We are visiting a collector in Europe who has an incredible selection of rare firearms. Here is an extremely-early production Model 01 AR15. The serial number is 000192, and because the serial numbers for the Model 01 started at 000101, it is among the first 100 ever manufactured. This extremely-early serial number also indicates it was probably manufactured in December of 1959, the same month that large-scale production of this model started.
The Model 01 was the first mass-produced version of Eugene Stoner’s AR-15 design after Colt acquired the manufacturing rights from ArmaLite. Serial production began in December 1959 and continued into mid-1963, with roughly 14,500 made in the range starting around serial 000101 through about 014484.
These early rifles were primarily for U.S. Air Force use, Project AGILE testing (AGILE was basically the predecessor to DARPA), limited foreign military sales, and some commercial/police sales. Key early export contracts included small batches (around two dozen each) to Malaya/Malaysia and India, plus smaller numbers to places like Australia, Burma, and Singapore.
Note some interesting features on this early AR include semi-gloss green furniture (is this original furniture?). These also have the slab-side lower (no fencing around the magazine release at all) and this is probably a 1-14" twist barrel.
If this rifle was a transferable machinegun in the US, it would probably be worth in the $40k - $50k range.