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How Much is My Madsen LMG Worth?

The Madsen LMG is one of the earliest true light machine guns, known for its long service life, distinctive top-loading magazine, and global use throughout the 20th century.

Curious about how much your Madsen LMG heavy machine gun is worth? Whether you’re looking to sell or simply understand current pricing, we’ll help you assess the market value of your firearm.

About the Madsen LMG

First introduced in 1902, the Madsen LMG is widely regarded as the first practical light machine gun to be adopted globally. Its unique hinged bolt and top-mounted magazine distinguished it from contemporaries. Produced for over five decades, the Madsen saw use in dozens of countries and conflicts across the 20th century. U.S.-registered transferable examples are uncommon and are typically chambered in 7mm, .30-06, or 8mm Mauser depending on the original country of use.

Origin

Denmark

Manufacturer

Dansk Industri Syndikat

Caliber

Varies by contract (commonly 7mm Mauser, .30-06, 8mm Mauser)

Rate of Fire

450–525 rounds per minute

Mount Type

Bipod or tripod

Notable Uses

Used globally from WWI through the Cold War, especially in Latin America and Asia

Madsen LMG Machine Gun Values & Variants

Transferable Madsen LMG heavy machine guns are highly sought after by NFA collectors and enthusiasts. Value is influenced by originality, condition, variant type and any unique historical markings. Most examples on the market range from $20,000 to $25,000, depending on configuration and provenance.

Common Variants & Value Ranges

  • Registered Receiver

    Estimated Value: $20,000 – $25,000

Factors That Influence Madsen LMG Values

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Originality:

Transferable Madsen LMGs with original receivers, parts, and factory markings typically command higher prices due to their authenticity and appeal to collectors.

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Condition:

Clean, well-maintained Madsen LMG machine guns in excellent mechanical and cosmetic condition will sell for significantly more than worn or modified examples.

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Historical Markings / Provenance:

If there are markings or provenance that link your Madsen LMG to a specific military unit, wartime service, or historical event - collector interest and market value can greatly increase.

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Restoration:

Whether your Madsen LMG has been refinished, restored or modified will significantly affect pricing. Original finishes are typically more desirable.

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Transfer Status:

Transferrable Madsen LMGs will hold a considerably higher value than their pre-86 or post-86 counterparts.

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Receiver Type & Build Origin:

Madsen LMGs built on original receivers are worth more than rewelds or REWATS.

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About Us

Our mission is to make the process of selling your firearm as easy and convenient as possible.

Selling a firearm can be time-consuming and legally complex, especially for machine guns. At webuyguns.com, we streamline the process by purchasing directly from you, saving you time and ensuring a legally compliant, hassle-free transaction. With decades of experience, we provide fair market evaluations and encourage you to compare our offers locally to see the value we bring.

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How it works

You are in control

Our streamlined process makes selling your firearm easy. If you accept our offer, simply package your firearm using the prepaid shipping label we provide. We’ll keep you updated with email notifications at every stage. No hassle, no guesswork—just a smooth, straightforward experience on your terms.

Steps
16 cloud upload Tell us what you have.
Fill out a short form and upload a few photos. This helps us identify what you have. We review your information and images to assess the condition and value of your firearm.
16 currency dollar We make you an offer.
We’ll provide an offer on your firearm via email within 72 hours, and if accepted, provide instructions to complete the process.
16 comments We keep you informed at every stage.
We’ll provide a shipping label and keep you updated with email notifications tracking recieving the firearm, reviewing its condition and issuing payment.
Item Submitted
Colt Python: Minor scratches with approximately 200 rounds through it.
357 Mag Very Good
Offer Made
Ref # 0973457 .357 magnum Colt Python in very good condition.
$1,300
Offer Approved
Ref # 0973457 Colt Python
Item Shipped
Ref # 0973457 Colt Python
Tracking # 9610 1385 1287 3021
Item Received
Ref # 0973457 Colt Python
Customer Paid
ACH for $1,300 issued to customer account.

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Frequently asked questions

If you can’t find the answer you’re looking for, reach out to customer support or view all FAQ's

Is this legal?
Yes. We are a federally licensed firearms dealer located in the state of Indiana. You, the seller, are covered under our license just as you would be if you walked into our store with the item. There are no laws preventing you from selling your firearm to us.
What is a transferable Madsen LMG worth?
Most transferable Madsens fall between $20,000 and $25,000, depending on the variant, caliber, and overall condition.
How many transferable Madsen LMGs exist in the U.S.?
They are relatively uncommon, typically appearing as imported examples registered prior to 1986.
Can I legally sell a Madsen LMG?
Yes, as long as it is registered as a transferable machine gun. We handle the Form 4 and shipping process.
How long are offers good for?
Offers are valid for 14 days.
Can I sell multiple firearms?
Absolutely! Once firearm information has been submitted, you will have the ability to submit additional firearms for review and offers. These firearms will be viewable from your user panel, which you access from your initial offer email. If you have a large number of firearms or an estate, it's best to contact us directly (just to save you a lot of time).