MarkDozier
New member
I am surprised by the namby pamby lack of knowledge and silly answers y'all are posting.
I am surprised by the namby pamby lack of knowledge and silly answers y'all are posting.
But I don't think a half dozen, or even a dozen weapons a year wouldn't qualify as "making a livelihood" from it...
I am surprised by the namby pamby lack of knowledge and silly answers y'all are posting.
With absolute certainty the ATF will disagree with the above statement.
If you are selling a dozen guns a year and doing the buying on your FFL-03 they WILL consider you a dealer. Say hi to Bubba for me at the gray bar hotel
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My opinion is that it still depends on the circumstances, and whether the sales/purchases are done with the objective of profit, in mind.
tobnpr
If I buy a gun a month, shoot it, have a little fun with it, and then sell it for what I paid for it, and buy something else- all on my C&R; and make ZERO profits on the sales, how am I engaged in it for "the principal objective of livelihood and profit"?? There's a huge variety of C&R weapons. If I chose to buy some, shoot them, keep what I liked and sell the rest at little or no profit, I cannot see how that would run afoul of the ATF regs as I've read them.
A collector’s license does not authorize the collector to engage in a business required to be licensed under the Act. Therefore, if the acquisitions and dispositions of curios and relics by a collector brings the collector within the definition of a manufacturer, importer, or dealer, he shall qualify as such. A dealer’s license must be obtained to engage in the business of dealing in any firearms, including curios or relics.
I believe that buying and selling 1 C&R a month would qualify you as a dealer
They'd have a tough time proving that I intended to profit when I bought guns with the money I got and I've kept a ton of what I bought.
Again, "profit" isn't the issue. It's what ever they can consider dealing. Buying, and selling. If it is truly improving your collection there is no problem.
So in your mind buying C&R firearms with the intention of selling them to others at your cost doesn't violate the intent of the regulations? After all, that was the question in the original post.
The word "profit" then could be a technicality, or loophole in the regulations to allow 03 license holders to buy all the guns their friends want. Lots of loopholes have sent people to federal bed and breakfasts. I don't plan on taking the chance my self.
The offense carries a maximum penalty of five years in prison and a $250,000 fine
For the record I called them before the thread even startedHey, ronz, thanks for calling them and helping to straighten this out. Nothing muddies up a thread like a bunch of speculative pontificating and third-person anecdotal fantasies.
Hey, ronz, thanks for calling them and helping to straighten this out. Nothing muddies up a thread like a bunch of speculative pontificating and third-person anecdotal fantasies.