Selling Gun Collections In New Jersey Can Be Onerous, But There Is An Easier Way
New Jersey ranks only behind California when it comes to difficulty in buying and selling guns, so selling a gun collection in New Jersey is complicated. So it’s not surprising New Jersey has the lowest gun ownership rate in the United States at 14.7 percent of the state’s population.
How do you sell a gun collection in New Jersey?
If you are from New Jersey and want to sell your gun collection, CT Firearms Auction can help. CT Firearms Auction has a Federal Firearms License to buy and sell handguns and long guns, so we know how to follow New Jersey and federal laws. We have extensive experience in buying gun collections from private collections and estates throughout the country. We are interested in talking to anyone selling gun collections in New Jersey.
Be aware of strict State & federal laws
In most states, private citizens do not need a Federal Firearms License to make a private sale. But they must abide by state and federal regulations, and those regulations are extensive in New Jersey.
A Firearm Identification Card or Permit to Purchase is required in New Jersey to buy, transfer or sell a gun. You must apply through your local police department. If you do not have a local police department you must apply through the New Jersey State Police station that covers your municipality. Out-of-state residents may only apply for a Firearms Purchaser Identification Card through the New Jersey State Police.
Buying a gun in New Jersey also includes a background check, two references who aren’t relatives and you have to consent to a search of mental health records. If you are a first-time applicant you will need to be fingerprinted. New Jersey also bans certain weapons it defines as “assault firearms.”
There is an easier way
That’s why inheriting a gun collection as part of an estate can be overwhelming in New Jersey. CT Firearms Auction can guide you through the process of selling the collection.
Auctions often are the best place to sell inherited firearms. Gun collectors come to auctions, looking for rare, interesting and valuable firearms. Many firearms sold at auction are part of an inheritance or personal collection.
Firearm auctions enable sellers to get the best price for their guns. Instead of haggling with the retail dealer, auction houses appraise the value for a starting bid. From there, it is worth whatever a collector is willing to pay. Auction houses take a simple commission. Beware of hidden fees.
If you are interested in selling your gun collection in New Jersey, please contact the experts at CT Firearms Auction.
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