Wrong!
C&R firearms all don't have to be 50 years old to purchase with the license.
As long as the firearm is on the list, you can purchase it. For example, all Manuhrin PPK series are on the list, and lots of them are less than 50 years old. Lots of commeratives are on the list, and you can petition to have a firearm listed by it's serial number if there is some significance to it.
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