SMG & MG Sale

cbxjeff

October 21, 2014 17:36

I've had a couple for 20+ years and think it's time to sell. I planned on listing the on GB. I talked to a close by dealer and was told that he couldn't handle the transfer w/o transferring first to him. His advice, once I had a buyer's dealer's FFL, I can just ship it to him via UPS or FedEx. I'm not comfortable w/ giving a piece that I am to keep in my possession at all times to a guy at a UPS counter. What do I do guys? I'm too old to go to jail for 20!

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  rufe-snow

  October 21, 2014 19:48

  Only transfer through a Class 3 dealer. Let him do all the heavy lifting. Thats his business. As he will get a markup on the transaction. He will be eager to help you.
  
  As it's a sellers market, for licensed/legal Class 3 firearms. It's not going to cost you a penny. If the SMG & MG you have are high quality, in demand. You will have buyers standing inline, trying to get their hands on them.

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  tsr1965

  October 22, 2014 02:53

  Rufe has given great advice. I will add a little tidbit though. If those are registered transferrable mg/smg's, then you can expect to at least quadruple your investment.
  
  When I first started going to the MG shoot in Kentucky, in 1999, one could get a pretty nice M-16, for around $4K....now they start at 15K, and pretty nice ones are 20K plus.
  
  Best

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  nmyers

  October 22, 2014 05:13

  Don't UPS & FedEx have a dollar limit on insurance payouts? I'd check that out first, it may be worth your while to make a trip to the buyer's dealer.
  
  Neal

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  cpermd

  October 22, 2014 08:30

  MGs should only be sent via USPS registered mail with insurance
  Mail it yourself to the buyer's NFA dealer
  
  End thread

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