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Semi-automatic only version of the military rifle first introduced in the vietnam war and still used by troops today. >> where's your i.d.? >> it's out in the car. i just didn't want to carry it around. >> i brought it to a gun show a couple weeks ago in columbia and this is big and bulky and there were so many people in there, i kept banging people. that's why i didn't bring it with me. >> 5.56? >> yeah. either one. the .223 or the 5.56. >> any way you can go down $50? >> yeah. i can go down $50. >> all right. you want to walk out, i'll pay you? >> sure. >> the seller takes our offer -- $1,15...

The 5.56. >> any way you'd go down 50 bucks? >> yeah. i'd go down 50. >> all right. you want to walk out, and i'll pay you? >> sure. >> let's do it. >> the seller takes our offer, $1150. from first conversation to settling on a price, takes just 70 seconds. in front of the convention center, the money is exchanged, the rifle complete with case, is handed over. our team walks away with a variation of the same weapon used in the deadly sandy hook shooting. again, no questions asked. >> there's the case. there's the gun. there's the clip. >> great. >> good. >> okay, thank you very much. >> apprec...

After wandering the floor, our producer spots this gentleman, carrying a semi automatic rifle on his shoulder. asking price, 1200. >> strap doesn't come with it. that's one of my -- >> you're just moving it over. >> just moved it over. >> the bush master xm 15 as it is known is a semi automatic only civilian version of the m-16 u.s. military rifle. first introduced in the vietnam war, still used by u.s. troops today. >> do you have the case and stuff with you or no? >> it's out in the car, i just didn't want to carry it all around. >> i brought it to a gun show a couple weeks ago, in columbia,...

Troops today. >> do you have the case and stuff with you or out in the car? >> it's out in the car. i just didn't want to -- >> carry it all around? >> yeah, i brought it to a gun show a couple weeks ago, and -- in columbia, and the case, this big and bulky. and there were so many people in there, i kept banging people. and that's why i didn't bring it with me. >> 5.56? >> yeah. either one. the .223 or 5.56. >> any way you can go down 50 bucks? >> yeah. i can go down 50. >> all right. you want to walk out and i'll pay you? >> sure. >> let's do it. >> reporter: the seller takes our offer, $1150...

>> reporter: the bushmaster xm 15 as its known is a semiautomatic only civilian version of the m-16 u.s. military rifle first introduced in the vietnam war and still used by u.s. troops today. >> it's out in the car. i just didn't want to carry it all around. i brought it to a gun show a couple weeks ago in columbia and the case this big and bulky and there were so many people in there i kept banging people and that's why i didn't bring it with me. yeah. either one. the 223 or 5.56. >> any way you'd go down 50 bucks? >> yeah. i can go down 50. >> all right. you want to walk out and i'll pay yo...