Quote:
My first post. I have a C&R license, about a year ago, I ordered a Romanian,
Tokarev, from I.O. in N.C., I wait for months, they kept telling me, I was on
back order, so I finally bought one at a gun show. Then a few weeks ago,I
got a call from I.O., saying that they had found, my back order, and did I still want the gun. So I said yes,and now I have 2. My youngest son, who is over 21, and can legally purchase firearms, wants one of them, so,I understand that it would be ok, to sell Him one, for the amount that I paid
for it.
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You can and
should sell it to him at a higher price than what you paid.
The laws/regs/rulings specifically say (and they use a similar example in the FAQs) that if you acquire a better example of what you want for your collection, you are free to dispose of the one you don't want. No mention is made of any pricing; That's up to you.
You will have to make a record of disposal to him in your book, though.
So.....Since your son has sponged off of you for at least 18 years, you should sell him the extra Tokarev at as much profit as you can squeeze out of him to offset some of the expenses of raising him.
Oh, yeah, and he can't be a "prohibited person," either.