What to Know When Selling Gun Collections in Maryland
How do you sell a gun collection in Maryland?
If you are from Maryland 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 Maryland 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 Maryland.
Be aware of strict State & federal laws
The state of Maryland requires anyone purchasing a firearm from a licensed firearms dealer to complete a Bureau of Alcohol, Tobacco & Firearms transaction form 4473. The dealer is also required to perform a National Instant Criminal Background Check System check on the purchaser. If the buyer is flagged and disallowed from purchasing for unjustified reasons, an appeal process is possible, including challenging results of a criminal background check.
According to state law, an unlicensed person cannot sell or transfer a firearm to any other unlicensed person without having conducted a criminal history background check from a licensed firearms dealer.
No permit is required to purchase a rifle, shotgun or handgun. Purchasers of rifles and shotguns must be 18 years old. Handgun purchasers must be 21 years old.
As it stands, there are no state laws governing the private transaction of a
firearm; anyone who is permitted to own a firearm may sell a firearm.
In Maryland, the state’s handgun roster indicates which handguns may be sold. A person may not sell or offer for sale in the state a handgun manufactured after Jan. 1, 1985, that is not included on the handgun roster.
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Additionally, a Handgun Qualification License is required for handgun purchasers, unless exempted (active duty/retired military with identification cards, active/retired law enforcement with department credentials, federal firearms licensees), as well as certain training and fingerprinting. The state police maintain a permanent record of all handgun transfers. Automatic weapons must be registered with the state police.
Maryland allows for ownership of Class 3 firearms and firearm accessories, including machine guns, suppressors, short-barrel rifles, short shotguns — everything legal under the National Firearms Act registry. However, Maryland requires any person possessing a machine gun to register their gun with the Secretary of Maryland State Police (“DSP”) within 24 hours of acquiring the machine gun and annually thereafter.
Certain models of firearms are banned as assault pistols and assault long guns. It is illegal to possess an assault weapon or a copycat weapon with two or more specified features (folding stock, grenade/flare launcher, flash suppressor) unless owned before Oct. 1, 2013, or received through inheritance from a lawful possessor and not otherwise forbidden to possess. Some Maryland counties have adopted Second Amendment sanctuary resolutions in opposition to the state’s assault weapon laws.
In Maryland, it is also illegal illegal to purchase, sell or manufacture magazines with a capacity of greater than 10 rounds. However, possession of magazines greater than 10 rounds is legal if purchased out of state.
There is an easier way
CT Firearms Auction can guide you through the process of selling any collection, including those with Class 3 items, offering peace of mind from transactional liability.
Auctions often are the best place to sell inherited firearms. Gun collectors come to auctions, looking for rare, fascinating 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 Maryland, 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.