This Historical Golden M16 May well be Worth $275,000 (VIDEO)

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Apart from its status as an early transferable choose-fire Colt — in a gold finish — the prototype is the initial model of the AR-15 to have a forward help.

Rock Island has the gun, serial no. “COSUSA1” up for grabs in their upcoming May well Premier Auction. The uncommon Colt AR-15/XM16E1 was presented to Gen. Earle “Bus” Wheeler, the storied Chairman of the Joint Chiefs of Employees by means of six years of the Vietnam War.

Wheeler, who served as in infantry officer early in his profession to include things like service in WWII, reportedly took a keen interest in the Colt, which was ultimately chosen to replace the Army’s M14 — the latter a gun which had been created by the Army’s personal Ordnance Division. 1 sticking point for the service was the absence of a way to manually close the M16’s bolt, a function which became normal on the Colt 603 models immediately after 1963.

The initial test gun with the forward help, provided a gold finish and a buffed polish job on the plastic, was presented to Wheeler by Colt President Paul Benke in 1964.

Golden prototype AR-15 XM16E1

It is believed the 1 of a sort serial quantity of “COSUSA1” stands for “Chief of Employees US Army, Serial Quantity 1.” Wheeler was the Chief of Employees of the Army from 1962 to 1970, and Chairman of the Joint Chiefs of Employees all round from 1964 to 1970, holding the latter position longer than any other basic. (Images: RIAC)

Golden prototype AR-15 XM16E1

Apart from getting the initial with the forward help, the gun also has early complete-auto bolt carrier with the flat head cross pin, early machined selector switch with the modest hole in the center on each and every side, the early Variety 1 buffer assembly, and a 3-prong, open flash hider.

The gun, which has been in Wheeler’s loved ones ever considering that, is anticipated to garner as considerably as $275,000. It goes to the gavel on May well three.

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