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The M1 Garand was the first semi-automatic rifle used by the U.S. Army—from 1936 through 1957—able to put out 40-50 rounds per minute without breaking a sweat.
A. Regarding your M1 rifle, Serial No. 7003468, you do not have a military M1 rifle but, rather, a rifle made by a commercial firm in Geneseo, Ill., in the 1980s to 1990s.
The Civilian Marksmanship generated $196.8 million in revenue from sales of surplus M1 Garand rifles between fiscal years 2008 through 2017, according to the Government Accountability Office.