Selling Gun Collections In New York Can Be Arduous, But There Is An Easier Way
Selling Gun Collections In New York Can Be Arduous, But There Is An Easier Way
New York state has some of the nation’s strictest gun control laws and New York City has its own laws. Add in federal laws, and trying to work your way through the maze of laws to sell a gun collection in the Empire State turns into a migraine headache.
How do you sell a gun collection in New York?
The good news, though, is CT Firearms Auction has the remedy. CT Firearms Auction has a Federal Firearms License to buy and sell handguns and long guns, so we know how to follow New York state, New York City 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 York.
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. Under the New York Secure Ammunition and Firearms Enforcement Act of 2013, commonly known as the NY SAFE Act, a background check of a buyer or transferee of a firearm must be performed by a Federal Firearms Licensee before a firearm is sold or transferred by a private person. That includes private sales unless the sale or transfer is between immediate family members.
A person buying a gun from a licensed firearms dealer in New York must pass a federal background check through the National Instant Criminal Background Check System.
In the state of New York, excluding New York City, a license is required to buy a handgun, which is a revolver or a pistol, but a license is not required for buying a shotgun or rifle. The person must be of “good character.”
A person must be 21 years old, a state resident and have no prior felony or serious offense convictions to be eligible for a firearms license in New York.
A license is required to possess a handgun in New York City, and a permit is needed for a shotgun or a rifle. Permits and licenses must be obtained from the New York Police Department License Division. In order to travel to New York City from elsewhere in New York and carry a firearm, a person needs another license granted by the New York City police commissioner.
There is an easier way
That’s why inheriting a gun collection as part of an estate can be overwhelming in the state of New York. We 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 York, please contact the experts at CT Firearms Auction.
The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information.
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