It'd be cheaper to set up your own gun manufacturing company, apply for some USMC/Army contracts for LMG/GPMGs and develop your own machine gun, all legally, and potentially even making money instead of losing it all buying an antique gun.
No they're cracking down on that, unless you're actually manufacturing machine guns for military contracts and shit, you'll get shut down. You can't just run a company to make your own illegal toys to play with and never make any money or do any real business.
you are spreading bullshit, you don't have to make money you just have to have a goal of making money and keep correct records. Obviously they're cracking down a bit more on joe shmoe running out of his garage but if you have your own place of business and an LLC you can most definitely make your own machine guns. Hell of a lot cheaper than spending 25k on a transferable lower.
As a collectors item it's worth what people will pay. As a piece of machinery or just having the ability to shoot one whenever... no.
>No they're cracking down on that
I mean on your initial IOI visit as long as you're zoned locally to allow it they don't care, but if you're going to be a manufacturer you better have some equipment for them to snap some pics of. I had a gun safe, 3D printer, a desktop CNC machine, and a drill press in a "medium industrial" 900sq ft rental steel building and that was enough.
The only thing they've really "cracked down" on lately is going after people who already have their license for fricking up paperwork and "Law letters" for samples. They'll say "No... your local PD doesn't need a M134, denied." That however does not stop you from manufacturing your own machine gun of any type (w/ 07/02 + ITAR).
>You can't just run a company to make your own illegal toys to play with and never make any money or do any real business.
This part is very true but you can sneak by by being "R&D" and needing guns to test parts you design. Just have to at least try and have something to show when people stop by for inspection. You basically need *something* to show every 3 years. Design a drop in AR trigger, make more iterations every few months, list some for a high price on a $4/month website... done.
They seem to be revoked quite easily as seen from the regular liquidation sells of no law letter lowers on gunbroker that clutter up the listings.
Most are people cashing in on the "no law letter" premium they're allowed to do if they purposely let it lapse with notification that you're going to let it lapse. Manufacture a ton of shit. Sit on it, dump it all when you are "done with the business"/need income badly. You can reapply for your SOT after some time, but they may do a deeper check vs getting it initially for the first time is easy.
>I think you can also make machine guns legally just by getting the right license.
You can, but it's not easy.
1. Need a FFL, but need a "manufacturer" FFL (Type 7, your regular store front FFL is a Type 1)
2. Need a SOT (specicial occupational taxpayer) status from ATF. Specifically, a "class 2" SOT (Manufacturer)
3. Really should pay ITAR (state department thingy, dealing with trafficking in regulated/prohibited munitions)
4. Need a store front / physical location.
5. Might need to jump through local hoops.
And on and on.
And you need to be aware of the difference between pre-86 keepers, transferrables, and post-86 dealer samples.
It's do-able, but it's not something to jump into at a moment's notice.
can an SOT be revoked? what if you have an 07 FFL and you are building normal semi auto AR’s and just hold an 02 SOT for manufacturing mg’s every now and then (couple in your first year and may skip a few years). is there a requirement to build a couple mg’s every year? I’ve always wondered how home based 03 SOTs keep their license when they barely sell a supressor or two a year. sometimes no NFA stuff in the year. I’ve heard of some who do “nfa storage fee’s” but is that really enough to keep the SOT?
Serial numbers don’t multiply value by orders of magnitude unless it’s the following examples >number 1 >serial belonged to famous celebrity >serial was used in famous murder
Otherwise it can only add pedestrian levels of desirability. >oooh oooh this serial range is “low” neat right? >this serial “range” means this example MIGHT have been somewhere cool! huh huh? >this serial has DUBS
I don’t know why I even typed this out the reason this Black person thinks it’s worth 1.5 million is because it’s the most modern GPMG that’s transferable.
Remember, the person who owns this will lobby against YOUR right to own a machinegun to protect his "investment". Repeal the Hughes Amendment, repeal the NFA.
have a nice day, concern trolling Black person homosexual. I own two transferable machine guns. I know at least a dozen people with transferables. There's not a single person I know with a machine gun who wouldn't love to see new machine guns available. I'd happily watch my $30k of machine guns go to nothing overnight in exchange for being able to buy a factory MP7.
No, not even close.
It'd be cheaper to set up your own gun manufacturing company, apply for some USMC/Army contracts for LMG/GPMGs and develop your own machine gun, all legally, and potentially even making money instead of losing it all buying an antique gun.
I think you can also make machine guns legally just by getting the right license.
No they're cracking down on that, unless you're actually manufacturing machine guns for military contracts and shit, you'll get shut down. You can't just run a company to make your own illegal toys to play with and never make any money or do any real business.
Which is 100% pure bullshit. Thats more fake than trans rights.
you are spreading bullshit, you don't have to make money you just have to have a goal of making money and keep correct records. Obviously they're cracking down a bit more on joe shmoe running out of his garage but if you have your own place of business and an LLC you can most definitely make your own machine guns. Hell of a lot cheaper than spending 25k on a transferable lower.
