Valmet M76 non-restricted 5.56 build?

You'd need a Hunter, Galil, or 76 gas block, to mount the front sight. Different gas tube, which may need some fitting, different receiver cover, which should be interchangeable. It's do-able.
 
In theory - yes. But it's still the same amount of work if not more:

Still need: M76 stock, handguard, gas block, front sight post, receiver cover, gas tube (can reuse the original hunter one) - these are all different from M71. I don't see any pictures of the one tex is selling so I'm not sure how exactly it's done, but I'm assuming it's a 100% clone.

The only things you'd gain by buying a M71 clone would be the guide rod, trigger and pistol grip (the easiest parts to get - AK parts fit) and the barrel work tex did (I'm not 100% clear on what's going on with the flash hider on it without pictures)

I see there's a 12.5 M76 on the EE - another possible parts donor for you? (stamped receiver though - will still need some sort of a stock adapter)
 
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OP - lots of good advice here. If one were to take a .308 Hunter and complete a .308 M76 conversion here's a visual of the parts that are required. A .223 would be the same, just a different mag, provided the base receiver is .223.

 
And for reference here's an original .308 M76 with 18" barrel (damn) and original Valmet wood stock. With the parts pictured above you can build something pretty close if not identical. Lots of great examples in your thread.

 
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So, practical option number 1: Buy a .223 Hunter, then get someone with a 12/5 class license to act as my middle man so I can buy that prohib M76 in the EE and have them strip non-restricted parts I would need. Could I get a majority of my parts, minus stock adapter, off of that rifle?

Option 2: Buy the non-restricted .308 M76 clone for sale in the EE. I would feel bad stripping down someone else's project that they put a lot of time and money into, but such is life. If I felt inclined to, could I use a lot of the parts from it to build a .223?
 
I'd go with option 1, personally, if money wasn't an issue. And yes, I think that would provide you with pretty much all the parts you'd need, except the receiver filler block. You could even see if the guy with the M76 on the EE would, for his asking price, strip the receiver of all parts and keep just the barreled action for himself.


So, practical option number 1: Buy a .223 Hunter, then get someone with a 12/5 class license to act as my middle man so I can buy that prohib M76 in the EE and have them strip non-restricted parts I would need. Could I get a majority of my parts, minus stock adapter, off of that rifle?

Option 2: Buy the non-restricted .308 M76 clone for sale in the EE. I would feel bad stripping down someone else's project that they put a lot of time and money into, but such is life. If I felt inclined to, could I use a lot of the parts from it to build a .223?
 
Well, this is something I'm going to have to think over for a bit. Would be a lot of money on the line. Again, I appreciate everyone's help. I have gained a lot of very useful knowledge.
 
Or have it stripped so as to not damage parts outside of the receiver.

Of course, that's what I meant, as you'd be buying it to serve as a donor parts kit and not a display piece. Strip it and then have what's left deactivated or sell/transfer to another 12.5 holder if there's any interest. I did this when I built my first TRW M-14. I used everything but the receiver for my build and had the stripped receiver transferred to a buddy who had the necessary endorsement to his RPAL. The rifle had been on consignment at a Gun shop. I arranged payment and had the in-house gunsmith strip it and the shop staff transferred the stripped receiver to my friend. I had the option of having it deactivated, but I rather that it lived on a little bit longer and gifted it to a friend. Should the mood strike, he could one day restore it or sell/trade it to another eligible buyer looking for a project. Unlikely, but you never know.
 
I have a Valmet Hunter .223 build that is coming a long way but it is going to be a Valmet M71. It was near the $5k mark and years to build it. I do a bit here and there when I have time. Next step is remove hunter trigger guard, and then refinish it.
I also have a .308 Galil conversion. It was built a wile ago but now im working on installing the left side selector switch.

 
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