A $100 billion, one-time program aimed at buying back 200 million firearms at $500 a pop.

[Xithras]

118. Yep. Any junk Garand that can still push a bullet will fetch $500

I had to sell most of my firearms collection because of financial problems several years ago, and not one of my rifles went for $500 or less. Heck, I posted my three Benelli shotguns for $1600 each, and they were sold within hours (I'd paid nearly $2400 for one of them NEW only a couple of years earlier). There's no way the new owners would turn them in for a paltry $500.

My two old Garands, which were nothing special, went for $900 each. I still own one, an authentic WW2 Garand that was carried by someone in my grandfathers unit as they marched through Normandy (a previous owner found some etchings on the inside of the buttplate, and I connected with him via a Garand forum). I wouldn't sell that rifle for ten times that amount (it's not safe to fire anyway, but it's a history piece for my family).

My dad has been a licensed NFA collector for more than 40 years. He has rifles and machine guns in his collection that are worth $20,000 to $40,000 each. Those rifles are his retirement plan. Giving them up for $500 isn't going to happen.