Comrades - Profiting from Selling 1895 Nagant Revolvers

[CaseHardened]

Now that this Forum has been purchased by Russian Oligarchs, it is time matters turn away from the Capitalistic Pig Glocks, and to the Firearms of the Fatherland.

Ah, the 1895 - so good at keeping the peasants at bay.....

But in the past few years, as soon as the major sources dried up, how they have increased in value !

I acquired mine for $125; many have paid less.

NOW.... the ATF frowns at C&R's purchasing items just for resale.

BUT .... what if when these beauties were selling for $80, I had purchased 50 or so, and worked out a deal with a local FFL to transfer them over to me for a minimal fee. Perhaps you NY types could have done just that.

That would mean I had not used my C&R to purchase them.

Could I not, now, begin SELLING them for $$$ ?

Through GB, to FFL's or C&R's ?

Even here in AssaChewSetts we can sell across State Lines all we wish (I think), as long we do not run afoul of the ATF.

But sadly, I could never have purchased a quantity in the manner I describe, as all Handguns in Mass, sold by an FFL, must be on a Published Roster.

Yes, a Mass FFL could sell me an 1895 as a C&R, or SOG and the like could ship to me, but then I could not buy more than one, mebe two, before running afoul of ATF C&R rules. If I ever sold them.

SO - do any of you regret not stocking up on these when they were cheap ?

AND - what's the least you paid for one ?

 

[S&W Fan]

I’d buy that for a buck and a quarter !

 

[CaseHardened]

I’d buy that for a buck and a quarter !

It's surprising that I thought long and hard about it.

Even regretted it for prolly a week.

 

[C3D]

Regardless of whether you put them through your license or someone else's, the Kommunistka ATF will take a dim view of buying and reselling guns for profit without a proper FFL.

 

[S&W Fan]

Not all that sure how easy is to get the older surplus 7.62x38 ammo but it will shoot the S&W .32 Long cartridge.

 

[CaseHardened]

Regardless of whether you put them through your license or someone else's, the Kommunistka ATF will take a dim view of buying and reselling guns for profit without a proper FFL.

If that's true, I may "instruct" Boris to put a Stop Payment on the Check used to purchase this Forum.

 

[Duke]

weren't those used to motivate russian troops in w w 2 ??

 

[CaseHardened]

weren't those used to motivate russian troops in w w 2 ??

DA -"MOTIVATE".

 

[Bananabandit]

Id like one just for historical and cool factor. Cool cartridge

 

[GOYABEAN]

Not all that sure how easy is to get the older surplus 7.62x38 ammo but it will shoot the S&W .32 Long cartridge.

Not too hard

 

[Mosinitis]

Nagant revolvers were issued to tank crews at the beginning of WWII. It made sense since it was easier to shoot through the narrow openings in the tank. No moving slide and its unique design seals off gases unlike a typical revolver. However they quickly discovered Nagant round didn't have enough stopping power when shot through the German winter coat. They were replaced by TT (Tokarevs). My wife's uncle was a T34 tank driver during WWII. We always sit together during family gatherings and I love to listen to his war stories. He remembers every little detail as if it was yesterday. He survived 2 tanks and one crew, wounds and burns all over the body. Still walks without a cane and of sound mind, God bless him.

 

[Depick]

Is that the same nagant revolver that the cylinder seals up to the barrel so it can be fitted with a suppressor? Or have I just played too much Call of Duty over the years?

 

[Mosinitis]

Is that the same nagant revolver that the cylinder seals up to the barrel so it can be fitted with a suppressor? Or have I just played too much Call of Duty over the years?

Yes, this is correct. It can also be shot from the pocket of a coat. No ejected cases or hot gas to worry about, just leaves a little hole. Old time gangsters would use it like that and blend into the crowd.

 

[Robin]

It was a cool idea for a revolver, still is. I'd love to have one.
Robin

 

[CaseHardened]

Regardless of whether you put them through your license or someone else's, the Kommunistka ATF will take a dim view of buying and reselling guns for profit without a proper FFL.

