consignment firearme

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  • k arga
    Senior Member
    • Aug 2009
    • 566

    #1

    consignment firearme

    I have put a couple of shotguns on consignment and they have not sold, now I am told that I have to do a 4473 to take them back, why, bound book would show gun in and gun out to same person not a sale.

    kurt
  • lyman
    Administrator - OFC
    • Aug 2009
    • 11296

    #2
    depends on how the local off ice and how the folks at the LGS interpret the rules,


    repairs can be returned w/o a background,

    Consignments are usually entered in the bound book as inventory (vs entered in the repair book) and would need a BGC done,

    I have been told by one Compliance guy (ATF) that I could return if needed and another that I would need to have them fill out the paperwork and run a BGC,


    I'm a FFL/SOT btw

    Comment

    • Major Tom
      Very Senior Member - OFC
      • Aug 2009
      • 6181

      #3
      Simpsons LLC in Galesburg, IL has that same policy. Since I am not a resident of Illinois, the would have to send MY firearm to a FFL in Iowa for me to get it back. I have sold a few firearms thru Simpsons, but I dislike their 20% fee for selling them. I use Simpsons because of their very extensive customer base. Sometimes it takes months for a gun to sell tho.

      Comment

      • clintonhater
        Senior Member
        • Nov 2015
        • 5220

        #4
        Originally posted by lyman
        Consignments are usually entered in the bound book as inventory (vs entered in the repair book) and would need a BGC done,
        Then the intelligent thing to do is have the gun listed only in the repair book, but "for sale" if any customer is ready to buy it then & there, in which case it could be transferred to the consignment book. And whatever the red tape BS, it should have been explained clearly to the owner of the gun before he left it with the dealer.

        Comment

        • lyman
          Administrator - OFC
          • Aug 2009
          • 11296

          #5
          Originally posted by clintonhater
          Then the intelligent thing to do is have the gun listed only in the repair book, but "for sale" if any customer is ready to buy it then & there, in which case it could be transferred to the consignment book. And whatever the red tape BS, it should have been explained clearly to the owner of the gun before he left it with the dealer.
          that is a possibility, but if one was to get an inspection, they you would have to explain why a gun for sale is in the repair book, not the bound book,

          easy enough fix,

          Comment

          • JimF
            Senior Member
            • Aug 2009
            • 1179

            #6
            Be glad you don’t live in Connecticut!

            If a widow brings in her dead husband’s handgun to a dealer . . . and does NOT have a handgun carry permit . . . .and if the gun doesn’t sell, and she wishes to try another store . . . . .she CANNOT get the gun back!

            Legalized EXTORTION!!!

            Comment

            • clintonhater
              Senior Member
              • Nov 2015
              • 5220

              #7
              Originally posted by lyman
              that is a possibility, but if one was to get an inspection, they you would have to explain why a gun for sale is in the repair book, not the bound book,
              The alleged "repair" gun is in the rack with those that are for sale. Customer comes up, likes the gun, asks if it's for sale; dealer says yes, if you're ready to buy it, & the gun is re-booked.

              Comment

              • k arga
                Senior Member
                • Aug 2009
                • 566

                #8
                JimF, I lived in newtown ct for 56yrs before retiring to sc whole lot better down here.

                Comment

                • lyman
                  Administrator - OFC
                  • Aug 2009
                  • 11296

                  #9
                  Originally posted by clintonhater
                  The alleged "repair" gun is in the rack with those that are for sale. Customer comes up, likes the gun, asks if it's for sale; dealer says yes, if you're ready to buy it, & the gun is re-booked.
                  hence the comment easy enough fix

                  Comment

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