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Putting a large collection on consignment, question

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  • Baboosh
    Calguns Addict
    • Jun 2008
    • 6769

    Putting a large collection on consignment, question

    250+ guns in collection, do we have to do Acquisition paperwork for every single one with the seller there or can we do 1 paper DROS with thumbprint and make copied and then enter all guns into Acquisition?

    Even if we average 3 minutes per Acquisition that's over 13 hours of work for the person selling to sit through.
    Just a normal guy
  • #2
    PolishMike
    Calguns Addict
    • Nov 2007
    • 6034

    I would personally get the paper DROS signed/thumbprinted then enter everything into DES acquisition. Then print them all and get them signed/thumbprinted.

    I don't see a way around getting every acquisition form signed and thumbprinted. I've done a 150 gun collection and it was a pain.
    Artist formally known as CEO of Tracy Rifle and Pistol

    Comment

    • #3
      Baboosh
      Calguns Addict
      • Jun 2008
      • 6769

      Putting a large collection on consignment, question

      Problem is seller is up North. I'd rather not drive up there twice.
      Just a normal guy

      Comment

      • #4
        I Swan
        Calguns Addict
        • Sep 2010
        • 8770

        Getting OT but how do you plan on selling these? Will you make a massive sale post on CGN or appt to go see them or?

        Comment

        • #5
          XxWoodsHunterxX
          Senior Member
          • Nov 2009
          • 1698

          Have you thought about doing it as a trust.

          Comment

          • #6
            ugimports
            Vendor/Retailer
            • Jun 2009
            • 6250

            Originally posted by XxWoodsHunterxX
            Have you thought about doing it as a trust.
            How would this work putting firearms in a trust?
            UG Imports - Fremont, CA FFL - Transfers, New Gun Sales
            Closure Schedule: http://ugimports.com/closed
            web​ / email / vendor forum

            I AM THE MAJORITY!!!

            Amazon Links Posted May be Paid Links

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            • #7
              XxWoodsHunterxX
              Senior Member
              • Nov 2009
              • 1698

              Putting a large collection on consignment, question

              I guess it would just cut down on transfer paperwork in the long run. They are like a living will sort of say. I read an article in the Wall Street journal about it before. They are popular for nfa items especially.

              Edit: it would be best to talk to a gun attorney or estate attorney for the details about it. That is if he is looking to sell as a whole collection.
              Last edited by XxWoodsHunterxX; 02-19-2016, 7:33 PM.

              Comment

              • #8
                GOLDEN GUN
                Banned
                • Dec 2012
                • 2326

                This might be a dumb question... When exactly are we supposed to use the acquisition online form of DES?

                I'm assuming consignment or buying a gun from a customer.

                What about taking in shipments from private parties to transfer to a customer in a shipment and purchase they set up?

                Example: guy wins auction on a melted KSG shotgun from a private party. Customer asks me if I would accept the delivery and I agree. Private party ships the gun to me directly. I receive the shotgun and transfer it to the customer via dealer long gun sale.

                Was I supposed to use the acquisition form for this? Is the second hand dealers license required for this? Anything else I'm missing?
                Last edited by GOLDEN GUN; 02-19-2016, 7:42 PM.

                Comment

                • #9
                  kemasa
                  I need a LIFE!!
                  • Jun 2005
                  • 10706

                  I am not sure that the acquisition paperwork is required when the person is outside of the area in which your business is located. For example, if the person is out of state, they would not have a CA ID.

                  If any of the firearms need to be transferred as a CA PPT, that would be an issue since you would need to have them sign a DROS worksheet, as well as going to your location (or a gunshow). This would only apply for handguns not on the certified list and not exempt.

                  As to the question above. when you take a firearm in for inventory, or in other words when you buy the firearm in order to sell it. You are not buying a firearm when you transfer it.
                  Kemasa.
                  False signature edited by Paul: Banned from the FFL forum due to being rude and insulting. Doing this continues his abuse.

                  Don't tell someone to read the rules he wrote or tell him that he is wrong.

                  Never try to teach a pig to sing. You waste your time and you annoy the pig. - Robert A. Heinlein

                  Comment

                  • #10
                    Elite Armory
                    Member
                    • Aug 2012
                    • 421

                    Sorry for my ignorance but what is the deal with the paper DROS in this situation? How does that help the situation since they would have to be ran through the FDAS and not the DROS?
                    Elite Armory
                    3636 Castro Valley Blvd #1
                    Castro Valley, CA 94546
                    (510) 538-1686

                    Hours:
                    Tues-Sat: 11:00am-6:30pm

                    Elite Armory Plus
                    7601 W 11th Street
                    Tracy, CA 95304
                    (209) 362-2010

                    Hours:
                    Tues-Fri: 11:00am - 7:00pm
                    Sat-Sun: 10:00am - 8:00pm

                    *Follow us on Twitter and/or FaceBook for updates on what we have coming into the shop.

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                    • #11
                      kemasa
                      I need a LIFE!!
                      • Jun 2005
                      • 10706

                      If it is a handgun and is not exempt and not on the certified list, in order for a FFL to sell it on consignment you need to do it as a PPT. So, you need to have the seller fill out a DROS worksheet prior to submitting the DROS.

                      It is only part of the process and you still have to deal with the FDAS, unless you personally buy the firearms.
                      Kemasa.
                      False signature edited by Paul: Banned from the FFL forum due to being rude and insulting. Doing this continues his abuse.

                      Don't tell someone to read the rules he wrote or tell him that he is wrong.

                      Never try to teach a pig to sing. You waste your time and you annoy the pig. - Robert A. Heinlein

                      Comment

                      • #12
                        Elite Armory
                        Member
                        • Aug 2012
                        • 421

                        Ahh okay, makes sense.

                        The first part of the original post threw me off when OP said "Acquisition paperwork for every single one with the seller there or can we do 1 paper DROS"

                        Thanks for the clarification.
                        Elite Armory
                        3636 Castro Valley Blvd #1
                        Castro Valley, CA 94546
                        (510) 538-1686

                        Hours:
                        Tues-Sat: 11:00am-6:30pm

                        Elite Armory Plus
                        7601 W 11th Street
                        Tracy, CA 95304
                        (209) 362-2010

                        Hours:
                        Tues-Fri: 11:00am - 7:00pm
                        Sat-Sun: 10:00am - 8:00pm

                        *Follow us on Twitter and/or FaceBook for updates on what we have coming into the shop.

                        Comment

                        • #13
                          acespawnshop
                          CGN/CGSSA Contributor
                          CGN Contributor
                          • Jun 2012
                          • 2852

                          If you text me a picture of what's on the list I may be of some help sending customers your way who may want some of those.
                          Interstate Transfers $100 (DROS included with the price)
                          Email acesjewelryandloan@hotmail.com if you need us to do a transfer!
                          Or call 626-968-5900

                          Follow us on Facebook @acesjewelryandloan Need Cash Fast? Get a loan on your firearms here!

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