I'm also glad such a rare piece of history has been saved. My question is w/ the ATF and its licensing since it's a fully auto firearm and I'm betting it's not registered. Are they going to try and screw her over or will this get some sort of exception?
6 comments:
Since it was likely a pre-86 Bring-back it very well could have been registered, wasn't any different than an SBR or a Can today, back then.
Either way good on the PD for not destroying it and giving the woman a bullshit gift card.
I was told by a Mass cop they saw an original Schofield get melted down from a buy back. Their commanding officer wasn't so reasonable or concerned about history.
It surprises me how many people don't know what they have. I worked for the fire department, and once had a woman come in and say that her husband had passed away and she was getting rid of some of his stuff from his WW2 days.
She had 4 hand grenades and 3 blocks of composition B.
My money is on she not only gets it confiscated by F-Troop, but they fine her as well.
It may or may not be registered. Many vets didn't know or didn't bother registering bring backs. Some did, either at the time or in the '68 amnesty.
If it's registered, the trick will be finding the paperwork or other proof.
If it's not registered, it's not worth $30K. It's only worth the value of the parts kit once the receiver has been destroyed. It's contraband and can only be turned in to the ATF, destroyed or given to certain musueums. The museum can give a tax write off for the donation, but it wouldn't be near $30K
Why would a gun that was designed to be economical to produce be worth $30k? It's a kind of government imposed rationing that runs up the price.
If that item was imported from China these days, it might go for $500, in full auto, if not for the government restrictions on it. We can't even get cheap semiautos from China anymore. One restriction after another, after another - repeal them all!
It wasn't economical to produce in the first place and the majority of them were destroyed after the war. They're rare pieces of history, hence the value.
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