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how to sell nfa items
doucmynr1
Member Posts: 1 ✭
I hope someone can give me some advice on this. Due to medical problems I need to sell a couple of NFA items, auto-weapons. Is there any way I can list these for buyers within a reasonable area to me (10 miles north of Reading Pa.) who knows a proper dealer thru whom we could make this transaction?
Comments
Try this for starters. Search thru them and see if there are any Class 3 dealers near you.
https://www.gunbroker.com/ffl/index
The process of selling and transferring NFA weapons to private buyers is going to be the same whether you use a dealer in your own state or ship it to me here in Florida (I am a Class 3 SOT/Dealer).
If these are machineguns they are going to be in high demand and limiting potential buyers to those living in Pennsylvania could your getting hundreds, or even thousands of $$$ less than what you might have seen if the listing was nationwide.
By the way, when I said "Ship it to me here in Florida," this was simply an example.
If you list the items here on GB I might bid, otherwise I'm not remotely suggesting that I get involved in the transaction.
You can list it as a class 3 or nfs item. Then when sold your local dealer will ship to buyers dealer. There are a few good dealers in your area
When I sold my NFA firearms I found a dealer 250 miles away that made me a better offer than I could get locally. I elected to just take them to him. Now this cost me more to do than just having a local dealer ship them (even with $2.00 gas) but I'm retired, have the time, love to travel, and wanted to see what he had available that I might want to buy. The downside of this is that I had to get ATF permission to take them out of state but I was in no rush.
Maybe I'm confused but wasn't there a $200 transfer fee involved somewhere in shipping from/to other dealers?
The easiest method of selling his machine guns, assuming they are transferable on form 4 machine guns, would be to try and make a deal with an NFA dealer. He probably would not get top dollar obviously but it is by far the easiest.
If they are on a form 4 and he sells them to a private party in another state there will be two tax stamps and a loooong wait. Current wait times are close to a year on the ones we've been getting back. The Efile is supposed to speed things up but as of yet we don't know how much and there are definite drawbacks to that as well.
If I were a private party I would offer them to a few reputable NFA dealers and see what they offer, if he bought them some time ago he most likely made a crapload of money since they seem to go higher and higher every year.
Yes, if the machine gun is on a form 4 there would be a form 4 transfer from the private individual to the dealer which is a $200 stamp and the long wait. There would then be the same thing from the dealer to the buyer.
In the grand scheme of things its not the tax stamps that suck but the double wait. $400 isn't a big deal when the cheapest transferable machine gun on the market is probably around $4000.
Still kicking myself for not buying a M-60 about 45 years ago.
Fellow had it at a local gun show, wanted 5,600.00.😕
Put them on Craigslist.
Great way to make some new friends, mohawk600. 🤣
Would eventually need soap on a rope.😕