Virginia NFA Suppresor Question

[tmwtrfwler]

For those of us in Virginia with NFA items, specifically cans, what is the resale market for them?

They're trying to outright ban suppressors. NO grandfathering. If passed you would have to destroy, send them out of state (sale/store them). Of course nobody would comply.

For those that were to follow the law the question is do they hold any resale value out of state? What would that process even look like? Wouldn't it need two stamps? Via an FFL then to the purchaser? or direct to teh purchaser after their stamp is approved?

[CDR_Glock]

For those of us in Virginia with NFA items, specifically cans, what is the resale market for them?

They're trying to outright ban suppressors. NO grandfathering. If passed you would have to destroy, send them out of state (sale/store them). Of course nobody would comply.

For those that were to follow the law the question is do they hold any resale value out of state? What would that process even look like? Wouldn't it need two stamps? Via an FFL then to the purchaser? or direct to teh purchaser after their stamp is approved?

I don’t think there’s a resale market for them.

You have to be pretty knowledgeable to buy a used one.

I’d be concerned about bafflestrikes, broken internal components, or excessive debris.

Would a warranty be transferable from the original user to another individual? Most companies do not honor a transfer, for example, in other gun related accessories except Vortex. I don’t know of any NFA companies that honor that kind of stuff.


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[themonk]

If its under a trust, find a friend in WV and add them to it.

[markm]

You have to be pretty knowledgeable to buy a used one.

If you can look at a can in person, you don't have to know very much. Buying one blind however might be a gamble.

However, in the big picture. Anyone suggesting the seizure of legally owned property needs to catch a bullet immediately. "Nip it.... Nip it in the bud"

[CDR_Glock]

If you can look at a can in person, you don't have to know very much. Buying one blind however might be a gamble.

However, in the big picture. Anyone suggesting the seizure of legally owned property needs to catch a bullet immediately. "Nip it.... Nip it in the bud"

True

I just can’t see how a Virginian can sell to someone, sight unseen.

If necessary, I’d move my things to another state where they’re legal, pick them up if they become legal again or just move to that state.




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[tmwtrfwler]

All good info guys. I think what most will do is sit on them and use them as normal. But if it really does hit the fan where they start looking for this type of thing if they do band them, which they most likely will, I would imagine most would add somebody out of state to the trust as mentioned previously. I would not buy a used can personally.

If One is to add somebody out of state on their trust then wouldn’t you have to notify the ATF of a relocation to that state. Or does that not apply?

[MCASSgt New River]

All good points on the previous posts!

My .02 cents....

You would also have a 2 stamp transfer at this point. From you mto the out of state FFL/SOT and then from them to the buyer...adding $400 to the cost of a used suppressor is what would stop me, even if you split the cost.

Best of luck.

[themonk]

All good points on the previous posts!

My .02 cents....

You would also have a 2 stamp transfer at this point. From you mto the out of state FFL/SOT and then from them to the buyer...adding $400 to the cost of a used suppressor is what would stop me, even if you split the cost.

Best of luck.

SOTs dont do stamps. They are an intermediary, it's just goes on their books. You sell it to Joe Schmo in FL > You find an SOT here in VA to take the transfer (they will probably charge you for this) > your SOT does the paperwork to transfer the can to their books > Joe finds an FFL that will do his transfer for him > your SOT will will then transfer it to his SOT in the ATF system > when they receive it Joe does standard paperwork to put the can under him personally or his trust by paying the tax ($200 tax stamp).

[Tx_Aggie]

SOTs dont do stamps. They are an intermediary, it's just goes on their books. You sell it to Joe Schmo in FL > You find an SOT here in VA to take the transfer (they will probably charge you for this) > your SOT does the paperwork to transfer the can to their books > Joe finds an FFL that will do his transfer for him > your SOT will will then transfer it to his SOT in the ATF system > when they receive it Joe does standard paperwork to put the can under him personally or his trust by paying the tax ($200 tax stamp).

I'm pretty sure this is incorrect.

If an NFA item is on a form 4, it stays on one. Selling out of state would require the owner to transfer the item to a dealer in the buyers state on a form 4 ($200 tax), and then that dealer would transfer the item to the buyer (second $200 tax). This is how most machine gun sales happen these days, and I can't see how a can would be any different. Other than not being worth enough to justify the investment in time and taxes.

As for VA, it's moot anyways. At this point if they outlaw them, the way the current house bill is written, a privately owned suppressor will be illegal to own before the first transfer (to an out of state dealer) has even cleared.

The only real option other than just keeping a can (or giving it up, I guess) would be to move it out of state, either to another responsible person on your trust, or placed in secure storage.

[Renegade]

SOTs dont do stamps. They are an intermediary, it's just goes on their books. You sell it to Joe Schmo in FL > You find an SOT here in VA to take the transfer (they will probably charge you for this) > your SOT does the paperwork to transfer the can to their books > Joe finds an FFL that will do his transfer for him > your SOT will will then transfer it to his SOT in the ATF system > when they receive it Joe does standard paperwork to put the can under him personally or his trust by paying the tax ($200 tax stamp).

Yes, SOTs do stamps if they are acquiring or disposing to/from an NON-SOT. So $400 to get a privately owned can out of state. Shoulda used a trust or llc.