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Posted: 6/7/2024 6:19:07 PM EDT
Trying to do this so it doesn't turn into a what's it worth fishing thread.
A friend who was a one man show 07/02 was killed last month. He had quite a few post samples and I'm helping the family dispose of them. Several I'd assume would be worth more cut up as parts kits, but not sure if that's the case since they are no letter MGs. Are closed GB auctions the best way to get a value? No factory guns but there is an M2, SAW, M240, M60, RPD, RPK, and several subguns. |
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TX, USA
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Posted: 6/7/2024 7:01:36 PM EDT
[#1]
Originally Posted By bigbore: Trying to do this so it doesn't turn into a what's it worth fishing thread. A friend who was a one man show 07/02 was killed last month. He had quite a few post samples and I'm helping the family dispose of them. Several I'd assume would be worth more cut up as parts kits, but not sure if that's the case since they are no letter MGs. Are closed GB auctions the best way to get a value? No factory guns but there is an M2, SAW, M240, M60, RPD, RPK, and several subguns. I agree I think an auction is best way to determine value. |
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Posted: 6/7/2024 8:21:01 PM EDT
[#2]
Quote HistoryOriginally Posted By RenegadeX: I agree I think an auction is best way to determine value. This may be a stupid question, but do these post samples have to go through all the bullshit to transfer that transferables do? Meaning will, probate letters, statements heirs etc.... |
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USA
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Posted: 6/8/2024 8:30:06 AM EDT
[Last Edit: Flevvy]
[#3]
Quote HistoryOriginally Posted By bigbore: This may be a stupid question, but do these post samples have to go through all the bullshit to transfer that transferables do? Meaning will, probate letters, statements heirs etc.... Post-samples can't technically be owned by an individual, so I assume not? Would they not just be under the FFL/company and transfered out of that to another FFL? If that's the case someone who has proper Eforms authorization could initiate the Form 3. |
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Posted: 6/8/2024 9:05:36 AM EDT
[#4]
Quote HistoryOriginally Posted By Flevvy: Post-samples can't technically be owned by an individual, so I assume not? Would they not just be under the FFL/company and transfered out of that to another FFL? If that's the case someone who has proper Eforms authorization could initiate the Form 3. That was going to be my next question. The deceased was the only authorized efile account holder. Can the court appointed administrator create an account to efile these items, or will the administrator have to do everything the paper way? |
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USA
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Posted: 6/8/2024 10:51:50 AM EDT
[Last Edit: Flevvy]
[#5]
Quote HistoryOriginally Posted By bigbore: That was going to be my next question. The deceased was the only authorized efile account holder. Can the court appointed administrator create an account to efile these items, or will the administrator have to do everything the paper way? Oof, yeah since they were the only account holder, that might be an issue. As much as I hate to say, this might require asking ATF for help. Unless by some miracle of business/estate law there's someone that inherited ownership of the company. |
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Posted: 6/8/2024 11:12:30 AM EDT
[#6]
Quote HistoryOriginally Posted By Flevvy: Oof, yeah since they were the only account holder, that might be an issue. As much as I hate to say, this might require asking ATF for help. Unless by some miracle of business/estate law there's someone that inherited ownership of the company. There was no will. ATF has already contacted the family. The family refereed the ATF to their lawyer. I'll likely be the translator/go between for the process. |
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TX, USA
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Posted: 6/8/2024 4:54:42 PM EDT
[#7]
Quote HistoryOriginally Posted By bigbore: This may be a stupid question, but do these post samples have to go through all the bullshit to transfer that transferables do? Meaning will, probate letters, statements heirs etc.... The one I acquired didnt. Just F3. Was handled like a Discontinuation of business. |
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TX, USA
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Posted: 6/8/2024 4:56:01 PM EDT
[Last Edit: RenegadeX]
[#8]
Quote HistoryOriginally Posted By Flevvy: Post-samples can't technically be owned by an individual, so I assume not?. Sure they can if they are FFL/SOT. |
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