Full Auto Ownership Law ..Can I get one?

[VikesFan1]

You would wan tto make sure that the gun is papered properly!

Oh, they will be properly papered.. $100, $200, $300... HAHA! Just kidding. I couldn't resist.

Good stuff here folks. I appreciate all of the input .

[1911fan]

I do not believe a transfer of a class 3 NFA weapon can take place between private people UNLESS it is willed to you and you accept as part of the estate settlement. Even then, I think there is a need for a FFL of the proper type to handle the paperwork, but the tax is waved on a inheritance.

If you find the right shop, and they have done this before, its a pretty easy thing to do, you more or less escrow the money to the gun shop pending the approval of your paperwork, and there are a few ways to do that, the best is a firearms trust. which allows for multiple owners, so that if you leave the state and you wife has the gun safe open she does not become a felon, (that does help with domestic bliss). Once the paperwork is all approved and signed off on as well as taxes paid, you then complete the sale at the gun shop.

That said, its fun, its costly, and it does make a great 4th of July celebration to haul out the old Tommy gun and let everyone around the lake know that you are making your annual statement.

[VikesFan1]

Thanks 1911 fan. Per usual, you're right on point. ...Checking with a gun shop would make sense.

it does make a great 4th of July celebration to haul out the old Tommy gun and let everyone around the lake know that you are making your annual statement.

SWEET!

Oh, and if I'm not related to this person, then what? Does Godfather count?

[Einthoven's Triangle]

Actually this explains Form 4 transfers. http://www.atf.gov/firearms/nfa/nfa_han ... apter9.pdf

[phorvick]

I do not believe a transfer of a class 3 NFA weapon can take place between private people UNLESS it is willed to you and you accept as part of the estate settlement. Even then, I think there is a need for a FFL of the proper type to handle the paperwork, but the tax is waved on a inheritance.

Nope, at least between private C&R holders that reside in the same State that is not the case. Been there. Done that and with specific ATF approval that if the seller is in the same State, and is selling a C&R to a C&R holder, that once approval is given by the ATF, the transfer can take place face-to-face or shipped directly to the new owner. Further, I was in the process of buying another C&R from a dealer in Missouri, and he called ATF and got written verification that even if the transfer is between people of different States, that from him to a C&R holder again could be done (after approval) simply by shipping directly to me. (I ended up cancelling the process....got nervous about sending $$ in advance and what might happen politically before the ATF approval came down. I decided to see what the climate is after BO takes office; I did not relish the thought of my $$ in Missouri and some change in the legality occurs).

[phorvick]

Reising SMG rate of fire is not that quick it runs about 500 RPM, a HK UMP runs a tad faster at 600 RPM, a Thompson is in the 800 RPM. Not like MAC 10 in 45 that rips them off in excess of 1100 RPM.

No sense in arguing, but we are likely both right. According to historical sources, early Thompsons were made to run in the 800+ rpm rate, while later versions at 600rpm. Individual units would of course, vary.

Though described as a submachine gun, the Reising was actually designed as a compact lightweight semi-automatic carbine that was also capable of fully-automatic fire. There were four versions of the Reising: two selective fire (semi-automatic or full-automatic): the M50 and M55, and two semi-automatic-only: the M60 and the M65, this last one chambered for the .22 Long Rifle rimfire cartridge for training purposes.

The M50 was a selective fire weapon, capable of a full auto fire rating at 450–600 rounds per minute or semi auto fire. It was reported that the true full auto rate was nearer to 750–850 rounds per minute. Unlike most submachine guns, the Reising fires from a closed bolt.

My Reising fires at a rate faster than any Thompson I have shot. Sure, not many...I believe I have only shot a half dozen Thompson's (way cool), so the statistical sample is lacking. It is probably safe to say that my Reising is faster than some (many? few?) Thompsons, and that some (many? few?) Thompsons are faster than other Reisings. I will defer to ET that likely I may have the aberrant model...but, again, models do vary. Whatever the true rate (I will stopwatch test mine), the smile across the faces of shooters is priceless (even if the ammo is not!)

