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The M16 I'm looking at is considerably more, Seller is firm at 42K pounds, which is around $64K. He has done a nut and bolt restoration several years ago and says it's totally original M16, not an M5 reworked into an M16. From what I gather the original M16's with original armor are quite rare...

Hey L999, love your HT. What do you know about the time and cost of restoration? Also, are those quads made by muckabouts? Do you know if M16's with original armor (folding sides) are super rare in US? I am trying to purchase one in Europe, and I am not a purist who needs original armor, but...