If you’re a gun owner, then chances are you’ve heard about the new gun restrictions that may be put in place as part of an Executive Order  by President Barack Obama. If you’re a gun collector though, you’re probably wondering how this affects your ability to build, trade, and sell your collection of firearms. While there are many things to consider about the new rules, here are some things to think about when buying and selling firearms through a pawn shop:

1) Mandatory Background Checks

Though many pawn shops  already have standard policies requiring background checks to be done for any firearm purchases,  mandatory background checks are part of the executive action and so they may become much more common, for the express purpose of making it more difficult to obtain a firearm. According to the FBI website on the NICS Background Check System, some reasons you can be denied the right to obtain a firearm are:

  • You’ve been convicted in any court of a crime punishable by imprisonment for a term exceeding one year
  • You are a fugitive from justice
  • You are an unlawful user of or addicted to any controlled substance

2) Even Online Sales Are Impacted

As per the fact sheet , the action even impacts online sales of firearms for registered sellers. This means that the online storefronts of most pawn shops (authorized businesses at least) will be required to adhere to the same rules regarding background checks as their physical stores. While there is some debate on how effective the executive action will be at completely closing loopholes for online sellers and buyers to circumvent laws, it will certainly impact any legitimate businesses’ online stores.

3) If you’re selling, you’re a seller

According to the fact sheet on the action, “There is no specific threshold number of firearms purchased or sold that triggers the licensure requirement.” It actually says, a bit more plainly, that convictions for “dealing without a license” have been upheld for as little as one or two firearm related transactions. This means that if you’re a hobbyist who likes to sell your collection to buy new firearms, it might be in your best interest to have a license to sell, even if you wouldn’t consider yourself a seller.

By being aware of potential future regulations, you can prepare for the future, so that you don’t have to press pause on your collection. Read up!

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