Placing a handgun on consignment to sell at a FFL-Dealer

Placing a handgun on consignment to sell at a FFL-Dealer

This is a discussion on Placing a handgun on consignment to sell at a FFL-Dealer within the FFL Dealer Discussion forums, part of the Related Topics category; Placing a handgun on consignment to sell at a FFL-Dealer. The dealer has a form that specifies certain information along with the length of minimum ...

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Thread: Placing a handgun on consignment to sell at a FFL-Dealer

  1. #1
    Distinguished Member Array dennis40x's Avatar
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    Placing a handgun on consignment to sell at a FFL-Dealer

    Placing a handgun on consignment to sell at a FFL-Dealer. The dealer has a form that specifies certain information along with the length of minimum time for the consignment and the agreed to selling price and the dealers fee. At no time have you sold or relinquished ownership of the handgun. At the end of the consignment term you go to pick up the weapon. The dealer requires that you fill out federal government/ATF forms to reacquire your ownership of the handgun which you never sold to the dealer to begin with.

    On the other hand the same FFL-Dealer has a gun smithing service. You simply fill out a form for the work to be done and they issue you a property ticket. When the work is completed you present the property ticket, pay for the service and out the door you go with out filling out government/ATF forms.

    What's the difference between the two services in regards to government/ATF forms requirement by the dealer?
    Last edited by dennis40x; August 11th, 2019 at 11:54 AM.

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    Might be your state laws or the dealer's quirk. In our state we do NOT have to fill out anything if we pick up a gun which has been on consignment but has not sold.
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    Distinguished Member Array Shootnlead's Avatar
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    Return of consigned firearm has to be in the dealers disposition record. In other words, he has to put in the book and take it out...proving what was done with the gun.
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    Senior Member Array halem1's Avatar
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    Several stores in my area, once they check a firearm into their inventory for consignment sale, require a 4473 if you want to have it returned. I guess a repair is not considered inventory so no 4473 required.
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    Maybe a local law.

    The pawnshops here do the same thing. Make you fill out a 4473 to pick up your own gun after you pawn it to them and pay the bill.

    I'm pretty sure they do that to ensure that nothing has changed.

    As an FFL I don't do that. You drop off the gun for repair or whatever, you come to get it when it's done, filling out a 4473 is not only stupid but a waste of time and effort.
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  7. #6
    Distinguished Member Array Shootnlead's Avatar
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    Quote Originally Posted by HotGuns View Post
    Maybe a local law.

    The pawnshops here do the same thing. Make you fill out a 4473 to pick up your own gun after you pawn it to them and pay the bill.

    I'm pretty sure they do that to ensure that nothing has changed.

    As an FFL I don't do that. You drop off the gun for repair or whatever, you come to get it when it's done, filling out a 4473 is not only stupid but a waste of time and effort.
    Return of consigned firearm requires 4473 and background check.

    https://www.atf.gov/firearms/qa/how-...gnment-firearm
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    Quote Originally Posted by Shootnlead View Post
    Return of consigned firearm requires 4473 and background check.

    https://www.atf.gov/firearms/qa/how-...gnment-firearm
    THat may be why I don't consign firearms, now that I think about it.
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    Distinguished Member Array Shootnlead's Avatar
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    Quote Originally Posted by HotGuns View Post
    THat may be why I don't consign firearms, now that I think about it.
    I don't blame you for that...not a bit!
    “The everyday man who holsters a handgun for come-what-may eventualities cannot improve on a .44 Special revolver.” Skeeter Skelton

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    Sales versus repairs. Not the same thing.
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    We sold a lot of guns on consignment. The gun gets logged into the ffl's record book, now the ffl owns the gun legally. If it doesn't sell, the owner wants it back, well of course a 4473 has to be filled out for them to take possession of their gun again.

    FFL has to have the gun recorded in their books if it's in inventory for sale. If it's brought in for repair, it gets logged into the repair book, not the inventory book.
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    Quote Originally Posted by Shootnlead View Post
    Return of consigned firearm requires 4473 and background check.

    https://www.atf.gov/firearms/qa/how-...gnment-firearm
    Thats what I had to do everytime I sold one on consignment.
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    Thank you to of those who replied! Now I understand!
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