Sorry goon and RUT, but stolen off the Parallax site , the following ATF letters refute your thesis:
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From a 1996 BATF letter signed by Charles Bartlett, Acting Chief, Firearms and Explosives Operations Branch.
I have the letter.
"If, after acquiring your license, a firearm is acquired for your personal collection, it must be entered into your bound book whether or not you use your collector's license to purchase the weapon. See 27CFR178.125(f). Any subsequent sale would have to be entered in your bound book records."
Another BATF letter addressing this issue:
Department of the Treasury
Bureau of Alcohol, Tobacco and Firearms
F: PD: FB: FT: nvc
AUG 10 1998
(inside address redacted)
Dear Mr. (redacted):
This is in response to your letter dated July 20, 1998, to the Bureau of Alcohol, Tobacco and Firearms. In your letter, you have inquired whether it is necessary to record the transfer of a curio or relic firearm in your acquisition and disposition records.
Please be advised that, in accordance with 27 CFR 178.125 (g), a licensed collector shall enter into a record each receipt and disposition of firearms curios or relics. Therefore, regardless of whether the curio or relic firearm was obtained using your collector's license, the acquisition must be entered into your records upon receipt. Accordingly, if you, as a licensed collector, dispose of a curio or relic firearm, the disposition also must be entered into your record book regardless of when it was obtained.
We trust the foregoing has been responsive to your request. Should you require additional information or have any questions, please contact us.
Sincerely yours,
(initialed) KRD
for Christopher M. Cuyler
Chief, Firearms Programs Division