Informative thread on stolen gun.
Am I the only one who really enjoyed and learned something from Jerry Batesman's thread? We on this forum and who buy on gunbroker really need to know the risks of and remedies for buying stolen merchandise.
Congratulation to Jerry for getting good advice and staying with it until justice was done.
Congratulation to Jerry for getting good advice and staying with it until justice was done.
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Thank You Herschel. I to was VERY INTERESTED in the out come of Jerry Batesman's Experience . I know these forums are here as a FREE service from Gunbroker INC. and we should not "BITE THE HAND THAT FEEDS US." however in this case it was a legal issue That really was beyond something that GUNBROKER could FIX. However I don't think they did them-self or members any good from at least the P.R. side in locking all the post. I would think they would at least have a suggestion box and review suggestions from members that may make for a better site. 0 -
I too watched the J.B. saga with intrest. What would you do if someone come at you with " you sold me a stolen gun 2 years ago, I want my $$$ back" ? J.B. did the right thing, but so did the pawn shop if a little slow. The pawn shop didn't do anything wrong, I don't know about the laws in their location but here (wis.)there is no way for me to check a firearm to see if it is stolen. Now the pawn shop has to go back and try to recover it's $$$ from who ever sold them the gun. 0 -
I agree with you guys.
But, it leads me to ask: Why can't the DOJ data base be available for queries from the general public? It could easily be added to the ATF website, just like FFL EZ-Check. You enter the make & serial number & you get back whatever information they now give to LEA's. I just can't see where this could harm anyone who is innocent. On the contrary, it could expose illegal traffic in stolen firearms & help get some bad guys.
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IBTL
I am going to make this very clear: We don't play the In Before The Lock Game in this forum. The fact that IBTL is the near national pastime of General Discussion does not mean that the same applies over here. There are only (supposed to be) ten posts allowed per thread here in ATE so don't squander them on games.0 -
I agree completely with nmyers. 0 -
I have to believe that the pawn shop has an "errors and omissions clause" in their insurance policy to protect them from unknowingly taking in stolen merchandise. Due to the risks of pawning, they would be foolish not to have it. Upon proof, the insurance company would reimburse the pawn shop for their loss and attempt any recovery if possible. 0 -
quote:Originally posted by Spider7115
I have to believe that the pawn shop has an "errors and omissions clause" in their insurance policy to protect them from unknowingly taking in stolen merchandise. Due to the risks of pawning, they would be foolish not to have it. Upon proof, the insurance company would reimburse the pawn shop for their loss and attempt any recovery if possible.
The insurance may well pay you on it, but you will pay them back at minimum 2x over the course of the next few years. Any competent business person doesn't use their insurance unless it is a catastrophic loss that can't be absorbed as a normal cost of doing business. At most they paid a couple $100 for the gun, which was their true cost, not the auction sale; likely this is what the insurance would pay on.0 -
Under the freedom of information act. Why not allow us access?
Its a taxpayer paid for data base...0 -
quote:Originally posted by richbug
quote:Originally posted by Spider7115
I have to believe that the pawn shop has an "errors and omissions clause" in their insurance policy to protect them from unknowingly taking in stolen merchandise. Due to the risks of pawning, they would be foolish not to have it. Upon proof, the insurance company would reimburse the pawn shop for their loss and attempt any recovery if possible.
The insurance may well pay you on it, but you will pay them back at minimum 2x over the course of the next few years. Any competent business person doesn't use their insurance unless it is a catastrophic loss that can't be absorbed as a normal cost of doing business. At most they paid a couple $100 for the gun, which was their true cost, not the auction sale; likely this is what the insurance would pay on.
It may be true that they originally only paid a couple hundred dollars for it but they sold it for $2,900 and had to eat that amount of loss to reimburse JB. That may well warrant a claim.0 -
I would imagine that ever locale is different but I can go to the local Police Office and tell them that I am looking to purchase a gun from whomever (it doesn't matter, individual or Pawn Shop) and I want to make sure that it is not stolen. I give them the Serial Number and they run it for me. Now, that doesn't guarantee that in 3, 6, 9, or 12 months a report will not be filed that the gun was stolen! I would imagine that that is exactly what happened with the Pawn Shop. When the Serial Number was run, it came back clean but at some later date, the owner found it missing and filed a report. This happens quite often unless the true owner of the gun does a lot of shooting. 0 -
I have spoken with a local LEO and he stated that he could run the gun but if it turned up stolen then I might have some explaining to do and would lose the gun. 0
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