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A $7,000 M1a1 Post Sample?


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It's gotta be a misprint, he must mean PRE-dealer sample. $6,995 is not a bad price for a pre-sample.

 

Or, the misprint could be he added one too many digits on his price, $699 is not that bad of price for a post-sample! http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/biggrin.gif

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Ok.. I thought I knew a little about this stuff but....why is there a difference? You, "Joe Shmoe Citizen", still can't own it... EVER. So why would a post sample be worth less than a pre-86 sample? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/unsure.gif
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QUOTE (Hawkeye_Joe @ Jan 8 2005, 02:03 PM)
Ok.. I thought I knew a little about this stuff but....why is there a difference? You, "Joe Shmoe Citizen", still can't own it... EVER. So why would a post sample be worth less than a pre-86 sample? http://www.machinegunbooks.com/forums/invboard1_1_2/upload/html/emoticons/unsure.gif

If a dealer gives up his FFL he can keep a pre 86 sample. A post 86 sample has to be sold to another dealer or destroyed.

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But when a former dealer in possession of a pre-1986 sample dies, he or she will not be able to pass the weapon on to their heir, unless their heir happens to be a Class 3 dealer. I am pretty sure this is correct. If so, I wonder how long BATFE will allow the executor of the estate to retain possession before making them dispose of the pre-86 dealer sample?
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Ah, but if the dealer FFL/SOT is a corp, the assets remain with the corp.

Transfer of the corporate assets to the new owner do not require and additional paperwork until the FFL expires. If the new owner fails to renew the FFL (SOT) then the weapons transfer on F4 tax paid. Post samples would have to be disposed of prior to the expiration of the SOT or destroyed.

 

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Question: Can a Corporation that has a active FFL/SOT and acquires a few pre-86 dealer samples, retain these samples if the corporation decides to let the FFL/SOT expire?
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