washington, D.C. and Baltimore, MD and had a lengthy appointment with Mr. Mullen, V.P. of Cooper MacDonald Co. Mr. Mullen stated that SN 106 is the rifle that made two trips around the world for demonstrations to various friendly governments. He stated that on July 4, 1960 this was the rifle that was used in the "Watermelon Demonstration". Mr. Mullen stated that the demonstration took place on Mr. MacDonald's farm which was an annual cookout & beer bust and that prior to the party Mr. MacDonald had told him to "bring the rifle - there will be some brass there". Mr. Mullen stated that the brass turned out to be Gen. Curtis E. LeMay, the Air Force Vice-Chief of Staff. Mr. Mullen stated that a demonstration was organized using four watermelons placed at 50, 75 & 100 yards. Gen. LeMay fired at three of the watermelons which completely destroyed them. When it was pointed out to the General that there was a fourth watermelon remaining and was asked if he wanted to shoot it or eat it. His response was "Let's eat the son of a bitch", which they did. While they were standing in the field eating watermelon Gen. LeMay explained that he had been looking for a rifle weighing less than the M-1 Garand and the Springfield M-14 but one with more punch than the M-1 carbine. Mr. Mullen recalled that Gen. LeMay was happy at the prospect of receiving his order in a timely manner and on the spot placed an order for 8,500 rifles.

Go to this auction page and scroll down to item 1009. There's more to the story. ... ?pageREQ=1

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