Yeah but if you're "trying" to make money and you NEVER apply for any military contracts, eventually you'll probably get shut down.
As a collectors item it's worth what people will pay. As a piece of machinery or just having the ability to shoot one whenever... no.
>No they're cracking down on that
I mean on your initial IOI visit as long as you're zoned locally to allow it they don't care, but if you're going to be a manufacturer you better have some equipment for them to snap some pics of. I had a gun safe, 3D printer, a desktop CNC machine, and a drill press in a "medium industrial" 900sq ft rental steel building and that was enough.
The only thing they've really "cracked down" on lately is going after people who already have their license for fricking up paperwork and "Law letters" for samples. They'll say "No... your local PD doesn't need a M134, denied." That however does not stop you from manufacturing your own machine gun of any type (w/ 07/02 + ITAR).
>You can't just run a company to make your own illegal toys to play with and never make any money or do any real business.
This part is very true but you can sneak by by being "R&D" and needing guns to test parts you design. Just have to at least try and have something to show when people stop by for inspection. You basically need *something* to show every 3 years. Design a drop in AR trigger, make more iterations every few months, list some for a high price on a $4/month website... done.
Most are people cashing in on the "no law letter" premium they're allowed to do if they purposely let it lapse with notification that you're going to let it lapse. Manufacture a ton of shit. Sit on it, dump it all when you are "done with the business"/need income badly. You can reapply for your SOT after some time, but they may do a deeper check vs getting it initially for the first time is easy.
>I think you can also make machine guns legally just by getting the right license.
You can, but it's not easy.
1. Need a FFL, but need a "manufacturer" FFL (Type 7, your regular store front FFL is a Type 1)
2. Need a SOT (specicial occupational taxpayer) status from ATF. Specifically, a "class 2" SOT (Manufacturer)
3. Really should pay ITAR (state department thingy, dealing with trafficking in regulated/prohibited munitions)
4. Need a store front / physical location.
5. Might need to jump through local hoops.
And on and on.
And you need to be aware of the difference between pre-86 keepers, transferrables, and post-86 dealer samples.
It's do-able, but it's not something to jump into at a moment's notice.
can an SOT be revoked? what if you have an 07 FFL and you are building normal semi auto AR’s and just hold an 02 SOT for manufacturing mg’s every now and then (couple in your first year and may skip a few years). is there a requirement to build a couple mg’s every year? I’ve always wondered how home based 03 SOTs keep their license when they barely sell a supressor or two a year. sometimes no NFA stuff in the year. I’ve heard of some who do “nfa storage fee’s” but is that really enough to keep the SOT?
They seem to be revoked quite easily as seen from the regular liquidation sells of no law letter lowers on gunbroker that clutter up the listings.
FPSRussia was able to do it.
What kind of soulless, gatekeeping and israelite boomer had a machinegun like that and never fired it before?
mag is a shit gun
GTFO
MAG-58, PKM, and MG3 are the Holy Trinity of GPMGs.
>t. M60
>factory price: few thousands
>collector price: 1 Milion
many such cases
>serial number: 00002
Relatively few such cases.
Serial numbers don’t multiply value by orders of magnitude unless it’s the following examples
>number 1
>serial belonged to famous celebrity
>serial was used in famous murder
Otherwise it can only add pedestrian levels of desirability.
>oooh oooh this serial range is “low” neat right?
>this serial “range” means this example MIGHT have been somewhere cool! huh huh?
>this serial has DUBS
I don’t know why I even typed this out the reason this Black person thinks it’s worth 1.5 million is because it’s the most modern GPMG that’s transferable.
Remember, the person who owns this will lobby against YOUR right to own a machinegun to protect his "investment". Repeal the Hughes Amendment, repeal the NFA.
have a nice day, concern trolling Black person homosexual. I own two transferable machine guns. I know at least a dozen people with transferables. There's not a single person I know with a machine gun who wouldn't love to see new machine guns available. I'd happily watch my $30k of machine guns go to nothing overnight in exchange for being able to buy a factory MP7.
Frick off boomer repeal Hughes
Yes. Repeal it. People currently paying the shitty prices are the ones most likely to support getting rid of if. Now post a gun you own.
That dude is insane for not taking that shit to an auction. Hell you can probably bribe an E4 for 100k to "lose" one
maybe if it came with that M2, ammo for both and a truck with mounts for both of them
>$1.5 million
If I were more melanated I would just fricking rob him.
And if you were less melanated you'd realize how easy it is to weld a parts kit together.
Who owns it Dr evil?
>worth
Did someone buy it for over a million dollars?
I know you all are like nogunz college students or whatever, but the market price is to call DLO and buy one of his stack of side-plates for ~150k