But...a smg has -0- purpose for us not in the military except to assist in support of ammo makers and to put smiles on faces. When I am in NE doing classes, I always have it with and many many people say they attend my class in part for the chance to shoot something full auto that they have not been able to do before. I have recovered my cost in additional class participants I am sure. I see it as a business tool....an investment. (OK, I realize I am stretching for justification...but I need to have some reason other than fun!)

[Einthoven's Triangle]

Having fired a couple of Reising's in the past, they are traditionally SLOW for MG....... And, but who know's perhaps it was ?

[JFettig]

I can attest to the rate of fire of Pauls reising, it is probably 700+. I've fired a few m4s, MP5s, a Sten, Uzis, and others that are in the 7-800 rpm range too to compare that experience to.

Lots of fun!
Jon

[Einthoven's Triangle]

Reisings are slow enough you can almost catch the brass.....The Reising is low $$ entry level CIII C&R MG that is for sure. And, then you can always load 230gr LRN reloads for cheap $$$

[phorvick]

Back in October, the UnivNorthDakota Students for Concealed Carry on Campus had an event in rural Buxton, ND. (Which, if you think of it is funny calling it "rural Buxton" when the town is already in the middle of nowhere!).

Near the end of this video ...actually about at the 2:23 mark, there is a very brief footage of a person shooting a Reising....not mine...but you get to see the basic operation etc.

http://www.youtube.com/watch?v=wYy1Wh3lOrc

[Squib Joe]

By the way, a local is selling a Reising 50 for 4000. Send a PM if you're interested.

[1911fan]

I stand corrected the C&R to C&R, but that runs close to both of you being FFL's, only not a commercial one....too fine a point to uptight about.

When I had more money, I looked at getting a AC556 ruger, (think A team) which was on the list even though it was not 50 years old, and the dealer in Tenn that I was using would open a escrow account when he got the money, and if you did not pass, you got the money back from a bank, not from the dealer, which I felt was a far better option than just giving someone 5 grand in cash on just a promise....Mind you, I think the feds might get involved in a case like that if payment was not made, but I felt a bank was a better deal.

There were something like 20 AC556 rugers that made it on the list for some reason, and were still going to be covered by Ruger's factory service. I think that if you have a place where you can be put on the trust say in Wisc or FLa, and get to play with it there, the AC556 makes the most sense for the fun user. The ammo is reasonable, any breakages can be mailed back and forth between you and the factory, they are a current production item, and seing that all papered guns are now older than 1986 or even older on C&R which CAN make parts hard to find.

The Thompson's I shoot belong to a former TC gunsmith, who has at least three of them, a 21, with the fore grip and a couple C drums, from the Lincoln Ne PD. He has a navy 28 and a late savage M1 A1. LOADS of fun to shoot, but bring a strong back, because ammo flies out so fast you are wondering who is going to carry (and Buy) the next batch. With his three, the late M1 A1 has a distinctly slower firing rate, despite being the pure blow back gun, with the 21 being a very fast rate. The Late Savage gun is much closer to feeling like Bambambam and the 21 feels like bababababababam, Even after just a couple of tries its easy to let single and double taps go with the savage, where as the 21 its harder to get only a triple off.

[Keith]

By the way, a local is selling a Reising 50 for 4000. Send a PM if you're interested.

Damn! I knew I should have bought a couple of those things a decade ago when a friend was selling them for $1200.

[Tutmos]

Full autos are a horrible investment at this point. All it will take is a little pen stroke to fix those "loopholes," as they will see them, and remember these people want to do it. They'll either make it illegal to sell or god forbid illegal to own without compensating the person for the loss. The only prayer people have that are doing it as an investment is that the whole auto market flies under the radar and the people now in control of every branch of government aren't told about it.

[Tutmos]

Here's a good example, I'm sure a number of you also got this email from the Brady group.


"Moving Day Has Finally Arrived!
Dear Kevin,

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