Valuation Guides Machine Guns Madsen LMG
Published: May 26, 2025 | Updated: February 17, 2026
The Madsen LMG is one of the earliest true light machine guns, known for its long service life, distinctive top-loading magazine, and global use throughout the 20th century.
Curious about how much your Madsen LMG heavy machine gun is worth? Whether you’re looking to sell or simply understand current pricing, we’ll help you assess the market value of your firearm.
First introduced in 1902, the Madsen LMG is widely regarded as the first practical light machine gun to be adopted globally. Its unique hinged bolt and top-mounted magazine distinguished it from contemporaries. Produced for over five decades, the Madsen saw use in dozens of countries and conflicts across the 20th century. U.S.-registered transferable examples are uncommon and are typically chambered in 7mm, .30-06, or 8mm Mauser depending on the original country of use.
Origin
Denmark
Manufacturer
Dansk Industri Syndikat
Caliber
Varies by contract (commonly 7mm Mauser, .30-06, 8mm Mauser)
Rate of Fire
450–525 rounds per minute
Mount Type
Bipod or tripod
Notable Uses
Used globally from WWI through the Cold War, especially in Latin America and Asia
Transferable Madsen LMG heavy machine guns are highly sought after by NFA collectors and enthusiasts. Value is influenced by originality, condition, variant type and any unique historical markings. Most examples on the market range from $20,000 to $25,000, depending on configuration and provenance.
Registered Receiver
Estimated Value: $20,000 – $25,000
Market values reviewed by Chris Wing, Lead Firearms Valuation Specialist
Originality:
Transferable Madsen LMGs with original receivers, parts, and factory markings typically command higher prices due to their authenticity and appeal to collectors.
Condition:
Clean, well-maintained Madsen LMG machine guns in excellent mechanical and cosmetic condition will sell for significantly more than worn or modified examples.
Historical Markings / Provenance:
If there are markings or provenance that link your Madsen LMG to a specific military unit, wartime service, or historical event - collector interest and market value can greatly increase.
Restoration:
Whether your Madsen LMG has been refinished, restored or modified will significantly affect pricing. Original finishes are typically more desirable.
Transfer Status:
Transferrable Madsen LMGs will hold a considerably higher value than their pre-86 or post-86 counterparts.
Receiver Type & Build Origin:
Madsen LMGs built on original receivers are worth more than rewelds or REWATS.
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