All C&R buys/sells, EVEN IF YOU DON'T USE THE LICENSE TO OBTAIN THEM!
Yup.Any C&R eligible gun you acquire, while you hold a valid C&R license must be logged in (or out, in the case of getting rid of one). Also dont forget that any non-NFA gun that is at least 50 years old is C&R eligible. So, I f you go to the local shop, and buy a S&W made in 1957, you need to log it, as it's 51 years old, and is a C&R eligible gun.Plus side is, you can order that same gun off the net, shipped to your door.
I mention it as some people only think of antiques, milsurps, etc when they think C&R gun, and some also think thoat ONLY what is on the BATFE's C&R list is eligible, when the law actually says it's any title 1 firearm that is over 50 years old, OR is on thier special C&R list because they exempted it from the "over 50 year old rule" due to it's historic significance, theres something inherintly unusual/collectable about it, etc.
I had to log an old, unfireable Iver Johnson revolver, Grandpa's Astra 600, and Grandma's Galesi .25acp mouse gun, as all 3 were more than 50 years old when my dad was transferring a bunch of his handguns to me, most of which had to go thru an FFL, not being C&R guns, and not thinking to ask him the dates on any of them, those 3 went through the same FFL at the same time as the rest, when they didnt need too, but I had to log them either way. Transfer fee was only $10 per gun, so no biggie, but had I been thinking about it, I coulda saved $30. Oh well.
all that said, I have never heard of anyone with a C&R license getting audited by the BATFE, and the topic has come up MANY times, on MANY forums, for MANY years.But, if you end up being the first one ever picked, I'd suggest your book be correct and squared away.The BATFE is not known for it's sense of humor, nor it's forgive and forget" attitude.