Many questions here...I understand very little about this...
An auction site has a pair of these coming up for auction. I think I recall the same pair coming up for auction a year or so ago. They are neat, but a bit out of my price range, plus I don't have the funds to "eat" should I own one of these and the Federal government decides to collect these if made illegal.
My understanding is if you purchase one of these it has to be held by the seller, I presume, while the BATF and local police do a check? Can take a year? Can be rejected if aforementioned parties wish to do so for no apparent reason??? Which might be why these are being auctioned again. Purchaser last time might not have been approved??? Feel free to correct or criticize anything as I know very little about this.
These are legal because someone in 1934 paid $200 for a tax stamp? Given that was half a year's wages someone paid a year's salary to register the pair. So, what if the tax stamp had been lost on these. Is there a registry or database.
And, given the cost to purchase the tax stamp in 1934, how many were registered then, how many destroyed, and how many hidden somewhere? Which leads to the last question: Let's say an elderly woman presented these to the auction house, knows nothing about them, says sell them, they were her father's and stashed in the garage for 75 years, then what happens?
And, with all of the above, I think a big reason not to purchase is because, even if you are approved to purchase these, it raises a red flag with the local authorities.
I've never handled an Ithaca Auto & Burglar gun before, but they fall into the wow, neat category. Just like a Van Gogh painting. Wow, neat, but I'll never actually handle one.
An auction site has a pair of these coming up for auction. I think I recall the same pair coming up for auction a year or so ago. They are neat, but a bit out of my price range, plus I don't have the funds to "eat" should I own one of these and the Federal government decides to collect these if made illegal.
My understanding is if you purchase one of these it has to be held by the seller, I presume, while the BATF and local police do a check? Can take a year? Can be rejected if aforementioned parties wish to do so for no apparent reason??? Which might be why these are being auctioned again. Purchaser last time might not have been approved??? Feel free to correct or criticize anything as I know very little about this.
These are legal because someone in 1934 paid $200 for a tax stamp? Given that was half a year's wages someone paid a year's salary to register the pair. So, what if the tax stamp had been lost on these. Is there a registry or database.
And, given the cost to purchase the tax stamp in 1934, how many were registered then, how many destroyed, and how many hidden somewhere? Which leads to the last question: Let's say an elderly woman presented these to the auction house, knows nothing about them, says sell them, they were her father's and stashed in the garage for 75 years, then what happens?
And, with all of the above, I think a big reason not to purchase is because, even if you are approved to purchase these, it raises a red flag with the local authorities.
I've never handled an Ithaca Auto & Burglar gun before, but they fall into the wow, neat category. Just like a Van Gogh painting. Wow, neat, but I'll never actually handle one.
