“Being in one of my entrepreneurial moods at this time, Id like to bounce an idea off of you (and other FReepers). Is there any restriction that you know about that restricts a private party from organizing, sponsoring, conducting a buy back? Of course I mean from the transfers that may require an FFL.”
I have thought about this as well. Done right, it could work. The “problem” is that most of these turn in event are “fueled” by free advertising from the media, which a strictly private event might not get, and free “gravitas” and “credibility” from the presence of police officers. Usually their time is “donated” as well.
I still think it could work in a mostly gun friendly community with the cooperation of the police and the local media.
It is the opportunity costs which have prevented me from trying it.
I’d love to discuss with you on FReepmail if OK with you. I’ve already chatted up a buddy in Vegas.
I think you are further down the trail than I am.
I’m thinking re-sale may be a bugaboo to deal with before hand.
I think what happens is that some states allow private sales and some don’t. You would have to research the states’ laws.
In Texas, it is perfectly legal to sell a gun to your friend or relative. It’s best for each person to sign a note saying that on this date I bought or sold a gun from this person, just in case there’s a problem down the road.
I have no idea how you would do this on a larger scale, though.