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 Gun sale terms explained 
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Pre-ban always gets me. This was a big deal in 2002, but so was Lindsey Lohan, frosted tips, and Limp Bizkit. In 2022, nobody really gives a rip.

Rare. Lots of crappy guns/designs are rare. They didn't make many because they couldn't sell them. I still see guys trying to make Colt 1991s and 2000s into "collector's items" because they're 'rare.' Maybe the best example is the Colt Boa, which sells for five figures even though it's the Mustang II of the Colt revolver line. It's rare because no one wanted a pretend Python that told their friends and everyone at the range they were a cheapskate poser.

Fortunately I am seeing less and less of the TAPCO SKSes and biohazard painted Maverick 88s.

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Tue Jan 25, 2022 6:42 pm
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Or people who think their rifle’s SBR status makes it worth double the money instead of less. Congratulations, the buyer gets to pay for a Form 4 so it can get transferred to the FFL, and then a second Form 4 to get transferred to the buyer from the FFL. Two years of waiting and $400 in taxes!


Tue Jan 25, 2022 10:00 pm
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Hard to find!

Yeah, i had to make a phone call and it will be at my Local shop in two days.

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Wed Jan 26, 2022 9:51 am
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Nitro_Guns wrote:
BadKarma wrote:
"Here is some of my 1911s. I should put a few up for sale."

Classified ads: <EMPTY>


You apparently missed the ad... :bigsmile:

Don't worry they were probably out of your price range anyway.
I hear that the seller is a real hard ass.... :ROFLMAO: :ROFLMAO:

I did. I miss out on all the sweet deals.
:bigsmile:

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Wed Jan 26, 2022 2:19 pm
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User 1234 wrote:
Or people who think their rifle’s SBR status makes it worth double the money instead of less. Congratulations, the buyer gets to pay for a Form 4 so it can get transferred to the FFL, and then a second Form 4 to get transferred to the buyer from the FFL. Two years of waiting and $400 in taxes!

I'm pretty sure you could do it with one transfer if you're in the same state. Alternatively, if it can be converted to a non-SBR they could remove it from the NFA and sell it like a normal firearm.

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Wed Jan 26, 2022 6:03 pm
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The Glock one is the one that kills me. A Glock is a $500-600 pistol, no matter how much crap you do to it. And your home stipple job turns it into a $300 pistol.

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Wed Jan 26, 2022 6:06 pm
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Beretta Dave wrote:
The Glock one is the one that kills me. A Glock is a $500-600 pistol, no matter how much crap you do to it. And your home stipple job turns it into a $300 pistol.


Or the P80 they "built", that cost them $900 in parts and is worth about $250 because it doesn't work right.

My favorites are the "rare Glock" ads. Dude, if I wanted a collectible, it wouldn't be a Glock.


Wed Jan 26, 2022 6:40 pm
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In a free state I see where only one Form 4 would be required to transfer an SBR between same-state residents. But in WA the FFL dealer must acquire the rifle, log it into his A&D book (assuming non-C&R and semi auto) and after ten business days transfer it to the buyer. That is two transfers. The ATF could issue a ruling blessing only one form 4, but unless they do I would expect them to reject a form 4 that shows an intent to violate state law by directly transferring possession of the SBR to the buyer.

For AR’s the solution is easy, keep the lower and sell everything else. For other SBRs that began as pistols there is a pathway to remove them from the NFA by converting them back to pistols and transferring them as a pistol. Then the buyer can Form 1 it back into an SBR. But who wants a pistol with someone else’s NFA engraving on it?


Wed Jan 26, 2022 11:00 pm
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The FFL does not need to hold the gun for those 10 days; the seller can do it.

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Thu Jan 27, 2022 7:27 am
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That’s a good question for the FFL dealers here who allow sellers to keep the pistol or semi auto rifle during the background check. Do you log the gun into your A&D book?


Thu Jan 27, 2022 9:44 am
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User 1234 wrote:
That’s a good question for the FFL dealers here who allow sellers to keep the pistol or semi auto rifle during the background check. Do you log the gun into your A&D book?

No, because the OWNER retains possession.

Once the BGC is complete, buyer and seller return. FFL holder then accepts possession, logs it in, then out to buyer.

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Thu Jan 27, 2022 9:47 am
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Thanks!


Thu Jan 27, 2022 2:11 pm
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jukk0u wrote:
User 1234 wrote:
That’s a good question for the FFL dealers here who allow sellers to keep the pistol or semi auto rifle during the background check. Do you log the gun into your A&D book?

No, because the OWNER retains possession.

Once the BGC is complete, buyer and seller return. FFL holder then accepts possession, logs it in, then out to buyer.


Depends on which computerized system you use.
I need to enter it in my books in order to generate the PTA or "Assault" weapon TA.

I hold the gun since my dealer name and FFL # are on the PTA or "Assault" form.

How other FFL's do it, I simply don't care. It is their choice.

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Thu Jan 27, 2022 7:52 pm
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