When Did the Thompson Submachine Gun Invented?

Thompson submachine gun, byname Tommy gun, submachine gun patented in 1920 by its American designer, John T. Thompson.

How much did a Tommy gun cost in 1920?

The first Thompson entered production as the M1921. It was available to civilians, but, because of the weapon's high price, initially saw poor sales. The Thompson (with one Type XX 20 round "stick" magazine) had been priced at $200 in 1921 (roughly equivalent to $2,902 in 2020).

How much did a Thompson submachine gun cost in 1934?

Sadly, for Thompson and the stockholders of Auto Ordinance, the gun was a slow seller. Priced at $200 each–half the cost of a new Ford Model T automobile–the Thompson did not find the hoped-for military contracts in the post-war environment.