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Unread 02-11-2009, 08:41 AM   #1
gsdave
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Default Trading/Buying Firearms?

I am selling an old Ford pickup and I had a guy from Montgomery offer me an AR-15 and a Rock Island Armory 1911 .45 handgun for the truck. What is the correct way of going about this? I know if I go to a gun shop and buy a pistol, I'd have to fill out forms and go through a waiting period.
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Unread 02-11-2009, 08:47 AM   #2
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HMMM.... Where's Rich?????? He knows about this kinda stuff.
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Unread 02-11-2009, 01:41 PM   #3
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Quote:
Originally Posted by gsdave View Post
I am selling an old Ford pickup and I had a guy from Montgomery offer me an AR-15 and a Rock Island Armory 1911 .45 handgun for the truck. What is the correct way of going about this? I know if I go to a gun shop and buy a pistol, I'd have to fill out forms and go through a waiting period.
I'm not sure what the laws are pertaining to interstate transport of firearms but I would definately get the serial numbers and have your local sheriff's Office run them through NCIC to make sure they're not stolen. What brand is the AR? You can buy off brands (Bushmaster)for $500.00 and up. I have a Colt HBar Sporter A-2 that cost $1100.00 new in 1991 but it's probably worth around $1500.00 now. My agency issued me a new 1973 M16 so I don't use mine anymore, but it's not for sale. Rich will chime in on this I'm sure. I have no idea what that .45 is worth, I'm not familiar with that brand.
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Unread 02-11-2009, 01:49 PM   #4
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From what I've seen on the .45, it seems to be worth $350 or so and the reviews I've found online seem good.

The AR-15 is "is based on a Double Star receiver with a DPMS 20" heavy barrel and olive drab furniture." That's his description. He says he is the original owner of both.
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Unread 02-11-2009, 02:03 PM   #5
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Private sale or exchange of firearms is permitted without the background check and waiting period required if you buy at a gunshop.

Interstate shipping is a different story. The seller must have an FFL dealer ship the firearm out of state to another FFL dealer in the receiving state. The customer can then pick them up from the dealer in his own state.

There is usually a charge on both ends for this courtesy service.

Or, you could just physically meet somewhere convenient to the both of you and perform the private exchange.
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Unread 02-11-2009, 02:05 PM   #6
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Well, we would be physically meeting somewhere for the exchange since he would have to get the truck.

Thanks for the info!
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Unread 02-11-2009, 02:16 PM   #7
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Here's the scoop, at least as I understand it right now.

In a transfer of a firearm between residents of different states, the RECIPIENT must utilize a local FFL for the transfer. The sender is not required to use a FFL to transfer the gun to the receiving FFL. The sender IS responsible for receiving verification that the gun is actually going to a legitimate holder of a FFL.

Since this trade involves firearms, the one trading the firearms to another is considered to be the seller of the firearms. Since he is in Montgomery, and therefore out of state, the recipient must utilize a FFL for the transfer of ownership, and therefore fill out the necessary paperwork when picking up the firearms from the local FFL.

The important legal criteria here is "residency". Although the guy can drive down into Florida, he will still be a resident of Alabama, regardless of where he physically is located at the time of the transfer. So meeting him in person and directly transferring the guns from him to you without a FFL involved, is against federal law for both parties involved.
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