You will have to obtain a Type 03 FFL – Collector of Curios and Relics, which costs $30 for a 3-year license.

derive a substantial amount of its monetary value from the fact that it is novel, rare, bizarre, or associated with some historical event, period, or figure.

certified as a curio or relic of museum interest by the curator of a municipal, State, or Federal museum that exhibits firearms or.

To be considered a Curio & Relic by the ATF, a machine gun must meet one of the following conditions: Getting replacements parts for the fully-automatic mechanisms of these guns can be a serious pain. That means they’ve had thousands upon thousands of rounds fired through them.

The other negative is that these guns are at least 30 years old.

for example, a Fully-Automatic Colt M4 might cost as much as $30,000. Because manufacturing machine guns became illegal (except for military & law enforcemtn)in 1986, the number of these transferrable machine guns is limited.

The biggest negative to this method is the expense.

Easy to come by – There are lots of pre 1986 machine guns on the market.

But, why would you ever want to do that?!

Pre 1986 Machine Guns are transferable – This means you can sell your machine gun down the road.

For detailed insturctions you can read our article Ten Steps to a Tax Stamp

Fairly simple process – Just Create your $69 Gun Trust, fill out your Form 4 & Form 23, then pick up your machine gun after you receive your Tax Stamp.

There are some Pros and Cons to this method of purchasing a machine gun: And, of course, you need to verify it’s legal to own maching guns in your state. To purchase a machine gun using a Form 4, all you need to do is submit a Form 4 Application to the ATF. We will cover each of these methods in a bit more detail below. 1st – Purchase with a Form 4, 2nd – Get a C & R License. The company has succeeded because of the hard work of it’s employees and owners.You have two options when it comes to purchasing a machine gun that was manufactured before 1986. Today 99% of the MWT’s business is done over the internet. Both are listing sites for used and new firearms which focus on sellers and dealers getting the absolute most for their money and having an effective and secure place to do business online. Now the company owns their own listing site. Since then Midwest Tactical has been a top 10 dealer on Gun Broker for multiple years. When Midwest Tactical started marketing their guns on the internet the business grew exponentially. In 2008 the financial crisis of the recession hit and Midwest Tactical began to buy up machine gun collections across the United States from dealers closing their doors and collectors looking to part with their guns. While making suppressors he began to develop a network with other gun collectors and dealers. During that time Frank started to manufacture suppressors.

was founded in 2005 by Frank and Joy Goepfert.

How to purchase full automatic rifle