^Lot 1047 FULLY TRANSFERABLE, DISPLAY READY COLT 1928 MODEL

1937 GROUP INDUSTRIES WATER COOLED MACHINE GUN ON 1917A1 TRIPOD. Cal. 30. S# 300072. Bbl. 24. A beautiful Colt Commercial Model 1928 Water Cooled Machine Gun registered by Group Industries mounted on an equally impressive 1942 dated, model 1917A1 tripod. The Colt Commercial Model 1928 water-cooled machine guns were originally manufactured in the late 1920s to early 1930s. Built to Colt's high commercial standards, these may be one of the rarest water-cooled Browning machine gun configurations as so few were manufactured, and they were blued instead of parkerized. This example is built on a beautifully engraved Group Industries Model M37 sideplate marked: "COLT / CAL .30 / 1928 MODEL 37 / COLT AUTOMATIC MACHINE GUN / COLT'S PAT. FIREARMS MFG. CO. / HARTFORD CONN. U.S.A." w/ serial number & Colt rampant pony over crest. Rich blued commercial type finish on receiver. Dark blued steel water jacket w/ brass front trunnion & front end cap. Dark green tripod has very complementary polished brass fittings including the heavy brass socket & attractive data plate on the rear leg. NFA registry displays manufacturer as: BROWN, MICHAEL DBA GROUP INDUSTRIES". CONDITION: finish on receiver is dark & rich. Steel portion of water jacket is dark blued w/ a very gentle freckling, primarily at 12 o'clock; visible under close inspection. No significant dents or dings in steel portion of water jacket w. the softer brass portions demonstrating some light impressions. Brass portions of gun are in a period correct matte mustard finish. Brass portions of tripod were brightly polished at some point & retain a high luster today. Pistol grip wooden panels are much nicer than those usually encountered w/ only a tiny chip at the bottom rear of the right panel. Current caliber appears to be .308 as indicated by chamber measurements & "7.62" marked bolt. Bright bore w/ strong rifling. Fire control mechanism appears to function correctly when cycled by hand. PROVENANCE: Military Museum Collection of Shooters Outpost, Hooksett NH. NATIONAL FIREARMS ACT MG REQUIRING BATF TRANSFER BEFORE TAKING POSSESSION. FULLY TRANSFERABLE. (03-2020/JZ). MODERN CLASS III. $20,000-30,000.