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The Range
NFA & Class III Discussion
Not a Dumb question, but certainly one out of ignorance
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<blockquote data-quote="Nighthawk" data-source="post: 2205897" data-attributes="member: 3906"><p>Registered NFA full auto is one of the best investments a person can make, better than gold, land and stocks. Because of supply and demand there are only so many transferable NFA weapons the civilian population can own. </p><p></p><p>The more people that discover this and invest, the more the prices are driven higher. The only way those prices will ever come down is if the NFA is repealed, and chances of that are slim to nothing. </p><p></p><p>A very good way of seeing this is just by looking at the chart CAR-AR-M16 posted, and looking at the machine gun guide, or better than that just follow the prices on <a href="http://www.sturmgewehr.com" target="_blank">http://www.sturmgewehr.com</a> that is where most people that buy and sell NFA weapons go. </p><p></p><p>Yes, I know it is becoming a rich mans investment, but all things are relative. I remember many, many years ago purchasing several Registered Drop In Auto Sears (RDIAS) and later selling some of those RDIAS to purchase other NFA items. At the time they were only $350. each, look at how much they are worth today, but at that time $350. was a lot of money.</p><p></p><p>Another very good example, is the MAC 10 powder springs .45, it was first sold for $150. and you had a choice, purchase it in semi auto, or purchase it in full Auto which would cost $200. more for the NFA tax stamp, the price for the weapon was the same. Now they sell for around $5000. or higher.</p><p></p><p>Yes if you are in business and have a 07 FFL SOT, you can manufacture machine guns and several other other things too. They go on a form 1, but if you sell to another SOT that SOT will need a law demo letter before ATF will sign off on that purchase, there is no $200 tax stamp when selling between 07 FFL SOT's. That weapon can also be sold to LE departments or DoD still no tax stamp. Being a 07 FFL SOT is not an inexpensive thing, it will cost you money, and you have to show that you are in business to sell weapons not to just build your collection. If you like to invent and enjoy the challenge of converting semi auto to full auto, which I do, this might be the way to go for you. If you ever let the SOT part of the license go, you either have to sell or give away to the correct legal places or cut up or surrender those Full Auto weapons to ATF. That is why during this part of the year you will find many Post samples being sold, these are people giving up the SOT part of their license. </p><p> </p><p>I hope this helps,</p><p></p><p>Mark</p></blockquote><p></p>
[QUOTE="Nighthawk, post: 2205897, member: 3906"] Registered NFA full auto is one of the best investments a person can make, better than gold, land and stocks. Because of supply and demand there are only so many transferable NFA weapons the civilian population can own. The more people that discover this and invest, the more the prices are driven higher. The only way those prices will ever come down is if the NFA is repealed, and chances of that are slim to nothing. A very good way of seeing this is just by looking at the chart CAR-AR-M16 posted, and looking at the machine gun guide, or better than that just follow the prices on [url]http://www.sturmgewehr.com[/url] that is where most people that buy and sell NFA weapons go. Yes, I know it is becoming a rich mans investment, but all things are relative. I remember many, many years ago purchasing several Registered Drop In Auto Sears (RDIAS) and later selling some of those RDIAS to purchase other NFA items. At the time they were only $350. each, look at how much they are worth today, but at that time $350. was a lot of money. Another very good example, is the MAC 10 powder springs .45, it was first sold for $150. and you had a choice, purchase it in semi auto, or purchase it in full Auto which would cost $200. more for the NFA tax stamp, the price for the weapon was the same. Now they sell for around $5000. or higher. Yes if you are in business and have a 07 FFL SOT, you can manufacture machine guns and several other other things too. They go on a form 1, but if you sell to another SOT that SOT will need a law demo letter before ATF will sign off on that purchase, there is no $200 tax stamp when selling between 07 FFL SOT's. That weapon can also be sold to LE departments or DoD still no tax stamp. Being a 07 FFL SOT is not an inexpensive thing, it will cost you money, and you have to show that you are in business to sell weapons not to just build your collection. If you like to invent and enjoy the challenge of converting semi auto to full auto, which I do, this might be the way to go for you. If you ever let the SOT part of the license go, you either have to sell or give away to the correct legal places or cut up or surrender those Full Auto weapons to ATF. That is why during this part of the year you will find many Post samples being sold, these are people giving up the SOT part of their license. I hope this helps, Mark [/QUOTE]
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