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Showing results for tags 'MP5'.
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Hello Fellow members: I came across a very interesting auction for MP5s. I am posting this here because I know many of you understand the NFA process and difference between Post Samples, Pre Samples and Fully Transferable guns. The auction is by the Miami Dade police department selling off some inventory so the funds can be used to purchase equipment for the Swat team. Follows in Italics is the language from the ad. First one fact. Almost all the MP5s in the registry as transferable are converted HK94s and remarked to say MP5 on the receiver but the paperwork still says HK94. Another belief is that there are only a half dozen Real MP5s in the registry and that is because they were here prior to the 1968 cutoff. Reason: They were too expensive and not well known in the mid 60s. HK was having a whale of a time getting sales for these guns. the ad follows These firearms and suppressors are National Firearms Act items. These firearms and suppressors must be transferred on an ATF Form 5. Although it is not required by the ATF, we are requiring that anyone wishing to procure these items have a federal firearms license. The firearms were imported for government/law enforcement use and not as sales samples. The sales sample restriction remains on the firearm for the life of the firearm. However, firearms imported for government use and were actually used by the government agency, i.e. weren’t imported to circumvent the National Firearms Act (NFA) import restrictions, may be transferred by the government agency. Here, the firearms were imported for the government agency and actually used by the agency for approximately 30 years, so the import clearly wasn’t intended to circumvent the NFA import restrictions, thus the firearms are transferable. The Miami-Dade Police Department will be transferring the firearms on an ATF Form 5 to the winning bidders. They may then be transferred on an ATF Form 4. These are fully transferable weapons. Another part of the ad All of the information provided in requirements was derived directly from the NFA branch of the ATF. I will stress that this is not a claim! We have already successfully transferred four of these weapons (same circumstances and from the same batch of MP5 9mm's) in the previous month and all followed the same ATF guidelines. I called the number in the ad and the person said all the above info that he is relying on came from ATF and he copied and pasted from an e mail he got. He was NOT willing to either give me a copy of what he got or any name of anyone in the NFA branch who could confirm this. If true, these guns are worth a fortune and there are about 6 left. the first two sold in the mod twenties and the two that just sold fetched 48 with buyer premium. Many of us have seen Pre86 samples transfer on a form 3 without any restrictions since it was erroneously left of the form. That doesnt change the status and that sample is not fully transferable to an non FLL/SOT. It is my understanding that if its imported after the 68 cutoff, that it cannot be fully transferable regardless of the intentions and regardless of how long the dept had them. below is a link to the actual ad and I would be very interested to hear any input and comments https://www.govdeals.com/index.cfm?fa=Main.Item&itemid=7629&acctid=7167 The auction was for one week and the bids jumped from 24k to 48k on the last day!!! Anyone that I shared this auction with did not believe the claims that they are fully transferable. The guns are rough and needed to be refinished. The gamble that I wouldnt take is to bid, buy the gun, get it on a form 3 with no restrictions. Then sell it and have the form 4 disapproved and then "try" to recover the purchase price from the seller 6 months or more after the initial auction purchase!! Good luck with that. No one that I know would bid on that since they did not believe the unfounded representations. I am anxious to hear board members opinions on this
