Anyone know the c&r rules on selling a firearm

[roadie]

I'm just wondering what the rules are since I can't find them on selling any of the guns in yer collection. I know you are not allowed to turn things into a business, but are you allowed to unload items in the collection from now and then, or is there an amount that you can buy and sell in a per year. Or are you in-titled to keep everything you buy?

[stitchclimber]

I was reading up on it the other day, and selling off all or part of your collection is fully acceptable, as long as you keep record of your transactions.

[Righteous]

you can sell and buy all ya want long as your not doing it for profit and as a bussiness

[roadie]

So then how does ATF define profit, is it illegal to get higher then the asking price on a rifle yer sellin?

[GlockMeister]

Check out his site Marion provided a while back and see if it has any answers for you?
http://www.cruffler.com/becomingcruffler.html
Also, if you search any C&R forum/posts or links on G&G,, there are more links to help and might have answers? Try here.
Curios and Relics Forum - Gun and Game Forums

[Righteous]

Profit is defined as making your living with it

[.22guy]

You can sell them and make a profit. I think this would be considered selling to further your collection.

At any rate, just don't do it in a way that could be construed as making a living and you'll be fine.

[Paper]

Originally Posted by .22guy

You can sell them and make a profit. I think this would be considered selling to further your collection.
At any rate, just don't do it in a way that could be construed as making a living and you'll be fine.

Exactly. Use common sense..

I sold a couple old Yugo SKS's that I had for a year or more, for 3 times what I paid for them. I then turned around and purchased a couple Swedish Mausers to take thier places..

Just remember to record the sale in your bound book. Too much info on the buyer is better than not enough.. You need name, address and birthdate for proof of age, and then a DL number, or anything else to verify that the purchaser was eligible and a legal gun owner. If selling to another collector, get his/her FFL number. Keep all paperwork, too..

In other words, cover your butt..

[roadie]

thanks, I am only beginning to acquire items, but I am sure I might sell one eventually...so it's good to do it the right way.

[gandog56]

Originally Posted by Righteous

you can sell and buy all ya want long as your not doing it for profit and as a bussiness

Like don't be obvious, like buying five and selling four.

[tnjeff]

Like don't be obvious, like buying five and selling four.

I would really like to ask an atf guy about this. Suppose I bought, say, 3 M44's for $80.00 bucks apiece, and then sold two for $150.00 each. Of course, the reason behind this would be to get mine, the third one, free. Making a profit or enhancing my collection? I can see how it might go either way. I wouldn't do it unless I was sure it was legal.
Let me clarify that. I wouldn't do it at all unless I had something in writing from the atf saying it was legal. Too much gray area.

[blaster]

my paper work from the ATF says up to 6 guns a year is o.k.

[Full MeTal Jack]

Keep records in a premade, Firearms Acquisition And Deposition Book. Your local FFL Dealer should know where you can find one.

Originally Posted by blaster

my paper work from the ATF says up to 6 guns a year is o.k.

6? ah-oh!

[roadie]

Originally Posted by tnjeff

I would really like to ask an atf guy about this. Suppose I bought, say, 3 M44's for $80.00 bucks apiece, and then sold two for $150.00 each. Of course, the reason behind this would be to get mine, the third one, free. Making a profit or enhancing my collection? I can see how it might go either way. I wouldn't do it unless I was sure it was legal.
Let me clarify that. I wouldn't do it at all unless I had something in writing from the atf saying it was legal. Too much gray area.

I know where yer coming from, I would like to do the same, but don't wanna mess around with the atf. I have had my license for 2 months now and have yet to get my info packet from the atf, I think I'm gonna call the licensing center on Monday and see what's up, while I have them on the phone I will ask them about the selling rules and post what they tell me.

[.22guy]

Originally Posted by roadie

I know where yer coming from, I would like to do the same, but don't wanna mess around with the atf. I have had my license for 2 months now and have yet to get my info packet from the atf, I think I'm gonna call the licensing center on Monday and see what's up, while I have them on the phone I will ask them about the selling rules and post what they tell me.

That's a good idea, but I think it's generally a bad idea to act on words spoken in a phone call. I bet you could call them 5 times and ask that question and probably get 4 different answers. It IS the government, after all. See if the person you talk to will send you that answer in writing.

[troylaplante]

Originally Posted by Righteous

you can sell and buy all ya want long as your not doing it for profit and as a bussiness

It is not a matter of making a profit. It is a matter of conducting business. If you buy a Mosin for $69 and you can get $150 for it later, that is not illegal. If you regularly buy Mosins and turn around and sell them as opposed to obtaining them for your personal collection, that is business, not collecting.

[tnjeff]

If you regularly buy Mosins and turn around and sell them as opposed to obtaining them for your personal collection, that is business, not collecting.

After giving this some thought and doing a little reading, I agree with Troy here. I believe this is probably what the regulation intends as it's written.