C&R Question
I've got a m-92 win. up for auction here (#46161756) that has been copletely rebuilt but to all original spec's. it this still c&r transferable. A potential bidder wants to know. thanks.
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Is a Colt SAA, 2nd Generation, manufactured before 1962 considered
C&R?0 -
I'm in the process of getting a 'C&R' license. As I understand it, I could transfer a firearme to another C&R license holder with no problem. Other than that, I better keep whatever I buy with the license.
The C&R license is for collectors of firearms that are at least 50 years old, but made after 1898, which is in the 'antique' era.
Say you want to buy an 1853 British Enfield civil war era musket? It's ok to buy an original or reproduction without any license at all.
But, if you want to buy an M1 Garand, you can only buy one that was actually made at least 50 years ago. Modern reproductions come under the Federal Firearms act of 1968.
The best thing to do if you want a C&R license is to keep every firearm you buy with it.
A C&R license costs 30 bucks for 3 years. Simple math tells you what it's worth.
"If they won't give us good terms, come back and we'll fight it out."
-- Gen. James Longstreet0 -
I don't think that it matters. Most collectors sell or trade guns, in addition to buying them. The important thing is that a logical person, looking at your transactions, must believe that you are collecting, not buying & selling in order to make money.
Let me give you an example of the kind of transaction that could get you in trouble: A C&R holder will buy, say, 5 WWII Mausers from a distributor; he will get a quantity discount, plus maybe even free shipping. He then picks out the best rifle to keep, possibly swapping parts to come up with a better rifle. He takes the remaining 4 rifles to a local gun show where he rents a table & sets them out with other guns acquired in a similar manner, & prices them so that the total he gets for them pays for the one rifle that he kept for himself. Sounds slick, doesn't it? Maybe not to a BATFE agent; to him, it looks like the C&R holder is "dealing in firearms without a license".
Obviously the best approach is to just use your C&R for the purpose for which it was intended.
Neal0 -
quote:Originally posted by Rebel_James
I'm in the process of getting a 'C&R' license. As I understand it, I could transfer a firearme to another C&R license holder with no problem. Other than that, I better keep whatever I buy with the license.
The C&R license is for collectors of firearms that are at least 50 years old, but made after 1898, which is in the 'antique' era.
Say you want to buy an 1853 British Enfield civil war era musket? It's ok to buy an original or reproduction without any license at all.
But, if you want to buy an M1 Garand, you can only buy one that was actually made at least 50 years ago. Modern reproductions come under the Federal Firearms act of 1968.
The best thing to do if you want a C&R license is to keep every firearm you buy with it.
A C&R license costs 30 bucks for 3 years. Simple math tells you what it's worth.
"If they won't give us good terms, come back and we'll fight it out."
-- Gen. James Longstreet
While a 50 year old firearm is a C&R, there are many on the list that are less than 50 years old. That is just one of the criteria.0 -
You are legal to sell firearms that you have acquired with your C&R. If the buyer is not a licensee, you must only sell them to people in your state, and they must be 18 for longguns, and 21 for handguns. You must keep that persons info in your bound book. If you purchase a C&R on Gunbroker, and it shows up and is not what you wanted, you can sell it, but if the BATFE shows up on your door step and wants to see your records, they better show where that gun went. The records that a C&R keep are the same that a full FFL keep, except C&R's are not required to do 4473's or NCIS checks.
Also, just because a firearm is 51 years old does not mean it is a C&R. The firearm has to be on the list. After 50 years it is eligible for C&R. I hope this helps.0 -
You may sell to another C&R holder from out of state as well, but the transaction must be face to face at your site of collection. You cannot ship to a C&R holder out of state.
One criteria might be how frequently you sell what you have purchased under the C&R. If you sell off a gun you bought 3 years ago because you have found one in better condition, that is improving the quality of your collection and understandable. If you have several guns going in and out in a few months, that may look like dealing.
He Dog0 -
He Dog,
You can ship a C&R firearm to another C&R license holder out of state.
Only a non-C&R out of stater must meet at your location for the face to face sale to occur.0 -
Mooseyard,
The firearm does NOT have to be "on the list"! There are thousands of firearms that are C&R, but are not "on the list".
Here is part of the regulations:
"Curios or relics" is defined in 27 CFR ? 178.11, as follows:
Firearms which are of special interest to collectors by reason of some quality other than is associated with firearms intended for sporting use or as offensive or defensive weapons. To be recognized as curios or relics, firearms must fall within one of the following categories:
(a) Firearms which were manufactured at least 50 years prior to the current date, but not including replicas thereof;
(b) Firearms which are certified by the curator of a municipal, State, or Federal museum which exhibits firearms to be curios or relics of museum interest; and
(c) Any other firearms which derive a substantial part of their monetary value from the fact that they are novel, rare, bizarre, or because of their association with some historical figure, period, or event. Proof of qualification of a particular firearm under this category may be established by evidence of present value and evidence that like firearms are not available except as collector's items, or that the value of like firearms available in ordinary commercial channels is substantially less.
Read more here: http://www.atf.gov/firearms/relics/
Merc
Insignia?
Nos nullus habitum rancidum insignia!
"Tolerating things you may not necessarily like is part of being free" - Larry Flynt0 -
I'm glad Merc set that straight. One of the few exceptions is that a military firearm must be in it's "original issue" configuration to be considered a C&R, regardless of its age.
He Dog, a C&R holder may sell a C&R RIFLE OR SHOTGUN to a nonlicensee who is a resident of another state in a face-to-face transaction at his premises. Handguns are out.
Neal0
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