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Discussion Starter · #61 ·
Id get that in writing from the ATF and apply it to your listing and I think that would give a good solid argument for the valuation. Good luck!


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Thank you! And thank you for FTF explanation earlier!
 

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From the look of gun auctions King Cobras are everywhere in numbers...they must be cranking them out....this shows QC is ho-hum...I'm betting this ain't the only one...
 

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Discussion Starter · #63 ·
From the look of gun auctions King Cobras are everywhere in numbers...they must be cranking them out....this shows QC is ho-hum...I'm betting this ain't the only one...
This was originally posted two years ago and no others have shown up but, you never know!
 

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To help all of the experts understand the marking requirements please see the highlighted area below hope it will help some folks:

"Identification of Firearms The GCA at 18 U.S.C. 923(i) provides, in part, that licensed manufacturers and importers must “identify” each firearm manufactured or imported by a serial number in the manner prescribed by regulation. Federal regulations at 27 CFR 478.92(a)(1) further require importers and manufacturers to identify each firearm by engraving, casting, stamping (impressing), or otherwise conspicuously placing the individual serial number and certain additional information - the model (if designated), caliber/gauge, manufacturer’s name, and place of origin on the frame, receiver, or barrel - at a minimum depth. Section 478.92(a)(2) specifies that a “firearm frame or receiver that is not a component part of a complete weapon at the time it is sold, shipped, or otherwise disposed of … must be identified as required by this section.” Because dealer-gunsmiths are not required to identify firearms manufactured, it is incumbent upon the importer or manufacturer, prior to shipping firearms to a dealer-gunsmith for gunsmithing services, to mark them with a serial number and other required information. With regard to frames and receivers shipped separately, section 478.92(a)(2) provides, in part, that the manufacturer or importer must mark all frames and receivers prior to shipment with all information required by section 478.92 (i.e., serial number, model (if designated), caliber/gauge, manufacturer’s name, and place of origin). This will ensure that the frames and receivers can be traced by ATF in the event they are lost or stolen during the manufacturing process. Held, any person licensed as a dealer-gunsmith who repairs, modifies, embellishes, refurbishes, or installs parts in or on firearms (frames, receivers, or otherwise) for, or on behalf of a licensed importer or licensed manufacturer, is not required to be licensed as a manufacturer under the Gun Control Act, provided the firearms for which such services are rendered are: (1) not owned, in whole or in part, by the dealer-gunsmith; (2) returned by the dealer-gunsmith to the importer or manufacturer upon completion of the manufacturing processes, and not sold or distributed to any person outside the manufacturing process; and (3) already properly identified/marked by the importer or manufacturer in accordance with Federal law and regulations. This ruling is limited to an interpretation of the requirements imposed upon importers, manufacturers, and dealer-gunsmiths under the Gun Control Act of 1968, and does not apply to persons making or manufacturing firearms subject to the National Firearms Act, 26 U.S.C. 5801 et. seq. Revenue Ruling 55-342, C.B. 1955-1, 562, is hereby clarified. To the extent this ruling may be inconsistent with any prior letter rulings, they are hereby superseded."
 

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anyone ever see what the high bid ended up on the gun? I find what's it worth questions on forums usually comes in with prices lower than auction or classified selling prices. I think the reason being is most folks on forums really know what something is worth to them, have a collection and know a fair deal when they see something. But there's a lot of people that want the one of a kind rarity, or have more money than sense.
I always say the way I would ask the question is, If you came across this "gun, car, motorbike, sword" how much would you sell it for? jim
 

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This was originally posted two years ago and no others have shown up but, you never know!
Is there a letter from ATF regarding legality? On what basis do they determine it is legal? Absent that I'm surprised GB allows it to be posted.

If the gun is as presented I don't see much additional value in it, all one needs to do is screw on a new barrel.
 

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I bought a Magnum Research BFR in 475 linebaugh. Something seemed off. I finally figured it out. It had a 45 barrel on it. Imagine had I fired it?
 
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