NOT LEGAL ADVICE

Obviously you can sell any amount of firearms you legally own to an FFL - doesn't matter if a profit is involved or not.

And the ATF doesn't care if a C&R buys 50 of the same Revolver on their C&R. As long as they don't SELL them.

Yes, this is correct. It can also be shot from the pocket of a coat. No ejected cases or hot gas to worry about, just leaves a little hole. Old time gangsters would use it like that and blend into the crowd.

Quite likely the SAFEST Handgun there is.

Unlike so many, the only real danger is from the Muzzle.

 

[CaseHardened]

Regardless of whether you put them through your license or someone else's, the Kommunistka ATF will take a dim view of buying and reselling guns for profit without a proper FFL.

I'll bet it is more complicated than that (it always is).

Depends on the State, whether the firearm is C&R or not, Longgun, Handgun, Magazine (if any), and of course who you sell to (such nonense our laws are).

If you purchased 50 from a local FFL, and in decade or so sold 50 to a local FFL (even at a substantial profit), I'm pretty sure no one would say "boo".

 

[C3D]

NOT LEGAL ADVICE

Obviously you can sell any amount of firearms you legally own to an FFL - doesn't matter if a profit is involved or not.

And the ATF doesn't care if a C&R buys 50 of the same Revolver on their C&R. As long as they don't SELL them.

Your post illustrates why legal advice should not be taken from internet forums.

The OP asked if he could order Nagant's, receive them via an independent 01 FFL, and resell them for profit. Definitely a Kommunistka no-no.

And the first assertion of your post is not 100% correct. You cannot "sell any amount of firearms you legally own to an FFL" if you devote time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms. So if you bought firearms from dealer A to resell them to dealer B, and it met the tests set out in the preceding sentence, you will have begin engaged in unlicensed dealing in firearms.

You are correct insofar as you make occasional sales, exchanges, or purchases of firearms for the enhancement of
your personal collection or for a hobby, or if you sell all or part of your personal collection of firearms.

 

[CaseHardened]

Your post illustrates why legal advice should not be taken from internet forums.

The OP asked if he could order Nagant's, receive them via an independent 01 FFL, and resell them for profit. Definitely a Kommunistka no-no.

And the first assertion of your post is not 100% correct. You cannot "sell any amount of firearms you legally own to an FFL" if you devote time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms. So if you bought firearms from dealer A to resell them to dealer B, and it met the tests set out in the preceding sentence, you will have begin engaged in unlicensed dealing in firearms.

You are correct insofar as you make occasional sales, exchanges, or purchases of firearms for the enhancement of
your personal collection or for a hobby, or if you sell all or part of your personal collection of firearms.

Just goes to prove that in this country, everything is illegal.

And why a lot of established, old-time dealers won't touch anything post 1898.

Sigh - another opportunity to get rich slow, that I admittedly failed to take advantage of a decade ago - gone.

 

[Calculon]

I spoke to an ATF Field Rep about this a couple years ago. He explained it to me in simple terms. As a C&R License Holder you are allowed to buy and sell to "enhance your personal collection." You can buy items, sell items or liquidate your entire collection at any time if you desire. So OP's example to buy 50 Nagant Revolvers as an investment and sit on them until they are worth substantially more is fine.

What you can't do is act like a regular FFL buying and selling on a recurring basis. IANAL so call ATF if you want the info directly.

 

[CaseHardened]

I spoke to an ATF Field Rep about this a couple years ago. He explained it to me in simple terms. As a C&R License Holder you are allowed to buy and sell to "enhance your personal collection." You can buy items, sell items or liquidate your entire collection at any time if you desire. So OP's example to buy 50 Nagant Revolvers as an investment and sit on them until they are worth substantially more is fine.

What you can't do is act like a regular FFL buying and selling on a recurring basis. IANAL so call ATF if you want the info directly.

I'll call the ATF next time I can buy Fifty 1895's for $75 ea.

Which will be never.

But I'll bet some smart cookies DID.