PreBan Colt AR-15 SP1 – .223 – 1976 – Cobray 37mm CM203 flare launcher RARE

This is a no reserve penny auction for a Colt AR-15 SP1 semi-automatic rifle in .223 Rem. Serial number- SP58869. Manufactured in 1976. This SP1 is in great condition and comes with a magazine and a Cobray CM203 37mm flare launcher. This under barrel launcher is not considered a destructive device as it is a 37mm civilian FLARE launcher that looks the part of a military 40mm M203 launcher. The SP1 was the original civilian-legal variant of the AR-15 self-loading rifle, redesigned to operate in semi-automatic mode only and first offered for sale in 1964. In many ways it began the current trend of civilian ownership of AR-15 type rifles in the U.S.