
Curio And Relics
#1
Posted 05 March 2006 - 12:58 AM
#2
Posted 05 March 2006 - 02:07 AM
The form is ATF Form 7CR. Submit a copy, with a certificate of compliance and a 30 dollar check to the ATF in Atlanta and you should be good to go. You also are required to send a second copy of the ATF Form 7CR only (no check or certificate of compliance) to your CLEO to announce your intentions. Instructions and forms are available from the ATF's website. I would suggest that you call or fill in the web form to get the forms sent to your house.
I must be getting old and stupid because I don't know what you mean by "waht advantage/disadvantage is there." Advantage? Getting cool guns directly to your front door is an advantage. WH 1928 .22's and full auto M1's have been on the C&R list for a few years. Just recently - and thanks to some devoted Thompson collectors out there, the ATF ruled that ALL Thompsons are now subject to C&R rules that were registered before May 19, 1986 regardless of who made them and as long as they were legally registered previously on a form 1 or a form 4.
Disadvantage to having a C&R? None, other than the obvious draw on your checking account when you add to your collection.
Chris.
P.S. You should donate to this site. If you are willing to spend $30 for the C&R, slipping a twenty spot to Nick and Frank for all of the info you have received since you joined is a small price to pay....
#3
Posted 05 March 2006 - 02:26 AM
#4
Posted 05 March 2006 - 02:33 AM
Nope. The 7CR to the ATF does not require CLEO signoff.
Chris.
#5
Posted 05 March 2006 - 08:47 AM
Advantage
---------------
When is comes to Semi-Auto firearms that are on the C&R list you can get these mailed from anywhere in the US to your front door. Whether it be from on OnLine Store or some guy from the OnLine Auctions sites.
Some OnLine stores will provide discounts if you mail/fax them your C&R. I know MidWay does this.
No background checks when purchasing C&R items at gunshows. Just give them a copy of your license and move on (get a copy of their FFL). Now it takes 2 minutes to complete the transaction as opposed to 20 minutes.
Disadvantage
----------------------
C&R purchases must be documented (a very small detail, but still something that must be done. ) as ATF will request this if they decide to do a spot check.
If you like to buy and sell C&R items, don't get a C&R license because the license says you are a collector and if your paperwork shows numerous transactions they will consider you a dealer.
Class III
---------------
This is my understanding (anyone please correct me if wrong).
If you buy a Colt Thompson and have a C&R license, it still must have a Form 5 from the person to another dealer if out of state then to your dealer as well and you still must wait the 3+ months while it sits at the dealers shop.
If you buy it from you neighbor, he "may - please confirm" be able to ship it to you but once again, after the 3+ months of waiting for the Form 4 to be approved. So, it becomes a choice of who do you want to hold it (the dealer or the guy selling it).
#6
Posted 05 March 2006 - 08:47 AM
I have donated in the past and will again. My status never changed after donation.
This is the best site bar none.
thanks
#7
Posted 05 March 2006 - 08:59 AM
If you are buying an C&R and have a C&R license you can deal directly with the owner, dealer or not, in state or out of state. Once approved the gun can be shipped to you directly. In the case of NFA, only one transfer and therefore one tax stamp is needed as well. Well worth the $30 fee for 3 yrs. Get one, you won't regret it !!
Chuck
#8
Posted 05 March 2006 - 09:53 AM
QUOTE (cavediver @ Mar 5 2006, 08:47 AM) |
I have donated in the past and will again. My status never changed after donation. |
Alot board members lost their "Sponsor" status several weeks ago when the board crashed. My guess is Nick hasn't had time to straighten it out.
#9
Posted 05 March 2006 - 11:38 AM
QUOTE (First Sergeant @ Mar 5 2006, 08:59 AM) |
Jim, If you are buying an C&R and have a C&R license you can deal directly with the owner, dealer or not, in state or out of state. Once approved the gun can be shipped to you directly. In the case of NFA, only one transfer and therefore one tax stamp is needed as well. Well worth the $30 fee for 3 yrs. Get one, you won't regret it !! Chuck |
If I understand this correctly, it means the person you bought it from in the other state would hold it until the Form 4 gets approved? Once approved, he would then ship it to you?
#10
Posted 05 March 2006 - 12:10 PM
Seems rather minor, but some people have a fear (phobia?) about letting the ATF in thier house.
#11
Posted 05 March 2006 - 05:20 PM
That is correct, the current owner will hold it until the form is approved. BAFTE will send them the approved form and then He/She can then ship the gun and approved form to you.
Chuck
#12
Posted 05 March 2006 - 08:10 PM
I just completed a out of state transfer with my C&R. no middleman needed.
#13
Posted 05 March 2006 - 09:13 PM
#14
Posted 05 March 2006 - 09:21 PM
This avoids some issues where the seller could be using YOUR item for weekend enjoyment and eventually giving you an item in a condition that is different from what you remember.
#15
Posted 05 March 2006 - 09:53 PM
#16
Posted 05 March 2006 - 10:03 PM
#17
Posted 05 March 2006 - 10:12 PM
It does - not to get the license, but to purchase any CIII stuff.
Someone here mentioned having the audit at the BATFE location instead of your home, maybe you can request it but not demand it. They have the right (ie you don't have the right to say NO) to come in and search your premises if they have a reason to since they made you sign your approval of that when you get the license.
#18
Posted 05 March 2006 - 10:28 PM
QUOTE (JimFromFL @ Mar 5 2006, 09:21 PM) |
I guess if you trust the seller, it works out great, but for me, I feel more comfortable with my Class III guy holding the item until sign off of the Form 4. This avoids some issues where the seller could be using YOUR item for weekend enjoyment and eventually giving you an item in a condition that is different from what you remember. |
If there is a question about the seller using the weapon while paper work is pending, the buyer can take all components but the receiver. That might make it a little inconvenient for the seller to go plinking.
#19
Posted 06 March 2006 - 07:26 AM
QUOTE (giantpanda4 @ Mar 5 2006, 10:12 PM) |
Someone here mentioned having the audit at the BATFE location instead of your home, maybe you can request it but not demand it. They have the right (ie you don't have the right to say NO) to come in and search your premises if they have a reason to since they made you sign your approval of that when you get the license. |
No offense, but that is not correct. 923(g)(1)(D) clearly states that the BATF does not have the "right" (or more properly, "the authority" to search one's home during a compliance inspection. Moreover, a C&R FFL holder does have "the right" to say "no" to a request to hold the compliance inspection at home. Simply holding a C&R FFL does not negate one's Fourth Amendment rights. Bottom line: short of a court-ordered warrant, the BATF does not have the right to either search or enter one's private residence.
923(g)(1)(D) At the election of a licensed collector, the annual inspection of records and inventory permitted under this paragraph shall be performed at the office of the Secretary designated for such inspections which is located in closest proximity to the premises where the inventory and records of such licensed collectotr are located.
#20
Posted 06 March 2006 - 07:45 AM
- One of the best benefits to a C&R license is the ability to move your C&R guns interstate without the need for a 5320.20 form. That means you throw your Thompsons in the trunk for the annual TaTa shoot without getting BATF approval to move them.
- The ATF has no right of inspection on a C&R licensee other than the right to see your bound book. This means there is no right for ATF to see any of your guns (unless they uncover a problem in your bound book and obtain a search warrant). The bound book inspection can, at your option, be done at the field office instead of your home.