|
The "50-year rule" applies to all guns, across the board, made before (as of now) May 5, 1964. That does include machine guns; those are still under the NFA, but the C&R status means they can be shipped directly to a C&R license holder without going through a Class 3 dealer.
Guns less than 50 years old can be declared by BATFE to be C&R IF an application has been made and approved to declare them as such. BATFE will honor the request if the gun or group of guns is museum certified, or "derive a substantial part of their monetary value from the fact that they are novel, rare, bizarre, or because of their association with some historical figure, period, or event." Those guns approved as C&R will be listed in the next C&R list update, or BATFE will provide the status on request.
Jim
|