USA –-(Ammoland.com)- Here’s a quick update on those tens of thousands of U.S.-made M1 Garand rifles that were supposedly coming back to the United States from the Republic of Korea (South Korea) to be sold to American Korean War veterans and their families in time for the 62nd anniversary of the start of Korean War.
Back on April 17, I mentioned an article by Lee Tae-hoon on The Korea Times (South Korea) that said 84,417 Korean War-vintage M1 Garand rifles had been listed on the state-run Internet auction site Onbid.go.kr in an attempt to find a pair of Korean and American brokers to market the old rifle.
Then, I happened to catch a June 5 press release from the office of U.S. Senator Jon Tester (D-MT) on the shooting sports news site AmmoLand.com that claimed the semi-automatic long guns would be sold in the United States through the Civilian Marksmanship Program.
Well, the 62nd anniversary of the start of the Korean War has come and gone (American Korean War vets- thank you for your service!), and as far as I know these historic rifles have not yet been repatriated to U.S. shores.
In an e-mail exchange with Lee Tae-hoon right after the Tester piece came out the journalist noted that the Onbid.go.kr bid ended with the winner offering 30,821,850,000 won, or $26,109,148.67 for 84,417 M1 rifles and their parts- which comes out to $309.29 per rifle/parts. At least it sounds like progress is being made.
Tae-hoon has done a great job keeping on top of this story, and interested parties are hoping The Korea Times reporter will have something new about the deal soon.
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Survival And Prosperity, “Protecting and Growing Self and Wealth in These Uncertain Times,” is a blog that was created in November 2010 by Chicago-based researcher and veteran blogger Christopher E. Hill which focuses on personal and financial safety and growth for these tumultuous times in the United States. Visit:www.survivalandprosperity.com