Machineguns and NFA in the news

[Bridgeport28A1]

Not sure any thing good for the NFA community will come from the article on Frank Geopfert in Bloomberg today. Frank G. probably likes the publicity.

 

https://www.bloomberg.com/news/features/2018-04-05/how-one-man-got-rich-buying-and-selling-machine-guns-in-america

 

 

 

[Speeddemon02]

For the most part I enjoyed the read, thanks for posting, well the parts that were factual sounding and not biased.

[Petroleum 1]

I saw it on another forum and enjoyed the read. Im not sure about talking machineguns with the press is a good idea but on the other hand explaining the strict controls on their sale could be a good thing too.

[jim c 351]

Really enjoyed the article.

Frank and I bought our first MG the same year.

Now Frank is a millionaire and I'm still a pauper.

Jim C

[Normal1959]

Really enjoyed the article.

Frank and I bought our first MG the same year.

Now Frank is a millionaire and I'm still a pauper.

Jim C

I was a millionaire, bought a few machine guns and now i am a thousandaire

Eric

[ron_brock]

I liked this part of the article:

Recognizing how much care the guns require, Goepfert says he rarely makes purchases that require repairs. Very old guns are often left untouched by his staff of six, since changing them in any way could decrease their value. Some are so delicate that the act of firing them could cause damage.

 

Ron

[RoscoeTurner]

Being a dealer, once Goepfert puts you on his mailing list it seems you can never get him to take your email address off of it.

[NFA amnesty]

God Bless America. He went from rags to riches and has an awesome business model.

[Merry Ploughboy]

Reminds me of the late J. Curtis Earl, who during the 1970s, averaged over 150 machine gun sales annually. His "bound books" covering his three decades as a Class 3 Dealer included ownership at one time or another of 199 Colt Thompsons plus numerous Thompsons from other manufacturers.

[pstidan]

individual on a shooting spree attempts to buy a suppressor in Austin. He was also charged with murder.

http://www.fox7austin.com/news/local-news/car-dealer-helps-shooting-spree-victim-in-south-austin

We wanted to know the process of buying a silencer so we reached out to a local gun shop. "You can purchase it (in store) or you can buy it online. You can't take possession of it just yet until you fill out some paper work. You pay a $200 tax you, get your finger prints and a photo taken," said Michael Cargill the owner of Central Texas Gun Works. According to Cargill you have to wait for the ATF to approve the paper work which can take up to a year.