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Old October 16, 2009, 01:41 PM   #4
James K
Member In Memoriam
 
Join Date: March 17, 1999
Posts: 24,383
An antique is defined in the law as any firearm made before Jan. 1, 1899. An antique is outside the law, requires no paperwork, and no license to buy or sell. A C&R is a firearm other than an antique which, for one reason or another, has been determined by the Attorney General (previously by the Secretary of the Treasury)* to be a collector's item and not likely to be used in crime. At this time, that includes any firearm made more than fifty years prior to the current date, as well as any firearm made after that that the AG has determined to be a C&R.

Note that some NFA firearms (e.g., a WWII STEN) are C&R items, and interstate transfer to a C&R licensee requires the transfer form and tax, but no Class 3 dealer.

Jim

*That is the way the law reads. In actuality, the decision making has been delegated to BATFE.

JK
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