Class III Terminology Question

The term refers to a Class III weapon manufactured after the 1986 McClure-Volkmer "Firearms Owners Protection Act", which banned the continued manufacture of Class III weapons for civilian sale.

Thus, "civilians" can own pre-1986 Class III weapons. Post-86's are dealer samples (for showing law enforcement, for example, who may be interested in purchasing) or for police/military use.

We, the serfs, cannot legally own them unless a special class of firearm manufacturer or dealer.

I may be wrong on some of this, but not by much.

TimW
Phoenix
 
You are right, but there is also a category call pre-86 dealer samples. Those are usually foreign MG's manufactured before '86 but after '64 - the ban for importing foreign MG's to the States. They are transferable between C-3 dealers but not private hands. Dealers can keep those MG's even after they are no longer C-3 dealers.
No individual can legally keep a post-86 MG. Unlike pre-86 MG's, all post-86 have to be in the hands of current C-3 dealers.
A transferable MG is the most expensive, pre-86 is second, and post-86 is usually dirt cheap (a post-86 Uzi can be bought for ~$300)
 
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