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Old April 10, 2005, 09:47 AM   #4
Person of Interest
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Join Date: March 5, 2005
Posts: 365
The C&R is a collector's license, not a dealer's license. No buying cheap for resale at a profit as this would make you a dealer.

If you collect C&R guns, which would be anything 50 years old or are specifically listed, you order direct from seller/dealer and don't have to pay a transfer dealer. C&R license is cheap, like $10 per year. The record keeping is minimal, just a log of guns bought using the license noting when and from whom it was acquired and when and to whom it was sold. ATF can ask to see your book but no unannounced visits are allowed and you can ask to take your book to their local office if you don't want the agents in your home (and you don't).

If you have no interest in older guns, there's no point in getting a C&R except, as noted, some states give license holders a break on waiting periods, background checks, etc. Also, Brownells, maybe others, give discounts to C&R holders on parts and accessories. Some shooters get the C&R just save money on parts.

I researched this and didn't find any real drawbacks to having a C&R license while there are several advantages. I have one.
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