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--M1 Carbines 50,000 (IP, did not make the M2, M3, T3, or M1A1 Carbines) : About 0% of M1 Carbines made. (Due to the fact that no completed IP carbines were ever accepted by the Ordinance Department.)
--No complete Irwin-Pederson rifle were ever accepted by the U.S. Government. Any completed Irwin-Pederson rifles were most likely reassembled and reinspected by Saginaw (S'G') after they took over the contracts.
--Irwin-Pederson did not meet the standards of the Government and their contracts were canceled on March 27th and Saginaw (S'G') took over on April 1st, 1943. Mixed Irwin-Pederson and Saginaw (S'G') parts can be found in these Carbines, but later carbines will have less IP parts because they used up all the IP parts.
I thought my IBM was rare being one of the 5.7% of these produced but looks like this would be a collectors item.
So because it was originally a piece of shit now its worth more than one that was good enough?
Odd
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